News
Air cargo momentum sustained by e-commerce as shippers shift from ocean transport impacted by Middle East conflict
May 17th 2024
Global airfreight volumes did not subside after the February Lunar New Year holiday as many industry professionals had anticipated. Read More » They are still robust, FreightWaves reports. The primary catalysts for the strong demand are Asian exporters shifting modes because of slower ocean transits around the Red Sea conflict zone and robust bookings from Chinese e-commerce platforms filling orders in Europe and North America. Air cargo demand grew 11% over April 2023 and the momentum has continued into early May with volumes up 12%, latest data from WorldACD and Xeneta shows.
