Global economic plunge may be bottoming out: CLIVE
While air cargo volumes diminished rapidly in March, new data for April offers some hope that leading economists are right and the decline in the global economy is ‘bottoming out’, according to CLIVE Data Services. […]
March saw FRA-PEK top the price spike charts at +122%: WorldACD
March 2020 showed a 19 per cent drop in cargo carried worldwide, year-over-year (YoY) with the sudden capacity shortage in the second half of the month fuelling sharp price increases, says WorldACD Market Data in […]
Ex-China rates remain high, spot rates hit $16/kg
Air cargo rates remain exceptionally high, especially ex-China, where Freightos.com marketplace data indicates yet another increase of up to 30 per cent since last week. Cancellation of a large proportion of passenger flights and the […]
March was more than a roller-coaster ride says WorldACD
Noting the sheer difficulty, if not near impossible nature of comparing air cargo data in the extreme turbulence of the Covid-19 pandemic, WorldACD Market Data highlights that, “the word roller-coaster does not even begin to […]
Air cargo decline picks up speed, Asia offers some hope: CLIVE
Covid-19 ‘raised its ugly head’ faster and faster in the air cargo industry in March as global cargo volumes fell by 23 per cent versus the same four weeks of 2019, says CLIVE Data Services. […]
WorldACD says Feb data not all doom and gloom
WorldACD Market Data has released provisional data for February, ahead of its full release in two weeks, highlighting the Coronavirus impact, but with some unexpected positive figures. To give a clearer view the data analytics […]
Jan cargo down from Lunar NY, COVID-19 impact still to come
Preliminary traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that nternational air cargo volumes in January were soft, in part due to the closure of factories in Asia for the […]
Air cargo down 4% in January, anxiety over coronavirus impact: CLIVE
The global air cargo market saw a 4.0 per cent year-on-year decline in January according to the latest ‘dynamic load factor’ market intelligence from CLIVE Data Services. The global dynamic load factor fell two percentage […]
2019 worst year for air freight in a decade: IATA
Global air freight demand fell by 3.3 per cent in 2019 year-on-year, marking the the first year of declining freight volumes since 2012 and the weakest performance since the global financial crisis of 2009 when […]
Air cargo closes out 2019 with mixed picture: WorldACD
In the last month of 2019, worldwide air cargo decreased by 1.7 per cent year-on-year, the smallest YoY decrease since January 2019, but a decline nevertheless. The year ended with a mixed picture, not with […]
New ‘yard stick’ for measuring air cargo proposed
The global utilisation of air cargo capacity is 35 per cent higher than the traditional industry indicators suggest, according to a new data services company CLIVE Data Services. The company says that refreshing the way […]
Hong Kong records 6% cargo decline for full year 2019
Cargo throughput at Hong Kong International Airport (HKIA) declined 6.1 per cent to 4.8 million tonnes in 2019, a year that posed significant challenges to Hong Kong’s air cargo community. Vivian Cheung, executive director of […]
IATA’s November cargo stats offer a glimmer of hope
A glimmer of hope was offered up in the International Air Transport Association’s (IATA) lastest data for global air freight markets which showed demand, measured in freight tonne kilometres (FTKs), decreased by only 1.1 per […]
Asia-Pacific ducks Nov decline, global cargo declines shrink
The air cargo sector may end 2019 on a positive note becoming the first month in 2019 not showing a year-on-year decline, and possibly signally the returning health of air cargo, says WorldACD Market Data in […]
Global trade continues moderate decline, China weakest: DHL Barometer
The DHL Global Trade Barometer (GTB) indicates a further contraction in world trade for the next three months although it notes the downward tendency is largely moderate and steady. The overall trade outlook is reduced […]
Air cargo demand continues slide, down 5.9% in Oct: AAPA
Traffic figures for the month of October released today by the Association of Asia Pacific Airlines (AAPA) show international air cargo demand declining further as the slowdown in overall demand for exports continues to weigh […]
DHL trade barometer shows continued but slowing decline
The DHL Global Trade Barometer (GTB) forecasts a mild decline in world trade with the overall index falling by -1 point to 47, indicating that global trade will further lose momentum over the next three […]
