Demand for air and rail shipments from Asia to Europe is soaring with essential shipments being switched to the alternative transportation modes to avoid delays from ocean carriers diverting ships around southern Africa.<\/p>\n
The predicted rise in air freight rates and volumes from Asian origins to Europe is beginning to materialize, while rail operators and forwarders are reporting a surge in bookings for China-Europe rail services.<\/p>\n
Air cargo volume from Vietnam to Europe \u2014 a major trade route for apparel \u2014 spiked 62% in the week ending Jan. 14, according to rate benchmarking platform Xeneta. The volume is up 16% compared with the same week last year.<\/p>\n
\u201cThis is the first signal in Xeneta data that the Red Sea crisis is impacting air freight,\u201d Niall van de Wouw, the analyst\u2019s chief air freight officer, said in a statement Friday. \u201cThis is typically a quieter time of year for air freight so to see increases of this magnitude, with higher volumes than at any point in 2023, is significant.\u201d<\/p>\n
Data from WorldACD also shows double-digit percentage increases in demand to Europe from Asia-Pacific, the Middle East and South Asia in the last two weeks, which the Netherlands-based analyst said could be a result of the longer ocean voyages.<\/p>\n
\u201cAlthough it\u2019s unclear yet to what extent this has contributed to air cargo demand, those elevated tonnage figures to Europe … likely reflect some contribution from modal shift on these lanes from sea to air and to sea-air,\u201d the analyst noted.<\/p>\n
Also taking off is demand for rail freight on the China to Europe network that has been depressed since the Russian war with Ukraine brought shipments via the northern corridor to a virtual standstill in the first quarter of 2022.<\/p>\n
Igor Tambaca, managing director of Asia-Europe focused Rail Bridge Cargo, told the Journal of Commerce that he has seen a 68% increase in rail requests from shippers this year and 43% more actual bookings.<\/p>\n
\u201cCustomers tend to use the northern route to be faster into Europe, especially the express rail solution that has a transit time of 12 to 13 days,\u201d he said.<\/p>\n
Tambaca noted that for ethical reasons, some shippers preferred not to rail through Russia and used the middle corridor instead, although that route is also used for rail shipments directly into Turkey, Israel and Jordan.<\/p>\n
Detail please refer to JOC news.<\/em><\/p>\n Source:<\/p>\n Knowler, G. (2024, January 19). Red Sea disruption drives Asia-Europe shippers to air, rail alternatives<\/i>. Journal of Commerce. https:\/\/www.joc.com\/article\/red-sea-disruption-drives-asia-europe-shippers-air-rail-alternatives_20240119.html<\/p>\n Demand for air and rail shipments from Asia to Europe is soaring with essential shipments being switched to the alternative transportation modes to avoid delays from ocean carriers diverting ships around southern Africa. The predicted rise in air freight rates and volumes from Asian origins to Europe is beginning to materialize, while rail operators and …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[78],"tags":[89],"class_list":["post-2873","post","type-post","status-publish","format-standard","hentry","category-news","tag-logistics"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/2873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/comments?post=2873"}],"version-history":[{"count":1,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/2873\/revisions"}],"predecessor-version":[{"id":2874,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/2873\/revisions\/2874"}],"wp:attachment":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/media?parent=2873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/categories?post=2873"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/tags?post=2873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}