IATA: Cargo traffic declines while capacity increases in July

July cargo traffic decreased 9.7% YoY while capacity increased 3.6% YoY

Photo/CargoIQ

Global cargo demand is approaching pre-pandemic levels, although it remains lower than the unusually high levels of 2020-2021. Industrywide cargo traffic, measured in cargo tonne kilometers (CTKs), fell 9.7% year over year in July and dropped 10.2% YoY for international operations. The decrease in traffic was 3.3 percentage points lower compared with June’s 6.4% drop, […]

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