All WorldACD articles – Page 3
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NewsWorldACD figures highlight a changing air cargo market in 2020
The extent of the air cargo market's move away from bellyhold capacity in favour of freighters and the affect on rates have been highlighted in new statistics from WorldACD.Figures from the data provider show that from key markets, belly capacity decreased by an average of 51% year on year in ...
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NewsWorldACD: Air cargo demand dips in November but rates rise
Air cargo's gradual demand recovery slowed in November, but there were signs that volumes were picking up again in December, according to data provider WorldACD.The company's data for the month of November shows that in "a year like no other" volumes declined by 12.6% year on year but rates experienced ...
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NewsMarket recovery slows in early November
The air cargo market's gradual recovery appears to have slowed in the first two weeks of November as demand and load factors plateaued, according to WorldACD data.Figures for the first half of the month show that volumes stood at 48% of the October total, meanwhile the average load factors for ...
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Air cargo demand continued to rally in September
Air cargo demand continued its gradual recovery in September with figures heading back towards year-ago levels, according to data from WorldACD.Figures from the data provider show that demand in September was down 12.5% year on year, which brings "some reason for optimism". This compares with a 33% decline in demand ...
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NewsAirfreight rates out of Asia head back to early summer levels
Airfreight rates between Shanghai and North America last week reached their highest level since early June.The latest Tac Index figures show that average prices on services from Shanghai to North America increased by 26.2% week on week to reach $6.07 per kg.Meanwhile, prices from Hong Kong to Europe have climbed ...
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NewsWorldACD: Normality in air cargo still a long way off
The latest data from WorldACD suggests that normality is still a long way off for the air cargo industry.The data provider said that the demand side of the industry was slowly improving, with volumes in July up 8.2% compared with June.However, demand is still down by 18.5% year on year, ...
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NewsWorldACD: Airfreight rates pushed up by capacity crunch in H1 2020
The latest figures from WorldACD show that although airfreight demand decreased by 18% year on year in the first six months of this year, the capacity shortage from mid-march caused revenues to increase by almost 21%.WorldACD said the capacity crunch led to the average airfreight rate for transporting 1km of ...
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NewsGuarded optimism as air cargo volumes improve in May
WorldACD May 2020 figuresThe air cargo market showed some signs of improvement in May although a full rebound is not expected soon, according to analyst WorldACD.The analyst said that worldwide, chargeable weight carried by air, decreased by 29% compared with May 2019, which is an improvement on the 34% drop ...
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NewsFigures highlight extent of air cargo's move to freighters
The latest figures from WorldACD have confirmed expectations of a near 20% decline in cargo demand in March, but have also highlighted the extent that the industry has increased its use of freighter aircraft since the coronavirus outbreak.Figures from the data provider show that the number of flights performed with ...
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NewsWorldACD: March, a month like no other in air cargo history
WorldACD has outlined that after the 2.7% drop in airfreight demand that it reported in January/February, March saw a decrease in chargeable weight of 17.7%, despite the first week of March being the best-performing this year so far.The Asia Pacific and the Americas regions fell least, with -12% and -17% ...
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WorldACD highlights impact of "corona effect"
Ahead of its full results for February, which will be released in two weeks' time, WorldACD has released preliminary figures for the month, which it says give an outlook on the "corona effect" when combined with January's figures.The analyst explained: "Looking at February in isolation leads to an incomplete picture ...
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WorldACD: January figures reflect impact of Chinese New Year
WorldACD has confirmed expectations "that the year on year figures for January would be negative".In its latest report, the analyst notes that chargeable air cargo weight dipped by 5.8% in January year on year and it suggests that the timing of Chinese New Year, which took place at the end ...
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Worldwide cargo revenues fell 11.7% in 2019
December 2019’s worldwide air cargo chargeable weight fell 1.7% year on year (YoY) while 2019 full year dollar revenues dropped 11.7% over boom year 2018.The December volume figure was the smallest decrease since January 2019, but in its latest market data report, Netherlands-based analyst WorldACD said: “The year ended with ...
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NewsAir 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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NewsAir cargo volumes down again in October
The latest figures from analyst WorldACD show that cargo volumes declined on a year earlier for the twelfth month in a row in October.WorldACD said the industry as a whole saw total chargeable weight decline by 5% year on year during the month, with general cargo slipping by 8.2% on ...
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NewsTurkish Cargo draws attention to positive September
Turkish Cargo has highlighted the latest data available to it from WorldACD, which shows that Turkish Cargo’s freight volumes increased by 8.8% in September, while the global air cargo market as a whole shrank by 5.4% in volume terms.Turkish Cargo said that, according to that WorldACD data for September, it ...
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WorldACD: Special cargo bucking the trend
Analysis from WorldACD indicates airfreight volumes for September 2019 are similar to that of the previous six months, with a 5.4% decrease in volumes and a 6.1% direct ton km (DKT) decrease.However, special cargo is playing an ever-more important part in differentiating airfreight markets as demand in general remains weak.Over ...
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NewsAir cargo hits the ground with a bump in August
The air cargo industry was brought back to earth in August as freight volumes declined by 7.1% compared with a year earlier.Analyst WorldACD said that in July, there had been some hopes that air cargo could be on the road to recovery as it posted a decline of 4.2%, ...
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Air cargo suffers ‘onslaught’ in June, says WorldACD
Data from air cargo market analyst WorldACD shows a decline in global airfreight volumes of 8.9% in June, compared to the same month of 2018.The load factor dropped 3.3 percentage points and yield also fell, by 6.3%. As a result, WorldACD said airlines suffered a year-on-year fall in revenues of ...
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NewsNo 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 ...
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