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Air Cargo Peak Season to Develop Unevenly Across Origins and Cargo Types

global trade air cargo

Air Cargo Peak Season to Develop Unevenly Across Origins and Cargo Types

Freight forwarder CH Robinson expects the air cargo sector to face a post-Golden Week peak season in which demand patterns diverge by origin and commodity, according to a market update from the US company.

Factories reopening after the Golden Week break should lift volumes in the next week, the forwarder said, with technology-linked shipments such as servers, semiconductors and other electronics continuing as a leading source of transpacific demand.

Read also: Air Cargo Demand Rises 4.4% in August 2026, IATA Reports

Fresh consumer-device releases are contributing additional time-critical cargo, while general freight is likely to climb at a slower pace as manufacturers and retailers stock up before early Black Friday promotions, Cyber Monday and end-of-year requirements, the forwarder noted.

E-commerce, a key air cargo demand engine in recent years, is nevertheless expected to account for a reduced share of this peak season because of tariff adjustments in the US and Europe.

Should carriers rework their schedules to take advantage of rising tech demand to the US, shippers sending goods to Europe could find fewer choices, especially where freighter aircraft rather than bellyhold capacity is needed, CH Robinson explained.

Airlines frequently react to concentrated demand by moving aircraft deployment, schedules and allocations toward lanes with the strongest booking activity, the forwarder said. If additional freighter capacity is steered to US-bound services, shippers moving freight to Europe or within Asia may encounter fewer viable options even when demand on those lanes has not risen substantially.

Passenger belly space can handle a substantial portion of general freight, but it cannot substitute for freighters across every commodity, the forwarder added.

Pricing from Asia origins could tighten more visibly from mid-October, particularly on transpacific lanes with heavy concentrations of technology and new-product freight, the company said. Demand levels, however, will differ between gateways.

Asia Pacific-to-US demand was already 17% higher than a year earlier in mid-September, with several technology-heavy origins posting stronger gains, CH Robinson reported. Conditions will vary by origin as cargo mix, gateway demand, airline allocations and freighter schedules determine available capacity.

Typhoon season is another element that could shape the peak season, while modal shift from ocean caused by disruption to container shipping operations has also influenced the market in recent years.

If general cargo flows stay measured and post-holiday demand is concentrated mainly in technology and time-sensitive freight, booking constraints are more likely to remain specific to origin and departure rather than spreading widely across Asia, the forwarder said.

The Asia-Europe trade is under less broad pressure than the transpacific, even though certain technology-heavy origins may tighten. China, Southeast Asia and India should therefore be assessed separately, since local cargo mix, aircraft type, gateway performance and airline schedules can create very different booking conditions from one origin to another.

Source: IndexBox Market Intelligence Platform  

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Air Cargo Demand Rises 4.4% in August 2026, IATA Reports

Global air cargo demand grew 4.4% year-on-year in August 2026, according to the International Air Transport Association, which published the figures in a press release dated 29 September 2026. The association reported that total demand, measured in cargo tonne-kilometers, rose compared with August 2025, with international operations posting a 5.3% increase.

Read also: Global Air Cargo Tonnages Rebound Ahead of Chinese Holiday Period

Capacity, measured in available cargo tonne-kilometers, edged down 0.1% year-on-year, while international capacity was up 0.1%. The global cargo load factor stood at 46.0%, a rise of 2.0 percentage points from a year earlier.

Marie Owens Thomsen, IATA’s Senior Vice President Sustainability and Chief Economist, said demand increased across every region even as capacity was reduced slightly. She noted that solid demand and higher load factors allowed airlines to recover part of the unusually high fuel costs, and that yields improved month-on-month for the first time since April. She described both developments as encouraging signs as the year-end peak season approaches.

Operating Environment

IATA highlighted several background factors. Global trade expanded 6.0% year-on-year in July, marking 33 consecutive months of year-on-year growth. Jet fuel prices climbed 8.3% month-on-month in August and were 79.2% above their level a year earlier. Global manufacturing activity also strengthened in August, with the Global Manufacturing Output Purchasing Managers’ Index up 0.3 points to 53.0 and the New Export Orders Index up 1.4 points to 51.4. Both readings remained supportive of air cargo demand.

Regional Performance

North American carriers recorded the strongest regional result, with demand up 6.6% year-on-year, while capacity fell 2.5%. Asia-Pacific airlines saw demand rise 4.3% and capacity increase 1.2%. European carriers posted a 4.1% gain in demand as capacity declined 3.5%. Latin American and Caribbean carriers registered a 5.1% increase in demand alongside a 3.3% rise in capacity. Middle Eastern carriers reported the weakest regional growth at 1.0%, with capacity up 3.3%. African airlines saw demand grow 3.0% while capacity rose 14.0%.

