Market Insights

Air Cargo Trends

Recent global trade and political influences has generated some uncertainty in the global logistics and cargo sector however, research suggests this is a short-term issue. The WTO’s 2019 trade predictions see global trade on par with GDP at 2.6% returning to 3% in 2020 and growing faster than GDP. The OECD’s long-term ITF Transport Outlook 2019 predicts global freight demands will treble between 2015 and 2050 with the largest growth coming from the airfreight sector with a CAGR of 4.5%.