Scan Global Logistics expects a slow but steady increase in airfreight volumes amid predictions that the Red Sea conflict could last months.
The logistics company said in a January 12 market update that there hasn’t been a drastic increase in airfreight volumes as a result of the impact of the Red Sea-Suez Canal conflict on ocean shipping supply chains, but there is a clear growth.
“While an uptick in volumes on the airfreight side has been visible, a tsunami-like volume surge has not been the case. It is though expected that this will gradually increase, considering that the challenges in the Red Sea by now are considered longer lasting,” said the company.
Read more in an article from Air Cargo News.