- Global freight tonne kilometres (FTKs) grew by 8.5% year-on-year in April, down from 13.4% in March.
- FTK growth has made a strong start to 2017, but the best of the cyclical upturn may be behind us. The upward trend in seasonally adjusted (SA) traffic has slowed to a 4% annualized pace since the end of last year.
- Year-on-year growth in international FTKs slowed from March in all regions except Latin America
- Having outpaced capacity in H2 2016, demand has now trended in line with supply since the end of last year.
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– IATA Economics –