{"id":12896,"date":"2025-06-11T13:06:41","date_gmt":"2025-06-11T13:06:41","guid":{"rendered":"https:\/\/axxessintl.com\/air-cargo-forwarders-weigh-risks-airlines-report-block-space-uptick\/"},"modified":"2025-06-11T13:07:02","modified_gmt":"2025-06-11T13:07:02","slug":"air-cargo-forwarders-weigh-risks-airlines-report-block-space-uptick","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/air-cargo-forwarders-weigh-risks-airlines-report-block-space-uptick\/","title":{"rendered":"Air Cargo Forwarders Weigh Risks, Airlines Report Block Space Uptick"},"content":{"rendered":"<p class=\"x_MsoNormal\"><span data-olk-copy-source=\"MessageBody\">Airlines have reported a renewed interest in block space agreements (BSAs) as forwarders prepare for a potential spike in airfreight rates later this year. While some in the industry remain cautious due to ongoing trade uncertainties, others are locking in rates now as a measure of security against price surges down the line.<\/span><!--more--><\/p>\n<p class=\"x_MsoNormal\">Many airfreight forwarders have been hesitant to commit to long-term BSAs due to fluctuating demand linked to trade tariffs. Brandon Fried, executive director of the Air Forwarders Association, explained that the temporary 90-day tariff pause has made forwarders wary as shifting policies make future demand unpredictable. \u201cI spoke to a couple of airlines, and they said people were willing to sign for 30 days, but not willing to make longer commitments. Because you don\u2019t know what\u2019s going to happen in 90 days \u2013 anything can come out of the White House right now,\u201d he said.<\/p>\n<p class=\"x_MsoNormal\">However, Richard Forson, CEO of Cargolux, shared a different view. Speaking at the Transport Logistic conference in Munich, he said Cargolux had seen strong BSA renewals under standard terms. Forson believes the COVID years and the ecommerce surge in 2024 taught forwarders the value of certainty.<\/p>\n<p class=\"x_MsoNormal\">Mark Drusch, Chief Cargo Officer at Qatar Airways, also sees a demand spike and subsequent rate hikes coming. However, Qatar Airways is not rushing into long-term deals either due to the global uncertainty. \u201cEverybody is worried. It\u2019s not just China-U.S. that\u2019s put a crimp on everything. And I think once it gets settled, you\u2019ll see everything go back, not to normal, because there\u2019s that pent-up demand that you\u2019ll have to satisfy,\u201d Drusch added.<\/p>\n<p class=\"x_MsoNormal\">Forson acknowledged that BSAs carry a risk for all parties. As he explained, both sides are betting on where the market will land at the end of the year.<\/p>\n<p class=\"x_MsoNormal\">Source:\u00a0<a title=\"https:\/\/theloadstar.com\/air-cargo-players-still-wary-of-long-term-block-space-deals-a-risk-on-both-sides\/\" href=\"https:\/\/theloadstar.com\/air-cargo-players-still-wary-of-long-term-block-space-deals-a-risk-on-both-sides\/\" data-auth=\"NotApplicable\">The Loadstar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airlines have reported a renewed interest in block space agreements (BSAs) as forwarders prepare for a potential spike in airfreight rates later this year. While some in the industry remain cautious due to ongoing trade uncertainties, others are locking in rates now as a measure of security against price surges down the line.<\/p>\n","protected":false},"author":15,"featured_media":12158,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1852],"types-de-nouvelles":[],"class_list":["post-12896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-air-forwarders-association-en"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/12896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=12896"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/12896\/revisions"}],"predecessor-version":[{"id":12897,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/12896\/revisions\/12897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/12158"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=12896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=12896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=12896"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=12896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}