Canada’s airfreight landscape – Air Cargo Week

In the past few years, air cargo outbound and inbound from and to Canada has been relatively stable. Inbound volumes to Canada dropped -15% in between 2019 and 2023, whilst outbound volumes increased +6 percent in the same period. Yield rates (USD per kg) for inbound shipments to Canada surged between 2019 and 2021 (+170 percent) and have dropped to a rate of +40 percent in 2024 compared to 2019.

In Q1-2024 both outbound and inbound volumes from and to Canada increased compared to Q1-2023. The increase in inbound volumes is predominantly caused by three origin regions (see inbound figures below). Outbound volumes only increased for two out of six origin regions. Yield rates (USD per Kg) decreased for nearly all origin and destination regions except for shipments originating in the Middle East and South Asia and North America.

https://aircargoweek.com/canada-airfreight-landscape/

 

Canada’s airfreight landscape – Air Cargo Week

In the past few years, air cargo outbound and inbound from and to Canada has been relatively stable. Inbound volumes to Canada dropped -15% in between 2019 and 2023, whilst outbound volumes increased +6 percent in the same period. Yield rates (USD per kg) for inbound shipments to Canada surged between 2019 and 2021 (+170 percent) and have dropped to a rate of +40 percent in 2024 compared to 2019.

In Q1-2024 both outbound and inbound volumes from and to Canada increased compared to Q1-2023. The increase in inbound volumes is predominantly caused by three origin regions (see inbound figures below). Outbound volumes only increased for two out of six origin regions. Yield rates (USD per Kg) decreased for nearly all origin and destination regions except for shipments originating in the Middle East and South Asia and North America.

https://aircargoweek.com/canada-airfreight-landscape/

 

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