Red Sea Crisis Fuels Air Cargo Surge and Reshapes Global Corridors
Ongoing disruptions in the Red Sea are forcing ocean carriers to reroute vessels, adding significant delays to global supply chains. Consequently, shippers are increasingly turning to air cargo and hybrid sea-air solutions to bypass the troubled maritime corridor. This shift has caused a dramatic surge in demand for air freight, particularly from hubs like Dubai and Bangkok to Europe. As a result, air cargo rates on key east-west trade lanes have seen substantial increases as capacity tightens. The situation is expected to intensify with the approaching Chinese New Year, further pressuring both capacity and pricing.
Official Source: https://aircargoweek.com/how-red-sea-disruptions-are-reshaping-global-air-cargo-corridors/