WorldACD: Global airfreight volumes up 2.6% in May-2018

WorldACD reported (01-Jul-2018) worldwide airfreight volumes increased 2.6% year-on-year in May-2018, confirming a downward growth trend since the start of 2018. Volumes increased 4.3% for Jan-2018 to May-2018. Yield in May-2018 increased 7.1% in EUR and 14.4% in USD. The origin markets with the strongest volume growth were Chile at 58%, Japan at 18%, Canada at 17% and the US at 5.8%. India, Russia and Western Europe recorded negative growth. Long haul traffic outgrew short haul, as in previous months, and specific cargo categories outgrew general cargo. Yield improvements in USD in the Americas were below 10%, much lower than other regions. [more - original PR]