Freighters seek air cargo back-up amid Red Sea shipping crisis

SEOUL, Jan 17 (Reuters) – More manufacturers are seeking to fly their products in the next few weeks as attacks on Red Sea shipping force them to find alternate routes, logistics firms say, a potential boon for a sector dealing with muted post-pandemic demand and overcapacity. The Red Sea, which leads to the Suez canal, lies on the key east-west trade route from Asia’s manufacturing hubs to Europe and onto the east coast of the Americas. About 12% of world shipping traffic accesses the Suez Canal via its waters. But more than two months of attacks by Yemen’s Houthi militia on ships in the region have affected companies and alarmed major powers in an escalation of Israel’s war with Palestinian…