Top 10 Companies in the Global Air Freight Market, Driven by Increased Demand for Air Cargo Services

The global air freight market reached volume of nearly 97.92 million metric tons in 2023. The arket is further expected to grow at a CAGR of 12% over the forecast period of 2024-2032. As per the analysis by Expert Market Research, the market is expected to be driven by technological advancements and increase in e-commerce goods trade.

Air  freight package delivery refers to the transportation and circulation of goods by an air carrier which can be commercial or charter, that may leave from hubs for both passenger and cargo aviation. It arrives where aircraft can take off and land. Airfreight is a feasible option to facilitate time-definite shipments to anywhere in the world, with quick delivery alternatives. This can benefit small and intermediate businesses as it enables them quickly and conveniently to participate in international trade.

Companies in express and third-party logistics are expanding their base to offer air cargo services, including complete supply chain management and logistics solutions. They enable businesses to optimize time and cost as perishable commodities, fragile, and high-value items that quickly need to be shipped to vast distances without additional packaging can be transported through air freight.

The air freight market growth is mostly driven by the growing need for quick and effective cross-border goods transportation, the developing e-commerce industry, the rise in international import and export of commodities, and the ongoing development of technology.

Technological advancements are contributing to global air freight market share . For instance, in order to provide near real-time location of high-value cargo and tracking of the commodity as it moves from one airport to another, Cathay Pacific Cargo, under its Ultra Track cargo tracking service, has deployed Descartes CORE Tracking Bluetooth Low Energy readers, tags, and the network at various airports worldwide. This has increased customer satisfaction and decreased costs.

In 2024 , Neutral Air Partner and Cargo iQ partnered in cooperation, revealing the commitment for quality and efficiency in the air cargo sector. Stakeholders in the air cargo supply chain created an IATA interest group known as Cargo iQ with the mission of outlining standards and improving performance and quality in the air cargo industry. Cargo iQ is concentrated on end-to-end supply chain transparency through process standardization and the application of quality benchmarks.

Top 10 Air Freight Companies Globally

Deutsche  Post AG

DHL Group is the number one logistics company in the world. The group connects people and markets and enables international trade. In order to achieve that, DHL Group is accelerating digitalization in all business units while focusing on further strengthening its profitable core logistics businesses. The company is the expert provider of corporate communication solutions, press distribution, and dialogue marketing. It maintains a nationwide distribution and transport network. it also provides commercial services to clients in the USA, the Netherlands, the UK, and Spain, amongst other crucial domestic mail markets.

United  Parcel Service of America, Inc

UPS is the world's largest package delivery company and a leading global provider of specialized transportation and logistics. Under the worldwide brand of UPS, they are the largest single entity operating an alternative fuel vehicle fleet and amongst the most prominent airlines. Therefore, each working day, they deliver shipments from more than 1.6 million shipping customers to 10.2 million receiving customers across over 200 countries and territories. Their average daily package delivery in 2023 was 22.3 million pieces.

FedEx  Corp

FedEx offers a global range of shipping, transportation, e-commerce, and business services that help connect people and possibilities. It offers integrated business applications through the collectively managed operating companies, collectively serving customers with excellent service. FedEx encouraged more than 5,75,000 team members around the globe to have a razor-sharp focus on safety, the highest ethical and professional standards, and the needs of their communities and customers. It is through the 500,000 global team members providing best-in-class customer service that helps in leading the industry.

The Emirates  Group

Skycargo, airfreight branch of Emirates, is one of the biggest international cargos airlines globally. They have their operations center at Dubai International Airport and Dubai World Central. Emirates SkyCentral has their world's supply chains through more than 300 destinations spread across 80 countries and 6 continents. Their position allows them to assist in conducting business more quickly and effectively. They have connected individuals with the things that are important for them by offering a variety of destinations.

Cargolux  International Airlines S.A.

Cargolux is the one of the world's largest all-cargo airlines in Europe. Cargolux assures its products, from standard cargo to special cargo that require careful handling, keen detail, and professional handling. They have very highly trained personnel which meet requirements of even the most demanding of clients. Cargolux has excellent scheduled and charter air freight services which operate throughout the world. They have pricing services like moving precious and urgent commodities to more than 90 destinations.

Schenker  AG

DB Schenker is a leader in logistics and transportation on a global scale. They are known for their commitment in helping companies and sectors for trading the goods around whole world. From land transportation to air and ocean freight, contract logistics, and supply chain management, at every stage of the supply chain, they use their comprehensive approach in being successful. They are located at a pivotal juncture, where the needs of industry and the flow of products converge.

Nippon  Express Co., Ltd.

The Nippon Express Group by leveraging its expertise in logistics was established with the purpose of connecting people, companies, and areas. They have consistently promoted societal progress. Their objective is to move forward to meet the shifting requirements of the globe. They provide cutting-edge solutions at the cutting edge of logistics, without sacrificing safety and keeping a close eye on environmental concerns.

Kuehne +Nagel International AG

Kuehne+Nagel Group is one of the top logistics companies in the world. They are dominating in contract and road logistics and are also leading the world in air and sea logistics. Kuehne+Nagel has been chosen as a logistics partner by 400,000 clients as their logistics partner of choice. They also offer end-to-end supply chain solutions through its extensive worldwide network to multinational businesses and sectors.

DSV  A/S

DSV is known for maintaining supply networks in a constantly changing world. They deliver and oversee supply chain solutions for thousands of organizations, which can range in size from tiny, family-run enterprises to major international conglomerates. With their first-rate Air Charter Network, they offer cargo capacity and with their virtual cargo airline customers can transport valuable items anywhere in the globe.

Hellmann  Worldwide Logistics SE & Co. KG

Hellmann has grown to be one of the biggest suppliers of global logistics. They offer some best solutions for their customers' complicated logistics needs with their high-performance goods through road & rail, airfreight, and contract logistics. They have cutting-edge digital technologies which provide maximum transparency and more effective supply chains. They offer top-notch airfreight services globally by their airfreight network, made up of a well-balanced arrangement of gateways in important markets and local operations.