As the air freight market approaches its peak season, rates are rising sharply, especially in the Asia-Pacific region, where demand surpasses capacity. Thomas Kempf of Flexport reported a significant demand increase, with rates climbing around 2% bi-weekly. He noted that regions like South Asia and the Middle East are also contributing to this trend. The China-US route faces a supply-demand imbalance exacerbated by the e-commerce surge. To navigate this evolving landscape, shippers should remain flexible, explore alternative transport routes, and consider smaller shipment sizes to secure capacity and reduce delays.

Source: https://www.stattimes.com/air-cargo/air-freight-taking-off-for-peak-season-with-demand-outpacing-capacity-1353346