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The economy used less air freight per dollar of GDP in 2024 than in 2003 or at its 2021 peak

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US
The economy used less air freight per dollar of GDP in 2024 than in 2003 or at its 2021 peak
Ton-miles of freight and mail on all-cargo flights (aircraft with no seats) per billion dollars of GDP, by quarter from 1990 Q1 to 2025 Q3. Levels before 2002 Q4 are understated, so the comparison uses whole years from 2003
Data through 2025 Q3
airtraffickonomics.com

Since reporting coverage settled, freight on all-cargo flights per dollar of output has fallen below its level of two decades ago and well below its pandemic peak. Freight in passenger holds is not counted here.

What this shows: The chart covers 1990 Q1 to 2025 Q3 and its vertical axis shows Ton-Miles per $B GDP. The latest value is 516,800. Data run through 2025 Q3.

Conditions and method

The freight series is ton-miles of freight and mail on all-cargo flights (aircraft with no seats). Freight carried in the holds of passenger aircraft is not in it, so the chart describes all-cargo flying and not air freight as a whole; a change in it can also reflect freight moving between all-cargo and passenger aircraft.

T-100 did not cover domestic all-cargo flying, FedEx included, before 2002 Q4.

How these numbers are made

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