Monday, July 22, 2024

Suparna Airlines and WorldACD Market Data signed MoU

WorldACD Market Data, a leading provider of air cargo market data and insights, is pleased to announce the signing of a memorandum of understanding (MoU) with Suparna Airlines, a prominent player in the Chinese air cargo industry. This strategic partnership will enhance Suparna Airlines’ understanding of the air cargo market dynamics and will further expand […]

January tonnages well up on last year’s levels

Worldwide air cargo demand in January so far remains significantly up compared with this time last year, according to the latest figures from WorldACD Market Data, with tonnages from all the main global regions ahead of last year’s figures with the exception of ex-North America traffic. Freight forwarders continue to report anecdotally that certain cargo owners […]

African airfreight market set to continue growing

The airfreight industry plays a key role in Africa due to the vast and challenging geography of the continent, connecting businesses and supporting economic growth. As opportunities increase and focus increasingly turns to the region, the demand for airfreight services is only likely to grow.  Based on the largest and most comprehensive air cargo database […]

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 […]

Air cargo tonnages and rates on the rise

Global air cargo tonnages showed a positive development in the second full week of September, after stabilising at the beginning of the month, with average rates also on an upward trend, breaking out of the bandwidth that we reported since mid July – between $2.26 and $2.29 per kilo, now reaching $2.31, according to the […]

Late August rebound follows last year’s pattern

Global tonnages increased in the third full week of August, following a similar pattern as last year, mainly driven by Europe rebounding from the holiday season, while rates remained stable, according to the latest figures from WorldACD Market Data. Figures for week 34 (21 to 27 August) show a +4% jump in tonnages compared with the […]

Tonnage drop deepens with European holiday season

The decreasing trend in global tonnages accelerated in the second full week of August, mainly driven by Europe in the midst of its holiday season, while rates remained stable or were even slightly positive, according to the latest figures from WorldACD Market Data. Figures for week 33 (14 to 20 August) show a -5% drop […]

Air cargo tonnages fall further while rates hold firm

Average global air cargo rates have stabilised in the last five weeks at around -37% below their levels this time last year – still being more than +30% above their comparable pre-Covid levels – while the decreasing trend in global tonnages continued into the first full week of August, with volumes around -4% year-on-year, according […]

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 […]

Flat air cargo market continuous through June

Global air cargo tonnages in June show a continuation of the flat trend we have seen since the beginning of the month, while average rates remain on a slightly sliding trend, according to the latest weekly figures from WorldACD Market Data. Figures for week 25 (19 to 25 June) show a slight decrease in tonnages […]

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: Growth shows no sign of slowing in June

Air cargo volumes continue to grow, and WorldACD says the trend shows not indication of tapering off in June. Volumes increased 10.5 per cent on a year-on-year basis in June, and yields measured in US dollars were seven per cent higher, which WorldACD says is a bonus for airlines and a development not reported since […]

WorldACD: fairy tale year for air cargo continues

The fairy tale continued in May for the air cargo industry, according to the latest figures monthly report by WorldACD Market Data. The analyst says in May showed a “formidable” year-over-year (YoY) increase in chargeable weight of 12.8 per cent (13.8 per cent in DTK’s), coupled with a YoY yield rise of five per cent in […]

WorldACD: March growth not seen since 2009/10

An American Airlines Boeing 767 gets loaded at Heathrow Airport

The month of March will be remembered in air cargo for a year-on-year (YOY) percentage growth not seen since the recovery years 2009/2010, according to the latest report by WorldACD Market Data. The worldwide YOY numbers impressive the market analyst says “by any standard” and included a 14.6 per cent increase in chargeable weight (origins Asia Pacific […]