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July 2024 marks sixth consecutive month of air cargo rate increase


Will air cargo's tailwinds hold out into peak season, as July marks a ...

... July marks a sixth consecutive month of rates increase ... air cargo rates, as Xeneta highlighted last month. “For the air cargo market ...

Air Cargo Market Analysis July 2024 - IATA

The air cargo industry experienced a demand increase of 13.6% YoY in July (Chart 1), delivering the eighth straight month of double-digit growth. This expansion ...

Air cargo demand grows by double digits for 6th month

The global air cargo market showed double-digit growth in demand for the sixth consecutive month in May. Total demand, measured in cargo tonne kilometers ...

STAT Times on X: "Global average air cargo spot rates reached ...

Global average air cargo spot rates reached USD 2.66 per kg in July, +20% higher year-on-year. @joinxeneta #xeneta #XenetaAnalysis ...

Strong Air Cargo Demand Growth Extends into July - IATA

Geneva - The International Air Transport Association (IATA) released data for July 2024 global air cargo markets showing continuing strong ...

Air cargo demand and rates hit new high - Inside Logisitics

The global air cargo market is heading towards a “hot Q4” of rate increases after a sixth straight month of double-digit growth in June.

Air freight: a very dynamic first half of 2024 - Market Insights

In June, global air cargo traffic grew 14.1% year-on-year and 0.9% month-on-month, according to figures from the International Air Transport ...

Freight Market Update: July 31st, 2024 - Explorate

North American carriers saw 9.5% year-on-year demand growth for air cargo in June — the weakest among all regions. Demand on the North America- ...

The Xeneta Newsfeed

UPDATE: Will air cargo's tailwinds hold out into peak season, as July marks a sixth consecutive month of rates increase? Thursday, 1 August 2024. Xeneta ...

the next step in digitalization for the air cargo industry - CargoWise

According to data released for May 2024 by the International Air Transport Association (IATA), total cargo tonne-kilometres (CTKs) has risen by ...

International Air Transport Association (IATA) on LinkedIn

Air cargo demand showed strong annual growth in the first half of 2024, exceeding H1 volumes from the prior three years, including a record- ...

International Air Transport Association (IATA) Unveils Spectacular ...

Overall demand, as measured in cargo tonne-kilometers (CTKs*), increased by 13.6% compared to July 2023 (14.3% for international operations).

Air cargo demand rises in 2024 | Sourcing Journal posted on the topic

Air cargo demand has held up consistently strong in the first half of 2024, increasing 13.4 percent compared to the first six months of 2023 ...

July 2024 Logistics Manager's Index Report® LMI® at 56.5

Transportation Capacity did expand slightly at 50.9 which is up (+0.9) from June's reading of no change. Transportation Prices read in 12.9 ...

Global air cargo volumes rise in June, signaling potentially “Hot Q4

... air cargo volumes experienced double-digit growth for a sixth consecutive month ... 2024, with cost pressures keeping contract rates flat ...

Air freight: the recovery phase continues - Market Insights - Upply

Global air cargo traffic has been on an upward trajectory for the past 6 months, with a further year-on-year increase of 14.7% in May.

SUPPLY CHAIN MARKET PULSE 2 3 1 - AlixPartners

Global air freight spot rate increased to $2.66/kg, a 20% increase year-over-year, marking six consecutive months of YoY rate increases. AIR ...

Air cargo resurgence unhindered by July global IT outage

Although the crisis caused rates to spike to their highest level this year, demand still increased 13% year over year during the month.

Freight Market Update: August 2024 - C.H. Robinson

Spot freight rates have increased by as much as 20%. Once normal Suez Canal transits can resume, overcapacity will re-assert itself in the ...

July 2024 U.S. Container Imports Break 2.5M TEUs

Despite the increased volume in July, port transit time delays showed little impact with largely negligible improvement or decline. July 2024 volumes increased ...