Transpacific Eastbound Air Freight Sees Sudden Upswing

Transpacific Eastbound Air Freight Sees Sudden Upswing

The TransPacific Eastbound airfreight market, especially from mainland China and Hong Kong, experienced a dramatic rebound over the last several days. This increase in volume has triggered rate hikes and caused limited space availability.

Several factors may have contributed to the market rebound:

1. Reduced cargo capacity due to routine aircraft maintenance.

2. Increased airfreight demand on Personal Protective Equipment.

3. Apple and other consumer electronics companies have begun shipping new products, accounting for a portion of freighter capacity.

As a result, rate increases may occur on a daily basis. Therefore, we encourage shippers to check circumstances on a shipment by shipment basis.

For assistance securing a booking or a spot rate, please reach out to your Janel Group Account Representative.