In the ever-evolving landscape of air freight industry, 2024 brings a glimmer of hope and stability after the tumultuous fluctuations of the previous year. According to insights from Oslo-based Xeneta, the air freight sector may witness a return to a more predictable ‘classic seasonality,’ offering a much-needed respite for forwarders.
Niall van de Wouw, Chief Airfreight Officer at Xeneta, anticipates that the industry could find a new baseline, bringing about a potential stabilization after the rapid rate decline observed earlier in the year. This resurgence hints at the re-emergence of classic seasonality patterns, marking a positive shift in the air cargo sector. In this blog, we will take a quick glance at the air freight market outlook for 2024.