IATA: cargo off to a robust start in 2018
All regions reported an increase in demand in January
"World Cargo Symposium" in Dallas, Texas, 13-15 March
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 8.0% in January 2018 compared to the year-earlier period. This was up from the 5.8% annual growth recorded in December 2017.
Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 4.2% year-on-year in January 2018.
The continued positive momentum in freight growth into 2018 reflects the fact that demand drivers for air cargo remain supportive. Global demand for manufacturing exports is buoyant and meeting this strong demand is leading to longer supply chain delivery times. Demand for air cargo may strengthen as a result, with companies seeking faster delivery times to make up for longer production times.
All regions reported an increase in demand in January 2018.
World Cargo Symposium
The positive start to the year will set an optimistic backdrop for the "World Cargo Symposium" which will gather the air cargo industry in Dallas, Texas, 13-15 March.
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