After a difficult 2023, this year has been one of resurgence for bongdaso mobile air market. Unlike a typical year’s air peak season, which ranges from early fall to bongdaso mobile Chinese New Year, 2024 has seen an early, extended period of heightened activity. Booming demand for e-commerce from Asia, air diversions from disruptions in bongdaso mobile Red Sea, and shippers using air to mitigate bongdaso mobile effects of bongdaso mobile US East and Gulf Coast port strike have all contributed to bongdaso mobile usual peak season. Elevated airfreight demand has carried on for three quarters and shows no signs of slowing down as we near bongdaso mobile end of 2024.
As shippers plan for 2025, this extended air peak season has added another layer of complexity as forecasting is less reliable than ever. However, there is much to be learned from this abnormal peak season that can help shippers and whichever direction bongdaso mobile market goes.
Three considerations when building 2025 plans:
Diversification is a must – across modes and trade lanes.
No shipper is a stranger to disruption in 2024. Shippers are currently facing ongoing risks from geopolitical conflict, severe weather, labour unrest, volatile consumer demand, and more.
These persistent disruptions have made effective mode diversification a business imperative for 2025. Building multimodal techniques into shipping strategies ensures adaptability in bongdaso mobile face of changing circumstances and allows your freight to continue moving even if one mode experiences delays or disruptions.
Adjusting shipping strategies to include flexibility and a mix of modes will continue to be important in 2025. Air forecasting is becoming increasingly difficult, so evaluating bongdaso mobile freight that is truly urgent and worthy of air will be critical for risk mitigation and cost savings.
Be prepared for regulatory changes, which could move fast.
A recent move by bongdaso mobile Biden Administration to curb low-value shipments entering bongdaso mobile US duty-free under bongdaso mobile US0 de minimis threshold — commonly utilised by e-commerce businesses in Asia — highlights bongdaso mobile need to keep regulatory and compliance issues top of mind. With bongdaso mobile upcoming US election and new security measures anticipated across Europe, more regulatory shifts are likely on bongdaso mobile horizon in 2025 and could have an impact on capacity. For example, should bongdaso mobile de minimis threshold be lowered, air capacity would likely open as most of bongdaso mobile e-commerce freight using air now would be at risk of being held at bongdaso mobile border.
Overall, bongdaso mobile global regulatory trade landscape is growing more complex. It can have major impact on not only individual supply chains but also on capacity and rates, and shippers should pay attention to anticipate potential changes to their strategy. At least 70 countries have elections in 2024, representing nearly half of bongdaso mobile world’s population. As a result, it’s likely that more trade and compliance changes are on bongdaso mobile horizon. Working with a global logistics partner will enable shippers to stay informed of regulatory changes in order to make bongdaso mobile best decisions for their business and supply chain strategy.
Driving up cost and straining available capacity
Air has long been seen as a safeguard for businesses willing to pay premium rates to avoid potential disruption, and bongdaso mobile ongoing uncertainties in ocean shipping have increased reliance on this mode. For critical just-in-time inventory, such as pharmaceuticals and automotive, bongdaso mobile preference for airfreight is justified. However, air capacity has increasingly been flooded by non-essential freight that doesn’t need to be moved through air, which is driving up costs and further straining available capacity.
This issue highlights not just a supply chain pressure but a broader industry challenge. Companies need a clearer understanding of which freight is best suited for air transport versus other modes. Accurately assessing bongdaso mobile urgency of shipments, calculating bongdaso mobile cost of failure, and then choosing bongdaso mobile appropriate transportation method is crucial to both maintaining inventory and controlling costs.
By building flexibility into strategies and being prepared for changes, shippers can better prepare for whatever challenges and opportunities may arise when bongdaso mobile calendar flips to 2025.
Source: https://aircargoweek.com/key-takeaways-from-bongdaso mobile-elongated-peak-season/
At bongdaso mobile inaugural Global Air Cargo Summit, held in Antalya, Türkiye, bongdaso mobile International Civil Aviation Organization (ICAO) forecasted that air freight volumes will grow by an...
bongdaso mobile imposition of new U.S. tariffs on foreign-made vehicles and components is causing significant disruptions in bongdaso mobile global automotive supply chain. Airfreight, often a linchpin...
Global trade uncertainty is prompting air cargo shippers and freight forwarders to favor short-term contracts over longer-term agreements, as highlighted in a recent Xeneta...
U.S. plans to end tariff-free access for low-value shipments from China and Hong Kong, coupled with a new 145% tariff rate on Chinese imports, are projected to slash over...
Trade groups warn of higher ocean shipping costs and disrupted supply chains, while U.S. officials argue bongdaso mobile policy aims to strengthen domestic shipbuilding and enhance economic...
Since January, bongdaso mobile Trump Administration has announced and delayed multiple tariffs on imports from Canada and Mexico, further destabilizing bongdaso mobile cross-border freight market....
As global supply chains adjust to post-pandemic realities and shifting trade dynamics, bongdaso mobile air cargo industry in bongdaso mobile Asia-Pacific (APAC) region finds itself at a pivotal crossroads.
Global tonnage improved +3% in week 15 (April 7-13) after bongdaso mobile previous week’s drop of -7% as markets that had closed for bongdaso mobile Eid-al-Fitr holiday came back on stream, but comparison...
E-commerce continues to be a key growth driver for air cargo, fueled by rising consumer demand and bongdaso mobile rapid expansion of emerging markets, even as regulatory barriers increase.
bongdaso mobile International Air Transport Association (IATA) has maintained a positive outlook for air cargo, emphasizing that bongdaso mobile majority of global trade remains unaffected by bongdaso mobile...
en