Turkish Cargo, the cargo division of Turkish Airlines, has reported a remarkable 35% increase in its cargo revenue for the year 2024. The revenue surged to $3.5 billion from $2.6 billion in 2023, driven by strong demand and strategic operations.

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Turkish Cargo reports remarkable 35% revenue growth in 2024
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Turkish Cargo reports remarkable 35% revenue growth in 2024

For the year 2024 Turkish Cargo recorded $3.5 billion in revenue and carried just over 2 million tonnes of cargo.

Freightos reported a 25 percent increase in fourth quarter 2024 revenue at $6.6 million compared to $5.3 million in Q42023 on continued strong growth from the WebCargo by Freightos platform and from customs clearance services.

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Freightos Q4 revenue up 25%, 2024 revenue up 17%
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Freightos Q4 revenue up 25%, 2024 revenue up 17%

Freightos is expecting revenue of $6.7-6.8 million in the first quarter of 2025 and $29-30.6 million for the full year.

Total air cargo tonnage at Schiphol Cargo reached 1.5 million tonnes in 2024, an 8.2 percent increase from 2023.

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Schiphol Cargo reports 8% increase in 2024 on e-commerce push
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Schiphol Cargo reports 8% increase in 2024 on e-commerce push

Air cargo growth also driven by various global geo-political developments and ocean shipping restrictions.

Air Canada reported a seven percent increase in cargo revenue at $991 million for 2024 as against $924 million in 2023.

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Air Canada cargo 2024 revenue up 7% on higher volumes
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Air Canada cargo 2024 revenue up 7% on higher volumes

For the fourth quarter of 2024, revenue was up 20 percent at $293 million.