Beyond the proof of data, there is a growing industry support for this new cargo capacity measurement. A recent TIACA survey which gathered feedback from over 80 members attending association’s Economics4Cargo webinar revealed a 98% support for the dynamic load factor methodology.
The support for the dynamic load factor methodology by air cargo
Regular economic data intelligence and monthly reporting
TIACA will continue working with CLIVE to bring regular dynamic load factor-based analysis to its members. In addition to the regular Economics4Cargo webinars offered to TIACA members since summer 2020, CLIVE will now be delivering a monthly detailed lane analysis, based on prime markets to and from North America, Europe, Asia Pacific, Latin America, Africa and the Middle East.
“We welcome TIACA’s support and our growing collaboration with the association’s members to deliver the most insightful air cargo market analysis. Our dynamic load factor reflects the reality of air cargo capacity utilization. Looking only at weight-based load factors is not enough anymore and can lead stakeholders to wrong conclusions. We must establish a common benchmark on the utilization of air cargo capacity, particularly if airlines want forwarders and shippers to understand why rates behave as they do. It is otherwise difficult to explain why rates are spiking when the traditional load factor measurement suggests aircraft are operating only half-empty,” added CLIVE’s Managing Director, Niall van de Wouw.