Airfreight Market Update: Bangladesh
Air cargo volumes have been building at Dhaka over the last week as a result of the embargo on direct air cargo and increased security procedures implemented. Freight rates continue to increase, whilst the situation is expected to deteriorate further with demand outstripping capacity as carriers continue to remove scheduled freighters and downgrade passenger aircraft.
To combat increasing freight rates and congestion at Dhaka Airport Cargo Terminal, ACS has re-introduced our short sea Eco-Air service from Chittagong via Singapore to London.
Currently departing 4 times per week, the typical transit from Chittagong though Singapore to London is just 9 days, excluding CFS cut off in Bangladesh and UK arrival procedures.
With backlogs at Dhaka airport of up to 4 days, ACS Eco-Air product provides an ideal solution for time sensitive shipments. For time critical shipments ACS can also provide access to air cargo carriers Priority Products, however please seek guidance from your ACS Customer Service team if urgent uplift and arrival is required.
ACS continues to manage our clients business during this time, leveraging our carrier relationships and implementing innovative multi-modal solutions to keep trade moving.