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With global GDP growth now projected at 2.6 percent, slightly above its market prediction of 2.4 percent, we are seeing early signs of Asia-Pacific trade routes rebounding,\u201d said Niki Frank, CEO, DHL Global Forwarding Asia Pacific.<\/p>\n And the economic mood music continues to sweeten, with inflation normalizing in many locations, and the JP Morgan Global Manufacturing PMI recently hitting its highest level since July 2022.<\/p>\n The DHL report further concluded that Asia Pacific is projected to increase widebody belly capacity in anticipation of the summer 2024 traffic season, with schedules suggesting that widebody belly capacity will likely exceed summer 2023 levels by double digits<\/p>\n RELATED ARTICLES<\/strong><\/p> Chinese e-retailers such as Temu and Shein have been widely credited for much of the <\/span>upturn in the sector<\/span><\/a> this year. In the final week of April, this additional demand helped push air spot rates from China to the United States (U.S.) up by 14 percent year-on-year. By comparison, the average global was 8 percent lower compared to a year earlier.<\/span><\/p>\n Having only launched in September 2022, Temu now has 51 million U.S. customers. Shein\u2019s fashion and lifestyle app has achieved almost 14 million downloads, making the two marketplaces <\/span>serious rivals to Amazon<\/span><\/a>.<\/span><\/p>\n These emerging, aggressive buyers of air charter and bellyhold space are also using a different logistics strategy than Amazon and other e-commerce players sourcing in China. Instead of shipping inventory to major developed markets and distributing from domestic warehouses, they are relying on air services and flying products directly to consumers from factories in China. This enables faster delivery times without impinging on their ability to offer competitive prices.<\/span><\/p>\n A U.S. congressional report from June last year estimated that Shein and Temu were responsible for almost <\/span>600,000 packages<\/span><\/a>\u00a0arriving in the U.S. per day.<\/span><\/p>\n Apart from consumer goods, seasonal demand for flower exports amid the spring bloom has also provided an April boost for the air freight industry. Both Africa and the Central & South America (CSA) regions saw major weekly gains during the month. WorldACD noted that 84 percent of the tonnage growth ex-CSA was attributed to higher flower exports to North America, ahead of Mother\u2019s Day in the U.S. and Canada on 12 May.<\/span><\/p>\n Frank concluded that air cargo demand may ease later on during the slower summer season, but early indicators suggest consistent growth, which will likely fuel a potential recovery throughout the year.