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Global Air Freight Growth 2018

The International Air Transport Association (IATA) have now released demand growth results for global air freight markets for February 2018. Figures show a 6.8% increase in demand measured in freight tonne kilometres (FTK) compared to the same period last year. Considering air freight seen in January 2018, the start of the year has seen the strongest growth since 2015.

Available freight tonne kilometres (AFTK), which measures freight capacity, also grew by 5.5% year-on-year in February 2018. Demand was greater than capacity growth for the 19th consecutive month. Whilst this is a positive sign for airline yields, it may act as an upward force on air freight rates.

The continued growth in demand for air cargo is consistent with strong global trade performance. However, escalation of protectionist measures seen in the US and subsequent response from China could impact this positive upward trend.

The above information has been sourced from Air Freight Market Analysis, February 2018. 

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Attracting overseas investors.✅
Reducing import costs.✅
Tapping into overseas markets.✅
These are some of the benefits of Free Trade Agreements. Find out more about Australias FTAs here: https://www.icecargo.com.au/free-trade-agreements-australia/

Buyer’s consolidation is a method of shipping freight from a point of origin to an end destination by grouping your shipments together into one larger shipment. By consolidating a number of shipments, you may be able to save on shipping costs and reduce the risk of damage to your freight.
Find out more: bit.ly/39HW00c
... See MoreSee Less

Buyer’s consolidation is a method of shipping freight from a point of origin to an end destination by grouping your shipments together into one larger shipment. By consolidating a number of shipments, you may be able to save on shipping costs and reduce the risk of damage to your freight.
Find out more: http://bit.ly/39HW00c

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