All Xeneta articles
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NewsAir Cargo News’ most read stories in 2024
2024 was a better than expected year for air cargo, according to many stakeholders in the industry. E-commerce and Red Sea-related sea to air demand helped push up volumes, although there were also plenty of challenges throughout the year. Not unexpectedly, the sale of DB Schenker, a milestone e-commerce flight ...
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NewsGrowing demand could see shippers’ air cargo spend rise in 2025
Growing air cargo demand driven by e-commerce and semiconductor volumes is expected to result in another tight air cargo market
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NewsAir cargo demand growth slows but October is a 'whole new ball game'
Air cargo demand growth slowed in September but there is an expectation that US port strikes will put extra pressure on an already busy market.The latest figures from data provider Xeneta show that air cargo demand increased by 9% year on year in September, a strong performance but down on ...
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E-commerce demand not going away despite US clampdowns
The online shopping-fuelled surge in air cargo demand looks set to continue despite US government attempts to tighten import regulations for e-commerce. Niall van de Wouw, chief airfreight officer at analyst Xeneta, said proposed regulations that will expand the types of goods excluded from paying duties under the de minimis ...
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NewsPeak practise as August air cargo spot rates up nearly 25%
Air cargo spot rates were sky high in August as demand and capacity imbalances continued, flanked by additional e-commerce and Red Sea shipping disruption-related demand.Average spot rates showed their largest year-on-year growth of 24%, according to the latest monthly analysis by Xeneta.Global average air cargo spot rates were recorded at ...
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NewsBangladesh air cargo rates still elevated
Air cargo rates out of Bangladesh were still elevated in the last full week of August as a range of issues has hit supply chains from the country over the past year.Data from Xeneta shows that rates from Bangladesh were up 163% year on year in the week ending August ...
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Transpacific air cargo rates pick up in August as firm demand continues
Air cargo rates on the transpacific trade picked up in August as the busy market conditions continued and companies begin to eye what is expected to be a strong peak season.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong ...
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Shippers urged to plan for peak as air cargo could overheat
Shippers have been urged to secure space and make contingency plans as the air cargo market is facing capacity shortages out of key Asian markets during the peak season, according to speakers on a webinar from Xeneta and Tiaca.Speaking on the webinar, Xeneta airfreight analyst Wenwen Zhang pointed to statistics ...
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Forwarders and shippers push for longer term air cargo deals
Freight forwarders and shippers are continuing to push for longer term air cargo deals as they look to avoid potential rate hikes due to the risk of supply chain disruption.A half-year market report from analyst Xeneta shows that contracts of more than six months accounted for 54% of the market ...
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NewsXeneta: strong demand for air cargo drives higher spot rates
The quicker than expected recovery to July’s global IT outage meant that there was no significant ongoing disruption to rates amidst ongoing strong demand for air cargo, according to the latest market analysis from Xeneta.Airfreight rates rose for a sixth consecutive month, with global average air cargo spot rates reaching ...
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Warning of weeks of delays to cargo operations following global IT failure
The IT failure that today grounded airline and airport operations around the world could take weeks to recover from, according to supply chain data firm Xeneta.The disruption resulted in delays to thousands of flights and is understood to have been caused by a Microsoft IT outage triggered by a software ...
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NewsForwarders and shippers brace for Q4 hike in air cargo rates
Airlines are looking ahead to air cargo's fourth quarter peak season to decide how best to maximise returns from capacity out of Asia as spot rates are predicted to go sky high.With a backdrop of more demand and less capacity, industry analyst Xeneta has warned that shippers and forwarders seeking ...
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Ocean and airfreight rate differential narrows
The difference between ocean and airfreight rates has narrowed to its lowest level since the third quarter of 2022 as container supply chains continue to come under pressure.Writing on LinkedIn, data provider Rotate's Tim van Leeuwen and Mels Wittenburg pointed out that on a global level ocean rates are now ...
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NewsWorsening containership market keeps the pressure on air cargo
The recent deterioration in the ocean shipping market could be pushing more cargo to airfreight following the impact of the Red Sea crisis.In its latest market update, data provider WorldACD said that over the last few weeks air cargo demand and rates from Asia Pacific origins "continue to soar well ...
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NewsAir cargo heading for double-digit growth in 2024
Booming e-commerce volumes are propelling the air cargo industry towards a double-digit percentage increase in demand this year, although a US crackdown on online shipments could prove a drag later in the year.The latest figures from supply chain data firm Xeneta show that air cargo demand in May increased by ...
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NewsChina-Latam air cargo capacity under pressure
Capacity on the China-Latin America trade has been coming under pressure due to soaring demand and the trend is expected to continue into the peak season. A market analysis from Xeneta airfreight analyst Wenwen Zhang shows that air cargo spot rates from China to Latin America have ...
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Worsening box line disruption to have limited air cargo impact
Disruption to container shipping operations out of Asia has unexpectedly worsened over recent weeks but the development is expected to have limited impact on air cargo.The last few weeks have seen the return of port congestion and container shipping capacity shortages out of Asia push up ocean freight rates.Figures from ...
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Air cargo looks to index-linked deals in response to a volatile market
Freight forwarders and shippers are increasing the use of index-linked deals due to current industry volatility.Speaking on a webinar from data provider Xeneta and Tiaca, the two organisations said that supply chains were facing unpredictability and elongated transit times in ocean shipping due to the Red Sea crisis.Meanwhile, e-commerce volumes ...
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NewsAir cargo demand growth slows in April while attention turns to Q4
April was the fourth month in a row that global air cargo demand increased by over 11% but the market has begun to slow down after a busy start to the year, according to analysis by Xeneta.Additional belly capacity is affecting the dynamic load factor, air cargo demand as a ...
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NewsAir cargo demand rises 11% in March
Global air cargo market demand rose 11% year on year for a third consecutive month in March and it was no surprise that e-commerce and Red Sea shipping disruption helped propel volumes.Releasing its latest analysis, Xeneta said that the higher volumes seen in the first quarter of the year have ...