Shanghai/Pudong International Airport (PVG): Last week, Shanghai Pudong International Airport (PVG) detected five cases of new crown, involving Ethiopian Airlines, Shanghai Pudong International Airport Cargo Terminal Co., Ltd. and Shanghai International Airport Ground Service Co., Ltd. The epidemic is affecting flight operations throughout Air freight services airports, causing many flights to be grounded. Flexport is adjusting the routes of some charter flights to Hong Kong International Airport (HKG). Spaces are scarce and airlines will give priority to carrying smaller cargo. Compared with the trans-Pacific eastbound route the previous week, the transit time from Pudong International Airport will be extended by 5 to 7 days. Currently, there is a delay of 2 to 3 days for EU destinations.
Hong Kong, China: The market continues to pick up, and capacity continues to be tight, because the Shanghai epidemic and the situation of sea and air transportation will continue through September.
Taiwan, China: With the arrival of the peak season and the continued restriction of the shipping situation, the operation of air freight in Shanghai is increasing. Continuing the situation of the previous week, there is no change.
Vietnam: The lockdown has been extended to September 15 and the procedures have become stricter. More cases of COVID-19 have been detected at the Tan Son Nhat International Airport (SGN) terminal, resulting in limited transportation quotas and labor shortages. Some flights at the airport terminal are still operating, and cargo transfers from other locations to Tan Son Nhat International Airport are currently suspended. In addition, because Chinese carriers have cancelled flights, market supply has declined, and weekly prices have risen slightly.
So far this week, there has been no change/increase in cargo volume. Capacity can still meet the needs of the Transatlantic Eastbound (TAEB) market. The price is stable. Some factories will resume work next week (Italy/Portugal)
The eastbound route from Europe to the Far East was clearly interrupted. Due to the new crown incident at the ground handling cargo terminal of Shanghai Pudong International Airport, which caused operational problems, many Air freight services airlines have banned delivery of cargo to Shanghai Pudong International Airport. The cancellation time will be notified separately. If restrictive measures allow, cargo entering the surrounding airports is expected to increase, and then transported to Pudong International Airport via a slip road. Far East East (FEEB) prices may rise in the coming weeks
In response to the restrictions on trans-Pacific routes and the reduction in capacity caused by the new crown epidemic, some European carriers provide solutions for shipping to the United States through Europe and make more effective use of their shipping networks.
U.S. ground handling terminals are still congested, but if delivery time permits, secondary airports may be a viable option
It is recommended that all trade routes sent from the EU: book the goods at least 7 days in advance and be ready to get the ideal price and route plan
From July 1, 2021, 100% of all Air freight services exported from the United States must be inspected. The goods waiting to be sorted by the ground crew are still piled up in mountains. Many companies have implemented new, longer delivery times for export goods to allow for buffer time. These companies are still exploring the right pace of work.
U.S. export demand is still very stable, and the export capacity of U.S. airports faces partial constraints, but it is still controllable. It may take 2 to 4 days from booking to take-off for large quantities of goods sent from all export hubs in the United States to major destinations in Europe and Asia.
In terms of capacity, the most influential destination is Shanghai Pudong International Airport (PVG). Due to the emergence of new cases of the new crown, the operation of Shanghai Pudong International Airport has been partially suspended. The current situation in Shanghai may limit the capacity of other Asian air transport hubs (Hong Kong International Airport (HKG)/Incheon International Airport (ICN)/Taiwan Taoyuan International Airport (TPE)). Prices sent to North Asia are rising. The capacity to central Europe (Amsterdam International Airport (AMS)/Paris Charles de Gaulle Airport (CDG)/Frankfurt International Airport (FRA)) is restricted but the level is controllable.
The space for shipments to India has increased, but the space for shipments to Nepal, Bangladesh and Indonesia is still very tight. Because of the severe epidemic in these areas, there is a large amount of relief supplies waiting to arrive.
Los Angeles International Airport (LAX)/Chicago O’Hare International Airport (ORD)/New York Kennedy International Airport (JFK) faced a large cargo backlog and began to use off-airport facilities to deal with the influx of cargo. The delay period for ground crews to sort the cargo on inbound flights can be as high as 2 to 5 days. The earliest processing time for export goods is 2 days before flight departure.
Truck transportation resources are still in short supply, including airport transshipment, local pick-up and national delivery in the United States. The situation around large international import and export hubs is particularly serious.
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