Air cargo capacity set to come under pressure in 2025
Writing on the Freightwaves website, Eric Kulisch reports that air cargo volume growth will be halved in 2025, but it will still be a good year for carriers behind continued ocean shipping delays, tight freighter capacity and strength in cross-border e-commerce, the International Air Transport Association forecast.
With our strong presence in the expedited international airfreight business, through our subsidiary Davies Turner Air Cargo, we note that the report suggests cargo volumes are expected to reach 80 million tons, a 5.8% increase from 2024, the trade association said.
Cargo demand this year has grown year over year between 10% and 13%, depending on whether it is measured by traffic (cargo ton kilometers) or tons, with the consensus growth rate at 12%. Volumes during the third quarter were second only to the fourth quarter of 2021, when the coronavirus pandemic supercharged airfreight shipping.
The complete article can be read here: https://www.freightwaves.com/news/growth-in-air-cargo-demand-to-decelerate-in-2025-iata-says?oly_enc_id=2359H2956723J0G
For more information about our global air freight forwarding and logistics services, please contact aircargo@daviesturner.co.uk or visit https://www.daviesturner.com/air-freight
Air cargo capacity set to come under pressure in 2025
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