General overview: Despite the end of the CNY holiday, some factories have been slower to resume work, which has resulted in a lower level of export volume. Volume is expected to return to normal from next week.
Shanghai to London
- Airport operations are currently normal
- Hauliers are working as normal
- No flight cancellations
- Weather is normal
- Space is currently open
- Rates are stable
Shanghai to New York
- Airport operations are currently normal
- Hauliers are working as normal
- No flight cancellations
- Weather is normal
- Space is currently open
- Rates are stable
Shanghai to Los Angeles
- Airport operations are currently normal
- Hauliers are working as normal
- No flight cancellations
- Weather is normal
- Space is currently open
- Rates are stable
Shanghai to Frankfurt
- Airport operations are currently normal
- Hauliers are working as normal
- No flight cancellations
- Weather is normal
- Space is currently open
- Rates are stable
Shanghai to Melbourne
- Airport operations are currently normal
- Hauliers are working as normal
- No flight cancellations
- Weather is normal
- Space is currently open
- Rates are stable
Shanghai to Sydney
- Airport operations are currently normal
- Hauliers are working as normal
- No flight cancellations
- Weather is normal
- Space is currently open
- Rates are stable
Market intel
Air cargo market shows signs of cooling after busy start to 2024
RECENT data indicates a cooling of the air cargo market following a brisk start to the year, driven by factors such as the Red Sea crisis and the pre-Lunar New Year rush, reports London's Air Cargo News.
According to figures provided by analyst WorldACD, in week six, there was a two per cent decline in tonnages out of China compared to the previous week, with imports experiencing a more significant drop of 15 per cent.
This deceleration comes after a notable surge in cargo volumes out of China as shippers hurried to dispatch goods before the Lunar New Year holiday.
Source: SeaNews
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