You’ve seen the news. Now hear the data.
The latest data released by Xeneta shows air cargo volumes from Vietnam to Europe – a major trade route for apparel – spiked 62% in the week ending 14 January. This is 6% higher than 2023’s peak week in October and a 16% increase on the volumes recorded in the same week 12 months ago.
Seeing as January is typically a quieter time of year for air freight, to see increases of this magnitude, with higher volumes than at any point in 2023, is significant.
Watch the industry experts discuss real-time market data and expert insight, including:
- Are we experiencing a shift from ocean to air?
- How is the air cargo market responding to the Red Sea crisis?
- How will this impact the upcoming tender discussion?
