14/09/2024
✈️ Intense Competition for Air Cargo Space from China 🚨
The competition for hashtag space in southern China has surged, with demand from e-commerce giants like Shein and Temu consuming over 30% of available capacity. Prices for airfreight have risen by 40% compared to 2023, driven by the increase in low-cost items being shipped.
Freight forwarders are warning that space will be even tighter during the fourth-quarter retail rush, urging businesses to lock in rates early to avoid shortages and price spikes.
What You Can Do:
1.Book Early: Secure air cargo space in advance to avoid delays.
2.Explore Alternatives: Consider sea freight or multi-modal options.
3.Plan Flexibly: Adjust logistics plans to account for longer lead times.
4.Budget for Increases: Prepare for rising shipping costs.
If you need assistance with bookings for your upcoming shipments
simply contact us.
