Hosted by Niall van de Wouw, Chief Air Freight 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.
Fasten your seatbelts because we are off to a bumpy ride in the air freight market! A turbulent 2022 for the global air freight market eased at the end of the year, but we are not out of the woods yet. With inflation rates elevated and consumer demand stagnant, the air freight market continues to weaken. By mid-Jan, rates were down –14% YoY, thanks to the bounce-back of cargo capacity from belly hold on passenger flights.
Timestamps:
0:01:30 – 0:04:05 Air Cargo Rates YoY
0:04:05 – 0:06:20 Load Factors YoY
0:06:20 – 0:08:20 Inbound US Cargo Volumes
0:08:20 – 0:10:11 Inbound EU Cargo Volumes
0:10:11 – 0:13:37 Air Cargo Yields China
0:13:43 – 0:15:53 Europe to US YoY
0:15:54 – 0:17:34 EU to US
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