Transpacific air cargo space shortage as bellyholds fail to return

Capt. John

TRANSPACIFIC ecommerce demand is so high and passenger volume is too low that there is now insufficient bellyhold capacity upon which air freight depends, reports New York’s Journal of Commerce. Air cargo space on China-US trade has seen the rate rising 15 per cent in the first three weeks of October to its current level of US$5.42 per kilogramme, according to the Baltic Air Freight Index. Load factors on the transpacific out of China were at 89 per cent in the first two weeks of October, which...

https://www.seanews.com.tr/transpacific-air-cargo-space-shortage-as-bellyholds-fail-to-return/198783/

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