Global Container Growth Hits 14 Month Growth Streak, Airfreight Soars — Panjiva
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Global Container Growth Hits 14 Month Growth Streak, Airfreight Soars

Corp - Ports 884 Global 1389 Mode - Airfreight 181 Mode - Containerized 1475 Mode - Seaborne 1806

The global freight handling industry likely had another bumper month in June. Panjiva analysis of sea-port operations in 12 countries shows container handling climbed 8% on a year earlier, the 14th straight month of growth. Upbeat results from the Asia-domiciled container-lines may therefore be a broader phenomenon. Handling growth was the most rapid in Mexico, which climbed 16%, followed by China’s 10% expansion. Airfreight did better, with volumes having jumped 11%. That outpaced the 5% growth in capacity, and was driven by airlines based in Europe and North America. Growth in both sea...

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