CARGOPOINT, a forwarder based in Tashkent, Uzbekistan, has launched a new air service connecting China to Europe, reports Hong Kong's South China Morning Post.
As global trade seeks robust and agile supply chains, this new transit corridor aims to streamline cargo movement between Asia and Europe, the company said.
CargoPoint plans to provide reliable capacity and a welcome alternative to bottlenecked routes through other regions.
Despite fluctuating demand and capacity constraints across the China-Europe corridor, the air cargo market remains resilient, driven by the continued expansion of trade and e-commerce.
The air cargo flow between China and Europe recorded a year-on-year increase of 14.6 per cent in August 2024, according to IATA.
WorldACD stated that the spot rates for air cargo between China and Europe have risen by to 18 per cent in the calendar week 36 and reached US$4.39 per kg, one of the highest levels seen in 2024.
This trend aligns with the broader market recovery and increased demand for air cargo capacity following disruptions in maritime shipping and improving global trade.
With Tashkent at the heart of this route, CargoPoint capitalises on its location. This new air corridor allows companies to bypass complex geopolitical bottlenecks, such as Russian airspace closure, tensions in the Red Sea and the broader Middle East, shortening delivery times for European and Asian businesses.
CargoPoint, along with its partner Turkish Cargo, is playing a crucial role in shaping this new logistics landscape. Turkish Cargo operates about 25 flights per week, with two daily widebody aircraft, making it the largest capacity provider connecting Tashkent airport to Istanbul and beyond.
CargoPoint is weaving Tashkent and Uzbekistan back into the fabric of the Silk Road, rekindling ancient pathways where cultures converged and commerce flourished.
SeaNews Turkey
As global trade seeks robust and agile supply chains, this new transit corridor aims to streamline cargo movement between Asia and Europe, the company said.
CargoPoint plans to provide reliable capacity and a welcome alternative to bottlenecked routes through other regions.
Despite fluctuating demand and capacity constraints across the China-Europe corridor, the air cargo market remains resilient, driven by the continued expansion of trade and e-commerce.
The air cargo flow between China and Europe recorded a year-on-year increase of 14.6 per cent in August 2024, according to IATA.
WorldACD stated that the spot rates for air cargo between China and Europe have risen by to 18 per cent in the calendar week 36 and reached US$4.39 per kg, one of the highest levels seen in 2024.
This trend aligns with the broader market recovery and increased demand for air cargo capacity following disruptions in maritime shipping and improving global trade.
With Tashkent at the heart of this route, CargoPoint capitalises on its location. This new air corridor allows companies to bypass complex geopolitical bottlenecks, such as Russian airspace closure, tensions in the Red Sea and the broader Middle East, shortening delivery times for European and Asian businesses.
CargoPoint, along with its partner Turkish Cargo, is playing a crucial role in shaping this new logistics landscape. Turkish Cargo operates about 25 flights per week, with two daily widebody aircraft, making it the largest capacity provider connecting Tashkent airport to Istanbul and beyond.
CargoPoint is weaving Tashkent and Uzbekistan back into the fabric of the Silk Road, rekindling ancient pathways where cultures converged and commerce flourished.
SeaNews Turkey