<\/span><\/p>\n \u201cMeanwhile, the exceptional surge in e-commerce, ocean shipping disruptions, and supply chain diversification will continue to drive air cargo demand on selected trade lanes.\u202fSo we are cautiously optimistic for a stabilization and potential slight increase in air cargo demand compared to the latter half of 2023,\u201d said Frank.<\/span><\/p>\n While positive growth is welcome news for the air cargo market, the surge in demand is broaching capacity fears for the end-of-year holiday season.<\/span><\/p>\n \u201cB2C e-commerce volumes continue to be the big driver of demand and worries about available capacity out of China, especially late in the year during air cargo\u2019s peak season,\u201d commented Judah Levine, Head of Research at Freightos.<\/span><\/p>\n Some carriers are taking steps to add capacity in response, including the newly announced transpacific service of Compagnie Maritime D\u2019Affretement Compagnie G\u00e9n\u00e9rale Maritime, which will launch in June. However, capacity is still expected to get even tighter in Q4.<\/span><\/p>\n Meanwhile, Chinese airlines are also <\/span>increasing bellyhold capacity for U.S. flights<\/span><\/a>. Stakeholders are contracting space now to avoid shortages later in the year, should e-retailer demand create a <\/span>capacity crunch<\/span><\/a>.<\/span><\/p>\n “The current surge may be attributed to the peak traffic season, but prioritizing the balance between demand and capacity remains paramount for ensuring sustained growth in air cargo throughout the year. Shippers must exercise foresight and secure capacity to pre-empt potential shortages later on,\u201d said Frank.<\/span><\/p>\n In less chipper news, the quasi blockade of the Suez Canal to shipping is also firing air freight demand which has now <\/span>grown by double digits for four consecutive months<\/span><\/a>.<\/span><\/p>\n Transit times to the U.S. East Coast and European destinations have increased by at least a week and by around two weeks to eastern Mediterranean destinations, while schedule reliability has tumbled.<\/span><\/p>\n \u201cFor apparel companies in India, Bangladesh, and Sri Lanka, this means shifting exports to the skies or missing the spring season,\u201d Niall van de Wouw, chief air freight officer at Xeneta, said on a recent episode of <\/span>The Loadstar podcast<\/span><\/a>.<\/span><\/p>\n Sea-air options via Colombo, Sri Lanka, and Dubai, UAE, have also proven attractive for many shippers. As a result, spot rates have surged on lanes from South Asia and the Middle East to Europe.<\/span><\/p>\n However, operators reliant on Dubai have suffered their own difficulties in April. Not only did shipping in the Arabian Gulf come under increased threat after the <\/span>seizure of the MSC Aries<\/span><\/a> by Iran<\/span>, but Dubai also suffered two years\u2019 worth of rainfall in just 24 hours. This led to heavy flooding at Dubai International Airport (DXB), resulting in <\/span>hundreds of cancelled flights, and the airport was temporarily closed<\/span><\/a>.