All WorldACD articles
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News
Transpacific freighter flights still down after CNY
The number of transpacific freighter flights has not yet recovered following the Chinese New Year potentially reflecting the introduction of US tariffs
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News
Airfreight rates remain firm despite e-commerce concerns
Airfreight rates have remained firm over the last week despite concerns the market could take a hit due to the temporarily aborted de minimis ban and Lunar New Year
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News
Air cargo faces a year of volatility
Air cargo needs to “embrace volatility”, a leading industry analyst told the World Cargo Summit in Ostend on 28 January
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News
January's air cargo rates supported by pre-tariff shipments and early LNY
Air cargo rates on key east-west routes declined in January but remained above last year’s levels thanks to an early Lunar New Year and pre-tariff shipments
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News
Post-peak air cargo decline not as strong as feared
The post-peak season drop-off in air cargo demand out of Asia Pacific is not as strong as some had feared, according to data provider WorldACD
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News
Rates remain high despite recent dip
Airfreight rates remain far above the year-ago level despite a seasonal dip in pricing following the peak Christmas period
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News
Rates on key Asia trades flat but steady in September
Airfreight rates on the transpacific market were largely flat in September but are expected to pick up as the peak season approaches and as US port strikes are now underway. The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong ...
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News
Cooler air cargo market in September just a blip
The air cargo market showed signs of cooling slightly in September but expectations are that demand will quickly pick up again in October.Freight forwarder Dimerco said that e-commerce and electronics volumes had "underperformed expectations in September".The company also pointed out that while the Global Purchasing Managers Index (PMI) Composite Output ...
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News
Surging air cargo rates out of Japan and Bangladesh boost buoyant market
Airfreight rates from Bangladesh and Japan have surged in recent weeks helping to raise prices in an "already buoyant" air cargo market, according to data provider WorldACD.The latest figures from WorldACD show that overall airfreight rates were up 14% year on year in the week ending September 15, led by ...
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News
DHL points to a difficult Q4 as more figures confirm a bumper August for air cargo
Source: Supakitswn/ shutterstock.comDHL Global Forwarding's latest market outlook has highlighted a difficult end to the year, while figures from WorldACD show buoyant market conditions continued in August.The forwarder's State of the Industry report looks at the potential impact of demand, capacity, rates, economic growth and service disruption in the fourth ...
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News
Bangladesh air cargo spot rates peak
Air cargo spot rates from Bangladesh to Europe have risen to their highest level this year amidst political unrest in the country that has resulted in disruption to air cargo operations.Data from WorldACD shows that in the week from Monday July 29 to Sunday August 4 (week 31), spot rates ...
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News
Air cargo market update: Demand dips as July gets underway
The air cargo market saw volumes decline in the first week of July as US Independence Day celebrations put the brakes on growth.The latest figures from data provider WorldACD show that demand was down 5% in the first week of the month compared with the prior week.WorldACD said the result ...
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News
General air cargo demand takes off thanks to e-com and ocean disruption
General cargo has been growing at a faster rate than special products so far this year as a result of growing e-commerce demand and disruption in the container shipping industry.Stats from data provider WorldACD show that over the first five months of the year, general cargo volumes increased by 13% ...
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News
Ocean and airfreight rate differential narrows
The difference between ocean and airfreight rates has narrowed to its lowest level since the third quarter of 2022 as container supply chains continue to come under pressure.Writing on LinkedIn, data provider Rotate's Tim van Leeuwen and Mels Wittenburg pointed out that on a global level ocean rates are now ...
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News
Worsening containership market keeps the pressure on air cargo
The recent deterioration in the ocean shipping market could be pushing more cargo to airfreight following the impact of the Red Sea crisis.In its latest market update, data provider WorldACD said that over the last few weeks air cargo demand and rates from Asia Pacific origins "continue to soar well ...
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Insights
Air cargo rates and volumes continue to soar in May
Airfreight rates continued to rise in May while demand also continued to beat last year's levels.The Baltic Exchange Airfreight Index (BAI) shows that in May rates from Hong Kong to North America increased 9.1% year on year to $5.53 per kg.From Hong Kong to Europe rates paid by forwarders are ...
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News
Central and South American air cargo volumes boom in April
Air cargo volumes out of Central and South America (CSA) have taken off in the last few weeks of April ahead of Mothers' Day celebrations in North America.Analysis from WorldACD shows that air cargo volumes from CSA increased by 17% week on week in week 17, following on from a ...
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News
Hong Kong air cargo rates on key trades now ahead of last year
Rates on services from Hong Kong to Europe and North America are now ahead of last year's levels as demand continues to surge.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in April average all-in rates from Hong Kong to North America were up 6.5% year on ...
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News
Dimerco positive on air cargo outlook as e-commerce soars
Taiwan-based freight forwarder Dimerco is positive on the air cargo demand outlook for the rest of the year as it reports continuing e-commerce volume growth.In a monthly market update, the forwarder said that in March e-commerce shipments were flooding airports in south China and expanding rapidly across other gateways in ...
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News
Air cargo demand still growing after LNY but rate of improvement slows
There had been much speculation in air cargo about whether the strong demand growth reported over the first two months of the year would continue past the Lunar New Year holiday but it appears the buoyant market conditions are so far continuing, although at a slightly lower level.Figures released last ...