Shipments of commercial freight and mail at Ontario International Airport, which measured more than 65,000 tons, decreased 10.3% in March compared with 2022. Cargo tonnage was 9% lower on a year-to-date basis. Even so, ONT continues to outperform the industry as a whole as higher interest rates and slowing consumer demand have impacted shipping volumes.
Worldwide cargo volumes were 11% lower in the first quarter, according to WorldACD Market Data, an Amsterdam-based publishing enterprise which compiles market data for shippers, airlines, airports and others in the air cargo market.
Air cargo(tonnage) | Mar2023 | Mar2022 | %Change | YTD2023 | YTD2022 | %Change |
Freight | 60,440 | 67,795 | -10.85 % | 170,531 | 188,332 | -9.5 % |
5,080 | 5,303 | -4.19 % | 13,951 | 14,208 | -1.8 % | |
Total | 65,520 | 73,098 | -10.37 % | 184,482 | 202,540 | -8.9 % |