De minimis uncertainties affecting air freight
With our strong presence in the expedited international airfreight business, through our subsidiary Davies Turner Air Cargo, we note that changes to trade policy are shaking up the air cargo market.
New analysis by Freightos suggests the looming cancellation of de minimis eligibility for Chinese imports is expected to significantly reduce the surge of e-commerce goods arriving in the USA by air. It is generally felt that the high de minimis level has kept planes full and air cargo rates highly elevated since late 2023.
An article on the Asia Cargo News website says that whilst cancellation is on hold at present, it will be interesting to see what happens in due course. That article can be read in full here: https://asiacargonews.com/en/news/detail?id=10557
For more information about our global air freight forwarding and logistics services, please contact aircargo@daviesturner.co.uk or visit https://www.daviesturner.com/air-freight