Tag: CLIVE Data Services

Air cargo demand growth ‘may be a few quarters away’ as August sees spot rates hit their lowest level in over three years

The global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic as another weak summer month saw chargeable weight edge -1% lower for a fourth consecutive month, according to the latest weekly market analysis from CLIVE Data Services, part of X...

August sees spot rates hit their lowest level in over three years

The global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic as another weak summer month saw chargeable weight edge -1% lower for a fourth consecutive month, according to the latest weekly market analysis from CLIVE Data Services, part of X...

‘More common ground’ in stabilising air cargo market, as volume decline slows in March

Longer-term contracts between shippers and freight forwarders may signal ‘more common ground’ in a stabilising global air cargo market which saw demand dip at a slower -3% year-over-year in March, according to the latest weekly market insight from industry analysts CLIVE Data Services, part of X...

Westbound transatlantic air cargo demand up 6% in January

Despite high inflation and falling US retail sales, westbound air cargo volumes between Europe and North America rose 6% year-on-year in January but overall global air cargo demand continued to fall, down -8%, as an earlier Chinese New Year and economic headwinds subdued other major lanes, according...

No peak season in sight as general air cargo market demand dips -8% in October

Christmas didn’t come early for the global air cargo industry as volumes declined -8% year-over-year in October and provided no current signals to indicate an upturn in 2023, as year-over-year demand fell for the eighth consecutive month, according to new weekly market data from industry analysts ...

General spot rates fell 9% in September as lower demand and more capacity impacted a ‘jumpy’ air cargo market

General air freight spot rates fell 9% year-over-year in September, to below the 2021 level for the first time this year, as returning global cargo capacity continued to outpace air cargo volumes, according to the latest weekly market data from industry analysts, CLIVE Data Services, part of Xeneta....

August air cargo data could signal a better-than-expected peak season

Global air cargo market performance data for August offered a glimmer of hope for volumes in the upcoming peak season as the decline in demand seen over the previous four months slowed and general air cargo rates between Europe and North America stabilized, according to the latest weekly analysis fr...

More ‘clouds on the horizon’ as air cargo market gets a glimpse of its post-Covid future

General air cargo market volumes fell -8% year-over-year in May, comparable to April, as the aviation industry’s stuttering recovery was compounded again by macroeconomic events which show no sign of abating, according to industry analysts CLIVE Data Services, part of Xeneta. The latest weekly m...

Wider problems on the ground slow air cargo’s Covid recovery

All the factors which curtailed the growth recovery of the general air cargo market in March continued to impact the industry in April with volumes at -8% year-over-year. Airfreight rates remained elevated despite the addition of new capacity, as airlines launched their summer schedules, accordin...

Macro events take their toll on air cargo’s recent recovery

The war in Ukraine, resulting sanctions and lockdowns in China muted the growth of general air cargo volumes and capacity in March, causing a sudden interruption to the recovery trend of recent months after the peak Covid disruption of the past two years, according to the latest weekly air cargo mar...

New year, same story as global air cargo makes a modest start to 2022

Against a backdrop of continuing market uncertainties, general air cargo volumes in January 2022 recorded a modest 0.1% increase in chargeable weight compared to the opening month of last year, according to the latest industry analysis by CLIVE Data Services. Volumes were also on a par with the ...

Xeneta acquires air freight market data analysts CLIVE Data Services

Xeneta, the leading ocean and air freight rate benchmarking, market analytics platform and container shipping index, has acquired Amsterdam-based air freight data analysts CLIVE Data Services to provide the most timely and comprehensive insights into the global ocean and air freight markets. ...

December air cargo demand dampened by supply chain issues

December demand in the general air cargo market put a final dampener on 2021 peak season volumes as continuing supply chain issues, congestion on the ground, and concerns over the new Omicron virus suppressed any end-of-year uptick, according to industry analysts, CLIVE Data Services. CLIVE’s ...

Congestion on the ground muted air cargo growth in November

Congestion on the ground muted air cargo’s growth in November, with volumes falling by -1.2% versus October, reversing the trend traditionally seen in the peak build-up to Christmas, according to the latest global air cargo market intelligence from industry analysts, CLIVE Data Services. &nb...

Capacity crunch elevates air cargo rates in August

Resilient international demand for air cargo capacity in August versus a shortfall in supply pushed average global air cargo rates up 112% to their pre-Covid level as a local lockdown in Vietnam and the closure of cargo handling terminals at Shanghai Pudong International Airport after a handful of ...

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