All Seabury articles
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NewsShanghai PVG air cargo capacity drops by two thirds in April
Air cargo capacity out of Shanghai has been reduced to just a third of its level last year in response to the city wide lockdowns that have caused production to grind to a halt.The latest statistics from Accenture's Seabury Consulting show that in the first two weeks of April, cargo ...
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NewsNE Asia-Europe capacity drops more than 20% due to Ukraine crisis
Air cargo capacity on the north east Asia-Europe trade lane has dropped 22% since the end of February when the Russian invasion of Ukraine began, according to the latest figures from Accenture's Seabury Consulting.The consultant compared capacity on the trade between March 12-18 with February 19-25 as it has taken ...
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NewsDeclining rates add to pressure on cargo-only PAX flights
Freight rates out of China continued their return to normal seasonal levels last week, putting further pressure on the use of passenger-freighter flights.The latest figures from TAC Index show that average rates from Shanghai to Europe last week declined by 30.8% week on week to $3.70 per kg. Prices are ...
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Air cargo rates and capacity on the slide as PPE demand weakens
Airfreight rates and capacity both declined last week as demand for the transportation of personal protective equipment (PPE) continues to slow.The latest figures from TAC Index show that airfreight rates from Shanghai to North America declined by 12.8% week on week to $5.06 per kg, while from Hong Kong to ...
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NewsAirfreight rates continue to decline on key trades
Airfreight rates out of Shanghai continued on a downward trajectory last week as air cargo capacity on key routes remained steady.The latest figures from TAC Index show that average airfreight rates between Shanghai and North America last week dropped by 29.6% compared with a week earlier to $7.62 per kg.This ...
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NewsAir cargo capacity slides as airport congestion slows operations
The gap between air cargo capacity in 2020 and last year has grown again as airport congestion has slowed freighter operations.The latest data from Accenture's Seabury Consulting shows that global air cargo capacity was last week 28% lower than a year ago. Last week the figure stood at 25%.The decline ...
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Transpacific airfreight capacity now ahead of last year
Cargo capacity on the transpacific trade lane is now higher than it was a year ago.Figures from Seabury Consulting, part of Accenture, show that metric tonne cargo capacity from Asia Pacific to North America was last week 18% higher than a year ago, while in the opposite direction space for ...
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NewsAmazon, e-commerce opportunity, not a threat
L-R: Roger Hailey (editor Air Cargo News), Brendan Sullivan, Ross Marino, Fatih CigalAmazon’s move into logistics should be seen as an opportunity not a threat, according to panellists at the Air Cargo News Conference 2019.“Some air cargo players are already benefiting from working with Amazon and others are looking at ...
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NewsAsian air cargo faces short-term turbulence
IATA World Cargo Symposium 2019The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines.Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months.He said the US-China trade war ...