In terms of 2025 cargo tonne-kilometer market share by carrier region, Asia-Pacific accounted for 35.8%, North America 24.6%, Europe 21.4%, the Middle East 13.2%, Latin America and the Caribbean 2.9%, and Africa 2.1%.

Trade Lane Trends

Performance varied across major trade lanes. Asia–North America recorded the strongest growth at 13.2%, extending its run of expansion to seven consecutive months, and held a 23.5% market share. Within Asia grew 6.1% for a 34th straight month of growth, with a 7.3% share. Europe–North America rose 4.3% for a fourth consecutive month of growth, with a 13.5% share. Europe–Asia increased 3.1%, a 42nd consecutive month of growth, with a 21.5% share.

Several corridors contracted. Africa–Asia fell 11.9%, a third consecutive month of decline, with a 1.3% share. Europe–Middle East dropped 12.1% for a sixth straight month of contraction, with a 5.2% share. Middle East–Asia declined 11.0%, also a sixth consecutive month of contraction, with a 7.4% share. IATA noted that Gulf-linked corridors remained disrupted by conflict in the Middle East.

IATA represents more than 370 airlines, which it says account for roughly 85% of global air traffic. Its statistics cover international and domestic scheduled air cargo for both member and non-member airlines.

Source: IndexBox Market Intelligence Platform  

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The 56.3 Problem: What a Shifted Load Actually Costs, and Why Securement Budgets Keep Missing it

Cargo shift is one of the rarest things that happens to a truck. It is also, by one federal measure, the single most dangerous. Those two facts together explain why load securement spending is so hard to justify inside a company, and why the justification is usually built on the wrong number.

Read also: Global Air Cargo Tonnages Rise 5% in August 2026

The number that should change the conversation

FMCSA’s Large Truck Crash Causation Study examined a nationally representative sample of 141,000 large trucks involved in fatal and injury crashes over 33 months. Cargo shift was coded for around 6,000 of those trucks, roughly 4%. On frequency alone it looks like a rounding error next to brake problems, which showed up in 29% of cases.

Then there is the relative risk ratio. The study calculated one for each of 19 factors, measuring how much more likely a crash becomes when the factor is present. Brake problems scored 2.7. Cargo shift scored 56.3, the highest of all 19 factors examined. It was the least common factor with the most severe association.

I want to be careful with this figure, because it gets quoted loosely. The LTCCS data covers crashes from April 2001 through December 2003 and the analysis brief was published in July 2007. Trailer design, telematics and enforcement have all moved since. FMCSA has not published a comparable causation study since, which means the best available number on this question is also an old one. That is a real limitation and anyone building a business case on it should say so out loud rather than presenting 2003 data as current.

What has not changed is the shape of the risk. Low frequency, high severity is the category that budgets systematically underfund, because the annual expected loss looks small right up until the year it does not.

Rare enough to feel safe

The frequency data is consistent across modes and it consistently argues for complacency.

In the 2002 rulemaking that produced the current securement standard, FMCSA noted that shifting or falling cargo was a contributing factor in less than one percent of accidents self-reported by motor carriers. On the rail side, the Federal Railroad Administration’s accident database tells a similar story. In 2025, across the four primary cause codes covering shifted loads, loads falling from cars, improperly loaded cars and improperly applied trailer or container tiedowns, FRA recorded 31 train accidents. That is 1.3% of the 2,343 train accidents reported that year.

A plant manager looking at 1.3% will not fund much. Which is the trap, because the same dataset carries the severity figure alongside the frequency figure.

Severity per event, which is where the money is

Those 31 rail accidents in 2025 carried $3,977,455 in reported damage between them. That is an average of about $128,000 per accident, and it counts only track, equipment and structures. It does not include the lading itself, the clearing operation, or the traffic held behind the incident.

Widen the window and the pattern holds. Taking only the primary cause code for a shifted load, FRA recorded 100 such train accidents between 2015 and 2025, with $17,039,864 in reported damage. That works out near $170,000 per accident across eleven years.

Compare that to the cost of filling the void. This is the arithmetic that makes the case, and it is not close. A load’s worth of dunnage air bags is a consumable expense measured in tens of dollars. One prevented incident at the FRA average pays for the bags on several thousand loads. You do not need the safety argument to reach a decision. The maintenance-of-way repair bill gets you there on its own.

The damage bill that never reaches an accident report

Crashes and derailments are the visible tail. The larger, duller cost is freight that arrives broken, and almost none of it appears in any government safety statistic.

TT Club, the transport and logistics insurer, reports that 66% of incidents related to cargo damage in the intermodal supply chain can be attributed in part to poor practice in the overall packing process. It estimates the cost to marine, aviation and transport insurers at more than USD 500 million each year, and notes that total economic losses run substantially higher than the insured portion.

Read that 66% carefully, because it is the most useful number in this article. It does not say packing causes two thirds of cargo damage. It says poor packing practice is a contributing factor in two thirds of damage incidents. For anyone deciding where to spend a securement budget, contributing factor is the right frame. It means the load-securing step is present in the causal chain of most damage events, which makes it an unusually efficient place to intervene compared with fixes that address one failure mode only.

