With our strong presence in the expedited international airfreight sector, the U-Freight Group notes that IATA reports that air cargo demand returned to growth in April after recording a decline in March due to the Middle East conflict.
The latest statistics from IATA show that in April, air cargo traffic in cargo tonne km terms increased by 4% year on year, while capacity was down by 0.4% and the cargo load factor improved by 1.9 percentage points on last year to 46%.
The demand increase follows a 4.8% fall in cargo traffic in March caused by the Middle East conflict.
IATA director general Willie Walsh said: “This positive news masks a more complex operating environment. Severe disruption at major Gulf hubs due to the war in the Middle East continued to reshape trade routes and constrain capacity on key corridors.
“With dedicated freighters carrying much of the growth, air cargo is once again keeping supply chains moving amid trade disruptions.
“The coming months will test how well the sector can absorb continued geopolitical uncertainty and elevated operating costs.” For more information about the U-Freight Group’s global air freight forwarding and logistics services, or our e-commerce logistics operations, please visit the relevant pages of this website or contact your local office, details of which can be seen here: https://ufreight.com/locations
