DHL Specific has added a freighter flight from Vietnam, backed by booming commerce with the US and a “quick rising” semiconductor sector.
Operated by Kalitta Air, the devoted B777F will fly as soon as per week between Ho Chi Minh Metropolis, Sydney, Singapore and Nagoya, earlier than arriving on the integrator’s Cincinnati hub.
The brand new route is along with DHL’s A330 Ho Chi Minh-Hong Kong service, which flies six instances per week, and provides 102 tons per week for purchasers in Vietnam, a 27% enhance to over 940 tons of weekly whole gross payload.
DHL stated rising cargo demand from e-commerce gross sales was driving its revamped intra-Asia and intercontinental networks.
Commerce with the US, Vietnams’s lagest export market, can also be persevering with to spice up airfreight, with final yr’s exports growing 24.9% to $96bn. Asia Pacific CEO Ken Lee stated: “We proceed seeing sturdy specific logistics companies demand between intra-Asia and the US.
“With Vietnam’s continued rise as a producing hub for semiconductors, clothes equipment and supplies and electronics, we see an growing demand and we’re assured this extra flight will assist our prospects in rising their world footprint and getting into new markets.”
Certainly, DHL additionally singled out Vietnam’s fast-emerging semiconductor sector as “a serious a part of the nation’s thriving electronics business, which in 2020 amounted to about 44% of whole export quantity.”
However the pandemic was “particularly disruptive” for semiconductor provide chains, DHL famous, as a consequence of simultaneous manufacturing facility shutdowns in Asia, and surging demand for merchandise throughout lockdowns within the west.
It added: “Vietnam’s business-friendly authorities, increasing digital ecosystem, and fast-growing economic system have helped the sector appeal to main overseas gamers. Samsung, Qualcomm, SK Hynix and NXP Semiconductors are just some of the multinational firms which have constructed analysis centres and factories within the South-east Asian nation.
“These chipmakers have bolstered the nation’s logistics infrastructure, which in flip has made it extra interesting to different multinationals.”
In the meantime, a current snapshot of information from Accenture’s Seabury Consulting exhibits Vietnam’s air exports at file ranges, with volumes from November 83% larger than the identical month in 2019. Seabury stated this equated to round 60,000 tonnes of airfreight exports a month, pushed by vogue and hi-tech shipments.
Given Vietnam is because of reopen to worldwide tourism on 15 March, extra bellyhold capability is anticipated to ramp up all year long, and produce some much-needed aid to what has been a red-hot airfreight market.
For instance, in accordance with the TAC Index, present charges from Vietnam to Europe and the US are $9.34 and $12.27 per kg, respectively, up 82% and 78% yr on yr.