The looming peak season for airfreight, which should roar to life after the hiatus of the Golden Week holiday in China, looks set to limp along, more or less at the pace of recent months.

Forwarders report no significant rise in activity among cargo owners and no sign of a volume surge, let alone capacity challenges or peak season surcharges.

"This peak season doesn't seem too peak," quipped Bob Imbriani, SVP international of Team Worldwide. "We haven't seen a significant increase in activity and volumes."

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