Recently DHL/UPS/FedEx warehouse overloaded and the price for express by air rose up to 70￥/KG sharply.
We received the price increase notice from the DHL forwarder that the price will keep rising in the following weeks. Some foreign salesperson said: “It is incredible that now DHL/UPS/FedEx expresses are overloaded and April was the traditional off-season for foreign sale.”
As DHL/UPS/FedEx flights were chartered by APPLE other companies for carrying cargoes & vaccines which were part of the reasons for the surge in demand for airfreight. It takes several days for shipping.
Shippers are yet again forced to shell out higher prices. Decreased capacity and higher rates have been a staple, causing fluctuating prices in air cargo especially and in order to secure space, shippers have paid higher rates and additional surcharges.
Some freight forwarders informed that APPLE company will charter goods and ship out from Shanghai, Kunshan, Zhengzhou, Shenzhen, Chengdu by Air from 20 April to 20 May, which will cause freight rates to continue to rise during this period. Considering the shipment days have been extended and a public holiday (Labor day 01 May – 05 May 2021 ) is coming in China, please arrange your goods in advance to avoid any delay.