The global air cargo market will end 2024 with double-digit growth after another strong month in October, according to figures from Xeneta.
Airlines and freight forwarders need to balance protecting customer relationships with short-term revenue gains from market volatility, says Xeneta.
Summer was the warm up act for the peak season with double-digit growth for demand and spot rates in August, according to Xeneta.
Air cargo demand and global spot rates rose again in July, raising questions about whether tailwinds will continue into the peak season, according to Xeneta.
Shippers and forwarders who have not prepared for the peak season may find themselves at the mercy of the market, Xeneta has said in its latest monthly update.
Air cargo demand has grown at double-digit rates for the sixth consecutive month and double-digit growth for the year is possible, according to data analysis by Xeneta.
Shippers and forwarders are planning ahead for the peak season as volumes continue to grow at double-digit rates, according to data from Xeneta.
Forwarders and airlines received an unexpected first quarter bonus due to buoyant e-commerce volumes and disrupted maritime services in the Red Sea, according to the latest weekly market data from...
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.
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.
The ongoing crisis in the Red Sea and Suez Canal is turning retailers to airfreight to protect supply chains, according to Xeneta.
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.