DACHSER has followed other freight forwarders to warn
customers that the air cargo industry faces a capacity crunch in the upcoming peak
season.
The Germany-based forwarder told
customer in a note that there would be capacity bottlenecks on the Asia-Europe
trade and transatlantic trade during the peak, according to London's
Air Cargo News.
It added that capacity was already constrained on the
transatlantic, while Asia-Europe faces an earlier than expected peak.
"A variety of reasons are causing a shortage of
freight capacity. Airfreight companies have reduced overcapacity in the past
and at the same time, airfreight volumes are increasing due to a lack of sea
freight capacity.
"In addition, existing bookings are being
cancelled by air freight companies. Processing bottlenecks at airlines and
trading partners could further increase shipment times.
"For this reason, it is recommended that air
freight shipments be booked as soon as possible, so that they can be dispatched
as planned," the company said.
To overcome the problem, the forwarder said it would
charter its own flights, shift good flows to smaller airports and increase
standing capacities at strategic airline partners.
In late July, Panalpina warned the Far East peak
season is expected to start earlier and be even stronger than last year's,
while the transatlantic trade is already seeing tight belly capacity during a
period where airlines have added capacity for the summer season.
There was a similar outlook at Flexport, which said the
airfreight market, especially from Asia to North America, is the strongest it's
has been for the past six to seven years driven by e-commerce, new product
launches and quarter-end project shipments tying up capacity and the residual
effect of ocean alliance shift in April.
"Airlines are prioritising space for e-commerce
shipments, which are highly volumetric and therefore consume more space than
typical hard freight consolidations," Flexport said.
Source : HKSG.
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