Cargo Breaking News
According to latest data by WorldACD, the air cargo market was stable in terms of tonnage on a worldwide level in the week ending Sunday, May 25 (week 21), compared to the previous week. Although the week-on-week worldwide figure remained flat, demand was 6% higher than last year, with the largest absolute volume growth in the Asia Pacific region. Thanks to the strong increase in week 20, the last two weeks taken together were up with a high single digit (+7%) compared to the two weeks before combined (2Wo2W), according to the latest data from WorldACD.
Zooming in on origin regions, different regional dynamics reveal a more nuanced picture in the last two weeks. Compared with the previous two weeks combined, the most buoyant region-to-region markets were Asia Pacific to North America (+19%) and North America to Asia Pacific (+13%), with the largest decline in volume from Central & South America to North America (-23%), which is a normal post-Mother’s Day flower shipments pattern.
