All CLIVE Data Services articles
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News
No signs of a peak season as air cargo market remains weak in August
Although air cargo declines have narrowed in recent months there are no signs that the industry will enjoy a peak season despite some expressing hopes of a recovery in the final months of the year.The latest data from Xeneta-owned CLIVE Data Services shows that in August demand in chargeable weight ...
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Winter of discontent predicted as air cargo rates plummet
With volumes down and capacity up, July saw global air cargo rates continue their downward trajectory – foreshadowing a tough winter season for airlines, according to market analysis by Xeneta-owned CLIVE Data Services.“The month of July rarely provides any surprises in terms of unexpected performance levels in the global air ...
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Airfreight market "getting pretty nasty" as rates fall
Airlines are offering lower airfreight rates to avoid losing volumes despite data showing that demand declines have bottomed out.The latest market analysis from Xeneta's CLIVE Data Services shows that in June chargeable weight declined 1% compared with a year ago, while capacity was up 8% and dynamic load factors were ...
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Freight forwarders continue the hunt for market share
Freight forwarders are on the lookout to expand their customer base as market volumes dwindle.Niall van de Wouw, Xeneta’s chief airfreight officer, said freight forwarders are becoming restless with continued reduced demand."There are a lot of ambitious forwarders in the market that want to grow – but they cannot grow ...
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Summer capacity boom hits airfreight rates
Source: XenetaWith the start of Northern Hemisphere airline summer schedules at the start of April, the addition of additional services has meant the addition of significantly more bellyhold capacity in the market.In fact, industry analyst CLIVE Data Services, part of Xeneta, has reported that “a flood of summer bellyhold capacity ...
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CLIVE: Forwarders seek longer term contracts to secure volumes
Growth in longer term contracts between shippers and freight forwarders may reflect moves by the latter to secure air cargo volumes, according to CLIVE Data Services.This shift could indicate a ‘hunt for volume’ by forwarders, said Niall van de Wouw, chief airfreight officer at CLIVE's parent firm, Xeneta.The distribution of ...
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Air cargo capacity rises above pre-pandemic level while industry faces risk of zero growth
Air cargo capacity is continuing to climb and rose above the pre-pandemic level for the first time in four years, according to the latest market analysis from CLIVE Data Services.Global air cargo capacity increased for the eleventh consecutive month in February, up 11% on the same period last year.Meanwhile, global ...
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CLIVE points to continued uncertainty in the air cargo market
Industry analyst CLIVE Data Services has said that global air cargo demand continued to fall in January, down 8% year on year, partly the result of an earlier than normal Chinese New Year and partly due to global economic headwinds.The 8% year on year fall in global airfreight demand in ...
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No signs of Chinese New Year rise in air cargo demand
Any hopes of a surge in air cargo demand ahead of the Chinese New Year/Lunar New Year holiday appear to have faded as economic pressures continue to put the breaks on consumer spending.The two-week holiday this year falls on January 22 but industry players are not expecting to see the ...
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Rates end 2022 on a flat note but ahead of pre-Covid levels
Airfreight rates on key trade lanes ended the year on a flat note, but remain above pre-Covid levels.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that average rates – both contract and spot – paid by forwarders on services from Hong Kong to North America in December ...
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CLIVE: Dig deeper for true air cargo market picture
The air cargo industry is holding its own given the economic pressures it faced last year and despite a consistent drop in demand.According to the latest industry analysis by Xeneta-owned CLIVE Data Services, in December, chargeable weight fell 8% year on year and the general airfreight spot rate registered its ...
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Forwarders stick with short-term deals as air cargo volumes fall
Freight forwarders are continuing to opt for short-term airfreight deals as volumes and rates continue to decline.The latest statistics from Xeneta-owned CLIVE Data Services show that in November air cargo volumes declined 8% year on year and were down 2% on October, while the dynamic load factor - based on ...
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Airfreight peak season looking unlikely as demand falls again
Air cargo volumes declined 8% year on year in October - the eighth consecutive month of decline - and the outlook is equally downbeat.According to Xeneta-owned CLIVE Data Services the market outlook "remains uncertain" and there is also nothing to indicate an upturn next year from its weekly market data.There ...
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'Jumpy' airfreight market sees spot rates fall again
General airfreight spot rates have fallen as the air cargo market faces lower demand and more capacity.According to the latest weekly market data from Xeneta-owned CLIVE Data Services, general airfreight spot rates fell 9% year-on-year in September, to below the 2021 level for the first time this year, as returning ...
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Is air cargo set for a better-than-expected peak season?
The air cargo demand figures for August could signal a better-than-expected end to the year, according to data provider CLIVE Data Services.The latest figures from Xeneta-owned CLIVE show that in August air cargo demand was 5% down on a year earlier, a more modest decline than the 8% and 9% ...
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Air cargo demand drops again in July as dark clouds gather
Air cargo demand fell for the fifth month in a row in July as the industry continues to face a "multitude of disruptions", according to CLIVE Data Services.The Xeneta-owned data provider said that during July air cargo demand dropped by 9% year on year and the dynamic load factor - ...
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Air cargo volumes down again while rates continue to cool
Air cargo demand declined compared with a year ago for the fourth month in a row in June, according to the latest statistics from CLIVE Data Services.Figures from the Xeneta-owned data provider show an 8% year-on-year decline in chargeable weight in June, following on from drops in March, April and ...
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Ground bottlenecks causing higher air cargo rates
High rates in the air cargo industry are caused by bottlenecks in ground handling capacity rather than aircraft capacity constraints.This is according to Niall van de Wouw, co-founder of CLIVE Data Services and now chief airfreight officer at Xeneta, who explained in a TIACA Economics4Cargo airfreight update on June 16 ...
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Cargolux expands on the transatlantic with new Ireland-US freighter service
Source: CargoluxFreighter carrier Cargolux has added a new service from the Republic of Ireland to the US as it builds on a previously ad hoc operation.The flight will operate on a routing of Los Angeles, Seattle and Shannon once per week utilising one of the carrier's B747 freighters. The inaugural ...
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Airfreight volumes fall again in May
General air cargo market volumes fell again in May as the pandemic, Ukraine-Russia war and economic turbulence continued to take their toll.According to Xeneta’s CLIVE Data Services, general air cargo market volumes fell 7% year-over-year in May, following on from declines in April and also in March.Airfreight demand for May ...