Weak global trade, trade war continue to suffocate demand
Air cargo demand contracted for the ninth straight month in July, according the latest data from the International Air Transport Association (IATA), down 3.2 per cent in FTK terms, compared to the same period in […]
China’s PMI makes surprise upturn in August
In a surprising development China’s manufacturing activity expanded in August after shrinking for two months as factory output grew at its fastest pace in five months. Economists polled by Reuters had expected a further dip […]
July looks better than June, but not by much: WorldACD
As the air cargo world remains on tenterhooks over the US-China trade war, July, while still in negative territory, saw an ‘improved’ -4.2 per cent growth for the month, year-on-year, according to WorldACD Market Data. […]
ACI reports half year global cargo volumes down -3.2%
Airports Council International (ACI) World statistics show continuing declines with total freight volumes declining -3.2 per cent for the first half of the year, year-on-year, after falling -2.8 per cent in May and worsening to […]
June weakens further, outlook remains uncertain: IATA
June data from the International Air Transport Association (IATA) shows global air freight markets decreased by 4.8 per cent (in freight tonne kilometres (FTKs)), in June year-on-year. The decline marks the eighth consecutive month of […]
June sees storm clouds darkening: WorldACD
The first half of 2019 ended with the month of June showing a worldwide decrease of almost 9.0 per cent in air cargo transported, causing a further widening of the gap with 2018. Combined with […]
WorldACD says no end in sight for cargo contraction
“No change to report from the air cargo front,” says WorldACD Market Data as it releases its’ May cargo review, noting the negative trend continued in the month of May. “Writing this message at the […]
DHL trade barometer points to further decline
DHL’s Global Trade Barometer (GTB), points to the first contraction since its launch in January 2018, forecasting a ‘mild’ drop in global trade for the next three months. The index points to an overall drop […]
Tariff pressure continues, Asia-Pac cargo down 6.5% in May
Air cargo demand continues to flounder under the weight of the ongoing tariff war between China and the US, with May traffic for Asia-Pacific carriers down 6.5 per cent according to the Association of Asia […]
April figures clearly highlight the adverse market: WorldACD
April 2019 was the first month in which all regions, without exception, were confronted with the growing impact of adverse market movements that started last September, says WorldACD Market Data. “For quite a while now, […]
Downward trend continues with air cargo declining 4.7% in April
Global air freight demand, measured in freight tonne kilometres (FTKs), fell 4.7 per cent in April 2019, compared to the same period the year before, continuing the negative trend in year-on-year demand that began in […]
Resilience Index led by HK, Singapore in Asia
Hong Kong leads Asia in the latest FM Global Resilience Index, which annually ranks 130 countries and territories by the resilience of their business environments, including supply chains. The Resilience Index, compiled by mutual insurance […]
Cargo decline levels off in March, recovery remains aloof
Industry-wide freight tonne kilometres (FTKs) for March are marginally higher – up 0.1 per cent – compared with their level of a year ago and a sharp turnaround from February’s 4.9 per cent dive. “Although […]
Global cargo decline led by sinking Asia numbers: WorldACD
With air cargo volumes at their lowest in February 2019 due to Asia’s Lunar New Year, the month of March’s significant rebound of 25 per cent was not enough to keep the first quarter aloft, […]
South Korea’s trade index into negative realm: DHL
South Korea’s trade index is falling below the growth benchmark, but falling air trade – largely due to a dampened semiconductor market – is set to be offset by its ocean trade over the next […]
Belt and Road keeping China’s trade growth alive: DHL
Chinese trade is forecasted to grow with an overall index of 56 despite the speed of growth slowing down, according to data from the DHL Global Trade Barometer released by DHL. The DHL Global Trade […]
Air cargo demand continues sliding with 4.7% Feb contraction
Global air freight markets continued their slide, down 4.7 per cent in February y-o-y, marking the fourth consecutive month of negative y-o-y growth and the worst performance in the last three years. The news from […]
