All air cargo data articles
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IATA: Air cargo demand beats 2019 levels in January
Air cargo volumes returned to pre-Covid levels in January with demand even increasing compared with 2019 levels for the month.The latest statistics from IATA show that air cargo volumes in cargo tonne km terms were in January up by 1.1% compared with 2019 levels and 6.1% year on year.Meanwhile, capacity ...
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Airfreight rates show signs of improvement in January
Airfreight rates showed signs of improvement in January, but the outlook is clouded by the timing of the Chinese New Year and the impact of the coronavirus.The latest data from Tac Index shows that in January prices on services from Hong Kong to Europe were level with a year earlier ...
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IATA: Pressure appears to have eased on declining airfreight market
IATA's latest airfreight market analysis, which details figures for November 2019, noted that industry-wide freight tonne kms (FTKs) dipped by 1.1% year on year. This marked the 13th consecutive month of year-on-year decline in airfreight volumes.However, November's performance was also the best in eight months, because it showed the slowest ...
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Air cargo showed signs of life as 2019 drew to a close
The air cargo industry began to show signs of emerging from its slump as last year headed towards its conclusion.Data from analyst WorldACD showed that cargo demand in chargeable weight declined by 2.5% in November, an improvement on declines of 6.9% in August, 5.3% in September and 4.7% in October.Meanwhile, ...
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ACI World reports on disappointing October cargo figures
Airports Council International (ACI) World, the representative body for airports around the world, has reported that the retraction in the global air freight industry continued in October, with volumes falling by 2.9% year on year across the world.This was a slight improvement over September’s figure of -4%, however, and quite ...
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Asia-Europe air cargo rates close in on 2018 levels in November
Airfreight rates on the Asia-Europe trade closed in on 2018 levels in November, but transpacific prices for the month still lag behind a year ago.The latest figures from TAC Index show that in November rates on services from Hong Kong to Europe declined by 3.3% year on year to $3.26 ...
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Peak season arrives as Asia-Europe rates take off
Airfreight rates on services between Hong Kong and Europe have started to pick up as the peak season finally gets underway.The latest figures from Tac Index show that in October the average price on services from Hong Kong to Europe reached $2.82 per kg, up from $2.56 in September.While average ...
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Airfreight demand down for the ninth consecutive month
The airfreight market reported its ninth consecutive year-on-year decline in a row in July, according to the latest monthly figures from IATA.The airline association said that freight tonne kms (FTKs) declined by 3.2% year on year in July as the China-US trade war continued to take its toll on the ...
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Air cargo demand declines show signs of slowing in July
Air cargo demand declines appeared to slow in July, but the timing of weekends and holidays may have had an impact on the monthly performance.The latest figures from WorldACD show that air cargo demand declined by 4.2% in July, which is an improvement on the 8.9% fall reported in June.However, ...
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Airfreight rates flat line for summer slowdown
Airfreight rates flat lined in July as the air cargo industry entered the quieter summer months.The latest figures from Tac Index show that average rates on transpacific, Asia-Europe and transatlantic trade lanes for July were all fairly flat compared with the previous month.However, prices do continue to lag behind the ...
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European airports' cargo performance hits seven-year low
In June, European airports registered the largest percentage decline in cargo traffic of the past seven years.Airports Council International (ACI) Europe figures show that cargo traffic at European hubs declined by 7.1% in June, while over the first six months of the year there was a 3.5% decline.Both the European ...
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Air cargo down again in June as signs of a recovery were premature
Air cargo traffic has now declined year-on-year for eight months in a row and signs of a recovery in recent months have turned out to be premature.The latest figures from airline association IATA show that demand in terms of freight tonne kms (FTK) declined by 4.8% year on year in ...
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Air cargo rates take a hit in June
The slowdown in global trade is increasingly taking its toll on air cargo freight rates.According to data provider Tac Index, average rates on transpacific services recorded their biggest decline of the year in June.Prices on the Asia-Europe trade for the month failed to record an increase for the first time ...
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Air cargo continues to face weak market conditions with 'hefty' declines in Asia
The latest figures from IATA have confirmed air cargo continued to face weak market conditions in May.Data from the airline association show that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% in May compared with the same period in 2018.This was a slight improvement on the 5.6% contraction ...
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No recovery in sight for air cargo
The latest figures from WorldACD do not offer any hopes for a recovery in air cargo growth this year, according to the analyst.Figures show that the total chargeable weight of cargo decreased by 5% year on year in May, whilst yields in US dollar terms were down 5.6% on a ...