2021: Rollercoaster year for air cargo
The global air cargo industry experienced very strong and sustainable airfreight demand from the beginning of 2020 which continued in 2021 as well. However, limited capacity for cargo transportation increased the freight rates accordingly. Air cargo industry professionals rate 2021 as a real rollercoaster experience as there were many surprises.
According to Cargolux president & CEO Richard Forson, 2021 has been more challenging operationally than 2020. “At present, the challenge is the lack of capacity, for both sea and air freight. There are blockages at ports in the USA as well as at certain airports in China. This is compounded by the fact that warehouses are full and trucking in short supply. In Asia specifically, testing and quarantine restrictions make it extremely difficult to operate our schedule optimally,” he said.
2021 has been a rollercoaster according to Fedor Novikov, marketing director at Volga-Dnepr Group. “No one expected the Suez Canal crisis, port congestion, container shortages which created additional pressure on the air cargo sector as many customers opted for air freight instead of sea freight to avoid supply chain disruptions,” Novikov said.
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