Asia-Europe Shippers Pivot to Multimodal Routes as Airfreight Rates Skyrocket
Soaring airfreight costs on the Asia-Europe trade lane are compelling shippers to seek alternative logistics solutions. The surge in prices is driven by strong e-commerce demand and cargo diversions from sea freight due to the ongoing Red Sea crisis. In response, freight forwarders are increasingly promoting multimodal options to balance cost and transit times. These hybrid routes include sea-air services transiting through hubs like Dubai and road-air combinations moving goods from China through Vietnam. This strategic shift highlights the industry's adaptation to volatile market conditions and capacity constraints.
Official Source: https://theloadstar.com/asia-europe-shippers-eye-multimodal-routes-as-airfreight-costs-soar/
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