The evolution of air cargo and global trade

As a result of the COVID-19 pandemic, the world stopped traveling. Closed borders and strict travel requirements meant that actual flight movements were severely impacted, which caused a knock-on effect on air cargo logistics and global trade. But whilst the world returns to the skies once again, air cargo industry players are adapting to a very different landscape.

With our comprehensive, reliable and up-to-date demand and supply databases, our travel industry practice is able to provide insights and data on global air cargo capacity, express and ocean freight demand and capacity on a regular basis.

Transatlantic trade lane balance has returned to pre-COVID levels

Slower air trade growth suggests lower load factors on the Transatlantic trade lane

Transatlantic air cargo capacity and demand, Jan 2019 – Jul 2022

Note: Direct international capacity only; All freighters and widebody passenger aircraft only;

Source: Seabury Cargo Global Air Trade and Capacity Tracking databases, Seabury Cargo, Accenture analysis (August 2022)

Significant cherry decline (-73%) from the US to Northeast Asia

In line with decreasing demand, 2022 saw a lower number of dedicated cherry freighters out of Seattle

USA to Northeast Asia freighter capacity and air exports of fresh cherries

Note: 1) Includes direct Seattle (SEA) to Northeast Asia freighter capacity and indirect Seattle to Anchorage capacity destined for North East Asia

Source: The Loadstar, July 2022; Seabury Cargo Global Air Trade and Capacity Tracking databases, Seabury Cargo, Accenture analysis (August 2022)

Meet the team

Subscription Center
Visit our Subscription and Preference Center Visit our Subscription and Preference Center