we expect the peak season to be launched early in 2017, partly because of the release of new consumer electronics like the iPhone and Xbox that is scheduled in September this year. The traditional peak season in the fourth quarter is expected to be heavier than last years, with little available freight space and thus higher rates.
Demand for freight space is growing faster than has been the case in the last six years and the reasons for this greater demand for freight space are varied. Due to the global economic recovery and growth in consumer confidence, stocks are being increased. The enormous growth of eCommerce cargo strongly supports this.
In addition, oil prices rose again in 2016 after the substantial decline in the end of 2014. Fuel costs are thus higher for airlines, and some of them have again introduced a ‘Fuel Surcharge’ after the airlines switched to all-in rates 2 years ago. Most airlines still hold the 'all-in' formula yet, but eventually they will want to charge the higher fuel costs.
Business development manager