International Freight Forwarder Association

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IATA's Cargo eChartbook - Q4 2010

Monday, December 13, 2010

  • Economic drivers of cargo volumes are changing to consumer and business capital spending, as business restocking comes to an end;
  • Market divergence continues with very weak economic outlook in parts of Europe but strong growth continuing in Asia and South America;
  • Cargo volumes have slipped from their May peak but this looks like a temporary pause before further, albeit slower, growth;
  • Load factors have also slipped as capacity returns, but cargo yields have held up in recent months;
  • Fuel costs have risen to the top half of the past year's range;
  • Ocean bulk and containerized transport confirms that world trade through to Q3 continued to expand;
  • Cargo profitability is back to 2007 levels.
                                                                  - IATA Economics -