Global airfreight demand decline deepens
Worldwide air cargo demand has slipped further into decline after showing tentative signs of stabilising in the last two months, with the first full week of April showing the steepest week-on-week drop since the Lunar New Year factory closures in January, preliminary figures from WorldACD Market Data indicate. Following small week-on-week declines in weeks 12 […]
Weakening airfreight trend continues
Global airfreight tonnages continued to soften in the last two weeks, with average global rates also dipping slightly last week, amid a broader pattern of overall tonnage and yield stabilization on a slight and slowing downwards trajectory. Comparing weeks 12 and 13 with the preceding two weeks (2Wo2W), overall tonnages decreased by -2% versus their […]
Global air cargo tonnages and average rates both stabilise
The latest air cargo demand and pricing data provide further evidence of stabilisation following the declines seen throughout much of last year and the annual turbulence around Lunar New Year. Figures for week 11 (13 to 19 March) show a clear stabilization in both worldwide tonnages as well as the global average rate, compared with […]
Global tonnages flatten as average rates further soften
Global air cargo tonnages appear to have stabilized following their post-Lunar New Year bounce-back in recent weeks and their steady decline throughout most of last year, while average rates continue their gradual softening trend, the latest preliminary figures from WorldACD Market Data indicate. Figures for week 10 (6 to 12 March) show a small decrease […]
Global air cargo tonnages rebound while average rates soften
Global air cargo tonnages show signs of rebounding slowly after several weeks of stabilisation – still partly driven by the annual post-Lunar New Year holiday recovery outbound Asia, but against a backdrop of some more-positive recent global economic indicators. However, global average rates seem to be continuing the gradual softening trend observed in previous months, […]
Global air cargo tonnages and average rates continue stable trend
Air cargo tonnages from Asia Pacific recovered strongly in the beginning of February from their annual Lunar New Year holiday downturn, and the following three weeks have shown a worldwide market stabilisation, after months of demand and rate declines, the latest preliminary figures from WorldACD Market Data indicate. Figures for week 8 (20 to 26 […]
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 […]
Early Chinese New Year impacts global air cargo demand
This year’s early Lunar New Year has interrupted air cargo’s normal January recovery, with falling tonnages to and from China and Hong Kong pulling down overall worldwide volumes into a mid-month deficit. In the third full week of January 2023, global air cargo tonnages fell back into a slight decline, following the delayed post-holiday upswing […]
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) […]
End-of-year air cargo demand sees usual seasonal slump
Global air cargo tonnages in the last two weeks of 2022 saw their typical seasonal slump, the latest preliminary figures from WorldACD Market Data indicate, capping a year characterised by a slide in demand and pricing since the end of the first quarter, as markets adjusted to and recovered from the exceptional patterns during two […]
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. […]
No end-of-year upswing in sight for the air cargo market
Global air cargo tonnages have continued to slide downwards at the end of November and the beginning of December, with no sign of any last-minute pick-up in the market ahead of the end-of-year holiday season. Following weak demand in the normally buoyant early weeks of November, figures for week 48 (28 November to 4 December) […]
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 […]
Weak air cargo demand continues into November
There are still no signs of any fourth-quarter (Q4) seasonal uplift in air cargo demand or pricing, with the downward trend of the last several months continuing into the second week of November – when peak season is usually in full flow. Following a steep decline in the week to 6 November (week 44), reported […]
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 rates continue to soften
Global air cargo prices continued their gradual decline in the first two full weeks of September, while volumes increased slightly in the second week after a drop in the first full week, the latest figures from WorldACD Market Data reveal. Looking at week 37 (September 11 – 18) alone, worldwide chargeable weight increased 1% compared […]
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 analyses Q1/2 of 2021
What a difference a year makes: comparing in detail air cargo’s performance for the first six months of 2019, 2020 and 2021 makes for fascinating reading, revealing how some market participants have done relatively well to extremely well, whilst others are not out of the doldrums yet. The month of June 2021 confirmed the trend […]
WorldACD: The saga of falling volumes continues
Yields and volumes fell at double digit rates in October as the saga of declining volumes continues, WorldACD reports. Worldwide air cargo volumes were down 5% while yields in US dollars fell 11% and revenue was 16% lower than in October 2018. As an origin, Latin America was hit hardest with volumes down 10% and […]
WorldACD: Negative results are getting boring
September did not bring any improvements in global air cargo, with worldwide volumes continuing to shrink according to WorldACD. Admitting that the continuous bad news is getting boring, WorldACD reports that worldwide volumes were down 5.4% year-on-year, with yields in US dollars falling 11.5% and revenue by 16.3%. All origin regions suffered, especially Asia Pacific, […]
