Wednesday, June 19, 2024

Golden Week pushes down early October airfreight tonnages

Global airfreight tonnages dropped significantly in the first full week of October compared with the previous week, according to the latest figures from WorldACD Market Data, with the decrease mainly caused by the seasonal effect of China’s National Day Golden Week holiday from 29 September to 6 October. Weekly analysis Figures for week 40 (2 […]

Special air cargo verticals see continued growth in 2023

While general cargo tonnages have fallen in all of the main world origin regions, WorldACD highlights a number of areas recording tonnage increases during the first 8 months of 2023, including certain important product categories, origin points, and world regions or sub-regions Special air cargo product verticals have continued to record growth in the first […]

North Africa tops air cargo growth

Analysis by WorldACD highlights areas recording ongoing growth and interesting demand and pricing patterns in the second quarter and first half of 2023 North Africa is among just a handful of global air cargo origin subregions to record growth in the first half of 2023, according to analysis by WorldACD Market Data, amid a wider […]

Strong demand recovery after Lunar New Year

Global air cargo tonnages recovered at the end of January and the beginning of February, as expected after the early Lunar New Year this year, but the increase was significantly stronger than in the equivalent period last year, the latest preliminary figures from WorldACD Market Data indicate. Figures for week 5 (30 January to 5 […]

No upswing in demand for airfreight at the start of 2023

Global airfreight tonnages have shown no sign yet of a post-holiday season recovery in 2023, whereas last year there was already an upswing by the end of the first week, the latest preliminary figures from WorldACD Market Data indicate, consistent with a continued softening of market conditions. Figures for week 1 (2 to 8 January) […]

Air cargo demand drops strongly further as holiday season starts

In the week in which the holiday season started, global air cargo tonnages have dropped strongly, as is typical for this time of the year. However, despite the weakening trend in air cargo tonnages, this year’s decline at the beginning of the holiday season is smaller than last year, the latest preliminary figures from WorldACD […]

Global air cargo demand drops further in disappointing December

Global air cargo tonnages have dropped further in December, during the final weeks and days of what would normally be peak season, the latest preliminary figures from WorldACD Market Data indicate, led by a significant decline in Asia-Europe volumes, as the year fizzles out to a disappointing end for carriers and forwarders. Figures for week […]

Tonnages continue to slide while rates remain stable

Global air cargo tonnages have continued to slide downwards in the first full week of December, while the overall average rate remained stable, ahead of the end-of-year holiday season. Figures for week 49 (5 to 11 December) are consistent with the slow progressive slide in air cargo demand throughout the second half of this year. […]

Air cargo tonnages continue decline while rates stabilise

Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in the last full week led by falling volumes to and from North America. Figures for week 47 (21 to 27 November) show a significant overall drop of -8% in […]

No signs of any Q4 air cargo peak this year

Global air cargo volumes have remained stubbornly flat in the last two weeks after dropping in the first few days of November, with this year’s fourth quarter (Q4) more of a plateau rather than the usual seasonal peak, the latest preliminary figures from WorldACD Market Data indicate. At a time when air cargo’s annual peak […]

Rates and tonnages stabilise in global negative trend

Air cargo prices and tonnages appeared to stabilise, week over week, in the second full week of October, but the overall trend for the last five weeks is clearly negative, the latest figures from WorldACD Market Data reveal, with no signs yet of a significant fourth-quarter (Q4) peak season. Looking at week 41 (10 – […]

Air cargo rates and volumes decline further

Global air cargo prices and volumes continued to decline, the latest figures from WorldACD Market Data reveal. Looking at week 40 (3rd – 9th October) alone, worldwide chargeable weight dropped 9% compared with the previous week, based on the more than 350,000 weekly transactions covered by WorldACD’s data. Comparing weeks 39 and 40 with the […]

Rates stabilise but volumes remain weak

Global air cargo prices, which have been gradually declining in recent months and weeks, stabilised in the latter part of September and the first few days of October, although volumes show signs of a continued weakening trend – with no clear signs yet of a fourth-quarter peak season – the latest figures from WorldACD Market […]

Air cargo tonnages drop again

Worldwide air cargo tonnages dropped again in the first full week of September after recovering somewhat in the previous two weeks, the latest figures from WorldACD Market Data reveal, with no clear signs yet of a post-summer, pre-peak revival. Looking at week 36 (September 5 – 11) alone, worldwide chargeable weight decreased 5% compared with […]

Air cargo tonnages stabilised

Worldwide air cargo tonnages dropped again slightly in the final few days of August and into early September after rebounding in the last full week of last month, the latest figures from WorldACD Market Data reveal. However, on a two-week basis they stand slightly above their levels in mid-August – suggesting a possible stabilisation of […]

Air cargo volumes and rates increased at the end of August

Worldwide air cargo tonnages have increased in the last week of August. This follows three consecutive weeks of declines since the beginning of August, the latest figures from WorldACD Market Data reveal. A similar pattern as last year in August, although this year the decline has been stronger. Looking at week 34 (August 22-28), worldwide […]

Global air cargo tonnage and prices continue decline

Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial recovery in the second half of July, the latest figures from WorldACD Market Data reveal. Looking at week 32, worldwide chargeable weight decreased 5% compared with the previous week, and […]

Air cargo tonnages and rates are both stabilising

Global air cargo flown tonnages continue to remain stable in the last two weeks compared to the preceding two weeks, while the previously reported softening trend of the worldwide average rates seems to have halted last week, the latest figures from WorldACD Market Data show. Looking at week 31 (August 1-7), worldwide chargeable weight decreased […]

Air cargo demand and rates continue to slide

Global air cargo rates and volumes have continued their gradual overall decline in the last few weeks despite a broadly stable capacity environment, the latest figures from WorldACD Market Data reveal, as air and ocean freight demand experience a slack period after two relentlessly frenetic years. Looking at the week of July 18th to 24th […]

WorldACD: few bright spots in a slow market

WorldACD says March offered some “hope of a change for the better” in a few of the world’s air cargo markets, but year-on-year (YOY) yields in US dollars still dropped by 18 per cent. The industry market analyst says although YOY volumes dropped by 0.9 per cent worldwide, the flows from Asia Pacific to Europe and […]