<\/span><\/p>\n Meanwhile, as Asia Pacific trade readies itself for economic recovery, airports in the region are preparing themselves to take on greater volumes.<\/span><\/p>\n Hong Kong might be losing container shipping port calls, but its air freight hub remains a formidable player in global trade. Last year, Hong Kong International Airport (HKIA) retained its position as the world\u2019s busiest cargo airport after recording a 3.3 percent increase in volumes to take total throughput to 4.3 million tons.<\/span><\/p>\n Memphis cinched the second spot<\/span><\/a> followed by Shanghai, Anchorage, and Incheon.<\/span><\/p>\n According to preliminary figures from Airports Council International (ACI), 2023 was the 13<\/span>th<\/span> time since 2010 that HKIA has taken the top spot. However, volumes remained down on 2019 levels when HKIA handled 4.8 million tons of freight.<\/span><\/p>\n To cope with growing volumes, HKIA has also been investing in the high-value and fast-growing e-commerce sector. Last year, the airport saw the completion of both the Cainiao Smart Gateway, developed by Alibaba Group\u2019s logistics arm, and the expansion of DHL\u2019s Central Asia Hub<\/a>, which increased its capacity by 50 percent.<\/span><\/p>\n \u201cAir cargo is a key driver of the growth of Hong Kong\u2019s logistics industry and overall economic development,\u201d said Jack So, chairman of Airport Authority Hong Kong (AAHK). \u201cAAHK shall continue to work tirelessly with our air cargo community to further strengthen HKIA\u2019s competitiveness as a global cargo hub.\u201d<\/span><\/p>\n","post_title":"Air cargo's seasonal surprise","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"air-cargo-seasonal-surprise","to_ping":"","pinged":"","post_modified":"2025-03-27 16:08:21","post_modified_gmt":"2025-03-27 08:08:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/lot.dhl.com\/?p=55013","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},"custom":{"thumbnail":false,"title":"","excerpt":"","cta":"Read more","linkmail":false,"cta_url":"","email_address":"","outbound_email_subject":""},"select_existing_outbound_links":false}]},{"acf_fc_layout":"wysiwyg","wysiwyg":" \u0e43\u0e19\u0e02\u0e13\u0e30\u0e17\u0e35\u0e48\u0e01\u0e32\u0e23\u0e1f\u0e37\u0e49\u0e19\u0e1f\u0e39\u0e17\u0e32\u0e07\u0e40\u0e28\u0e23\u0e29\u0e01\u0e34\u0e08\u0e01\u0e33\u0e25\u0e31\u0e07\u0e42\u0e1a\u0e22\u0e1a\u0e34\u0e19 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\u0e23\u0e31\u0e10\u0e1a\u0e32\u0e25\u0e21\u0e35\u0e40\u0e1b\u0e49\u0e32\u0e2b\u0e21\u0e32\u0e22\u0e43\u0e19\u0e01\u0e32\u0e23\u0e25\u0e14\u0e01\u0e32\u0e23\u0e1b\u0e25\u0e48\u0e2d\u0e22 