Post by Air Cargo Week

Global air cargo demand grew 7 percent year-on-year in June, driven largely by strong semiconductor and AI-related hardware shipments, while spot rates began to ease as Middle East disruption reduced, capacity returned and jet fuel prices declined. AI-related cargo is reshaping key trade lanes, with Asia Pacific to North America corridors seeing significant rate increases, while e-commerce volumes continue to weaken after years as a major air cargo growth driver. Despite strong demand, shippers are favouring shorter-term capacity agreements due to market uncertainty, with Xeneta highlighting that AI is currently supporting growth but its long-term impact remains uncertain. Learn more: https://lnkd.in/eVbpa_-r