xeneta
Global air cargo market demand rose +11% year-on-year for a third consecutive month in March as buoyant e-commerce volumes and concerns over Red Sea ocean freight delivered an unexpected first quarter bonus, according to the latest market data from Xeneta.
In what are typically weaker months of the year for airfreight, the higher volumes outpaced growth in capacity supply in the first quarter of 2024, which increased by +8% year on ...
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The global air cargo market’s surprisingly positive start to 2024 continued in February with a second consecutive month of double-digit demand growth and an uptick in general freight spot rates, said analyst Xeneta in its latest weekly market analysis, published on 6 March.
Following January’s 11% growth in volumes, February saw ...
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Global air cargo volumes rose by a surprise but welcome 10% year-on-year in January as concerns over hostilities in the Red Sea and an early Lunar New Year more than compensated for an anticipated post-Christmas drop in ecommerce traffic, according to the latest weekly market analysis by Xeneta.
With plenty of ...
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Retailers are turning to air freight to keep products on shelves amid the crisis in the Red Sea and Suez Canal says ocean and air freight rate benchmarking platform Xeneta.
Its latest data released on 19 January, shows air cargo volumes from Vietnam to Europe – a major trade route for ...
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Ocean and air freight rate benchmarking and intelligence platform Xeneta has appointed Tonia Luykx as chief revenue officer.
She has worked for businesses including Sift, Google, Dropbox and Amazon, and says: “In terms of the potential to transform how ocean and air freight is bought and sold and how supply chain ...
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The start of 2024 may herald the start of a new economic growth cycle for air cargo after last year ended with a +9% year-on-year rise in demand and the highest general spot rate in nine months, suggests the latest weekly market data analysis by Xeneta.
While geopolitics and cost of ...
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A surge in e-commerce volumes from Hong Kong and China inflated global air cargo demand by +5% year-over-year in November as US and European consumers splashed out on low-cost products, said says Oslo-based analyst Xeneta in its report published in December. However this growth failed to disguise the underlying subdued ...
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The air freight market could see a return of “classic seasonality” in 2024, says Oslo-based analyst Xeneta in its 2024 Outlook.
Chief airfreight officer, Niall van de Wouw, said the coming year “could be an opportunity for shippers to catch their breath after the volatility of the past few years. The ...
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Global air cargo volumes and spot rates edged up marginally in October, but overall demand remained muted, diminishing hope of a traditional year-end revenue boost, according to Xeneta’s latest analysis.
Latest industry data shows a 2% month-over-month improvement in airfreight volumes in October, which was sub-seasonal compared to the previous five ...
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Freight forwarders are taking a ‘wait and see’ approach before making long-term air cargo capacity commitments demand dropped 2% month-over-month in November , says the latest weekly market by Xeneta’s CLIVE Data Services.
Chargeable weight in November was down 8% versus the same month of 2021, although the 1% reduction in ...
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