Air Cargo Peak Approaching, Ship Today!
According to the latest weekly market update by forwarder Flexport, the peak season on Air Cargo will start in August, or rather, the current peak will “worsen.”
High demand, fueled in part by the slow-moving and expensive maritime freight market, low sales-to-inventory ratio, rising e-commerce, and insufficient capacity, is expected to keep the skies busy in the second half.
Many shippers are waiting for their inventory to be replenished.
Consumers in the United States have saved $3 trillion and want to spend it.
Air is more affordable than you think,” Flexport said.
Detention and demurrage lost sales, and out-of-stock merchandise all cost more than air freight.”
Because of e-commerce, trade is growing more complicated. This will encourage further air cargo growth.” E-commerce necessitates greater speed and agility, making it a good fit for the air.
Industry experts recommend that shipments must be scheduled up to eight weeks in advance.
