FarEye’s Post

🚀 Air Freight Alert: As we approach Q4 2024, the air freight industry is bracing for a surge in peak rates. According to Xeneta, ongoing high demand and market volatility might push spot rates higher, with predictions of a peak season surcharge by August. 🌏 Notably, Southeast Asia to the U.S. saw a 14% YoY rate increase to $5.32/kg. With global air cargo rates spiking and growing e-commerce demand, shippers face a tough decision: secure long-term contracts to mitigate costs or risk market volatility. 📈 Stay prepared and consider adjusting your strategy now to avoid hefty premiums. The coming months could see significant shifts in air cargo costs! 📦 #SupplyChain #AirFreight #Logistics #Ecommerce

Air freight spot market rates are expected to rise ahead of the peak season, and shippers and forwarders must prepare to avoid high costs. The Xeneta report highlights double-digit growth in air freight demand, with airlines and forwarders potentially implementing peak season surcharges by the end of August. Shippers with long-term capacity agreements will be less affected by the expected rate hikes, while those relying on spot market rates may face significant premiums.

Air freight spot market rates are expected to rise ahead of the peak season, and shippers and forwarders must prepare to avoid high costs. The Xeneta report highlights double-digit growth in air freight demand, with airlines and forwarders potentially implementing peak season surcharges by the end of August. Shippers with long-term capacity agreements will be less affected by the expected rate hikes, while those relying on spot market rates may face significant premiums.

Air freight spot market rates are expected to rise ahead of the peak season, and shippers and forwarders must prepare to avoid high costs. The Xeneta report highlights double-digit growth in air freight demand, with airlines and forwarders potentially implementing peak season surcharges by the end of August. Shippers with long-term capacity agreements will be less affected by the expected rate hikes, while those relying on spot market rates may face significant premiums.

✈️ The latest Air Freight State of the Industry indicates that global air cargo demand remains solid in May, currently +9% vs same period last year. 📊 Global air cargo capacity remains stable across most regions, except for specific trade lanes where high demand is causing some constraints. 📈 Global air cargo spot rate sees first YoY increase in April since Aug’22, amid geopolitical disruptions and strong e-commerce demand. 🛢️ Jet Fuel spot price averaged $110/barrel in April and dropped to $101/barrel in early May. 📰 Explore more with this month's report for valuable insights curated by our experts about the #AirFreight industry: https://okt.to/Sd42Dr #DHL #DHLGlobalForwarding #Logistics #FreightForwarding #Airfreight

While all freight markets tend to grow when economic output grows, different air express, air cargo and container shipping freight markets rarely move in sync. Some of this is linked to the inventory cycle, relative price differences, but fundamentally the mix of customers, industry verticals and mix of intermediate vs finished goods have the greatest impact. We have seen air trade and international air express growth lag overall air cargo traffic growth. Containerised trade on the transpac seems to have reached a low point in September last year, but air trade on the same lane has not picked up. #express #aircargo #containershipping #ecommerce Trade Data Service https://lnkd.in/gCD7Wpu7

✈️ The latest Air Freight State of the Industry indicates that global air cargo demand remains solid in May, currently +9% vs same period last year. 📊 Global air cargo capacity remains stable across most regions, except for specific trade lanes where high demand is causing some constraints. 📈 Global air cargo spot rate sees first YoY increase in April since Aug’22, amid geopolitical disruptions and strong e-commerce demand. 🛢️ Jet Fuel spot price averaged $110/barrel in April and dropped to $101/barrel in early May. 📰 Explore more with this month's report for valuable insights curated by our experts about the #AirFreight industry: https://okt.to/Sd42Dr #DHL #DHLGlobalForwarding #Logistics #FreightForwarding #Airfreight

🆕 The latest Air Freight State of the Industry is now available. ✈️ Overall Air cargo demand remains solid, increased year over year, while global capacity remains largely stable. 💹 However, some high demand lanes such as IN-US are seeing capacity constraints and a steeper rise in rates. 📈 From an Americas perspective, CO>BR is seeing higher demand as is MX>BR and MX>CL. 🌡 MEX airport remains constrained due to higher temperatures, impacting the cargo payloads of some passenger flights on key local carriers. 🛑 Porto Alegre remains closed due to flooding for the foreseeable future (~Sep) and cargo is alternatively being routed via GRU/VCP. 📰 Explore more with this month's report for valuable insights curated by our experts about the #AirFreight industry: https://okt.to/Sd42Dr #DHL #DHLGlobalForwarding #Logistics #FreightForwarding #Airfreight

✈️ The latest Air Freight State of the Industry indicates that global air cargo demand remains solid in May, currently +9% vs same period last year. 📊 Global air cargo capacity remains stable across most regions, except for specific trade lanes where high demand is causing some constraints. 📈 Global air cargo spot rate sees first YoY increase in April since Aug’22, amid geopolitical disruptions and strong e-commerce demand. 🛢️ Jet Fuel spot price averaged $110/barrel in April and dropped to $101/barrel in early May. 📰 Explore more with this month's report for valuable insights curated by our experts about the #AirFreight industry: https://okt.to/Sd42Dr #DHL #DHLGlobalForwarding #Logistics #FreightForwarding #Airfreight

✈️ The latest Air Freight State of the Industry indicates that global air cargo demand remains solid in May, currently +9% vs the same period last year. 📊 Global air cargo capacity remains stable across most regions, except for specific trade lanes where high demand is causing some constraints. 📈 Global air cargo spot rate sees first YoY increase in April since Aug’22, amid geopolitical disruptions and strong e-commerce demand. 🛢️ Jet Fuel spot price averaged $110/barrel in April and dropped to $101/barrel in early May. 📰 Explore more with this month's report for valuable insights curated by our experts at DHL Global Forwarding about the #AirFreight industry: https://okt.to/i1oKE5 #DHL #DHLGlobalForwarding #Logistics #FreightForwarding #Airfreight