AIR Cargo volumes remain low with peak season volumes unlikely to increase, according to DHL, reports London's Air Cargo News.
'Volumes (are) expected to witness flat growth even in THE first two quarters in 2023,' said the report.
Most of the major trade lanes experienced year-on-year declines in volume.
Any increase in volumes will only happen after stronger economies have started to recover, expected in the second half of 2023.
Export orders remain low as inventories remain full, and shippers focus more on short-term refills.
Meanwhile, e-commerce movements are expected to increase around the end of November and December.
'Demand continued to remain low on most trade lanes and is likely to follow this trend into 2023,' said DHL.
Industry issues affecting demand include reduced ocean freight costs and worldwide high inflation that is set to continue into 2023.
dhl stated overall capacity is sufficient to support current demand levels.
The resumption of passenger travel has improved belly capacity as new schedules are announced by airlines.
Globally rates are below last year's level despite the effects of higher fuel prices.
SeaNews Turkey
'Volumes (are) expected to witness flat growth even in THE first two quarters in 2023,' said the report.
Most of the major trade lanes experienced year-on-year declines in volume.
Any increase in volumes will only happen after stronger economies have started to recover, expected in the second half of 2023.
Export orders remain low as inventories remain full, and shippers focus more on short-term refills.
Meanwhile, e-commerce movements are expected to increase around the end of November and December.
'Demand continued to remain low on most trade lanes and is likely to follow this trend into 2023,' said DHL.
Industry issues affecting demand include reduced ocean freight costs and worldwide high inflation that is set to continue into 2023.
dhl stated overall capacity is sufficient to support current demand levels.
The resumption of passenger travel has improved belly capacity as new schedules are announced by airlines.
Globally rates are below last year's level despite the effects of higher fuel prices.
SeaNews Turkey
