News / Flying start to the year as airfreight benefits from shipping delays

Airplane plane takes off behind stack of cardboard boxes and stand with red up arrow. concept of air cargo and parcels, airmail. Fast delivery of goods and products. Cargo aircraft. Logistics,

07/03/2024

Air cargo has continued its strong start to 2024, with volumes and rates cruising at high altitude even after Chinese New Year (CNY).

In its recent Analysis, Xeneta reported that February offered a second consecutive month of double-digit growth in demand, and an uptick in general freight spot rates.

“Following January’s 11% growth in volumes, February saw a similarly welcome upward curve for airlines and freight forwarders, with demand increasing 11% year over year,” it said.

According to Xeneta, the ...