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Airfreight Insights

Read our Airfreight Insights to find out about the latest developments in the global air cargo industry. Get an update on trade and rate developments as well as flexible solutions offered by cargo-partner to deal with the current challenges.

From a global perspective, air freight rates remain stable at a low level. Comparing the first two weeks of 2023 with the last two weeks of 2022, global air freight tonnage decreased by 8%, with capacity increasing by 3%. Average rates have remained largely stable in the first half of January 2023.

Because of Chinese New Year, airlines have taken a more conservative approach and canceled most flights to and from China, especially those to Europe. Some backlogs have accumulated in China, limiting available capacity. Following the recent relaxation of COVID-19 regulations, restrictions on passenger traffic have largely been lifted, and passenger demand is expected to gradually increase in the coming months, which will have a strong impact on available capacity and rate levels.

 

Current market assessment from January 23, 2023:

Tradelane

Capacity

Rate

   
Europe - Asia

Capacity high

Rates down

Asia - Europe

Capacity high

Rates down

Europe - USA

Capacity high, rates down

Capacity middle, rates stable

USA - Europe

Capacity middle, rates stable

Capacity middle, rates stable

Asia - USA

Capacity high

Rates down

USA - Asia

Capacity low, rates stable

Capacity middle, rates stable



Legend: traffic lights showing current capacity status, arrow indicates possible development of transport rates.

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