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Global cargo volumes, rates drop in June

Global air cargo volumes fell 8% year over year in June as rates also dipped due to added bellyhold capacity with the return of summer flight schedules. Available capacity increased 6% YoY in June, although it is still down 11% compared with June 2019, according to today’s update from Xeneta’s CLIVE Data Services. June’s dynamic ....

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Air freight rates begin to drop with May capacity increase

Air cargo market volumes in May dropped 8% year over year as rates declined 10% from April. The air freight market continues to feel pressure from such macroeconomic events as the war in Ukraine, higher cost of living and interest rates, stock market dips and COVID-19-related restrictions in China, according to today’s monthly update ....

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Europe to NE Asia airfreight rates soar as airlines focus on the spot market

Europe to NE Asia airfreight rates soar as airlines focus on the spot market
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Air cargo market recovery interrupted in March by war, COVID-19 shutdowns

The progress made in airfreight recovery since capacity quickly exited the market in April 2020 stalled in March, interrupted by the fallout from the Ukraine-Russia war and lockdowns in China. Courtesy of Xeneta. Cargo volumes in March were down 4.5% year over year and 6.5% from March 2019 levels, according to today’s monthly update from ....

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