DHL Air Freight State of the Industry – September 2023

Find out the latest developments of the global air freight market in this monthly analysis by DHL Global Forwarding.

A conservative increase in volumes was observed, but volumes continue to remain lower than traditional peak seasons, with flat growth month on month.
Sufficient capacity for current volume levels; belly capacity continued to improve as passenger travel demand remains high. Global capacity is 10 percent higher than last year with no significant backlogs apart from some countries outbound Asia and intra-Asia.
Market remains competitive, and stability on long-term rates is expected toward Q4 2023.

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