DHL Air Freight State of the Industry – February 2023

Find out the latest developments of the global air freight market in this monthly analysis by DHL Global Forwarding.
  • Volume increase after Lunar New Year as expected, though it was a small bump compared to previous years. Competitive spot market on most tradelanes as demand still remains low against available capacity.
  • PMI Index continues trend of low export orders (and thus demand). This, however, is giving more breathing space for capacity as it increases further, notable from China.
  • Volumes, however, are expected to see improvement toward the second half of 2023.
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