#INTHEAIREVERYWHERE |
Vol. 16 No. 9 | Wednesday
January 25, 2017 |
It
appears that the period from around Feb.
15 to Mar. 12 will be very interesting for
air and ocean cargo, based on recent comments
from people around the world who spoke on
and off the record.
Air and ocean rates were buoyant on healthy
demand ahead of the Chinese New Year (CNY)
festivities, which officially start on January
28. Chinese Ports Build Up
What is clear is that there has been a major
build up of cargo at Chinese ports ahead
of CNY, which could keep rates higher than
usual in February as backlogs are cleared.
And, while finding capacity is not an issue
ex-China for air freight shippers, most
forwarders contacted by FlyingTypers
report healthy volumes and steady pricing
in line with the gains made in Q4. Rates Are Up
Lucas Kuehner, Global Head of Air Freight
at Panalpina, predicted air freight volumes
would remain strong up to the start of Lunar
New Year. “Carrier rates are still
higher than usual and last year,”
he added. “After Lunar New Year, we
expect volumes and rates to drop, but expect
a rather strong end to the quarter in March
for Asia-outbound shipments.”
Daryl Ridgway, Global Head of Ocean Freight
at Panalpina, said ocean demand was currently
“extremely strong.” Other Voices
However, Paul Tsui’s take on CNY was
very different to many of his peers. The
managing director of forwarding and logistics
operator Janel Group and the immediate past
chairman of the Hong Kong Association of
Freight Forwarding and Logistics and the
Federation of Asia Pacific Aircargo Associations,
he said many factories in China had already
closed down production lines this week,
resulting in “quiet” demand. |
Asked to submit
a report card on 2016, Volga-Dnepr Group’s
Marketing & Sales Senior Vice President
Robert van de Weg puts it on the line: 2016
In Review
|
SmartKargo
went live to support cargo business processes
for Wingspan Group, which represents Air
Asia India. Geoffrey |
RE:
Dutch
Treat
Editor's Note: Both Brown Wilder and Isaac Nijankin were early stalwarts at TIACA and worked diligently to help establish TIACA back when the future of that organization hung by a thread.
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Vol.
16 No. 6 United Bellies To Top Of The World Chuckles for January 16, 2017 Old Is New For Ethiopian The Importance Of Jan Meurer My President Was Black |
Vol.
16 No. 7 Business Vox Pop Looks At Asia 2017 Chuckles for January 19, 2017 Trump Effect On Cargo The Donald & Me |
Vol.
16 No. 8 |
Publisher-Geoffrey
Arend • Managing Editor-Flossie Arend • Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend • Advertising Sales-Judy Miller |
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