Asia Pacific is gaining momentum after a slow start post-CNY, as air cargo volumes from the region jumped 21 percent week-over-week, according to the latest data from WorldACD. In week 8 of 2021, worldwide volume went up 8 percent versus week 7, whilst worldwide capacity increased 7 percent. Central & South America was the only origin region that showed a drop in volume during week 8 (down 1 percent from week 7). WorldACD, which publishes weekly data based on 250,000 transactions from … [Read more...] about Air freight rates jump in week 8 as Asia rebounds post-CNY
WorldACD
Air cargo volumes stayed flat in January
Worldwide air cargo volumes remained flat in January, reflecting the first month there was no year-on-year drop since the start of the pandemic (and even way before that), according to WorldACD’s latest report. Worldwide rates per kilogram were 75 percent higher year on year, but dropped 8 percent lower than those recorded in December. Load factors in January slipped 2 percent points from the previous month but up 17 percentage points from January 2020, as capacity dropped 28 26 percentage … [Read more...] about Air cargo volumes stayed flat in January
WorldACD reports a double digit growth in air cargo industry
With a worldwide volume increase in August of 12.9% year-over-year (YoY), air cargo continued its recent trend by again showing double-digit growth, according to a new version of WorldACD's product data information. At 14.6%, YoY growth in Direct Ton Kilometers (DTK's) was even higher, underscoring another trend, namely that the average distance between point of origin and point of destination of air cargo shipments keeps growing, just like the average shipment size. Revenues (in USD) … [Read more...] about WorldACD reports a double digit growth in air cargo industry
Oct a good month for cargo, up 6.2%: WorldACD
WorldACD has reported that the September YoY volume growth of around 5.0 per cent was eclipsed by the 6.2 per cent YoY growth in volumes in October. American and European carriers contributed most to the 3.0 per cent MoM growth in yields (in USD), a higher MoM growth for this month than in previous years. With that yield improvement, October was clearly a good month for air cargo, WorldACD noted. It added that the real growth may even be somewhat understated, as October 2016 had less "good cargo … [Read more...] about Oct a good month for cargo, up 6.2%: WorldACD
June figures show cargo improvement but belly capacity growth still a problem
Providing some welcome relief from the relentless bad news since the start of 2016, recent statistics from WorldACD indicate the air cargo business picked up in June with worldwide chargeable weight improving by 2.7 per cent year-on-year (YoY). The uptick in June was largely caused by a strong showing of the Asia Pacific region, which grew by 7.1 per cent in incoming and by 6.6 per cent in outgoing air cargo, a distinct change form earlier months. Europe as a destination continued to do … [Read more...] about June figures show cargo improvement but belly capacity growth still a problem
Chinese New Year confirms air cargo slide in Asia Pacific: WorldACD
Air cargo’s difficult start to 2016 was extended into February with worldwide volumes declining by 3.8 per cent year-on-year (YoY), the largest YoY volume drop in three years, according to the latest analysis by WorldACD Market Data. The origins Asia Pacific and North America were the main culprits with January/February together seeing these destinations posting YoY volume decreases of more than 7.0 per cent. Africa, Europe and Middle East & South Asia each posted around 5.0 per cent … [Read more...] about Chinese New Year confirms air cargo slide in Asia Pacific: WorldACD