The National Cargo Bureau put numbers to how common poor practice is. Across 500 containers inspected for its container inspection safety initiative, 55% had at least one deficiency and 43% had cargo securing deficiencies specifically. Among imported dangerous goods containers, securing failures ran at 44%. NCB also published a telling comparison: containers it inspected in the ordinary course of business failed at 7.9%, against 38% for the targeted US dangerous goods export sample. Targeted looking finds far more than routine looking does, which is worth remembering before treating any low internal defect rate as reassurance.

That study reflects roughly 2018 conditions on a 500-container sample, so it is a signal about practice rather than a current industry-wide rate. It remains the most specific public figure available, and a 43% securing deficiency rate is not a rounding error.

The out-of-service cost that budgets ignore entirely

There is a third cost line, and it is the one most likely to hit a P&L this quarter.

Cargo securement was the vehicle focus area for the Commercial Vehicle Safety Alliance’s 2026 International Roadcheck. Across 54,575 inspections, inspectors wrote 1,724 cargo securement out-of-service violations, a 12.4% out-of-service rate that ranked securement fourth among all vehicle violation categories. In 2025 it ranked fifth with 1,549 violations. The rank moved up.

An out-of-service order is not a fine. It is a truck that stops where it is until the load is corrected, with the driver’s hours running, the delivery window gone, and the carrier’s safety score taking the hit that follows it into future insurance negotiations. That cost is immediate, quantifiable, and entirely absent from most conversations about whether to spend money on void fill.

Four numbers to build the internal case

If you are trying to fund a securement standard rather than argue about one, gather these before the meeting.

  • Your damage claim rate per thousand shipments, split by lane and by whether the load was braced. Most operations have the claims data and have never cut it this way.
  • The fully loaded cost of one out-of-service event on your worst lane, including driver hours, the missed appointment and the reload.
  • Consumable cost per load for the bracing method under consideration, which for dunnage air bags usually lands in the noise next to a single claim.
  • Tiedown labour per load. Under FMCSA’s minimum-tiedown rules, bracing an article against forward movement reduces the required count to one tiedown per ten feet of length, against a floor of two for unbraced articles over five feet. That is a recurring labour saving, not a one-off.

The fourth one surprises people, because it means the bracing method can partly pay for itself in strapping time before any claim is avoided.

Where dunnage air bags fit, and where they do not

Dunnage air bags address one failure mode: freight with room to move. It does that well and cheaply, and the regulation names it directly, since 49 CFR 393.106(b) lists dunnage bags among the acceptable means of immobilising cargo.

It does not address overloading, a poorly built pallet, a load that was too heavy for its packaging before it left the line, or a tiedown at the wrong angle. A securement standard that consists only of bags is a standard with holes in it. Material choice matters too: paper bags suit dry domestic over-the-road moves, while polywoven construction is the usual choice where there is moisture, rough handling or an intermodal leg, and suppliers of Dunnage Air Bags split their ranges on that basis.

The honest version of the pitch is narrow. Bags remove the gap. Removing the gap is implicated in most damage events and is cheap to do. Nothing about that claim requires the 56.3 figure to be current.

FAQs

Is there a published ROI figure for load securement spending?

Not one I can point to from an authoritative source. TT Club’s USD 500 million annual insurer cost and FRA’s per-accident damage figures are real and citable, but neither is a return-on-investment calculation, and I would treat any vendor claiming a specific payback multiple as marketing rather than data until they show the underlying method.

Does a low internal damage rate mean the current method is adequate?

Not necessarily. NCB’s 7.9% routine failure rate against 38% on targeted inspection suggests that how hard you look determines what you find. A low rate measured by nobody looking closely is weak evidence.

Which cost line usually moves a decision fastest?

In my experience the out-of-service event, because it lands on an identifiable lane, in an identifiable quarter, with a name attached to it. Claims data is more accurate and less persuasive, since it arrives as an average.

How current is the 56.3 relative risk figure?

It comes from crashes between April 2001 and December 2003, published July 2007. It is the most authoritative figure available on cargo shift’s crash association and it is more than two decades old. Cite it with the date attached.

global trade weight

The Weight Nobody Weighed

The first dependable weight in our Yiwu warehouse often appears late. The buyer has chosen the product and may already have paid for it. A freight budget exists too. The carton then reaches us. We put it on a scale, and the number that looked settled often changes.

Read also: The Lines in Your Quote That Were Never Real

I run a sourcing check service in Yiwu. On 1688, the Chinese wholesale marketplace where many cross-border orders begin, the product-detail data can carry a shipping block for each SKU. The platform also labels the source of the package-size data. It may be entered by the merchant or returned from a fulfilment-centre measurement.

