Shippers are scrambling for air freight capacity amid tightening restrictions in China and severe port congestion in Bangladesh – leading to a backlog ahead of the peak season.
One source told The Loadstar the market could “collapse” if the situation went unchanged, the next two weeks pivotal as the major retailers find themselves “hoovering-up capacity” to get their autumn/winter ranges to market, leaving smaller firms floundering.
“Inditex is chartering with Emirates frequently; …
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Source: The Loadstar