Weekly Air Operations Update: Shanghai to Europe, US and Australia 02/06/23

Shanghai to London

• At present, ecommerce goods are still the main force in the air market, with a large volume occupying the vast majority of the space
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• Rates are up slightly this week

Shanghai to New York

• At present, ecommerce goods are still the main force in the air market, with a large volume occupying the vast majority of the space
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• East USA rates are increasing

Shanghai to Los Angeles

• At present, ecommerce goods are still the main force in the air market, with a large volume occupying the vast majority of the space
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• West USA rates are increasing

Shanghai to Frankfurt

• At present, ecommerce goods are still the main force in the air market, with a large volume occupying the vast majority of the space
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• Rates are up slightly this week

Shanghai to Melbourne

• The Australian market is relatively stable and has not been affected by the large export volume of ecommerce cargo
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is currently open
• Air rates are rising slowly

Shanghai to Sydney

• The Australian market is relatively stable and has not been affected by the large export volume of ecommerce cargo
• Airport operations are currently normal
• Hauliers are working as normal
• No flight cancellations
• No weather disruptions
• Space is open
• Air rates are rising slowly

Market intel

• HK's freight and logistics industry key player in GBA's success: HAFFA

  CHAIRMAN of the Hong Kong Association of Freight Forwarding and Logistics (HAFFA) Gary Lau has stressed the importance of Hong Kong's freight and logistics industry's role as a key player in the success of the Greater Bay Area (GBA).

  Speaking at the association's 57th anniversary annual gala dinner attended by 620 guests, Mr Lam reflected on the association's milestone achievements over the last twelve months especially its pivotal role in bringing about changes to legislation governing the transshipment of cargo in the re-export of e-cigarette products via Hong Kong.

  He noted the vigorous campaign of government engagement to reverse the resulting catastrophic impact on the industry, while at the same time offering secure alternative solutions in which HAFFA played a leading role in driving legislative amendments.

  "HAFFA is gratified the Government is open to its members' concerns and to seeking an optimal solution whereby the health of both the public and the logistics industry is assured," Mr Lau said.

  He pledged HAFFA's full support to the Government in expediting the resumption of intermodal transshipments of the affected products via Hong Kong as soon as practicable.

  "Now is the time for us to work together to innovate, strive hard and stay united in our goal to grow our economy and re-establish this great city as the world's most competitive business and regional logistics hub."

  During a recent 17-strong HAFFA delegation to the GBA, the association signed a framework agreement with the Zhuhai Transport Group, a state-owned group of companies responsible for the development and operation of Zhuhai's transport infrastructure.

  "The agreement will see strengthened cooperation with a particular focus on enhanced utilization of the HK-Zhuhai-Macao Bridge and the Guangdong-Hong Kong-Macao Logistics Park," Mr Lau added.
  
  

• N. China
  

  In June, more flights between China and Europe will be launched with the opening of Beijing Daxing Airport (PKX).
  
  

• S. China

  The export volume of ecommerce is still increasing, leading to tight space conditions and high rates in the Southern China market.