As the Lunar New Year approaches, the logistics and air cargo industries are undergoing a major shift. According to the situation of previous years, after the New Year's Day, some factories and logistics began to have a holiday, resulting in a slowdown in production and transportation activities. This year's trend is no exception, and as a result, air freight rates have started to fall.
As the holiday season approaches, many factories begin to close, which directly affects the supply of goods for export. As production stops, there is usually less demand for air cargo services, resulting in a natural decline in freight rates. Currently, air freight to DDP (duty paid delivery) addresses is reported to cost around 20-30 yuan per kg, making it a more economical option for businesses seeking to transport goods during this transition period.
There are several reasons for the decline in air cargo prices. First, factory closures have reduced demand for transportation services, forcing airlines to adjust their pricing strategies to attract customers. In addition, a large influx of cargo ahead of the holiday peak led to a temporary oversupply of air cargo capacity, further depressing prices.
For businesses that rely on timely delivery, this is a good time to take advantage of lower air freight rates. Planning ahead is crucial, because the annual holiday of factories and foreign trade companies will basically be about 1 month, and the production of good goods before the year is actually sent to ensure the delivery cycle.
As the Lunar New Year approaches and factories prepare for the holidays, air cargo prices are starting to fall. Foreign trade companies should seize this opportunity to optimize transportation strategies and effectively manage costs before the market shifts again.
