‘More Common Ground’ in stabilizing air cargo market

Longer-term contracts between shippers and freight forwarders may signal ‘more common ground’ in a stabilizing 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 Xeneta.The distribution of shippers’ contract duration in the first quarter of 2023 saw the number of six-month agreements rise to 36% versus 23% in Q4 ... [+]

December air cargo dampened

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 latest weekly market intelligence shows a ... [+]

Capacity crunch elevates air cargo rates

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 new Covid ... [+]

Airlines continue to micromanage global capacity

After May’s subdued performance, global air cargo resumed its ‘long and winding road’ to Covid recovery in June with a 1% growth in demand versus the same month of 2019, as airlines continued to micromanage cargo capacity, according to the latest industry volume, load factor and rates data from analysts ... [+]

Air cargo volumes bounce back in April

Global air cargo demand bounced back into growth in April after a -3% dip in March, with high load factors keeping the international airfreight system under significant strain as the traditional surge in summer capacity has so far failed to materialize for a second consecutive year, say industry analysts CLIVE ... [+]

Global Air Cargo Volumes End 2020 on a “Relative High”

Despite no traditional peak season for global air cargo demand in Q4 2020, the year ended on a ‘relative high’ in December with the first positive year-on-year growth in weekly volumes in over 12 months, according to the latest industry statistics from analysts CLIVE Data Services and TAC Index. Volumes in the period 21 December 2020-3 ... [+]

Air Cargo’s Recovery Cools in November

Airlines’ hopes of a peak season boost in November failed to materialise with a year-over-year fall in demand of 1% point. This is the first decline in demand since the road to recovery started six months ago, according to the latest industry statistics from analysts CLIVE Data Services and TAC ... [+]

February’s Like-for-Like Analyses Results in Near 9% Drop in Air Cargo Chargeable Weight

Global chargeable weight in February 2020 fell - on a like-for-like basis - by nearly 9% versus 2019 as the air cargo industry suffered the dramatic consequences of the novel coronavirus on world trade. Market analyses by CLIVE Data Services for last month shows that conducting a basic year-on-year ... [+]

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