BOSTON – Transit times from Asia are leveling as the region is reporting typical, slow market conditions characterized by adequate space to meet demand and stable rates, says Trans Global Logistics in a recent update. Airfreight demand in May will pick up, the logistics provider said.
 
Southeast Asia experienced strong demand for airlift late last month; transit times were longer because of congestion at regional air hubs. A number of carriers have imposed fuel surcharge increases, and TGL expect more increases this month.
 
While May demand will rise, adequate capacity should keep transit times and rates in line. The weeklong Labor Day Golden Week holiday starts May 1. Factories close for the week and, as a result, the company expects a surge of air shipments before the holiday.