Global air freight volumes climbed up 2.7 percent year-over-year in January, according to the International Air Transport Association (IATA). The amount of offered air freight capacity in January rose 7 percent from January 2015. Consequently, the average freight load factor fell 1.8 percent year-over-year to 41.3 percent. Asia-pacific carriers saw their volumes rise 1.3% year-over-year and European carriers enjoyed volume growth of 2.5% in the same time period. Closer to home, North American carriers also saw volume growth by 2.5% year-over-year. Air freight volume seems to be on the rise for most continents, but as always in the transportation industry, these figures are subject to change. Read more.
