Monday, May 5, 2014

GLOBAL AIR FREIGHT

Global air freight volume increase--
Global air freight reports 6.7 per cent first-quarter growth Written by


Global air freight reports 6.7 per cent first-quarter growth

Global air freight volumes grew an impressive 6.7 per cent, year on year, in the first quarter of 2014, thanks to a strong March that saw a significant improvement in traffic from Asia, according to figures released today by WorldACD.
Yields for the first three months declined by 2.6 per cent, year on year, a slower rate of decline than seen in 2013, while total worldwide volumes in the first quarter were 6 per cent higher than two years ago.
Month on month, March showed a particularly strong improvement, with revenue growth of 29 per cent compared with February 2014, thanks to 25 per cent volume growth and a 3.5 per cent yield increase, driven by a strong performance for traffic ex-Asia.