COSCO
SITC
PACIFIC LINES
Monday, 01/12/2025, 07:26 (GMT +7)
126
IATA: October Hits Record Volumes, Supply Chains 'Restructure' Amid US Tariff Pressure
The global air cargo industry recorded a record-breaking October with 4.1% growth, marking eight consecutive months of gains. However, the decline on the Asia-North America route and the boom in Intra-Asia lanes indicate that trade flows are shifting strongly to adapt to tariff policies..webp)
The global air cargo industry has just experienced a record October in terms of volume, despite the continuous decline in cargo flows from Asia to North America.
The latest data from the International Air Transport Association (IATA) shows that transport demand, measured in cargo tonne-kilometers (CTKs), increased by 4.1% year-on-year in October. Meanwhile, available capacity rose by 5.1%, leading to a slight 0.5 percentage point dip in the cargo load factor to 47.1%.
This increase marks the eighth consecutive month of growth for the entire industry. However, the growth picture was uneven across trade lanes, as U.S. tariff policies continued to exert pressure on shipping demand on Asia-North America flights.
Commenting on this trend, Willie Walsh, IATA’s Director General, said: “While the Asia-North America trade lane extended its contraction to six months, October saw double-digit or near double-digit growth within Asia, between the Middle East and Europe, and between Europe and Asia.”
This divergence reflects the flexible adaptability of the global logistics market.
Walsh emphasized further: “This shifting growth pattern shows that air cargo is enabling global supply chains to adapt to the impact of US tariffs. This positive news is especially significant as the air cargo sector enters the peak fourth quarter shipping season.”
Shifting Trade Flows
Detailed data on specific trade lanes clearly illustrates this shift:
• Asia-North America: Demand fell 1.4% year-on-year.
• Europe-Asia: Impressive growth of 11.7%.
• Middle East-Asia: Increased by 11.5%.
• Intra-Asia: Improved by 9%.
Airline Performance by Region
Changes in cargo flows also directly impacted the performance of airlines in each region during October:
• North American carriers: Recorded a 2.7% decline in cargo traffic year-on-year.
• African carriers: Enjoyed "explosive" growth of 16.6%.
• Asia-Pacific carriers: Up 8.3%.
• Middle Eastern carriers: Up 5.7%.
• European carriers: Up 4.3%.
• Latin American carriers: Improved by 2.7%.
Macro Outlook: Caution Amid Uncertainty
Regarding macro indicators, IATA stated that global manufacturing sentiment strengthened slightly in October, with the Purchasing Managers' Index (PMI) rising for the third consecutive month to reach 51.45 points.
However, the association also issued a note of caution: “New export orders deteriorated slightly to 48.31, remaining below the 50-point expansion threshold, reflecting ongoing caution amid tariff uncertainty.”
See more:
- COSCO schedules: Vietnam - North America in Dec 2025
- SITC updates Vietnam-Intra Asia sailing schedules in Dec 2025
- WorldACD: The 2025 Peak Season Paradox – Global Air Freight Rates Rise Despite Falling Volumes
- BIMCO: Coal Shipments to Advanced Economies Hit 23-Year Low
- Carrier Financials Q3/2025: The Post-Peak 'Landing' and a 'New Normal'
- International Shipping and Logistics Market Update Week 47/2025 | Phaata
- Sea-Intelligence: Global Schedule Reliability Drops Sharply in October 2025
- Maersk Prepares to Resume Red Sea Route: A Signal of 'Normalization' for the Asia-Europe Lifeline?
- MSC’s Massive 100-Feeder Vessel Order: An Economic Paradox or an Ambitious Strategic Gambit?
Source: Phaata.com (According to Air Cargo News)
► Find Better Freight Rates & Logistics Service Providers!
