Air cargo facing huge post-Golden Week demand: forwarders

All air freight cargo capacity from Asia will probably be absorbed by the autumn release of new mobile phone and playstation models.

More than half the available airfreight capacity was removed by the cancellation of passenger flights in the spring. Rates on Shanghai-North Europe routes, increased by 340 percent from 2019.

Ocean shipping alternatives out of China to the US or rail freight to Europe are already heavily in demand and rates are expected to increase.