Barcelona, June 11, 2024.- According to SupplyChain 24/7 magazine, the global air cargo market is on track for double-digit growth in volumes in 2024, driven by a remarkable +12% year-on-year increase in demand observed in May, according to recent data from Xeneta. This positive trend follows six consecutive months of high regional demand for cargo capacity, which has boosted expectations beyond the single-digit growth forecasts set at the end of last year. Consequently, the global air cargo spot rate in May registered its second consecutive monthly growth, rising +9% year-on-year to $2.58 per kg, and up +5% month-on-month.
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