xeneta
The global air cargo market’s hot summer continued in August with average spot rates showing their largest year-on-year growth of +24%, according to the latest weekly analysis by Xeneta.
Global average air cargo spot rates of US$ 2.68 per kg in August were boosted by continuing supply and demand imbalance. August's global cargo supply grew at its slowest ratio in 2024 to-date at 2% year-on-year, while global cargo demand continued its ...
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July’s Crowdstrike IT outage produced no significant ongoing disruption to resurgent air cargo demand, with rates rising for a sixth consecutive month, says market analyst Xeneta.
Global average air cargo spot rates reached US$2.66 per kg in July, 20% higher year-on-year. This was again driven by strong global cargo demand growth. ...
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The CrowdStrike failure that led to global IT outages across the world on 19 July could have a longer-term impact on the logistics industry, says an airfreight rates expert.
While news channels reported on 22 July that many of the computers and other devices that had been affected were now back ...
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Air cargo is heading for a hot fourth quarter of rate increases after a sixth straight month of double-digit growth in June, says analyst Xeneta in its latest report. It warns that shippers and forwarders ill-prepared for this year’s peak season may find themselves “at the mercy of the market”.
Demand ...
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The global air cargo market is on a pathway to double-digit growth in volumes in 2024 after a +12% year-on-year jump in demand in May, according to the latest data analysis by Xeneta.
Despite conservative, low single digit forecasts at the end of last year, expectations have been boosted by six ...
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The impact of air cargo’s ‘black swan’ event – the conflict in the Red Sea that has disrupted shipping – showed signs of easing in April but volume growth still registered the fourth straight month of +11% increases in global air freight demand, according to the latest weekly data analysis ...
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Global air cargo market demand rose +11% year-on-year for a third consecutive month in March as buoyant e-commerce volumes and concerns over Red Sea ocean freight delivered an unexpected first quarter bonus, according to the latest market data from Xeneta.
In what are typically weaker months of the year for airfreight, ...
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The global air cargo market’s surprisingly positive start to 2024 continued in February with a second consecutive month of double-digit demand growth and an uptick in general freight spot rates, said analyst Xeneta in its latest weekly market analysis, published on 6 March.
Following January’s 11% growth in volumes, February saw ...
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Global air cargo volumes rose by a surprise but welcome 10% year-on-year in January as concerns over hostilities in the Red Sea and an early Lunar New Year more than compensated for an anticipated post-Christmas drop in ecommerce traffic, according to the latest weekly market analysis by Xeneta.
With plenty of ...
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Retailers are turning to air freight to keep products on shelves amid the crisis in the Red Sea and Suez Canal says ocean and air freight rate benchmarking platform Xeneta.
Its latest data released on 19 January, shows air cargo volumes from Vietnam to Europe – a major trade route for ...
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