All Data articles – Page 5
-
NewsXeneta doubts air cargo demand improvements will be long lived
Air cargo volumes were boosted by seasonal e-commerce demand from Asia in November, but Xeneta is doubtful the industry will see sustained stronger demand.November was the first month this year that saw demand outstrip supply, but, echoing IATA's concerns, the rate analytics platform said global airfreight capacity will likely continue ...
-
NewsIATA predicts a 4.5% rise in air cargo volumes in 2024
IATA is expecting air cargo demand to increase by 4.5% next year while pressure on rates is expected to bring down revenues for the sector.The airline association said the projection of a cargo tonne km increase next year comes on the back of the International Monetary Fund's prediction of a ...
-
NewsIATA: Air cargo optimism to be balanced with caution
Air cargo traffic increased year on year for the third month in a row in October, but IATA has warned that optimism over the improvements should be balanced with caution.The latest figures from the airline association show that cargo tonne kms (CTK) increased by 3.8% year on year in October, ...
-
News
Demand up for Asia Pacific airlines in October
Asia Pacific airlines saw increased international air cargo demand in October ahead of an anticipated Christmas e-commerce boost."Despite some moderation in trade activity, October saw Asia Pacific airlines post a 3.2% increase in international air cargo demand as measured in freight tonne kilometres (FTK), when compared to the depressed volumes ...
-
NewsRotate launches free air cargo capacity tool
Ryan Keyrouse. Source: RotateData provider Rotate is offering a live air cargo capacity tool that air cargo company users can access for free.The tool contains live updated flight data from thousands of airlines, more than 9,000 airports and over 200 aircraft types and allows users to see the amount of ...
-
InsightsTop 20 Cargo Airports: Hong Kong leads the way in a tough 2022
In the wake of Covid-19, other challenges are still hampering air cargo growth. But some of the world’s busiest airports are bullish nonetheless, and are backing their vision for the future with substantial investments (see the top 20 table at end of article).Figures published by Airports Council International (ACI) World ...
-
NewsHopes diminish for an air cargo peak season boost
Hopes of a surge in air cargo demand towards the end of the year diminished in October as the latest data showed only a slight uplift in demand.The latest figures from data provider Xeneta show that air cargo demand increased 2% in October compared with September which is described as ...
-
NewsAirfreight rate rises pick up pace in October
Source: Baltic Exchange Air Freight Index (BAI) powered by TAC Data Copyright: Baltic Exchange. Chart created by Air Cargo NewsAirfreight rates on major east-west trades picked up in October as the industry entered its traditional peak season (see dashboard at end of article). The latest figures from the Baltic Exchange ...
-
NewsAre recent air cargo improvements the start of a full market recovery?
There is no doubt that the air cargo industry has seen some improvement over the last few weeks but there is debate over whether this represents the start of a full recovery for the market.The latest rate figures indicate a tightening of supply and demand with last week's numbers from ...
-
NewsAir cargo improvements push shippers to longer term deals
The air cargo market continued to find its way out of the doldrums in September, resulting in an increase in longer term deals.The latest figures from Xeneta show that air cargo volumes in September were flat on a year ago and spot rates were down by 34% - the lowest ...
-
InsightsTop 25 air cargo carriers: Cargo airlines tackle tough times
Cargo carriers faced multiple challenges to business growth in 2022, a year that presented a dramatically different operating landscape to 2021 (full chart at end of article).2022 proved to be a testing year for air cargo carriers following the boom years of the pandemic.The start of the Ukraine-Russia war had ...
-
NewsIATA: First air cargo demand growth in 19 months
IATA has delivered some positive news for the airfreight industry with new data that shows year-on-year air cargo demand grew for the first time in 19 months, but it said the trajectory of global trade is a concern.As part of its air cargo market analysis for August, the industry body ...
-
NewsAirfreight rates continue to rise in September
Airfreight rates finally showed signs of improvement in September (see dashboard at end of article) and further increases have been recorded in the first week of October.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates - spot and contract - paid by forwarders from Hong ...
-
NewsSpecial cargo volumes a bright spot in overall market declines
The transport of special air cargo products has been the bright spot in a depressed air cargo market over the first eight months of the year.Statistics from WorldACD show that the verticals vulnerable/high-tech (+7%); valuables (+2%); perishables (+4%) and live animals (+5%) have all recorded improvements in volumes in the ...
-
News
More signs of a 'firmer' air cargo market
There were further signs that the air cargo market was firming up last week after more than a year of demand declines.The latest weekly figures from data provider TAC Index show that the overall BAI airfreight rate index last week increased by 4.8% on the previous seven days.Meanwhile, the year-on-year ...
-
News
Is the air cargo market finally showing signs of improvement?
Emerging reports suggest that the air cargo market may finally be showing signs of a slight improvement after a year and a half in the doldrums.The latest market report from data provider WorldACD shows that air cargo demand last week increased by 4% on the previous seven days, which itself ...
-
NewsNo 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 ...
-
NewsAir cargo declines continue to narrow in July
Declines in air cargo volumes narrowed to their lowest level of the year so far in July as the market continued to show signs of bottoming out.The latest figures from IATA show that in July air cargo traffic in cargo tonne km (CTK) terms fell 0.8% year on year - ...
-
NewsMajor Hong Kong trades see airfreight rates stabilise in August
Major trades out of Hong Kong and Frankfurt saw airfreight rates stabilise in August after months of declines [see dashboard at end of article].The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average prices paid by forwarders - both contract and spot - on services from Hong ...
-
NewsFrankfurt finally reports cargo increase... thanks to a difficult July 2022
Europe's busiest cargo airport Frankfurt has reported its first year-on-year increase in cargo volumes in 19 months.The German hub in July registered a 2.3% increase in cargo volumes compared with a year earlier as volumes reached 164,503 tonnes.This is the first time Frankfurt has registered an increase in its monthly ...