August 2023 State of the Air Market

Hosted by Niall van de Wouw, Chief Airfreight Officer at Xeneta, and Wenwen Zhang, Air Freight Analyst at Xeneta, this series takes a deep dive into the changes, trends, and global economic factors that impact the air freight market today.

Sluggish consumer demand coupled with elevated capacity and downward pressure on rates has created a gloomy air freight market. The hope of an uptick in peak season is diminishing, as everything points toward a dull season. How will this impact your capacity and inventory management? Don't wait for the domino effect to disrupt your supply chain; use the real-time market data presented in this webinar to prepare for the fall.

Hosts of this month’s State of the Air Freight Market webinar, air market experts Wenwen Zhang and Niall van de Wouw, will present the crucial spot and long-term market trends, disruptions, and opportunities that shippers and forwarders need to be aware of.

Timestamps:

0:02:00 – 0:05:00 Market Sentiment and Decline of Global Air Cargo Volumes (-40%)

0:05:00 – 0:07:10 Global Air Spot Rates

0:07:30 – 0:8:44 Load Factor Regionally (Transpacific)

0:08:45 – 0:10:35 Air Freight Rates (to and from China)

0:10:52 – 0:19:00 Cargo Load Factor and the Rising Cost of Jet Fuel

0:19:00 – 0:23:00 US Spending and Economic Impact