Air cargo spot rates from Hong Kong have recently surged by about 20% due to a rush to ship goods into the US ahead of tariff announcements and the quarter-end. However, this increase appears to be stabilizing, with rates flattening out in recent days. Although the outbound rate index from Hong Kong rose by 1.2% week on week and 7.9% year on year, it remains lower compared to the significant spikes seen during similar periods last year, when e-commerce demand was rapidly increasing. The recent surge in rates has not led to capacity shortages, indicating a balanced market response amid evolving tariff dynamics.
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EXTRANS GLOBAL - Weekly Logistics Operation Update - Week 12 -2025
📌Weekly Logistics Highlights:
The news highlights this week include:Air freight rates in Hong Kong have surged due to changes in tariffs but are stabilizing. Exports from Shenzhen have plummeted by 16.6% due to geopolitical tensions and trade wars. T’Way Airlines has upgraded its route from Seoul to Zagreb, and CMA CGM Group has announced a $20 billion investment to transform the U.S. maritime economy and supply chain...
Hong Kong, China
🔹Air Cargo Rates from Hong Kong Surge Amid Tariff Changes but Stabilize
Shenzhen, China
🔹Shenzhen Exports Plummet 16.6% Amid Geopolitical Tensions and Trade War Effects
Guangzhou, China
🔹SF Airlines Expands Fleet to 90 Freighters, Achieving Historic Cargo Milestone
SF Airlines, China's largest air cargo carrier, has expanded its fleet to 90 freighters, including a new B767-300BCF widebody jet, enhancing its global service capacity. Over 30% of its fleet now consists of widebody jets, which are crucial for its extensive route network reaching over 100 destinations. In 2024, the airline surpassed one million tons of annual cargo volume for the first time, marking a significant milestone in its growth.
Shanghai, China
🔹Strengthening Sustainable Shipping: California and Shanghai Reinforce Commitment to Green Shipping Corridor
Tianjin, China
🔹YuHu Cold Chain Launches Major Trading Center in Tianjin to Revolutionize Food Distribution
Qingdao, China
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Vietnam
🔹Dong Nai Cold Chain Logistics Centre Set to Enhance Logistics for South Korean SMEs in Vietnam
The Dong Nai Cold Chain Logistics Centre, covering 5.5 hectares with over 2.6 hectares of usable space, is set to begin full operations in May 2026. It will provide comprehensive logistics services, including storage and delivery for various products, particularly fresh foods. This facility aims to enhance logistics capabilities in Vietnam and support the expansion of South Korean SMEs, following a partnership between LOTTE Global Logistics and Korea Ocean Business Corporation. Additionally, it plans to collaborate with the Korea Trade-Investment Promotion Agency to assist South Korean companies with local logistics challenges.
South Korea
🔹T’Way Air Upgrades Seoul-Zagreb Route to Nonstop Service with Capacity Reductions
South Korean low-cost carrier T’Way Air is updating its seasonal service between Seoul and Zagreb by operating nonstop flights, eliminating the previous technical stop in Bishkek, Kyrgyzstan. This change is made possible by using the longer-range Airbus A330-200 instead of the A330-300, though it results in a significant reduction in capacity, with over 100 fewer seats per flight. During the 2025 summer season, capacity on the Zagreb route will be cut by 12,322 seats compared to initial plans. T’Way Air will operate a one-off flight on April 25 and resume regular services three times a week from June 10 to October 25, with A330-200 aircraft leased from Korean Air.
America
🔹CMA CGM Group Announces $20 Billion Investment to Transform U.S. Maritime Economy and Supply Chain
CMA CGM Group has announced a $20 billion investment over the next four years to enhance the U.S. maritime economy and transform the domestic supply chain. This initiative includes expanding the U.S.-flagged fleet, developing key container ports, establishing a significant air cargo hub in Chicago, and creating 10,000 new jobs. The investment aims to improve logistics infrastructure, digital connectivity, and safety while fostering innovation through a new logistics R&D hub in Boston focused on advanced robotics and automation.
Bangladesh
🔹Patenga Container Terminal Begins Import Operations, Aiming to Alleviate Congestion at Chattogram Port
The Patenga Container Terminal (PCT) at Chattogram Port, operated by Red Sea Gateway Terminal International, has begun handling import cargo containers, with full operations expected to start by April. The terminal aims to alleviate container congestion by integrating import handling with existing export and empty container services. Since its opening, PCT has seen an average of five ships per month, and the handling charges for import and export containers have been set, effective April 1. The terminal is equipped to handle 450,000 TEU containers annually, significantly boosting the port's capacity.
Myanmar
🔹Launch of New Multimodal Transport Route from Chongqing to Mandalay Enhances Logistics Efficiency
On March 5, a bus loaded with automotive products departed from Chongqing and is expected to arrive in Mandalay, Myanmar, after 15 days of road and water transport. This marks the test launch of the new multimodal transport route "Chongqing—Yunnan Guanlei Port—Mandalay, Myanmar," aimed at enhancing logistics efficiency between China and Myanmar, while providing customers with more diverse and cost-effective options. As trade between Chongqing and ASEAN grows, this new route will further strengthen the transportation network and promote the export of Chinese manufacturing.
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