‘Less bumpy’ global air cargo market lifts volumes
Increasing shipper and freight forwarder confidence in a more stable global air cargo market led to a higher commitment to longer-term freight contracts in September as a drop in capacity and traditional month-over-month seasonality pushed volumes up +6%, according to the latest weekly performance data from CLIVE Data Services, part of Xeneta. The number of […]
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 to the latest weekly market intelligence from CLIVE […]
A ‘glass half full’ for all air cargo stakeholders as 2022 bows out with less demand and lower rates
A turbulent 2022 for the global air cargo market ended in December with a ‘win/win’ outcome for airlines, forwarders and shippers as chargeable weight fell -8% on a year ago and the general airfreight spot rate registered its largest year-on-year decline of 35%, but overall average rates remained 75% above the pre-covid level, according to […]
General air cargo market demand fell for a ninth consecutive month in November
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 the latest weekly market by CLIVE Data Services, part of […]
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 stabilised, according to the latest weekly analysis from CLIVE Data Services, part of […]
General air cargo market drops 9% in July versus 2021
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 continues to hang over the industry. Weekly market intelligence from industry analysts, CLIVE Data Services, now part of Xeneta, shows […]
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 new COVID cases, demonstrated the fragility of […]
‘Slack season’ is short-lived in July
Global airlines managed the traditional ‘summer slack season’ for air cargo space in July by constantly tweaking capacity levels to address flat demand during the month versus pre-Covid levels. New industry volume, loadfactor and rates data from analysts CLIVE Data Services and TAC Index also highlight airfreight rates lagging two weeks behind changes in the […]
Air cargo recovery back on track
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 CLIVE Data Services and TAC […]
Is air cargo on the up? Global volume dips -4% in May
Continued market uncertainties and (extended) public holidays contributed to a -4% drop in global air cargo demand in May 2021 versus the pre-COVID level in 2019, according to the latest industry volume, load factor and rates analysis by CLIVE Data Services and TAC Index. To offer a meaningful perspective of the air cargo industry’s performance, […]
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 materialise for a second consecutive year, say industry analysts CLIVE Data Services and TAC Index. […]
Is COVID fatigue dampening air cargo’s recovery?
The New Year recovery in global air cargo volumes stalled in March as volumes fell -3% versus comparative data for March 2019, but reduced airline capacity levels saw the ‘dynamic loadfactor’ and prices remain ‘relentlessly high,’ according to the latest market data from industry analysts CLIVE Data Services and TAC Index. To give a meaningful […]
Global air cargo volumes recover to pre-COVID level inside 10 months
A robust global air cargo market has virtually completed its recovery to pre-COVID volume levels inside 10 months, according to airline performance data for February 2021 from industry analysts CLIVE Data Services and TAC Index. For the four weeks of last month, chargeable weight stood at just -1% compared to February 2019 and was 2% […]
Strong start to 2021
Exceptional global air cargo load factors in the last two weeks of January saw 2021 begin with an unusual New Year ‘peak season’ as demand and supply were closely matched, according to the latest weekly market data from industry analysts CLIVE Data Services and TAC Index. CLIVE’s ‘dynamic load factor’ analyses for the first four […]
COVID insecurities threaten cargo’s recovery
As many countries head in to a second lockdown in a bid to curb the second wave of COVID-19, questions loom of the impact this will have on the global air cargo market. The market has maintained a slow, six-month recovery in October but the industry will be waiting cautiously to see if a sudden […]
Air cargo shows improvement for fourth consecutive month
The gradual route to recovery to pre-COVID market conditions continued for the global air cargo industry in August for a fourth-consecutive month, according to fresh volume and yield data from two of the industry’s leading analysts, CLIVE Data Services and TAC Index. Year-on-year growth for the full four weeks of August showed a further narrowing […]
TIACA joins forces with CLIVE Data Services
TIACA will deliver the latest market and route analyses to its members after signing an intelligence sharing agreement with CLIVE Data services, creators of the new ‘dynamic load factor’ analyses. “As part of the transformation of TIACA, we are promising to deliver more content to our growing membership – but only content of value to […]