Forwarders and airfreight shippers seek longer term contracts

Longer-term contracts between shippers and freight forwarders may signal ‘more common ground’ in a stabilising global air cargo market says industry analysts CLIVE Data Services, part of Xeneta. In its report published on 5 April, it said that demand dipped by -3% year-over-year in March. The number of six-month shippers’ agreements rose to 36% versus 23% in the fourth quarter of 2022, a shift which Xeneta chief airfreight officer Niall van de ... [+]

Transatlantic leads the way as airfreight rates droop

Extra summer airline capacity put downward pressure on freight rates, especially on the North Atlantic which has seen a 30% decline over the past three months, said CLIVE Data Services, part of Xeneta. Global air cargo volumes fell again in June, down 8% year-on-year, added the industry analyst. Demand in the general ... [+]

North Atlantic shift is taste of things to come, says airfreight analyst

General air cargo market volumes fell -8% year-over-year in May compared with April, as the aviation industry was again affected by says industry analysts CLIVE Data Services, part of Xeneta. It said that the latest figures also provided a glimpse of how major air cargo markets may perform in a ... [+]

Airfreight market buffeted by geopolitics

The war in Ukraine, resulting sanctions and lockdowns in China muted growth of general air cargo volumes and capacity in March, causing a sudden interruption to the recovery trend of recent months said analyst CLIVE Data Services. Weekly data for March, and up to 3 April 2022, shows volumes compared to ... [+]

CLIVE sees steady start to airfreight’s new year

General air cargo volumes in January 2022 rose by just 0.1% compared with January 2021, said analyst CLIVE Data Services. Volumes were 0.2% up on pre-pandemic January 2019. Cargo capacity in January 2022, compared to the first month of 2019, was down 4% but up 6% versus January 2021, while CLIVE’s ... [+]

Clogged airports hold back airfreight volumes

November’s global airfreight data showed some strange behaviour, says industry analyst, CLIVE Data Services. November’s flown volumes were down 1.2%, compared with October, an unusual trend in itself in the build-up to Christmas, but capacity remained the same while rates went up, said CLIVE’s managing director, Niall van de Wouw. He ... [+]

Retailer demand and airport shut-downs keep airfreight under pressure

Resilient international demand for air cargo capacity in August versus a shortfall in supply pushed global rates up 112% of their pre-Covid level as a local lockdown in Vietnam and the closure of cargo terminals at Shanghai, said analyst Clive Data services. Volumes were up 1% compared to the same month ... [+]

Air cargo market regains its poise

After May’s subdued performance, global air cargo resumed its recovery from the effects of the Covid outbreak in June with a 1% growth in demand versus the same month of 2019, said Clive Data Services. The airlines said that airlines “continued to micromanage cargo capacity” It added that while chargeable weight ... [+]

Airfreight outlook uncertain, say analysts

There is a question mark over airfreight’s market recovery, say analysts Clive Data Services and TAC Index in their latest report. Continued market uncertainties and extended public holidays contributed  to a -4% drop in global demand in May 2021 versus the pre-Covid level in 2019, they said. (To offer a meaningful ... [+]

Airfreight bounces back in April

Global air cargo demand bounced back into growth in April after a -3% dip in March, with high load factors keeping the international airfreight system under significant strain as the traditional surge in summer capacity has so far failed to materialise for a second consecutive year, said industry analysts CLIVE ... [+]

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