Major airlines like Air China and China Southern Airlines are planning to cancel freighter services between China and the U.S., which could further limit cargo capacity. E-commerce shipments have already dropped by about 50% since mid-April, with many platforms halting shipments. Meanwhile, demand from Southeast Asia remains stable due to a 90-day tariff exemption. In contrast, Mexican cargo demand is increasing, attributed to companies shifting production to leverage favorable trade terms. The overall freight market is experiencing fluctuations, and delays are anticipated in North America due to high import volumes and backlogs.

Source: https://www.stattimes.com/air-cargo/freighter-cancellations-from-china-to-hit-capacity-dimerco-1355103