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.
Business is very soft in the air cargo sector and likely to get softer still, but there are signs that demand could spark up in the second half of the year.
Airlines and logistics companies realize air cargo business will be lower this year. Talk of a 2023 upturn is more based on hope than economic signals.
Boeing is more optimistic about demand for air cargo over the next 20 years, which is why it forecasts a need for 540 more freighters than competitor Airbus.
The air cargo market has lost some steam from 2021 but is still going strong, according to the airline trade group IATA.
The air cargo market, like other freight sectors, is in a dip. There are mixed signs that air could bounce back sooner than other transport modes.
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 […]
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
China Airlines has 21 freighter aircraft in its fleet and is adding capacity to meet trans-Pacific demand.
Growth in air cargo volumes decelerated in the last two months of 2021. Blame it on too much demand stressing the freight system.
Peak airport congestion during peak season is undermining air cargo transport.
Air cargo is booming, but the pandemic set back international passenger airlines by seven years or more by several metrics.
Financial losses for the global airline industry were sequentially smaller in the second quarter
The global airline industry still has a steep climb out of its financial hole. U.S. airlines are doing better, but watch out for the delta variant.
Air cargo throughput is expected to continue its upward trend after a strong first-half showing, IATA said.
Airfreight markets around the world are facing serious capacity constraints. Trade growth is overwhelming the physical ability of carriers to move goods and it’s reflected in transport prices.
Cargo has been the airline industry’s all-star performer since the pandemic began. Profits are soaring, but it’s not enough to overcome huge losses from the travel side.
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.
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.
There will be more than 2,400 extra all-cargo aircraft in circulation by 2040 to support growth in global trade and e-commerce, Boeing says.
Five air cargo sustainability trends for 2021.
The airfreight market is gaining strength as trade and e-commerce grow, but the disappearance of most international air travel is hurting airlines. And the situation appears to be worsening with new waves of COVID in Europe and the U.S.
The air cargo industry is operating with an anchor tied around its waist: The absence of strong passenger service.
Good luck finding an available aircraft to haul your goods at a reasonable price for the next three months. Competition for airlift is fierce these days. Find out why.
Air cargo capacity is tight out of key areas in Southeast Asia, but Chinese exporters enjoyed a week of flat to lower rates as supply exceeded demand
The air cargo market continued its recovery in July from the depths of the COVID pandemic, but is still far below last year’s results. Demand is expected to shoot up in the next few months because the holidays are coming.
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.
Shipping goods by air is expensive, especially on the biggest trade lines from China. Rates are much higher than normal for this time of year, but they are heading up more with no end in sight.
Atlas Air Worldwide’s big cargo planes have been in flying full tilt since the novel coronavirus metastasized in March. Combine that with high rates and you’ll understand why r revenue and profit grew so much in the second quarter.
Airfreight rates from China are on the rise again. The rest of the world is more stable when it comes to air cargo. But China is driving much of the transport activity because of its export of face masks and other goods.
The air freight market appears saner in recent weeks, with less competition among shippers for transport services. But the shape of the recovery is anyone’s guess and a possible demand spike for face masks and surgical gowns could create a hyper-market again.
Glass half empty – cargo business and finances are bad for the airlines. Glass half full – they’re not as bad as they were two months ago.
Face shields, gloves and hand sanitizer were yesterday’s hot airfreight product. Now the cool shipments that people need right away are yoga pants, bikes and hot tubs.
Airlines continue to send out SOS distress signals. The industry’s main trade association says profit margins will drop 20% this year, but the increased reliance on air cargo is helping companies stay alive and keep employees.
Manufacturing supply chains in for prolonged distress; U.S. oil rates in limbo; global air cargo facing severe capacity crunch.
Tender rejections: After increasing from 6.52% to 8.91% last week, we expect national rejection rates to continue to rise but at a slowing pace in the coming week as carriers […]
Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a […]
Manufacturing outlook: The coming week will give some insights into the outlook for manufacturing activity in the Northeast region via the Empire State Manufacturing Index. The overall segment remains depressed […]
It doesn’t look like American’s cargo fortunes are going to turn around soon, but its overall operational performance is improving.
Air Cargo Market Expert Jesse Cohen writes an insightful commentary on what the outlook for air cargo is in 2020.
Although air freight prices have been edging upwards, sources suggest the 2019 peak season might be short-lived.
Market expert Jesse Cohen writes about the 2019 air cargo market to date, and industry personnel look ahead to 2020.
Although consumption rates in Europe have remained durable and kept cargo demand reasonably buoyant this year, the U.S.-China trade war and ‘Brexit’ are casting dark clouds over the European economy […]
Market expert Cathy Roberson looks at the airlines’ and air cargo carriers’ need for pilots today and for the forthcoming future. Many factors are contributing to this ongoing need; ecommerce is a major factor.
Air cargo volume in Europe continues to decline. Read market expert Cathy Morrow Roberson’s take on the reasons why this is occurring and if there are options available to improve the volume.
TAC Index Managing Director Peyton Burnett demonstrates his platform, explains how the data is processed, and outlines the potential for the derivatives market based on reliable air cargo price discovery.
Boeing predicts a positive growth in international air cargo volumes over 2018, with volumes spiking during the festive winter season when businesses rush to put products on the shelves ahead of the consumer shopping spree.
