Air cargo traffi c began growing again in 2013
From mid-2011 to early 2013, world air cargo traffi c
stagnated. This period of fl at growth followed the decline
in traffi c associated with the global economic downturn of
2008 and 2009 and its strong recovery in 2010. Beginning
in second quarter 2013, however, traffi c began slowly and
steadily to grow again, expanding 0.9% over 2012 levels
for the full year. Growth continued to accelerate in 2014.
World air cargo traffi c has averaged 5.2% growth per
year since 1983. The growth rate actually exceeded
6% in several years throughout the 1980s, 1990s, and
early 2000s. Growth slowed as fuel prices began to rise
in 2005 and some shippers began to divert freight to
less expensive modes of transport.
The global economic downturn, the worst economic
contraction since the Great Depression, dragged down
all modes of freight transport. World air cargo traffi c
dropped 13% over the two years ending in 2009. Traffi c
jumped 19.4% in 2010 and gained a further 0.8% in 2011
as global businesses replenished their inventories. The net
result of these developments is a world air cargo traffi c
growth rate of only 2.6% for the span of years between
2003 and 2013. The growth rate since 2008 is only 1.7%.
Containership traffi c slowed to a similar pace during this
timeframe.
Air cargo traffi c began growing again in 2013
From mid-2011 to early 2013, world air cargo traffi c
stagnated. This period of fl at growth followed the decline
in traffi c associated with the global economic downturn of
2008 and 2009 and its strong recovery in 2010. Beginning
in second quarter 2013, however, traffi c began slowly and
steadily to grow again, expanding 0.9% over 2012 levels
for the full year. Growth continued to accelerate in 2014.
World air cargo traffi c has averaged 5.2% growth per
year since 1983. The growth rate actually exceeded
6% in several years throughout the 1980s, 1990s, and
early 2000s. Growth slowed as fuel prices began to rise
in 2005 and some shippers began to divert freight to
less expensive modes of transport.
The global economic downturn, the worst economic
contraction since the Great Depression, dragged down
all modes of freight transport. World air cargo traffi c
dropped 13% over the two years ending in 2009. Traffi c
jumped 19.4% in 2010 and gained a further 0.8% in 2011
as global businesses replenished their inventories. The net
result of these developments is a world air cargo traffi c
growth rate of only 2.6% for the span of years between
2003 and 2013. The growth rate since 2008 is only 1.7%.
Containership traffi c slowed to a similar pace during this
timeframe.
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