Air cargo professionals are bullish about the second half of the year as the traditional peak season approaches, but uncertainty remains about how the market will play out.
The air cargo market is maintaining momentum despite entering the slow season, thanks to strong demand for e-commerce and e-cigarettes out of China and a mode shift tied to the Suez Canal cutoff.
The air cargo logistics sector is enjoying good volume growth so far this year, but it remains to be seen if the new momentum can be sustained.
The air cargo sector was banking on a turnaround in market conditions by this fall, but it might have to wait until late next year unless demand unexpectedly revives.
The decline of air cargo is less severe than earlier this year, but a bearish case for a counter-seasonal, second-half dip is gaining momentum as freight forwarders undercut each other on prices to win customers.
Cargo airlines and third-party logistics providers are crossing their fingers for a resurgence of air shipments by October. But indications are increasing that the peak season may go out with a whimper.
IATA forecast suggests weak airfreight demand will continue without peak-season rebound
Recovery from the recession in airfreight transportation looks like it will be drawn out over the next year — and very slight when it does happen.
Canadian air cargo company Cargojet is searching under every rock for savings to maintain profit levels as shipping demand deteriorates.
Air cargo professionals hope demand has hit bottom and will start to improve soon, but there could be further downside if some barometers are true.
A multitude of mixed economic signals make it difficult to predict a recovery in air cargo business this year. Even if global trade picks up, the lion’s share of shipments will go by ocean.
A year ago, shippers were in scrums to find cargo space on airlines. The market has softened considerably and 2023 could see more declines before things get better.
Freight management companies are not making long-term shipping commitments with airlines to avoid getting stuck with unneeded bookings.
China Southern Airlines has joined the Freightos air cargo booking platform. It’s the first time an airline in China has participated in an online freight market.
The peak season for air shipping failed to materialize this year, but realistically volumes and rates are just normalizing after a crazy two-year rush.
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 […]
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.
Freighter demand is on the rise — here’s a look at why.
CDC data show transportation workers can be at increased risk for infection.
Five air cargo sustainability trends for 2021.
Delta is responding to customer willingness to pay good rates for airfreight by adding more cargo-only flights.
American Airlines cargo and passenger flights will shift to a new mega-airport in Beijing in March. Passenger demand will dictate how long cargo-only flights continue.
Making more money doing less less work. That’s air cargo in a nutshell. Volume is down from 2019, but yields are up.
Companies have to spend more time trying to find cargo space for their goods with more than half the global passenger fleet still grounded by the coronavirus. The good news is carriers and logistics companies continue to add services.
“Look, Mom, no seats!” That’s Korean Air saying it’s flying a passenger plane with the seats removed because it can make more money putting cargo on the floor.
Price inflation has tapered off for many – not all – air cargo markets during the second half of August. Shippers shouldn’t get used to it.
Airfreight exports from China slowed a bit in mid-August, allowing shippers to take back a tiny bit of pricing before rates shoot up for the next few months in as retailers build inventory for the holidays.
Shipping by air got much more expensive when the coronavirus pandemic exploded in March. After moderating earlier this summer, another price spike is brewing.
New DHL Express facility will benefit shippers across southern Germany with European and international freight deliveries.
It’s still a seller’s market in airfreight, but rates are finally moderating.
Read the full article to learn more.
Airfreight demand from China is still lower than normal this time of year, but it is finally picking up as the coronavirus scare gradually subsides. The new dynamic is reflected in higher cargo rates.
Spike in demand for household essentials; Chinese manufacturers suffer under virus attack; H&M opening up its supply chain.
