After the widespread cargo disruption at Shanghai Pudong Airport (PVG) due to drastic Covid policies, freighter flights are slowly resuming, but a reduced workforce means week-long cargo delays and fast-moving freight rates. Space is still scarce and EU destinations are currently delayed two-to-three days. One Chinese forwarder in Shanghai expects that most freighters will be back to schedule soon, while all passenger-freighters will remain cancelled until 5 September. Furthermore, with capacity from PVG down 30%-50%, rates are continuing the upward spiral experienced since the start of the year.
top of page
Search
Recent Posts
See AllGlobal air cargo demand increased by 11% year on year in March for the third consecutive month, driven by factors like e-commerce and disruptions in Red Sea shipping. Xeneta's latest analysis revealed
Ocean freight rates decreased via North America East Coast (-3.9% week-over-week), North America West Coast (-2.8%), Europe (-0.7%), and Korea (-1.9%).
DHL Global Forwarding is enhancing its airline partnerships by integrating with Korean Air's booking system. This direct connection allows DHL to make reservations directly from its CargoWise system,
bottom of page