xeneta

A flying start to 2025 but will airfreight come back down to earth?

The global air cargo market cruised into 2025 on the back of 14 consecutive months of double-digit growth in demand as volumes climbed +11% year-on-year in December and average spot rates finished the year +15% higher, said industry analysts Xeneta. While Xeneta is forecasting demand growth of +4-6% in 2025, chief airfreight officer, Niall van de Wouw says “cautious optimism remains tempered by susceptibility to geopolitical tensions, a subdued manufacturing outlook, ... [+]

Air cargo industry should be proud as it avoids pricing ‘super-peak’

Global air cargo demand showed no signs of slowing in November as volumes recorded a 13th consecutive month of double-digit growth and load factors hit their highest level since April 2022, according to the latest market analysis by Xeneta. Demand rose +10% year-on-year in November, fuelled by the continued boom in ... [+]

Summer’s not over yet for air cargo market

The global air cargo market’s hot summer continued in August with average spot rates showing their largest year-on-year growth of +24%, according to the latest weekly analysis by Xeneta. Global average air cargo spot rates of US$ 2.68 per kg in August were boosted by continuing supply and demand imbalance. August's ... [+]

Air cargo market shrugs off IT woes

July’s Crowdstrike IT outage produced no significant ongoing disruption to resurgent air cargo demand, with rates rising for a sixth consecutive month, says market analyst Xeneta. Global average air cargo spot rates reached US$2.66 per kg in July, 20% higher year-on-year. This was again driven by strong global cargo demand growth. ... [+]

CrowdStrike fallout set to tighten freight rates – updated

The CrowdStrike failure that led to global IT outages across the world on 19 July could have a longer-term impact on the logistics industry, says an airfreight rates expert. While news channels reported on 22 July that many of the computers and other devices that had been affected were now back ... [+]

Calm before the storm for airfreight rates

Air cargo is heading for a hot fourth quarter of rate increases after a sixth straight month of double-digit growth in June, says analyst Xeneta in its latest report. It warns that shippers and forwarders ill-prepared for this year’s peak season may find themselves “at the mercy of the market”. Demand ... [+]

Global air cargo set for double-digit growth in 2024 

The global air cargo market is on a pathway to double-digit growth in volumes in 2024 after a +12% year-on-year jump in demand in May, according to the latest data analysis by Xeneta. Despite conservative, low single digit forecasts at the end of last year, expectations have been boosted by six ... [+]

Air cargo market soars on wings of a black swan

The impact of air cargo’s ‘black swan’ event – the conflict in the Red Sea that has disrupted shipping – showed signs of easing in April but volume growth still registered the fourth straight month of +11% increases in global air freight demand, according to the latest weekly data analysis ... [+]

Air cargo market springs a March surprise

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, ... [+]

Late winter surprise for air cargo market

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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