transpacific
New
The surprisingly robust cargo figures from Asia to America have sent freight operators scurrying to find more market openings. Sam Chambers reports from Dalian
O
cean and air freight have played out a merry dance on the transpacific sector this year as they wrestled each other for market share. Pricing and space constraints encouraged shippers to switch away from waterborne
transportation to aircraft in the second quarter of the year, before shipping lines fixed their schedules and brought many laid-up vessels out of hibernation. Container shipping lines endured their worst year in
living memory in 2009. As part of a ruse to drive rates back up in 2010, they continued to hold their ships in dock,
despite demand picking up dramatically. This created headaches for shippers and resulted in plenty of cargo being delayed at the dockside. So bad did the situation become that many shippers resorted to using air freight services for much of the second quarter. Bjorn Jensen, vice president, global freight and logistics
services for appliances giant Electrolux, said back in May: “There is tremendous pressure on all trade lanes, with more cargo than ships deployed.” Electrolux, along with a host of other well-known shippers, has had to resort to using air freight to get its products to market in recent months.
20 AIR LOGISTICSCHINA
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