We read 120 top-ranked listings through 1688’s own read-only API on August 12, 2026. The sample covered the first ten results for twelve English searches in bulky home-goods categories. All 120 returned a shipping block, but one returned no weight field.

Of the 120 listings, 117 carried at least one SKU row labelled as merchant-entered. A fulfilment-centre measurement appeared in three listings. Those counts overlap because one laundry-basket listing contained both labels across its SKU rows. They are not neat, mutually exclusive buckets.

The dimensions were less complete. Only 45 listings returned a positive value for all three package dimensions. Another 74 returned zero or partial dimensions, and one omitted the dimension field. Without length, width and height, a buyer cannot check volumetric weight from the listing data alone.

That is important because carriers do not simply bill the grams shown on a product page. Air and express services commonly compare actual weight with volumetric weight and charge the larger figure. For a dense product, the scale may decide the bill. For a light storage basket or a plush item, the space occupied by the carton may matter much more.

The most extreme page we opened was for a kitchen organiser. It grouped 25 variants together. One row said 23 grams. Another said 1.236 kilograms. The package dimensions were incomplete, so there was no way to compare those figures with a volumetric calculation. The spread was 53.7 times. A laundry-basket page ranged from 180 grams to 3 kilograms across 18 rows.

Across the sample, 108 listings returned weight data for more than one SKU row, although some simply repeated the same figure. The problem is the mapping. If a buyer copies one number without matching it to the ordered variant, the arithmetic can be precise and still be about the wrong product.

The timing is not academic. On August 13, 2026, the US Court of International Trade decided Axle of Dearborn v. Department of Commerce and found that the president could rescind the de minimis exemption under IEEPA. China-origin goods had already lost duty-free de minimis treatment in May 2025. An appeal could change the interim legal position. Congress has set a separate statutory repeal date of July 1, 2027.

Weight does not determine every duty bill. Many tariffs are charged as a percentage of customs value, while some tariff lines use a quantity such as kilograms. Gross weight is still a required line-item field in the US Automated Commercial Environment. It also drives the freight bill for air and express shipments. The same number can matter when a forwarder prices the shipment and when the importer has to stand behind the customs record.

None of this proves that a merchant-entered weight is inaccurate. We did not buy and weigh these 120 products. The study records provenance and field completeness, not truthfulness. A seller may have measured the product carefully and then typed the result into the field. A fulfilment-centre measurement can also become stale after packaging changes.

An estimate can easily look like evidence. Buyers sometimes carry the listing figure into a freight budget. A quote prepared before the goods exist in packed form may have little else to work with.

Later documents can inherit the same number. Our sample stops at the product-detail response and did not follow these listings through a real customs entry, so it cannot say how often that chain occurs. It does show why the first figure should not be assumed to have come from a scale.

The field was designed first for marketplace logistics in China, not for a US customs entry. Domestic freight templates need a weight to produce a shipping charge. That purpose is different from establishing the packed gross weight of an export carton. The figure may be useful for an early estimate, but its job changes when an importer starts treating it as final.

In Yiwu, the practical distinction comes before the calculation. We look at the goods and ask whether the cargo is dense or light and bulky. With storage products and plush goods, the listed grams tell only half the story. The missing carton dimensions are often the more expensive omission.

That is why our warehouse puts the received carton on a scale and photographs the reading. We measure the carton as well. This is not process theatre. If we price international freight from a number we never checked and the scale later differs by a kilogram, the shortfall is ours.

The measurement can happen earlier without turning the order into an audit. Before the balance payment, the supplier can identify the exact SKU and provide the packed carton weight with its dimensions. The unit count belongs in the same reply. A photograph of the sealed carton on a scale is more useful than another screenshot of the listing. Mark any pre-packing freight figure as an estimate. Replace it with the warehouse measurement before the international shipment is booked.

For the first order, keep the listing figure beside the supplier’s packed figure. Add the warehouse result when the goods arrive. The difference becomes a correction factor for the next order. On a multi-SKU purchase, preserve the mapping by variant rather than keeping one number for the whole listing.

The full method and row-level dataset are published at https://supplymo.com/research/1688-weight-provenance. It is a non-random, one-day sample of platform-ranked listings, not a census of 1688 and not a finding of seller misconduct. It cannot predict a duty rate or a freight price. Those depend on the product, its classification, the route and the terms of the quote.

I would not use the listing figure for settlement. I would use what the warehouse scale shows after packing.

Liam Cai is the founder of Supplymo and runs sourcing and quality control in Yiwu, China, for overseas buyers. https://supplymo.com

global trade port

Global Air Cargo Tonnages Rise 5% in August 2026

Global air cargo tonnages rose 5% in August compared with the same month last year, according to data from WorldACD Market Data. The increase aligns with the 5% year-on-year growth recorded in July and for the first eight months of 2026, though regional growth rates vary from 8% for Asia Pacific origins to stable tonnages from Africa.

