Hanjin Crisis Spikes Air Shipments, But Not on Global Scale
By: Air Cargo World 10.11.2016
Amidst shockwaves emanating from last month's news of the bankruptcy filing of Hanjin Shipping came speculation of a potential silver lining for air cargo carriers. Would the scramble for cargo originally booked on Hanjin vessels provide a windfall for airlines, with a surge in demand to drive up rates and yields?
Other than a few notable instances where Hanjin cargo was stranded at sea, requiring emergency air shipments, such a spike in traffic has yet to materialize on a global scale.