Airfreight analyst sees signs of recovery

CLIVE Data Services, part of Xeneta, said that the global air cargo market ended December 2022 with a fall in chargeable weight of 8% compared with a year ago while the general airfreight spot rate registered its largest year-on-year decline of 35%. However, overall average rates remained 75% above the pre-covid level it said.The 8% fall in global air cargo volumes represented the tenth consecutive month of lower demand, down ... [+]

No Christmas turkey yet for cargo airlines as demand refuses to fly

There’s no sign of an early Christmas for air cargo carriers says Xeneta-owned analyst CLIVE as volume carried declined -8% year-over-year in October – the eighth consecutive monthly fall - and there are no current signals to indicate an upturn in 2023. The drop in demand, measured in chargeable weight, was ... [+]

Airfreight rates touch 2021 levels

General air freight spot rates fell 9% year-over-year in September, to below the 2021 level for the first time this year, according to CLIVE Data services in its weekly data published on 5 October. The analyst, part of Xeneta, said that returning global cargo capacity continued to outpace air cargo volumes. Spot ... [+]

August gives glimmer of hope for global air cargo

August gives glimmer of hope for global air cargo August offered a glimmer of hope for the global air cargo market as the decline in demand of the previous four months slowed and general air cargo rates between Europe and North America stabilized, said CLIVE Data Services, part of Xeneta. After -8% ... [+]

Analyst expects sharp drop in airfreight rates

Seasonally adjusted general air cargo market performance data for July 2022 shows a continued slowing down of volume, load factor, capacity, and rates as economic and political uncertainties hang over the industry, says CLIVE Data Services. In its latest market intelligence CLIVE Data Services, part of Xeneta, shows volumes dropped -9% ... [+]

New capacity fails to budge airfreight rates

Factors which curtailed the growth recovery of air cargo in March continued to impact the industry in April with volumes down 8% year-over-year, says Xeneta’s CLIVE Data Services Rates remained high despite the addition of new capacity, as airlines launched their summer schedules, the analyst explained. The conflict in Ukraine, Covid lockdowns ... [+]

Airfreight – calm before the storm

The global air cargo market continued to catch 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, according to the latest data from CLIVE Data Services. Chargeable weight in February was at -0.7% to the pre-Covid ... [+]

Airfreight volumes droop in December but rates remain high

The prolonged rise in the airfreight market finally came to an end in December, according to industry analysts, CLIVE Data Services. Continuing supply chain issues, congestion on the ground, and concerns over the new Omicron virus suppressed any end-of-year uptick, it said in its latest report, published on 5 January. CLIVE’s latest ... [+]

Air cargo load factors surge again

Air cargo load factors and airfreight rates continued their expected peak season climb in September, said industry analysts, CLIVE Data Services.  CLIVE’s ‘dynamic loadfactor’ – which measures both the volume and weight perspectives of cargo flown and capacity available to produce a true indicator of airline performance – rose to 68% ... [+]

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