Global air cargo rebounds 24% after New Year slowdown

Global air cargo tonnages have surged back 24% in the second week of 2024 (January 8 to 14), reveals World ACD, following the typical slowdown in the first week of January that saw a 3% decrease. It also marks a stronger performance from the second week of 2023, which saw global tonnages rise 19%. Global tonnages in weeks 1 and 2 of 2024 were down 7% compared to the preceding two weeks (2Wo2W), and average yields fell by 3%, with capacity down 3%. However, these are familiar patterns for this time of year. There were 2Wo2W tonnage declines from most