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- MSC (Mediterranean Shipping Company) - The world\'s leading container shipping lines
- Information you need to know about Maersk Line
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
Market News
.webp)
_(2).webp)
HOT PROMO
See more
2922
Other
Expiry date
CÔNG TY TNHH DỊCH VỤ LOGISTICS BẢO VẬN
2.6
1870
FCL
23 Days
Freight cost
Expiry date
NP LOGISTICS CO.,LTD
2.4
13
Other
Expiry date
INTERLOG CORP - CÔNG TY CỔ PHẦN GIAO NHẬN TIẾP VẬN QUỐC TẾ
Verified
1.3
82
FCL
25 Days
Freight cost
Expiry date
 Nền Trắng.webp)
CÔNG TY CỔ PHẦN THT CARGO LOGISTICS
0.2
73
FCL
25 Days
Freight cost
Expiry date
CÔNG TY CỔ PHẦN THT CARGO LOGISTICS
0.2
WHY PHAATA.COM?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find price quickly
and
Send quote request
Compare Quotes
and
Selection
Contact for Further Consultation
and
Send request booking
Get feedback
and
Direct Negotiation
Management
and
Evaluate
Freight rates
Sea freight
45
Days Transit
- ₫89,709,000 / 40'HQ
Valid till: 2026-02-14
Công ty T&T Global Agency
1.8
16
Days Transit
- ₫4,749,300 / 20'GP
- ₫13,720,200 / 40'GP
- ₫13,720,200 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.5
3
Days Direct
- ₫1,187,325 / 20'GP
Valid till: 2026-02-12
CÔNG TY TNHH THƯƠNG MẠI VÀ DỊCH VỤ LƯU PHƯỚC LỘC
2.7
35
Days Direct
- ₫69,392,550 / 20'GP
- ₫94,194,450 / 40'GP
- ₫94,194,450 / 40'HQ
Valid till: 2026-01-31
ALLIANCE INTERNATIONAL LOGISTICS CO., LTD
Verified
4.1
7
Days Direct
- ₫26,385 / 20'GP
- ₫1,583,100 / 40'GP
- ₫1,583,100 / 40'HQ
Valid till: 2026-01-28
Chi nhánh tại Khu vực Bắc Bộ - Công ty TNHH Giao nhận vận chuyển Quốc tế Trường Hải
3
7
Days Direct
- ₫395,775 /cbm
Valid till: 2026-01-31
WR1 MASTER CONSOL
Verified
2.1
8
Days Direct
- ₫0 /cbm
Valid till: 2026-02-01
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
0.1
19
Days Direct
-
Refund
₫1,978,875 /cbm
Valid till: 2026-01-31
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
2.6
30
Days Direct
- ₫1,055,400 /cbm
Valid till: 2025-12-31
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0.2
30
Days Transit
- ₫1,319,250 /cbm
Valid till: 2025-12-31
KHAI MINH GROUPS CO., LTD – Ho Chi Minh Branch
2.6
Air freight
1
Days Direct
- 49,438 ₫/kg
Valid till: 2026-01-31
CÔNG TY TNHH EVERGLORY LOGISTICS VIỆT NAM
2.6
7
Days Transit
- 139,841 ₫/kg
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN DỊCH VỤ VÀ HẠ TẦNG Ô TÔ THÀNH CÔNG
2.1
4
Days Direct
- 212,399 ₫/kg
Valid till: 2026-01-17
AN BÌNH EXPRESS
2.6
4
Days Transit
- 97,625 ₫/kg
Valid till: 2026-01-31
MAXTENA SHIPPING&FORWARDING AGENT CO., LTD
2.7
1
Days Direct
- 65,963 ₫/kg
Valid till: 2026-01-10
TTL Cargo Max
2.6
Rail freight
20
Days Direct
- ₫192,610,500 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN VẬN TẢI VÀ THƯƠNG MẠI ĐƯỜNG SẮT
Verified
3.8
3
Days Direct
- ₫11,236,500 / 20'GP
- ₫14,982,000 / 40'GP
- ₫14,982,000 / 40'HQ
Valid till: 2025-09-30
SilverSea Co.,Ltd
2.5
26
Days Transit
- ₫170,836,600 / 40'GP
- ₫170,836,600 / 40'HQ
Valid till: 2024-12-31
WORLDLINK LOGISTICS VIET NAM COMPANY LIMITED
1.8
10
Days Direct
- ₫25,502,000 / 20'GP
- ₫25,502,000 / 40'GP
- ₫25,502,000 / 40'HQ
- ₫25,502,000 / 45'HQ
Valid till: 2024-12-31
VIPUTRANS
1.8
3
Days Direct
- ₫17,620,110 / 40'HQ
Valid till: 2024-10-31
CÔNG TY CP PROSHIP
1.8
Road freight
6
Hour
- ₫3,600,000 / 20'GP
- ₫4,100,000 / 40'GP
- ₫4,100,000 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.5
1
Day
- ₫4,100,000 / 40'GP
Valid till: 2026-02-18
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0.2
9
Hour
- ₫15,039,450 / 20'RF
Valid till: 2025-11-30
Headway Joint Stock Compnay
3.5
2
Day
- ₫60,000,000 / 20'GP
- ₫80,000,000 / 40'GP
- ₫80,000,000 / 40'HQ
- ₫80,000,000 / 45'HQ
Valid till: 2026-10-31
CÔNG TY CỔ PHẦN MORNING LOGISTICS
2
1
Day
- ₫4,500,000 / 40'HQ
Valid till: 2025-09-30
CÔNG TY TNHH LOGISTICS FV
2.5
Request For Quotes
Help you send and receive quotes from Forwarders on the market quickly and efficiently.
See more