CO2 \u0e25\u0e07\u0e23\u0e49\u0e2d\u0e22\u0e25\u0e30 5 \u0e43\u0e19\u0e01\u0e32\u0e23\u0e1a\u0e34\u0e19\u0e23\u0e30\u0e2b\u0e27\u0e48\u0e32\u0e07\u0e1b\u0e23\u0e30\u0e40\u0e17\u0e28\u0e1c\u0e48\u0e32\u0e19\u0e40\u0e0a\u0e37\u0e49\u0e2d\u0e40\u0e1e\u0e25\u0e34\u0e07\u0e2d\u0e32\u0e01\u0e32\u0e28\u0e22\u0e32\u0e19\u0e41\u0e1a\u0e1a\u0e22\u0e31\u0e48\u0e07\u0e22\u0e37\u0e19 (SAF) \u0e20\u0e32\u0e22\u0e43\u0e19\u0e1b\u0e35 2030 \u0e41\u0e15\u0e48\u0e2a\u0e21\u0e32\u0e04\u0e21\u0e02\u0e19\u0e2a\u0e48\u0e07\u0e2a\u0e34\u0e19\u0e04\u0e49\u0e32\u0e17\u0e32\u0e07\u0e2d\u0e32\u0e01\u0e32\u0e28\u0e23\u0e30\u0e2b\u0e27\u0e48\u0e32\u0e07\u0e1b\u0e23\u0e30\u0e40\u0e17\u0e28 (IATA) \u0e44\u0e14\u0e49\u0e01\u0e25\u0e48\u0e32\u0e27\u0e27\u0e48\u0e32\u0e40\u0e1b\u0e49\u0e32\u0e2b\u0e21\u0e32\u0e22\u0e19\u0e35\u0e49\u0e2d\u0e32\u0e08\u0e08\u0e30\u0e17\u0e33\u0e44\u0e21\u0e48\u0e44\u0e14\u0e49\u0e43\u0e19\u0e23\u0e30\u0e14\u0e31\u0e1a\u0e42\u0e25\u0e01<\/a> \u0e2d\u0e35\u0e01\u0e17\u0e31\u0e49\u0e07\u0e22\u0e31\u0e07\u0e15\u0e49\u0e2d\u0e07\u0e43\u0e0a\u0e49\u0e40\u0e0a\u0e37\u0e49\u0e2d\u0e40\u0e1e\u0e25\u0e34\u0e07\u0e41\u0e1a\u0e1a\u0e22\u0e31\u0e48\u0e07\u0e22\u0e37\u0e19\u0e16\u0e36\u0e07\u0e23\u0e49\u0e2d\u0e22\u0e25\u0e30 27 \u0e02\u0e2d\u0e07\u0e2d\u0e31\u0e15\u0e23\u0e32\u0e04\u0e27\u0e32\u0e21\u0e08\u0e38 \u0e41\u0e17\u0e19\u0e17\u0e35\u0e48\u0e08\u0e30\u0e40\u0e1b\u0e47\u0e19\u0e23\u0e49\u0e2d\u0e22\u0e25\u0e30 3 \u0e43\u0e19\u0e1b\u0e31\u0e08\u0e08\u0e38\u0e1a\u0e31\u0e19<\/p>\n \u0e15\u0e32\u0e21\u0e01\u0e32\u0e23\u0e1e\u0e22\u0e32\u0e01\u0e23\u0e13\u0e4c\u0e25\u0e48\u0e32\u0e2a\u0e38\u0e14\u0e02\u0e2d\u0e07 IATA \u0e01\u0e32\u0e23\u0e1c\u0e25\u0e34\u0e15 SAF \u0e19\u0e31\u0e49\u0e19\u0e04\u0e32\u0e14\u0e27\u0e48\u0e32\u0e08\u0e30\u0e40\u0e1e\u0e34\u0e48\u0e21\u0e02\u0e36\u0e49\u0e19\u0e2d\u0e35\u0e01\u0e2a\u0e32\u0e21\u0e40\u0e17\u0e48\u0e32\u0e16\u0e36\u0e07 1.9 \u0e1e\u0e31\u0e19\u0e25\u0e49\u0e32\u0e19\u0e25\u0e34\u0e15\u0e23 (1.5 \u0e25\u0e49\u0e32\u0e19\u0e15\u0e31\u0e19) \u0e43\u0e19\u0e1b\u0e35\u0e19\u0e35\u0e49 \u0e2d\u0e22\u0e48\u0e32\u0e07\u0e44\u0e23\u0e01\u0e47\u0e15\u0e32\u0e21 IATA \u0e22\u0e2d\u0e21\u0e23\u0e31\u0e1a\u0e27\u0e48\u0e32\u0e19\u0e35\u0e48\u0e08\u0e30\u0e17\u0e14\u0e41\u0e17\u0e19\u0e40\u0e0a\u0e37\u0e49\u0e2d\u0e40\u0e1e\u0e25\u0e34\u0e07\u0e2d\u0e32\u0e01\u0e32\u0e28\u0e22\u0e32\u0e19\u0e44\u0e14\u0e49\u0e40\u0e1e\u0e35\u0e22\u0e07\u0e23\u0e49\u0e2d\u0e22\u0e25\u0e30 0.53 \u0e02\u0e2d\u0e07\u0e04\u0e27\u0e32\u0e21\u0e15\u0e49\u0e2d\u0e07\u0e01\u0e32\u0e23\u0e40\u0e0a\u0e37\u0e49\u0e2d\u0e40\u0e1e\u0e25\u0e31\u0e07\u0e43\u0e19\u0e1b\u0e35 2024<\/p>\n \u0e44\u0e14\u0e49\u0e21\u0e35\u0e01\u0e32\u0e23\u0e1b\u0e23\u0e30\u0e01\u0e32\u0e28\u0e42\u0e04\u0e23\u0e07\u0e01\u0e32\u0e23\u0e40\u0e0a\u0e37\u0e49\u0e2d\u0e40\u0e1e\u0e25\u0e34\u0e07\u0e41\u0e1a\u0e1a\u0e22\u0e31\u0e48\u0e07\u0e22\u0e37\u0e19\u0e16\u0e36\u0e07 