Recovery of Air Cargo Volumes Between China and the US After Typhoon Disruptions

Air Cargo Volumes Bounce Back

The air cargo sector between China, Hong Kong, and the United States has seen a significant recovery in volumes following the disruptions caused by Typhoon Wipha earlier this month. The resurgence, particularly noted in late July, reflects the resilience and adjusting dynamics of global logistics amidst natural calamities.

Week 30 Performance Overview

According to the latest data from WorldACD, during week 30 (21st to 27th July), air cargo tonnages directed towards the United States increased by 4% from China and 5% from Hong Kong. This rebound occurred after decreases of 3% and 9% in the preceding week due to storm-induced flight cancellations.

In contrast, the recovery on transatlantic routes to Europe has been noticeably slower. Cargo volumes from Hong Kong to Europe registered a minor increase of 2% but followed a 7% drop. Shipments from China towards Europe continued their decline, falling by another 2%.

Capacity Restoration on US Routes

The resumption of flights from major gateways in Hong Kong and southeastern China played a vital role in lifting the overall cargo volumes from the Asia-Pacific to the US by 3%. This shift indicates a return to a more stable operational environment in what has been an exceptionally volatile air cargo market this year.

Spot rates for air cargo on this route have increased to $4.89 per kilogram, marking a 2% rise compared to previous weeks. A notable spike was observed for shipments from South Korea, where rates skyrocketed by 29% to $6.01 per kilogram, representing the second-highest price point this year following a dramatic fall of 17% just a week earlier.

European Market Comparisons

Conversely, volumes on Asia Pacific to Europe routes decreased by 2% overall during the same period. A prominent shift was noted from Japan, where shipments to Europe dropped by 10%. Meanwhile, rates remained largely stable on most channels. In contrast, the outbound tonnages from Europe experienced a 3% growth, with minor declines of 2% and 3% reported in North America and MESA (Middle East and South Asia) respectively.

July Market Trends Stabilizing

Amidst various regional fluctuations, the air cargo market exhibited signs of stabilization throughout July. Global tonnage and rates for air cargo remained mostly unchanged in week 30. Average prices saw a modest uptick of only 1%, reaching $2.45 per kilogram, nearly mirroring figures from the same week last year.

Globally, spot rates averaged $2.66 per kilogram, again reflecting a 1% week-on-week increase but still down year-on-year by 1%. Africa experienced the most significant market shift, plummeting by 11% after a previous week where rates had spiked by 13%.

Year-on-Year Tonnage Gains

Comparatively, the chargeable weight globally for week 30 was 5% higher compared to 2024, led by notable increases in Asia Pacific (up 7% year-on-year), followed by Central & South America (up 5%) and Europe (up 3%).

In terms of pricing, the global average rate this year is 1% higher than the previous year’s figures. However, notable declines have been recorded for spot and contract rates originating from MESA—averaging an 11% drop, with spot pricing falling as much as 20% year-on-year.

Dôsledky pre logistiku

The recovery in air cargo volumes and the impact of fluctuating rates are crucial for logistics operations on a global scale. Each uptick or downturn can ripple through supply chains, affecting shipping times, costs, and overall customer satisfaction. Recognizing such trends allows logistics providers, including platforms like GetTransport.com, to adapt swiftly and offer tailored transportation solutions that encompass everything from office relocations to furniture deliveries and bulky item shipping.

Understanding the nuanced demands of varied markets helps logistics firms align their operations effectively with the needs of their clients, ensuring that services remain affordable and efficient.

Takeaways from Market Observations

As the air cargo sector stabilized throughout July and two distinct trends emerge—the rebound in US volumes and drops in European shipments—it is evident that market adaptability is key. Even as air freight recovery from temporary setbacks reflects resilience, personal experience, like testing the waters, proves invaluable when navigating these fluctuating logistics environments.

For shippers and businesses looking to optimize their delivery logistics without breaking the bank, using GetTransport.com means gaining access to a plethora of options tailored to individual needs at pocket-friendly prices. This serves to empower decision-making by offering transparent choices without unnecessary expenses or disappointments.

Consider leveraging the convenience, affordability, and extensive options provided by GetTransport.com for all your shipping needs including cargo transport, freight forwarding, and delivery services that effectively meet your logistics requirements. Book your cargo transportation with GetTransport.com dnes!