Read also: Global Air Cargo Demand Rises 3.9% in July 2026: IATA Report

Volumes from Hong Kong to Europe fell 30% year-on-year in August and were 24% below their June level, reflecting a recalibration by e-commerce stakeholders following the European Union’s July 1 end of de minimis exemptions on imports valued under EUR150. On a weekly basis, Hong Kong to Europe volumes in week 35 (August 24-30) regained 3% compared with the previous week and 6% above the low recorded in week 33. Tonnages from mainland China to Europe, less dependent on e-commerce, rebounded slightly week-on-week for four consecutive weeks after dropping about 15% in response to the July 1 changes. China to Europe tonnages in week 35 were down 6% year-on-year, and for August as a whole they were down 5% year-on-year, compared with an 8% decline in July. Combined China and Hong Kong to Europe tonnages were down 14% year-on-year in both July and August, after being flat in June.

In contrast, combined China and Hong Kong to US volumes in August were broadly similar to their May, June, and July levels, and up 13% compared with August last year, with China-US traffic up 15% and Hong Kong-US volumes up 9% year-on-year. However, the year-on-year growth rate for this lane slipped from 19% in May and 20% in June to 13% in August and 14% in July.

On pricing, average spot rates for China and Hong Kong to Europe fell from about $5.22 per kilo in May and June to $4.34 per kilo in August, a drop of about 17%. Year-on-year, the excess narrowed from 32% in May and 30% in June to 12% in July and 11% in August. For China and Hong Kong to the US, average spot rates fell from $6.59 per kilo in June to $5.89 per kilo in August, down about 11%, with the year-on-year excess narrowing from 50% in May and June to 26% in August.

Worldwide average rates in August were 22% higher year-on-year, compared with 24% in July, 33% in June, and 37% in May. Average worldwide spot rates in August were $3.36 per kilo, up 28% year-on-year, though slightly down 1% from July and about 9% below the average level across April, May, and June. The biggest percentage drop was from Middle East & South Asia origins, where average spot rates fell from $4.75 per kilo in April to $3.92 per kilo in August, a decline of about 17%. From Asia Pacific origins, average spot rates dropped from $5.03 per kilo in April to $4.52 per kilo in August, down about 10%.

Total worldwide air cargo capacity rose 1% in the final two weeks of August compared with the previous two weeks, with the biggest increase a 2% rise from Asia Pacific origins. Year-on-year, worldwide capacity was up 2%. Despite disruptions from the conflict between the US and Iran, capacity from Middle East & South Asia origins in the last two weeks of August was up 2% year-on-year, with capacity stable in week 35 on a week-on-week and year-on-year basis. However, compared with week 7, prior to the attack on Iran by the US and Israel, capacity from Middle East & South Asia origins in week 35 was still down almost 9%, with capacity from the Gulf area down 16%, while capacity from surrounding subregions rose: South Asia up 1%, Central Asia up 2%, and the Levant & Caucasus up 8%.

Source: IndexBox Market Intelligence Platform  

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Global Air Cargo Rates Decline in July Amid Iran Conflict and EU Import Rule Changes

Air freight pricing softened during July, as the Iran-linked hostilities drove up kerosene expenses and created logistical bottlenecks, while fresh European Union customs measures further curtailed cargo flows out of China and Hong Kong toward Europe, based on WorldACD Market Data.

Read also: Air Cargo Market Outlook: Rates Rise, Growth Slows, AI Drives Demand

Traffic figures

In the seven-day period ending Aug. 2, billable tonnage originating in mainland China and destined for Europe slipped 5% versus the prior week, while Hong Kong-origin consignments eased 3%, extending the losing streak to six straight weeks. On an annual basis, mainland China volumes trailed by 7% and Hong Kong by 24%.

The regional turmoil has intensified strain on the airfreight sector via steeper fuel-related surcharges and service interruptions, although robust demand from segments like AI-focused data center hardware has propped up pricing, WorldACD noted.

Pricing snapshot

Worldwide average spot charges receded 8% month-over-month in July to $3.41 per kilogram, yet they still sat 29% above the same month last year. Asia-Pacific tariffs slipped 10% to $4.75 per kilogram, while remaining 29% higher than July 2025 readings.

Spot tariffs from mainland China to Europe tumbled 29% between late June and the week ending Aug. 2, settling at $3.86 per kilogram, whereas Hong Kong-to-Europe prices dropped 15% to $4.96 per kilogram.

EU policy effects

For the full month of July, combined China and Hong Kong air tonnage to Europe contracted 9% from June and 12% year-on-year. Mainland China dispatches fell 3% month-over-month, while Hong Kong shipments plunged 19%.

WorldACD attributed these reductions chiefly to elevated expenses and added administrative burdens stemming from the EU’s July 1 termination of duty-free entry for goods under 150 euros, a change that has hit the e-commerce-centric Hong Kong corridor especially hard.

