All CLIVE Data Services articles – Page 2
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News
Disruption continues to hit air cargo as volumes drop again in April
The air cargo industry continues to be buffeted by a range of issues that resulted in volume declines deepening in April, according to figures from CLIVE Data Services.The Xeneta-owned data provider's latest numbers show that air cargo volumes decline by 8% year on year in April following on from a ...
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News
Air cargo demand takes a hit in March but rates stay high
Air cargo volumes in March declined compared with a year earlier as the market was hit by the war in Ukraine, sanctions and lockdowns in China.The latest figures from CLIVE Data Services, which is part of the Xeneta rate benchmarking platform, show that demand for March was 4.5% down compared ...
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Air cargo market close to pre-pandemic levels but uncertainty ahead
The global air cargo market continued catching up with pre-pandemic levels in February as freight volumes, capacity and load factors stabilised close to 2019’s performance, with rates also slowly trending downwards.This is according to the latest data from industry analysts CLIVE Data Services, which found chargeable weight in February was ...
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Insights
Robust demand and rates for Asia-Europe air cargo
Asia-Europe air cargo trade looks set to continue with high rates and demand in 2022, writes Roger Hailey.Turbulence is an understatement when describing the many variables facing air cargo’s Asia-Europe trade lane in 2022.A cocktail of ingredients looms ominously: possible Covid-19 variants shutting down factories as well as airlines and ...
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CLIVE: Marginal air cargo volume increase in January
General air cargo volumes in January 2022 recorded a 0.1% increase in chargeable weight compared to January 2021, according to the latest industry analysis by CLIVE Data Services.While the “global airfreight supply chain remains fragile,” volumes were also on a par with the pre-pandemic January 2019 level at plus 0.2%, ...
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News
Air cargo rates to stay high as challenges remain
Strong air cargo rates are set to continue but capacity and ground handling challenges will continue.This was the takeaway from the World Cargo Summit’s Air Cargo Market Update & Outlook, which focused on the market outlook for 2022 and beyond, hot spots for growth and the outlook for cargo charters.Niall ...
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Xeneta swoops on CLIVE Data Services
Niall van de Wouw of CLIVE Data Services and Xeneta's Patrik Berglund. Source: CLIVE Data ServicesAir and ocean rate data provider Xeneta has acquired airfreight data firm CLIVE Data Services as it looks to meet rising demand.Xeneta said that acquisition comes as the global freight market had been through its ...
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News
Airfreight rates end the year on a high
Airfreight rates on major trade lanes ended the year on a high as supply chains remained under pressure.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average prices from Hong Kong to North America in December reached $12.72 per kg - their highest level of the year ...
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News
Supply chain issues continue to weigh down air cargo growth
Ongoing supply chain issues continued to weigh down air cargo demand growth in December but rates continued to surge.According to figures from CLIVE Data Services, air cargo demand in December - traditionally the peak season - fell by 5% compared with the same month in 2019 (used for comparison to ...
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News
IATA warns knee-jerk Omicron reaction could hit cargo capacity
IATA has warned that cargo capacity could come under pressure if governments adopt a knee-jerk reaction to the Omicron variant.The airline association said that in October cargo tonne kms increased by 9.4% compared with 2019 levels, but added that capacity could be affected by any government restrictions on travel in ...
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News
Air cargo demand wanes as congestion puts the sector under pressure
Congestion on the ground is driving up air cargo rates and clogging up air cargo supply chains.Figures from analyst CLIVE Data Services show that demand decreased in November by 1.2% compared with October, reversing the usual trend of demand rising as the year draws to a close.Mirroring this decline, dynamic ...
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News
Rates surge in October despite 'lower than expected' load factors
Source: CLIVE Data ServicesAir cargo rates surged in October due to shipper fears of a lack of peak season inventory, according to CLIVE Data Services.Figures from CLIVE Data Services show that average rates in October were up by 155% compared with 2019, 37% compared with last year and 10% compared ...
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News
How will the easing of US travel restrictions impact air cargo?
The US will remove travel restrictions for many fully vaccinated passengers in a move that could see cargo capacity increase as a result of more bellyhold operations returning to the market.The country announced today that it will re-open its borders to fully vaccinated travellers from 33 countries on November 8 ...
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News
CLIVE: The only way is up for air cargo load factors
Air cargo load factors began their peak season rise in September and are expected to continue to increase for the rest of the peak.The latest figures from CLIVE Data Services show that the global dynamic load factor, which draws from both weight and space, reached 68% in the last week ...
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News
CLIVE: Vietnam and Shanghai disruptions impact airfreight rates in August
Airfreight rates continued to climb past pre-Covid levels in August, as a strict local lockdown in Vietnam and the closure of cargo terminals at Shanghai Pudong International Airport highlighted the "fragility" of supply chains.In its latest airfreight market analysis, CLIVE Data Services said the "resilient" international demand for air cargo ...
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Insights
CLIVE: Carriers tweak capacity as load factors weaken in July
Air cargo dynamic load factors hit their lowest level since the start of the Covid-pandemic in July as the industry entered the summer slack season, according to the latest figures from CLIVE Data Services.CLIVE data shows that dynamic load factors stood at 66% in July, which is down by three ...
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CLIVE: Air cargo back on track for recovery
Source: CLIVE Data ServicesAir cargo demand returned to growth in June following a drop in May as a result of public holidays.The latest statistics from CLIVE Data Services show that air cargo demand in June increased by 1% compared with the same month in 2019 (used for comparison due to ...
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News
CLIVE: Did the air cargo recovery stall in May?
The recovery of the air cargo market appeared to stall in May, the latest figures from CLIVE Data Services suggest.The data provider's figures show that air cargo demand dropped by 4% in May compared with the same month in 2019 (2019 is used for comparison purposes given last year's volatile ...
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News
CLIVE: Air cargo bounces back in April
Air cargo volumes returned to pre-covid levels in April after a drop off in March while the overall market remains strained, according to the latest statistics from CLIVE Data Services.Figures from the data provider show that cargo tonnages increased by 1% in April compared with the same month in 2019 ...
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News
CLIVE: Air cargo recovery stalls in March but space remains tight
The recovery in air cargo demand appears to have stalled in March, according to the latest statistics from CLIVE Data Services.Figures from the data provider show that volumes in March declined by 3% compared with March 2019 (pre-Covid), while in February demand was down 1% on two years earlier.The early ...
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