Air cargo market continues to deflate under global economic pressures
Good news for shippers is bad news for airlines as cargo demand and rates retreat again in October.
Good news for shippers is bad news for airlines as cargo demand and rates retreat again in October.
The air cargo market is full of contradictions. Shipments and rates are falling and a recession is looming, but business is better than in 2019.
Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.
The airfreight sector remains chaotic, but a better-than-expected August is spurring optimism for solid results during the busy shipping season.
The air cargo market continues to lose altitude in the face of an overall economic slowdown and supply chain dislocations. Whether swiftly changing conditions enable airlines’ cargo business to swing it back to positive territory this summer is an open question. Air freight volumes tumbled 7% in May versus 2021, replicating April’s slide, as the […]
Atlas Air’s cargo business is on a steep growth path this year and ongoing fleet investments indicate management’s confidence in the future.
The air cargo market turned negative in March, after a strong February, because of the Ukraine war. Analysts say inflation and lower export orders could signal less shipping activity ahead.
Growth in air cargo volumes decelerated in the last two months of 2021. Blame it on too much demand stressing the freight system.
Freightos has set up an index to track a basket of prices for airfreight, just like it did with its ocean shipping index.
The traditional peak shipping season for air cargo is turning into super peak and a microcosm of the ocean shipping chaos. Turbulence ahead.
The International Air Transport Association reported strong growth for air cargo in August.
There’s no time for deliberation these days if you want to get high-value cargo shipped by air. It’s a strong seller’s market in the air cargo world. If you see it, book it and don’t worry about the price.
Air cargo is a good news, bad news story this year. Shipment volumes are at pre-crisis levels. But cargo is joined at the hip with passenger airlines, which are cutting more flights and struggling to survive.
Airfreight markets are topsy-turvy in the COVID era, but importers and exporters can count on one thing: paying two to three times normal rates. CFOs will have to increase their transport budgets if they want goods to move quickly.
Uncertain vaccine rollouts and mutant COVID-19 strains are messing up airline industry hopes for a second-half recovery this year. At best, traffic will be half that of 2019. But, at least, airlines can count on cargo shipments.
If you can’t rent an entire cargo plane for yourself, you might have trouble finding space on an aircraft to make an international shipment.
The airfreight sector is nursing itself back to health and should be discharged from intensive care by April. Find out why.
The air cargo market is doing much better than passenger business for airlines. It could reach equilibrium, following the pandemic shock, in the next few months.
Air cargo flight frequency begins to bounce back in the second half of 2020, exceeding 2019’s airline cargo monthly volumes.
New data shows cargo continued to rebound in October thanks to strong North American market and economic fundamentals. By next year, the air cargo market will be back to 2019 levels, while the passenger sector struggles to survive.