Posted on November 23, 2023

The air cargo volatility of the last few years is looking like it could end in 2024 with “classic seasonality” set to return. In its market outlook for 2024, a data provider predicts that air cargo volumes will rise by 1-2% next year, while supply is expected to increase at a higher level of 2-4%.

The low growth rate comes while muted consumer spending is expected to continue.

A chief airfreight officer said that the low growth and calmer market could be a chance for shippers to “catch their breath” after the volatility of the past few years.

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