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Shippers relaunching airfreight contract negotiations to push rates down
4 Aug 2023 1:11 PM ISTLast month saw a 7% YoY capacity recovery as airlines’ summer schedules stepped up to meet heightened passenger traffic.
Global airfreight spot rate fell 40% YoY in May, lowest since Mar 2020
7 Jun 2023 8:00 PM ISTShippers are the dominant players in the market right now, as freight forwarders and airlines are nervous of missing/losing the volumes that are...
Global air cargo market demand dips by 8% in October
3 Nov 2022 5:22 PM ISTGlobal airfreight spot prices fell below last year's level for the second month in a row in October. The slight increase in week 3 was mostly due to...
August air cargo data early signal of volumes, rates picking up again
7 Sept 2022 7:09 PM ISTAfter -8% and -9% year-on-year falls in demand in June and July 2022, August volumes were a more modest -5% adrift of the August 2021 level, and -4%...
Xeneta acquires air freight market intelligence provider CLIVE Data Services
27 Jan 2022 3:44 PM ISTXeneta has acquired Amsterdam-based air freight data analysts CLIVE Data Services. CLIVE’s managing director, Niall van de Wouw will be joining Xeneta...
What reversed traditional trend for global air cargo this November?
3 Dec 2021 11:04 AM ISTCongestion on the ground muted air cargo’s growth in November, with volumes falling by -1.2 percent versus October, reversing the trend traditionally...
Air cargo loadfactor growth in Sept marks unusual peak season start?
7 Oct 2021 3:40 PM ISTGlobal air cargo analyst CLIVE Data Services announced that dynamic loadfactor rose to 68 percent in the last week of September, compared to 64...
Global air cargo rates report 112% surge vs pre-Covid levels in August
2 Sept 2021 3:05 PM ISTSeptember 2, 2021: Resilient international demand for air cargo capacity in August versus a shortfall in supply pushed average global air cargo rates...