October Air Cargo Grows 4% YoY, but Europe-US Slump Sparks Global Trade Concerns - Cargo Insights

October air cargo grows 4% YoY, but Europe-US slump sparks global trade concerns - Cargo Insights

October air cargo volumes rise 4% YoY, but a sharp Europe-US decline signals cooling demand and pressure on rates into 2026. Global air cargo markets delivered a surprise in October with a stronger-than-expected 4% year-on-year surge in demand, according to industry intelligence from Xeneta. The growth came despite easing “front-loading” by businesses that previously offset tariff costs and the US de minimis ban. However, analysts warn the outlo…

Lufthansa to cut cargo flights in coming weeks due to air space closures