Unique Logistics International Inc (UNQL)

[Chenteddybear]

During the coronavirus pandemic, large logistics providers have dealt with insufficient air cargo capacity, leasing entire aircraft to crews to ensure they can meet customers' transportation requirements. Not to be outdone, New York-based Unique Logistics International has been one of the most aggressive mid-sized freight forwarders when it comes to locking in capacity, with more than 150 cargo flights from Asia in the second half of the year.



From 13 June 2021, Qatar Airways will operate twice-weekly flights from Singapore to Pittsburgh International Airport using Boeing 777-300 passenger and freighter aircraft for unique logistics that, in addition to heavy cargo in the hold, will Remove seats and transport lightweight boxes stacked on the cabin floor.



Unique Logistics (OTCMKTS:UNQL) also chartered 44 flights from Cathay Pacific to operate twice a week, from Hanoi, Vietnam, through Hong Kong from the end of December, Marc Schlossberg, executive vice president of air cargo and sales, told American Shippers . Cathay Pacific will also use 777 small cargo ships capable of ground loading.



Other capacity arrangements are still being finalized, he added.



"Decreased capacity, coupled with a surge in demand from a strong U.S. economy, has resulted in Unique Logistics chartering significantly more aircraft than in previous years to serve our customers," Schlossberg said in an email.



Demand is expected to increase further in the months leading up to the holiday as retailers stock up on merchandise.