Carrier-forwarder capacity agreements may shift as new capacity may saturate the market, stakeholders say. “We see a lot of new capacity coming into the markets … and eventually, more [capacity] than there will be demand for going forward, especially if we enter recessions in parts of the world,” DSV Senior Director of Air and Sea
Malaysia is experiencing a slight reduction in demand like other parts of the region, but stakeholders are continuing to invest in cargo operations to service the area’s overall growth in airfreight activity. Malaysian exports specifically are still booming, Ong Chin Kian, director and co-founder of Malaysia-based forwarder Transcargo Worldwide, told Air Cargo World. The forwarder
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