A positively changing environment has encouraged traders to export to Pakistan
Trade expansion among nations due to multiple reasons has engaged freight forwarders more than ever before. Cargo to Pakistan from UK is also on the rise. Direct cargo flights to this destination are not in plenty so most of the cargo traffic takes to indirect routes.
One of the leading UK airlines has announced to resume its flight operations for Pakistan that would increase options for air freight forwarders to deliver consignments in the least possible time.
Things are getting better and that has encouraged traders to come forward and find out their way to consolidate their position in a very vibrant market of more than two hundred million people.
At the same time, some Middle East based leading airlines are also adding new cargo destinations in its list for the United Kingdom. That clearly shows there is a business that has been booming so very many important companies involved in international goods’ transport can see smart moves.
Pakistan is a favorable destination of UK goods
No more hassle-free movement of goods between UK and rest of EU has certain kind of pressure on policymakers of the country. That is why they have been maneuvering to finalize trade agreements with nations all around the world, so that country exports remain at present level and smooth too.
Countries with bigger populations and dominating young numbers usually have the better scope as they respond to foreign products positively. Pakistan has quite similar circumstances and after getting rid of instability leading manufacturers, which have been considering it a possible destination for their goods.
Infrastructure at ports has been developing to coop with growing need of imports of the country.
Fuel price hike and new cargo destinations
Major international trade hub for air freight in London as more than half of total air cargo has been witnessed to and from London. However, to ease pressure on this city now cargo wings of airlines have been focusing on other airports as well.
Expansion of Heathrow may get approval from British parliament in coming days but it would take years to complete so the best answer to facilitate growing needs is to shift traffic to other parts.
New trade agreements with countries like Pakistan surely make things smoother and cargo would deliver in lesser time. Another concerning matter is fuel price hike that may harm the progress seen in recent years. With this, rates would increase and clients would become hesitant to use this means.
Tariffs may hurt cargo industry
The recent exchange of broiling statements about trade tariffs and imposition of them by the US may also become a hindrance as well in cargo activity.
Expensive imported goods would have lesser buyers so diminishing effect on trade between the two top markets of the world. However, at the same time, US president that may give a hope to cargo industry has suggested the complete abolition of tariffs.
So at present, a mixed picture for the industry at large and in near future this would become more lucid as countries would find other markets and cargo traffic moves to new destinations.