clive-data-services

Growth remains elusive as August rates hit three-year low

Analyst Clive Data Services said that air cargo demand growth may be a few quarters away as August spot rates hit their lowest level in over three years. The global air rate flattened to US$2.19 per kg in August, its lowest since the pandemic as another weak summer month saw chargeable weight edge -1% lower for a fourth consecutive month, according to the latest weekly market analysis from the airfreight arm ... [+]

Airfreight shippers have the upper hand, says analyst

Shippers will hold the upper hand in the winter round of airfreight rates negotiations, says analyst CLIVE Data Services. Clive, part of Xeneta, said that after another month of falling demand in July saw volumes drop -2% month-over-month, and the general global air freight spot rate decline at a hastening pace ... [+]

Fear factor grips global air cargo

The decline in global air cargo volumes eased again in June but the ‘fear-of-missing-out’ created an irrational airline and freight forwarding market as shippers indulged in a 41% year-on-year fall in the general airfreight spot rate, said industry analysts, CLIVE Data Services, part of Xeneta.                Air cargo capacity rose ... [+]

Transatlantic bucks the trend as global airfreight demand falls

Westbound air cargo volumes between Europe and North America rose 6% year-on-year in January – despite high inflation and falling US retail sales, said CLIVE Data Services in its latest report. However, overall global air cargo demand continued to fall, down -8%, as an earlier Chinese New Year. Economic headwinds subdued ... [+]

Airfreight analyst sees signs of recovery

CLIVE Data Services, part of Xeneta, said that the global air cargo market ended December 2022 with a fall in chargeable weight of 8% compared with a year ago while the general airfreight spot rate registered its largest year-on-year decline of 35%. However, overall average rates remained 75% above the ... [+]

No Christmas turkey yet for cargo airlines as demand refuses to fly

There’s no sign of an early Christmas for air cargo carriers says Xeneta-owned analyst CLIVE as volume carried declined -8% year-over-year in October – the eighth consecutive monthly fall - and there are no current signals to indicate an upturn in 2023. The drop in demand, measured in chargeable weight, was ... [+]

Airfreight rates touch 2021 levels

General air freight spot rates fell 9% year-over-year in September, to below the 2021 level for the first time this year, according to CLIVE Data services in its weekly data published on 5 October. The analyst, part of Xeneta, said that returning global cargo capacity continued to outpace air cargo volumes. Spot ... [+]

August gives glimmer of hope for global air cargo

August gives glimmer of hope for global air cargo August offered a glimmer of hope for the global air cargo market as the decline in demand of the previous four months slowed and general air cargo rates between Europe and North America stabilized, said CLIVE Data Services, part of Xeneta. After -8% ... [+]

Analyst expects sharp drop in airfreight rates

Seasonally adjusted general air cargo market performance data for July 2022 shows a continued slowing down of volume, load factor, capacity, and rates as economic and political uncertainties hang over the industry, says CLIVE Data Services. In its latest market intelligence CLIVE Data Services, part of Xeneta, shows volumes dropped -9% ... [+]

New capacity fails to budge airfreight rates

Factors which curtailed the growth recovery of air cargo in March continued to impact the industry in April with volumes down 8% year-over-year, says Xeneta’s CLIVE Data Services Rates remained high despite the addition of new capacity, as airlines launched their summer schedules, the analyst explained. The conflict in Ukraine, Covid lockdowns ... [+]