Topic “In the News News” — Exporter Magazine

The Association of Asia Pacific Airlines says passenger and cargo traffic volumes are close to returning to levels last achieved before the recession began to hit hard in mid-2008. Careful management of capacity has also helped improve airline assets. DHL expects airfreight demand from Asia to pick up this year with China leading the demand. Global imbalance of supply and demand will continue into Q2 and Q3, so capacity is likely to stay tight. Hapag-Lloyd will implement a general rate increase for cargo moving on its services from the Indian Subcontinent and Southeast Asia to New Zealand. Effective May 1, the planned increase will be US$300 (NZ$421) per 20-foot equivalent unit.