Even with the recent downturn, spot prices from China and Hong Kong to Europe in the latest week remained marginally above year-ago levels, though the gap has narrowed considerably compared with the preceding three months.

Other markets and drivers

Tariffs from other Asia-Pacific points of origin stayed markedly higher on an annual basis, with Taiwan up 33%, Vietnam up 39%, and Thailand up 32%.

WorldACD stated that persistently high global rates mirrored increased fuel surcharges stemming from jet fuel price advances tied to the U.S.-Iran standoff, combined with supply-demand mismatches and conflict-related interruptions, as well as sustained cargo demand from industries including AI infrastructure.

Source: IndexBox Market Intelligence Platform  

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Air Cargo Market Outlook: Rates Rise, Growth Slows, AI Drives Demand

A cooling global economy is expected to temper air cargo market growth over the next six months even as rates continue to climb, according to the Xenetas Air Freight Outlook Update published in July. The report, cited by Supply Chain Dive, outlines three key factors shaping the sector in the second half of 2026.

Read also: Global Air Cargo Demand Rises 8.5% in June 2026, IATA Reports

Global demand and capacity poised to slow

Global air cargo demand rose 4% year over year at the end of June, exceeding earlier forecasts of 2% to 3% growth. However, Xeneta now expects full-year demand growth to land at the higher end of its original projection, while capacity growth is anticipated at the lower end of the 2% to 3% range. This suggests demand may keep pace with or surpass capacity.

Regional data from the International Air Transport Association shows Asia-Pacific carriers recorded a 4.3% year-over-year capacity increase in June, with demand up 7.9%. North American carriers saw capacity rise 6.2% and demand climb 13.1% during the same period.

Aircraft manufacturers Boeing and Airbus have not fully recovered their supply chains since the COVID-19 pandemic, according to Tom Crabtree, managing director at Transport Research Advisory. In the first six months of the year, the two companies produced about 75 widebody passenger aircraft combined, only six more than in the same period of 2025. Widebody planes move roughly 40% of air cargo, and insufficient production could force the global freighter fleet to operate beyond normal capacity. Crabtree indicated that shippers should not expect significant price reductions in air freight services in the near term.

Shipper rates set to rise

Xeneta initially forecast air cargo rates to drop by up to 10% at the start of the year, but now expects rates to increase 5% to 15% year over year. The Iran war has created network and fuel volatility, disrupted long-term contracting, and pushed forwarders to secure space on the spot market. In the second quarter, forwarders procured nearly 50% of air freight volumes on the spot market.

The share of newly agreed shipper-forwarder contracts valid for up to three months rose to 58%, up from 22% a year earlier. Many companies are delaying negotiations on 2026 contracts until conditions stabilize.

Since the end of February, air freight rates have risen due to fluctuating jet fuel prices and high demand. At one point, prices were up 38% year over year, though they have eased since the beginning of July. Crabtree noted that these swings are difficult for shippers to manage. Xeneta observed that spot rates appear to be trending downward after a late-May mini peak season, and a cooldown of hostilities in Iran could support further declines. As the conflict eases, capacity around Gulf air cargo hubs would recover and jet fuel prices would fall, pointing to additional spot rate reductions.

AI remains air cargos strongest growth engine

Artificial intelligence hardware and semiconductor demand have shown exceptional growth for the air cargo sector, becoming the clearest driver of Transpacific strength, according to Xeneta. High-value, time-sensitive shipments in these categories are expected to remain the largest growth engine beyond 2026.

DHL Global Forwarding recently launched a thrice-weekly widebody Transpacific service between Bangkok and Cincinnati, citing the technology sector as the main reason for the added capacity. In April, World Semiconductor Trade Statistics reported global semiconductor sales up nearly 94% year over year.

Taiwan, a major chip manufacturing hub, saw GDP growth of about 15% in the first quarter of 2026, with export value forecast to grow by nearly 20% for the year. AI-related cargo accounts for less than 10% of total volumes, meaning its impact is concentrated on select corridors rather than global headline figures. In June, air cargo demand received a 7% year-over-year boost from AI-related shipments, which offset weakened China-U.S. e-commerce traffic caused by U.S. tariffs. That e-commerce flow had been the main demand engine for the past two to three years.

Xeneta warned that while AI investments show little sign of fading, a burst in the AI investment bubble would have systemic ripple effects across the air cargo market.

Source: IndexBox Market Intelligence Platform  

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Global Air Cargo Demand Rises 8.5% in June 2026, IATA Reports

The International Air Transport Association (IATA) released data on July 29, 2026, showing that global air cargo demand rose 8.5% in June compared to the same month in 2025. According to the industry group, total demand, measured in cargo tonne-kilometers (CTK), increased by 8.5% year-on-year, while international operations saw a 9.6% rise. Capacity, measured in available cargo tonne-kilometers (ACTK), grew by 4.4% globally and 4.9% for international operations.

