Tag: Niall van de Wouw

Global air cargo demand surges 11% in March despite Red Sea disruptions

According to the latest data from Xeneta, the global air cargo market witnessed an unexpected surge in demand, rising by 11% year-on-year for the third consecutive month in March. This growth, fueled by buoyant e-commerce volumes and concerns over disruptions in the Red Sea region affecting ocean...

A ‘strong slow month’ in January pushes air cargo volumes up 10%

Global air cargo volumes rose by a surprise but welcome 10% year-on-year in January as shippers’ concerns over hostilities in the Red Sea and an early Lunar New Year more than compensated for an anticipated post-Christmas drop in ecommerce traffic, according to the latest weekly market analysis by...

Global Air Cargo market shows modest improvement in October, but challenges persist

Global air cargo volumes and spot rates inched up slightly in October, offering a glimmer of hope for airlines and freight forwarders. However, overall demand remained subdued, dampening expectations of a traditional year-end revenue boost, according to the latest weekly market analysis by Xeneta. ...

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...

July demand indicates a ‘winter of discontent’ for airlines and forwarders as global air cargo rates continue to plunge

Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after another month of falling demand in July saw volumes drop -2% month-over-month, and the general global air freight spot rate decline at a hastening pace of 40% or more for a fourth consecutive month, acc...

Tensions rise as nervous air cargo market suffers lowest rates in May since March 2020

Tension is mounting in the global air cargo market heading into the weaker summer months with general airfreight rates falling in May to their lowest level since March 2020 as restless airlines and freight forwarders went in search of volumes, indicates the latest weekly market analysis by CLIVE Dat...

Global air cargo remains in the doldrums as summer capacity floods into market

The global air cargo market may have to ‘hang on until October’ for signs of a recovery after a flood of summer bellyhold capacity on major lanes and a -4% drop in demand in April indicated a challenging 4-5 months ahead, according to new weekly analysis from CLIVE Data Services, part of Xeneta....

‘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...

General air cargo market demand fell for a ninth consecutive month

Freight forwarders are taking a ‘wait and see’ approach before making long-term air cargo capacity commitments as airlines saw demand drop 2% month-over-month in November as general airfreight volumes dipped for a ninth consecutive month, dashing hopes of a late peak season boost, according to t...

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....

‘Dark clouds’ hang over a slowing global air cargo market, as demand drops 9% in July

Seasonally adjusted general air cargo market performance data for July 2022 shows a continued slowing down of volume, load factor, capacity, and airfreight rates as the impact of economic and political uncertainties on world trade continue to hang over the industry. Weekly market intelligence from ...

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...

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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