Air freight market enters peak season; secure bookings early due to tight capacity.
As the peak season for the second half of the year approaches, air cargo capacity is becoming tight. Customers with air freight needs are advised to plan ahead to ensure on-time shipment.
With the peak season approaching in the second half of the year, global air cargo capacity is tightening and rates are rising. Shenghe International Logistics advises customers with air freight needs to plan ahead to ensure on-time shipment.
Market Status
1. Limited space: Due to new product launches for electronics and holiday stockpiling, capacity utilization on Asia-to-Europe/US routes has exceeded 90%, with some popular routes fully booked.
2. Freight rate increase: Rates on major routes have risen 15-25% compared to the first half of the year and are expected to continue climbing during the peak season.
3. Extended Transit Time: Due to a surge in cargo volume, congestion at certain airport freight terminals has led to longer processing times. Please allow ample time for shipment.
Recommended Actions
1. Book space in advance: We recommend booking at least 7-10 days ahead to secure availability.
2. Flexible route selection: Consider connecting flights or secondary airports for lower fares.
3. Optimize packaging: Improve load efficiency and reduce shipping costs.
4. Choose a professional freight forwarder: Partner with a capable forwarder to secure more reliable cargo space.
Shenghe International Logistics maintains long-term partnerships with major carriers including Cathay Pacific, Singapore Airlines, and Emirates, ensuring reliable cargo space availability and competitive freight rates for our clients.
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