Volumes were down again in June and rates are falling sharply, according to data from CLIVE Data Services.
Air cargo volumes fell 8% in April as the industry grapples with problems on the ground and in the air, according to CLIVE Data Services.
War, sanctions and lockdowns have added to the mess faced by global supply chains, according to CLIVE Data Services.
Freight volumes returned to pre-pandemic levels in February but war in Ukraine means the market is heading into a period of uncertainty, says industry analyst CLIVE Data Services.
Cargo volumes stayed stable in January as the industry continued to cope with challenges in the new year, CLIVE Data Services reports.
Freight rate platform Xeneta has acquired airfreight data analysts CLIVE Data Services to provide insights into the global ocean and airfreight markets.
Weak demand for cargo in December put a final dampener on 2021 peak season volumes, according to CLIVE Data Services.
Air cargo volumes fell in November due to congestion on the ground, according to data by CLIVE Data Services.
Air cargo rates soared in October due to shippers fearing a lack of peak season inventory, according to market data from CLIVE Data Services.
Strong demand for capacity and a shortfall in supply has pushed average global air cargo rates to double pre-Covid levels, according to CLIVE Data Services.