140 \u0e42\u0e04\u0e23\u0e07\u0e01\u0e32\u0e23\u0e17\u0e35\u0e48\u0e2a\u0e32\u0e21\u0e32\u0e23\u0e16\u0e1c\u0e25\u0e34\u0e15 SAF \u0e44\u0e14\u0e49 \u0e0b\u0e36\u0e48\u0e07\u0e08\u0e30\u0e40\u0e23\u0e34\u0e48\u0e21\u0e01\u0e32\u0e23\u0e1c\u0e25\u0e34\u0e15\u0e20\u0e32\u0e22\u0e43\u0e19\u0e1b\u0e35 2030 \u0e2b\u0e32\u0e01\u0e01\u0e32\u0e23\u0e1c\u0e25\u0e34\u0e15\u0e44\u0e14\u0e49\u0e40\u0e23\u0e34\u0e48\u0e21\u0e02\u0e36\u0e49\u0e19\u0e15\u0e32\u0e21\u0e17\u0e35\u0e48\u0e1b\u0e23\u0e30\u0e01\u0e32\u0e28 \u0e1b\u0e23\u0e34\u0e21\u0e32\u0e13\u0e01\u0e32\u0e23\u0e1c\u0e25\u0e34\u0e15\u0e40\u0e0a\u0e37\u0e49\u0e2d\u0e40\u0e1e\u0e25\u0e34\u0e07\u0e41\u0e1a\u0e1a\u0e22\u0e31\u0e48\u0e07\u0e22\u0e37\u0e19\u0e2d\u0e32\u0e08\u0e40\u0e1e\u0e34\u0e48\u0e21\u0e02\u0e36\u0e49\u0e19\u0e16\u0e36\u0e07 51 \u0e25\u0e49\u0e32\u0e19\u0e15\u0e31\u0e19\u0e20\u0e32\u0e22\u0e43\u0e19\u0e1b\u0e35 2030 \u0e42\u0e14\u0e22\u0e17\u0e35\u0e48\u0e04\u0e27\u0e32\u0e21\u0e2a\u0e32\u0e21\u0e32\u0e23\u0e16\u0e43\u0e19\u0e01\u0e32\u0e23\u0e1c\u0e25\u0e34\u0e15\u0e08\u0e30\u0e01\u0e23\u0e30\u0e08\u0e32\u0e22\u0e44\u0e1b\u0e17\u0e31\u0e48\u0e27\u0e17\u0e38\u0e01\u0e20\u0e39\u0e21\u0e34\u0e20\u0e32\u0e04<\/p>\n \u0e27\u0e31\u0e15\u0e16\u0e38\u0e14\u0e34\u0e1a\u0e17\u0e35\u0e48\u0e2b\u0e25\u0e32\u0e01\u0e2b\u0e25\u0e32\u0e22\u0e21\u0e32\u0e01\u0e02\u0e36\u0e49\u0e19\u0e08\u0e30\u0e0a\u0e48\u0e27\u0e22\u0e25\u0e14\u0e01\u0e32\u0e23\u0e1e\u0e36\u0e48\u0e07\u0e1e\u0e32\u0e01\u0e23\u0e14\u0e44\u0e02\u0e21\u0e31\u0e19\u0e40\u0e15\u0e34\u0e21\u0e44\u0e2e\u0e42\u0e14\u0e23\u0e40\u0e08\u0e19 \u0e0b\u0e36\u0e48\u0e07\u0e40\u0e1b\u0e47\u0e19\u0e41\u0e2b\u0e25\u0e48\u0e07\u0e02\u0e2d\u0e07 SAF \u0e23\u0e32\u0e27\u0e46 \u0e23\u0e49\u0e2d\u0e22\u0e25\u0e30 80 \u0e43\u0e19\u0e1b\u0e31\u0e08\u0e08\u0e38\u0e1a\u0e31\u0e19 \u0e41\u0e25\u0e30\u0e01\u0e32\u0e23\u0e40\u0e1e\u0e34\u0e48\u0e21\u0e41\u0e23\u0e07\u0e08\u0e39\u0e07\u0e43\u0e08\u0e08\u0e32\u0e01\u0e23\u0e31\u0e10\u0e1a\u0e32\u0e25\u0e40\u0e1b\u0e47\u0e19\u0e2d\u0e35\u0e01\u0e2a\u0e48\u0e27\u0e19\u0e2b\u0e19\u0e36\u0e48\u0e07\u0e02\u0e2d\u0e07\u0e1b\u0e31\u0e08\u0e08\u0e31\u0e22\u0e01\u0e23\u0e30\u0e15\u0e38\u0e49\u0e19\u0e01\u0e32\u0e23\u0e1c\u0e25\u0e34\u0e15\u0e17\u0e35\u0e48\u0e23\u0e30\u0e1a\u0e38\u0e42\u0e14\u0e22 IATA<\/p>\n![](\"https:\/\/lot.dhl.com\/wp-content\/uploads\/2024\/05\/AFR-April-1200-x-630-1.jpg\"\/)
<\/figure><\/a>Amid the e-commerce bloom season<\/span><\/span><\/h2>\n
Tailgating e-retailers<\/span><\/span><\/h2>\n
E-commerce soar<\/span>s<\/span> above the <\/span>R<\/span>ed Sea<\/span><\/h2>\n
Hong Kong = Number 1<\/span><\/span><\/h2>\n
\u0e01\u0e32\u0e23\u0e1c\u0e25\u0e34\u0e15 SAF \u0e08\u0e30\u0e40\u0e1e\u0e34\u0e48\u0e21\u0e02\u0e36\u0e49\u0e19\u0e2a\u0e32\u0e21\u0e40\u0e17\u0e48\u0e32<\/h2>\n