No summer siesta for airfreight
Traditionally, air cargo spot rates tend to decline or remain flat at best during H1, ...
The air cargo results keep pouring in – and if you are an airline, they are good. IATA today released its six-month figures showing it was the best first half-year since 2010.
Global freight tonne km (FTKs) rose 10.4%, year-on-year, with carriers from Asia Pacific and Europe accounting for some 65% of the increase. June FTKs slowed slightly from May, to 11% down from 12.7%, but remained higher than the five-year average pace of 3.9%.
IATA warned that “the best of the cyclical upturn in air freight may now have passed” – but adds that it expects robust year-on-year growth in FTKs for the whole year. And its current forecast of 7.5% could even be pessimistic, it noted. You can see all the figures, global and regional, here.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article