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Panalpina warns of air freight peak season

In 2017, Panalpina warned of the impending peak-season capacity crunch, pre-procured extra flights to operate regular charters across the globe, and advised partners and customers to make changes in their preparations and RFQs so that they could meet their transportation needs.

They closed the year having transported 995,900 tons of air freight, the highest volume in the company’s history.

This year, they have taken similar steps early on to secure air freight capacity for customers.

Air freight rates remain around 15-20% higher than in 2017, and there will be further increases as we inch towards Q4 (the increases vary by trade lane).

Read more at the Panalpina blog.