The air cargo industry is experiencing a notable shift in dynamics, with general cargo outpacing the growth of specialized products in the first half of 2024. This trend, as reported by Logistics Insider, is attributed to the booming e-commerce sector and ongoing disruptions in container shipping.
Data from WorldACD, a leading provider of air cargo market intelligence, reveals a surge of 13% in general cargo volumes during the first five months of 2024. This growth is likely fueled by the increasing reliance on passenger aircraft belly capacity for cargo transport. This practice gained prominence during the COVID-19 pandemic and remains a crucial aspect of the air cargo industry.
The article suggests that the trend of rising general cargo volumes is likely to continue in the coming months. This is due to the combined effect of e-commerce expansion and the challenges faced by container shipping, which continue to strain traditional cargo movement methods. The dynamic interplay between these factors will continue to shape the air cargo industry landscape.
Source: Logistics Insider