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Widebody freighters booked through Q4: Dimerco

The airfreight commodity mix has evolved significantly due to several factors - shifts from ocean freight to air...

STAT Times3 Aug 2024 2:39 PM IST

India/Australia: For air shipments from India to the U.S./CA, space constraints in ocean freight have led to the transfer of some time-sensitive cargo from ocean to air. Space is tight for cargo from Chennai and Bengaluru on the U.S./Canada lane with rates rising. On the Europe lane, capacity from Chennai and Bengaluru is seeing an upturn while rates continue to be stable while both capacity and rate is stable on intra-Asia lanes from Chennai/Bengaluru.