The growth of ‘general cargo’ air freight tonnages is outpacing that of ‘special cargo’ products so far in 2024, new analysis from WorldACD Market Data has revealed. This has reversed a trend in recent years in which demand from air cargo shipments requiring special handling and shipping, has broadly outperformed general cargo. Analysis of the first five months of 2024 by WorldACD, based on the more than 2 million monthly transactions recorded via its database, indicates that total worldwide chargeable weight from January to May 2024 was up 12 per cent compared with the equivalent period last year, with general cargo demand up by 13 per cent, year-on-year, and special cargo growth trailing at 10 per cent. This contrasts with findings late last year by WorldACD that in the first eight months of 2023, general cargo tonnages fell by 12 per cent YoY, while tonnages of special cargo products as a whole grew by 3 per cent, on a worldwide basis, at a time when the market as a whole was down by 7 per cent YoY.
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