Emerging trend “quite worrisome” after Jan/Feb results: WorldACD
With much discussion in the industry over the lousy start of 2019 for air cargo, WorldACD Market Data highlights that every year the first quarter is impacted by the Lunar New Year (LNY), particularly the […]
WFS becomes first handler to win BRUcargo Award
Worldwide Flight Services (WFS) is the first handler to win the BRUcargo Award, presented annually by Brussels Airport Company to recognise and incentivise service excellence. The award – now in its 13th year – was […]
Global trade troubles take bite out of Hong Kong volumes
Hong Kong International Airport (HKIA) saw cargo throughput plummet by 14.4 per cent to 274,000 tonnes in February year-on-year, due to “unfavourable macroeconomic conditions”. HKIA handled 676,000 tonnes of cargo in January and February 2019 […]
January cargo demand hits three-year low: IATA
Cargo demand continues to face “significant headwinds” says the International Air Transport Association (IATA) pointing to data for global air freight markets showing that January demand – in FTKs – dropped 1.8 per cent year-on-year. […]
Falling January volumes kept aloft by perishables, pharma, hi-tech: WorldACD
The first month of 2019 confirmed the trend that has been apparent for a number of months now, according to WorldACD Market Data – another volume drop, this time of 2.0 per cent YoY, coupled […]
Dec cargo decline everywhere but Africa: ACI World
Global air freight volumes fell 1.5 per cent in December 2018 compared to December a year earlier, firming up the 2018 year-end growth figure at 3.3 per cent, according to Airports Council International (ACI) World. […]
Singapore 2nd in globalisation ranking, ASEAN beats expectations
While Singapore remains the world’s second most connected country, being the only Asia Pacific country to feature in the Top 10 ranking, Southeast Asian nations beat expectations as globalisation hits new record high. The ranking […]
December air freight demand worst since March 2016: IATA
A ‘quadruple whammy’ of the end of the restocking cycle, weakening global economic activity, contracting export order books and weakening consumer dealt a blow to air cargo fortunes towards the end of 2018. The International […]
December 2018 brings ‘double whammy’ declines in volume and yield: WorldACD
December closed the year with a “double whammy” of negative volume growth and negative yield growth, resulting in a year-on-year (YoY) airline revenue drop of 5.6 per cent in USD (1.9 per cent in EUR), […]
Airports Council Int’l notes air cargo’s “resilience” in year of turbulence
Cargo figures over a four month period to the end of November 2018 point to the industry’s “impressive resilience to shocks,” given the various geo-political and trade frictions during the year, says the Airports Council […]
AAPA: Nov sees heavy demand, but little new growth YoY
E-commerce volumes during the peak festive season helped keep the growth in international air cargo demand on the positive side in November, up 0.1 per cent year-on-year, according to the Association of Asia Pacific Airlines […]
E-commerce offsetting cargo sluggishness, Oct up 3.1%: IATA
Growing international e-commerce and an upturn in the global investment cycle are supporting growth in international air cargo demand with October up 3.1 per cent year-on-year, says the International Air Transport Association (IATA). In its […]
Global trade growth “solid” but deceleration rapidly occurring in Asia: DHL
Global trade remains “solid” according to DHL and will continue to grow over the next three months, although Asia is seeing a strong deceleration. This is the conclusion of the latest DHL Global Trade Barometer […]
IATA notes continuing softness of air cargo markets in September
Air freight demand rose 2.0 per cent in September, year-on-year, unchanged from August, but less than half the five-year average growth rate of 5.1 per cent as weakening order books and longer delivery times are […]
Sept China-US cargo figures may indicate impact of trade war: WorldACD
With overall growth in China’s air cargo exports in September, the market from China to the US however, was in decline possibly indicating the first consequences of US President Trump’s trade war with China, WorldACD […]
Air freight up in Aug but Asia vulnerable as tariff row grows: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometres (FTKs), rose 2.3 per cent in August 2018, compared to the same period the […]