Air cargo demand growth slowed in September but there is an expectation that US port strikes will put extra pressure on an already busy market.
The latest figures from data provider Xeneta show that air cargo demand increased by 9% year on year in September, a strong performance but down on the double-digit percentage increases recorded across the preceding 10 months.
Meanwhile, capacity increased by 3% – its lowest level of the year – and the dynamic load factor improved by three percentage points to 60%. Average airfreight rates were up 26% year on year to $2.71 per kg.