Read also: Global Air Cargo Rates Decline in Late June and Early July 2026

IATA Director General Willie Walsh commented that demand growth outpaced capacity at the global level and in all regions except Latin America and the Caribbean. He noted that North America was the strongest contributor to growth, though all regions posted positive year-on-year demand. Walsh indicated that demand grew faster than global trade, supported by high-value technology products and urgent shipments. He expressed optimism for the second half of 2026 but warned of risks including ongoing hostilities in the Middle East and a renewed focus on tariffs by the United States.

Global trade increased by 5.2% year-on-year. Jet fuel prices fell 20% month-on-month in June but remained 45.8% above year-earlier levels. Global manufacturing activity eased slightly in June but remained supportive, while export orders weakened. The Global Manufacturing Output Purchasing Managers’ Index (PMI) fell 0.5 points to 53.0, and the New Export Orders Index stayed below the 50-mark for a fourth consecutive month at 49.4. This suggests that air cargo growth was driven by specific trade flows rather than a broad-based increase in global exports.

Regional Performance

North American carriers recorded the strongest regional performance, with a 13.1% year-on-year increase in air cargo demand in June, while capacity rose 6.2%. Asia-Pacific airlines saw a 7.9% demand increase and a 4.3% capacity rise. European carriers posted a 6.9% demand gain with capacity up 3.7%. Middle Eastern carriers experienced a 5.6% demand increase and a 2.5% capacity rise, though IATA noted that the comparison to June 2025 was skewed positive because that month was particularly weak for the region due to disruptions from military conflict. Latin American and Caribbean carriers had the weakest performance, with a 3.5% demand increase and a 9.8% capacity rise. African airlines saw a 4.7% demand increase while capacity decreased by 7.1%.

Trade Lane Growth

Air cargo performance diverged across major trade lanes in June. The Asia–North America lane recorded the strongest growth at 14.7%, marking five consecutive months of expansion. Within Asia grew 7.2% for 32 consecutive months, Europe–Asia rose 7.1% for 40 consecutive months, and Africa–Asia increased 0.9% for 12 consecutive months. In contrast, Gulf-linked corridors remained disrupted by the Middle East conflict. The Europe–Middle East lane contracted 41.1% for four consecutive months, and the Middle East–Asia lane fell 4.1% for four consecutive months. The Europe–North America lane showed no growth.

Source: IndexBox Market Intelligence Platform  

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Global Air Cargo Rates Decline in Late June and Early July 2026

Global air cargo rates kept falling through the final days of June and the start of July, as reduced fuel expenses and weaker demand put pressure on the market, even though fresh tensions in the Middle East have heightened the possibility of new supply chain interruptions, according to WorldACD Market Data.

Read also: Global Air Cargo Demand Rises 6.0% in May 2026, IATA Reports

The worldwide average air cargo rate decreased by 1% compared to the prior week, reaching $3.13 per kilogram for the seven days ending July 5, after a 2% drop the week before. Average spot rates slipped 2% to $3.62 per kilogram, with decreases observed across every major region, including Europe, North America, Asia Pacific, and Central and South America, the weekly report stated.

Despite the weekly reduction, global spot rates were still 37% higher than the same period a year earlier, driven by increases from the Middle East and South Asia and North America, where rates climbed 46%, followed by Africa at 42% and Asia Pacific at 37%, it added.

WorldACD Market Data noted that global air cargo volumes fell 2% during the week, after a 1% decline the previous week, largely due to lower activity surrounding the US Independence Day holiday on July 4. North America saw the largest weekly drop in cargo volumes, down 10%, while Central and South America decreased 7%.

On a year-over-year basis, however, worldwide chargeable weight remained 4% higher, buoyed by an 8% rise in shipments originating from Asia Pacific.

Traffic from Hong Kong to Europe dropped sharply after new European Union customs regulations came into force on July 1, eliminating the de minimis duty exemption for imports valued under EUR150. Cargo volumes on that route fell 12% week-over-week, following declines in the prior two weeks, returning to levels last observed at the end of March.

In contrast, shipments from China to Europe remained largely steady after a 6% drop the previous week. Overall cargo volumes from Asia Pacific to Europe decreased 2% during the week, while spot rates on that route softened to $5.09 per kilogram.

WorldACD said that renewed hostilities involving the United States and Iran could heighten disruptions to air cargo markets and freight rates in the coming days and weeks, despite the recent easing in prices.

 

Read also:

https://www.indexbox.io/blog/global-air-cargo-rates-decline-in-late-june-and-early-july-2026/

global trade cargo importers

Safety is not a checklist: Why Total Cargo Management must stay alert

Dangerous goods safety is presented as a compliance exercise: complete the documentation, follow the checklist and release the shipment. That may satisfy a process, but it does not necessarily control risk. In air cargo, where one mistake can affect an aircraft, its crew and a supply chain, safety must be more than forms.

