The air freight market is bracing for a difficult peak season, spurred by increased demand from the Red Sea Crisis and booming e-commerce in China, leading to rising freight rates in Asian corridors. With global load factors already up and capacity concerns looming, upcoming e-commerce volumes are expected to reach new highs. Airlines are reallocating capacity to more profitable routes, particularly in Asia, which may negatively impact trade routes to Latin America and Africa. Shippers are advised to secure terms with vendors, avoid congested hubs, rely on data for decisions, leverage trade imbalances, and delay negotiations until 2025 to better navigate the challenges ahead.

Source: https://www.stattimes.com/air-cargo/a-storm-is-coming-for-the-air-freight-market-1353466