November Peak Season Air Freight Demand Up 8.8%
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), climbed 8.8% in November 2017 compared to the year-earlier period. This was an increase from the 5.8% annual growth recorded in October 2017. Despite indicators pointing to air cargo having passed a cyclical […]
Air Freight Up 5.9% in October; Signals Strong Start to Q4
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 5.9% in October 2017 compared to the year-earlier period. This was a slowdown from the 9.2% annual growth recorded in September 2017 but still exceeded the average annual growth rate of 3.2% […]
September Air Freight Demand Slows Slightly but Still Up 9.2%
The International Air Transport Association (IATA) released data for global air freight markets in September 2017 showing that demand (measured in freight tonne kilometers or FTKs), rose 9.2% compared to the same month in 2016. This was the slowest pace of growth seen in five months. However, it was still significantly higher than the five-year […]
Air freight rates continue to climb, with a strong peak season on the radar
Air freight rates are continuing their climb, with the sector enjoying back-to-back monthly increases and year-on-year growth. In Drewry"™s latest East-West Airfreight Price Index, rates were up 1.9% in July, compared with June, and up around 1.5% against July 2016. "In anticipation of a strong peak season, several forwarders have upped their capacity allocations out […]
Global Air Freight Demand Increases 13% in May
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five year […]
Outlook for air freight, still healthy, according to IATA
The outlook for air freight is still healthy, according to IATA. It feels slightly old now, but the airline association has published its air cargo stats for the three months ending April. And yes, the news has been good for air freight "“ unless, of course, you are a shipper. Cargo yields were up 4.5%, […]
Weak March Air Freight Volumes Point to Another Difficult Year
The International Air Transport Association (IATA) released demand growth data for global air freight markets for March 2016 showing a 2.0% drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year. In contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9%, putting increased pressure […]
IATA: Air Freight Growth Slowed to 2.2% in 2015
The International Air Transport Association (IATA) released figures for global air freight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2% in 2015 compared to 2014. This was a slower pace of growth than the 5.0% growth recorded in 2014. The weakness reflects sluggish trade growth in Europe and Asia-Pacific. After a […]
Decline in Air Freight Volumes Bottoms Out
The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes (measured in Freight Tonne Kilometers) were down 1.2% in November 2015, compared to November 2014. Total cargo volumes, however, expanded compared to October 2015, and were higher than the low point in August. This indicates that the decline […]
Cargo Continues to Flat-line
The International Air Transport Association (IATA) released data for global air freight markets showing that air cargo volumes measured by freight tonne kilometers rose just 0.5% in October compared to a year ago. Year-over-year expansion fell back from September"™s faster growth rate, and total cargo volumes in October stand 1.1% lower than the peak of […]
