The prospect of sustained capacity shortages, as bellyhold capacity recovers slower than anticipated, is prompting forwarders to sign freighter deals.
At the beginning of the year, Flexport replaced a dedicated freighter agreement with block space deals with several carriers; now, a dedicated cargo flight is a possibility again.
“We’re considering any path that allows for sufficient capacity,” said Neel Jones Shah, global head of airfreight.
“Reduced passenger traffic means Flexport will have to ...
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