Air cargo exporting from Japan results (May 2021)

Air Freight consolidation shipments from Japan in May totaled 88,829 tons (+85.9% y/y) and 221,845 cases (+34.9% y/y). The increase was in reaction to a sharp drop in handling volume in the same month last year due to lockdowns in various parts of the world.

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Ocean freight rates decreased via the West Coast of North America (-5.6% week-on-week), via the East Coast of North America (-3.5%), Europe (-7.0%), and Korea (-4.4%).

IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August. The airline association’s latest data shows that demand in August fell by 8.3%, which was a slig