Classic seasonality should return next year barring any black swan events, according to the Xeneta Air Freight Outlook 2024.
Global air cargo volumes rise slightly in October but hopes of a traditional year-end revenue boost are fading, according to CLIVE Data Services, part of Xeneta.
Shippers and forwarders are committing to longer-term freight contracts as the air cargo market regains stability, according to CLIVE Data Services, part of Xeneta.
Global air cargo spot rates flattened in August as chargeable weight edge lower for a fourth consecutive month, according to data from CLIVE Data Services, part of Xeneta.
Airlines and forwarders are facing a ‘winter of discontent’ as shippers gain the upper hand negotiating rates, according to CLIVE Data Services, part of Xeneta.
Fear-of-missing-out (FOMO) has created an irrational airline and freight forwarding market, causing spot rates to fall over 40% in June, according to CLIVE Data Services, part of Xeneta.
Airfreight rates fell to their lowest level since March 2020 as airlines and forwarders search for volumes, according to CLIVE Data Services, part of Xeneta.
Global air cargo demand dropped 4% in April and bellyhold capacity flooding back on to the market indicates a challenging few months ahead, according to CLIVE Data Services, part of Xeneta.
Shippers and freighter forwarders are signing longer contracts, signalling more common ground in a stabilising air cargo market, according to industry analysts, CLIVE Data Services, part of Xeneta.
Air cargo market data needs a new baseline as capacity exceeded pre-pandemic levels, according to CLIVE Data Services, part of Xeneta.
Westbound air cargo heading from Europe to North America was up in January but global demand continues to fall, according to CLIVE Data Services, part of Xeneta.
The global air cargo market ended with a win/win outcome for airlines, forwarders and shippers as demand fell, spot rates registered a big fall but average rates remained well above pre-pandemic...