Posted on March 28, 2024
Market updates

Market Update: Leverage House of Shipping’s Insights on Ocean and Air Freight Trends in March 

Dive into House of Shipping’s March Market Update, your comprehensive guide on the latest trends in the supply chain and logistics industry. 

At House of Shipping, we do more than just crunch numbers. We’re here to give you the insight and tools you need to stay ahead, making sense of the market’s ups and downs in a way that’s easy to understand. 

With our expert consultancy and advisory services, you gain access to a wealth of knowledge and innovative approaches to not only understand the current market but to also lead it. 

Key highlights: 

  • The global air cargo market’s surprisingly positive start to 2024 continued in February with a second consecutive month of double-digit growth in demand and an uptick in general freight spot rates.  
  • Following January’s 11% growth in volumes, February saw a similarly welcome upward curve for airlines and freight forwarders with demand increasing +11% YoY. 
  • After global container transport volumes declined by 4.0% in 2022 and rose by just 0.2% in 2023, the consulting firm Accenture Cargo now expects container transport volumes to grow again by 3.8% in 2024. 
  • According to MDS Transmodal, a very high number of deliveries of vessels is anticipated again in 2024. Drewry expects the globally available container vessel fleet to grow by 1.9m TEU, or 6.8%, YoY after scrapping and postponement of deliveries.

Air-Ocean-Freight-Market-Insight_March-2024

Download report
Market Update: Leverage House of Shipping’s Insights on Ocean and Air Freight Trends in March 

News categories

Other news

Stay informed and stay ahead with the latest updates from House of Shipping. Our news section is your source for insights into the ever-evolving world of shipping, logistics, and consultancy.
Shipping and Logistics Market Update for February 2024
Market Update: Leverage House of Shipping’s Insights on...
Unlock unparalleled insights with House of Shipping’s February Market Update, your strategic advantage in the ever-evolving landscape of supply chain and logistics....
December 2023 Shipping and Logistics Trends
Mastering Freight Dynamics: In-Depth Analysis of Global Air...
Insights from House of Shipping. Discover invaluable insights with our December market update, a must-read for professionals navigating the complex cargo sector....
Air and Ocean Freight Market Update
Staying ahead in Freight Markets: Air and ocean...
Insights from House of Shipping. This in-depth report is replete with data, visual charts, and expert evaluations pertaining to pivotal areas like...

Sign up for House of Shipping’s
news and insights

Sign up for our newsletter and receive the latest news, trends and developments directly in your inbox.
Newsletter Form

New Insights and Innovations - House of Shipping