The surprisingly strong start to 2024 continued in February with the second consecutive month of double-digit growth, according to Xeneta’s weekly market analysis.
Air cargo got off to a strong start with demand growing more than 18% year-on-year in January, according to data from the International Air Transport Association (IATA).
Global air cargo volumes rose by a surprising 10% year-on-year in January due to concerns in the Red Sea and an early Lunar New Year, according to Xeneta.
Global air cargo demand experienced a year-end surge, ending the year just below 2022 levels, according to data from the International Air Transport Association (IATA).
Air cargo grew for the fourth consecutive month in November due to improving demand, reports the International Air Transport Association (IATA).
Air cargo demand ended 2023 on a high and 2024 may herald the start of a new economic growth cycle for the industry, according to weekly market data from Xeneta.
Surging e-commerce volumes from Hong Kong and China gave November a boost but failed to disguise the underlying subdued nature of the market, according to the latest data from Xeneta.
Classic seasonality should return next year barring any black swan events, according to the Xeneta Air Freight Outlook 2024.
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.
Cargo demand grew in August for the first time in 19 months, the International Air Transport Association (IATA) reports.
Volumes were down again in June and rates are falling sharply, according to data from CLIVE Data Services.