Read also: Reducing Cargo Theft and Operational Delays with Mobile Patrol Security

Safety and security must be built into cargo management from booking through to delivery. At TCE, that principle sits at the heart of our Total Cargo Management service.

TCM combines decision-making with end-to-end operational control. Acting as an extension of an airline’s organisation, TCE coordinates activities across the cargo chain, maintains visibility over performance and intervenes when standards are not met.

Safety, security, compliance and commercial success are not competing priorities. Compliance is the starting point, not the finish line.

“At TCE, we do not assume that a shipment is safe simply because the paperwork looks correct. If something does not add up, it does not move.”

Pre-checks, approvals and document verification must correspond with the physical shipment. The description, packaging, labels, condition and supporting evidence must tell the same story. Where there is a mismatch, the correct response is to stop, investigate and resolve it.

Total Cargo Management gives airlines the oversight needed to apply that discipline consistently across customs, sensitive cargo, supervision, training and audits. Effective TCM connects the commercial promise with operational reality.

Lithium batteries demonstrate why this matters. A damaged, defective, incorrectly packed or misdeclared battery can create a serious fire risk. Professionally prepared documents do not prove that the contents match the declaration.

The UN 38.3 test summary is therefore important evidence, not a minor attachment. At TCE, we check that it is present, valid and relevant to the shipment.

“A test summary must match the battery being transported. A certificate for a different model, manufacturer or configuration is not reassurance. It is a warning sign.”

Rules only achieve their purpose when they are correctly understood and consistently applied. This is where the operational dimension of TCM becomes critical. TCE remains involved during acceptance, build-up, transfer and loading, providing airlines with 24/7 support remotely or on-site at hub stations.

Most incidents do not suddenly appear once an aircraft is airborne. Their origins can often be traced to acceptance, ULD build-up, warehouse handling or ramp transfer.

“Errors typically begin with documentation gaps, segregation failures or decisions made under time pressure. If supervision is weak, routine processes such as ULD build quality, ramp exposure time and segregation discipline can become significant risks. On-site supervision allows an immediate correction before the error reaches the aircraft.”

This active supervision creates a direct link between safety, security and accountability. Trained operations coordinators can challenge a deviation, require corrective action and ensure that the agreed airline standard is followed.

That visibility is equally important for security. Frameworks such as ACC3 and RA3 support the secure supply chain for cargo entering the European Union from third countries. Yet validation does not remove the need for daily vigilance. Procedures can be approved while still being applied inconsistently. Training may have expired and familiarity can turn into complacency.

“Security is not achieved on the day of an audit. It is achieved in the warehouse, on the ramp and at the point of acceptance, every shipment and every time.”

TCE’s TCM model looks beyond whether a procedure exists. We examine whether it is understood, followed correctly and effective under real operating conditions. We monitor performance, identify gaps and work with airlines, handlers and other partners to introduce improvements.

This oversight extends to customs compliance. For one airline partner, TCE assumed responsibility for full customs reporting. Through continuous supervision and monitoring, we reduced customs-related non-compliances by more than 95 per cent within the first year.

The result illustrates the wider value of TCM. Problems are reduced when responsibility is clear, information is visible and qualified people remain involved. The same approach strengthens dangerous goods controls, cargo security, handling quality and operational reliability.

A strong safety culture requires people to question, escalate and intervene. Commercial urgency cannot overrule operational judgement. Strong controls protect aircraft, crews, cargo, customers and reputations while preventing rejected shipments, regulatory findings, claims and costly disruption.

Technology will play an increasing role. TCE’s TCM service will combine digital visibility tools with structured remote and on-site supervision. Data can identify unusual patterns and potential risks, but technology cannot replace experienced human judgement.

“Digital tools can show us where to look, but people must still understand what they are seeing and have the confidence to act.”

My message to the industry is simple. Do not confuse completed paperwork with controlled risk. Check what has been declared, what is physically present and whether procedures are being applied as intended. Most importantly, give qualified people the authority to stop a shipment when something does not look right.

That is what Total Cargo Management should deliver: stronger commercial performance, continuous control, measurable accountability and safer, more secure cargo operations.

“Real safety is not about creating more rules. It is about making the rules work in practice before a small mistake becomes a serious event.”

About TCE

TCE means Total Cargo Management. Its TCM approach provides airlines with a fully integrated cargo solution, combining commercial performance with structured operational oversight. Acting as a true extension of each airline’s organisation, TCE ensures seamless coordination, end-to-end visibility, and continuous improvement across the entire cargo chain.

With a global presence spanning 230+ airports and overseeing more than 150,000 tonnes of cargo annually, TCE supports airlines in managing their cargo activities with consistency and control. Complemented by strong customs and reporting capabilities, TCE enables efficient regulatory handling while enhancing transparency and traceability across global operations.