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Europe’s air cargo market grows strongly in 2024

According to an analysis by WorldACD Market Data, the Europe region recorded significant growth in 2024 for both inbound and

Softening growth in tonnages and rates

Worldwide air cargo finished the year at its lowest year-on-year full-month growth, with global tonnages in December around +6% higher

Tonnages and rates begin dropping after strong Q4 peak

Air cargo’s strong seasonal fourth quarter (Q4) appears to have peaked, with tonnages and rates dropping slightly in the second

Asia Pacific spot rates continue rising into December

Global air cargo average spot rates rose by a further +4 percent in the first full week of December to

Asia Pacific spot rates continue rising into December

Global air cargo average spot rates rose by a further +4% in the first full week of December to a

Air cargo rates rise to a 2024 high

Worldwide air cargo rates rose to a 2024 high in November of US$2.76 per kilo, despite a slight (-2 percent)

Asia Pacific generating more than 50 percent of worldwide air cargo growth

The region’s manufacturing dominance continues to power global tonnage increases, contributing 56% of the global +12% year-on-year increase in tonnages

Rates spike from Europe to Americas lifts global prices

A sharp rise in air cargo spot rates from Europe origins, particularly to the Americas, has helped to further drive

Spot rates rise further as peak season builds

According to the latest weekly figures and analysis from WorldACD Market Data, average global spot rates recorded a further +5

Continued air cargo growth

In the first half of 2024, outbound air cargo increased by +8 percent compared to the first half of 2023.

Hong Kong to Europe tonnages continue to build

Air cargo tonnages from China to Europe have broadly recovered to their levels prior to China’s Golden Week holiday at

China-USA tonnages remain depressed after Golden Week

Worldwide and Asia Pacific air cargo tonnages have only partially recovered from the effects of China’s Golden Week holiday in

Europe and Americas record air cargo sales declines in 2024

Analysis of air cargo rates and tonnage figures this year highlights a contrasting regional ‘sales’ experience in 2024 for carriers

GSSAs commercialise airfreight capacity

According to market data provider for air cargo operations, WorldACD, General Sales Agents (GSAs) account for a significant 25% of

GSSAs assist airlines in high-cost, emerging markets

Airlines in high-cost or emerging markets relying heavily on GSSAs for local expertise, while airlines in developed regions often manage

Rates rise to 2024 high despite tonnage dip

Global air cargo spot rates rose to new 2024 highs in the first few days of October despite a dip

Rates and demand rise further in September as strong peak looms

Worldwide air cargo rates and tonnages edged up further in the final full week of September and the month as

Autumn festivals cause mid-September dip in tonnages

Global air cargo tonnages dipped by around -3% in week 38 (16-22 September), week on week (WoW), with the declines

Agility allows GSSAs to thrive

Throughout 2024, while Global Sales and Service Agents (GSSA) and airfreight industry have seen capacity on the rise, demand is

Bangladesh and Japan spot rates soar as disruptions persist

Soaring air cargo spot rates from Bangladesh and Japan and a surge in tonnages from Dubai have further boosted an

Bangladesh backlog eases but delays still expected

In recent weeks, the Bangladesh air cargo sector has faced significant disruptions due to political instability and widespread protests. While

Japan typhoon and European holidays cause mid-August tonnage drop

Flight cancellations caused by a typhoon in Northeast Asia and national holidays in several European countries have led to a

Rates hold firm while tonnages weaken slightly

Average worldwide air cargo tonnages slipped -1 percent in the first full week of August, compared with the previous week,

Strong demand from e-commerce drives growth

Average worldwide air cargo rates and tonnages in July were up by +12 percent, year on year (YoY), driven by

Africa’s air cargo traffic continues to grow

Based on analysis by WorldACD Market Data, outbound air cargo from Africa increased 8 percent in the first half of

AIR CARGO WEEK WORLD AIR CARGO AWARDS 2024: WINNERS

Making a spectacular comeback after a six-year break, the Air Cargo Week’s World Air Cargo Awards (WACA) took centre stage

Rate surge continues throughout May from Middle East and South Asia

Air cargo rates from Middle East and South Asia (MESA) continued to surge throughout May, with spot rates from MESA

Inside China’s cargo market

In 2023, air cargo volumes (chargeable weight) from China have increased by 5 percent compared to 2019. On the other

Asia Pacific tonnages partially rebound following Labour Day dip

Air cargo demand from Asia Pacific origin points partially rebounded in week 19 from the dip in tonnages around Labour

Tonnage surge continues from Central and South America

Air cargo tonnages from Central & South America (CSA) continued to surge in the final full week of April, as

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