Data news – Page 28
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European cargo monthly: Growth slows in 2018
Major European cargo airlines saw freight traffic growth slow in 2018 in line with the general market slowdown.The monthly data from European airlines show that in 2018 both Air France KLM and Lufthansa saw their cargo volumes grow at lower levels than the previous year, while IAG registered a decline.The ...
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Europe's airports register a cargo decline for the first time in three years
The slowdown in cargo demand growth began to bite at European airports in November as hubs in the region recorded a decline in volumes for the first time in three years.The latest statistics from Airports Council International (ACI) Europe show that the region’s airports recorded a year-on-year decline in cargo ...
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Air France KLM sees cargo improve in 2018
The Air France KLM Group recorded an increase in cargo traffic for the second year in row in 2018, while it also improved its load factor.The Franco-Dutch airline group saw air cargo traffic increase by 0.7% year on year in 2018 to 8.7bn revenue tonne kms, following on from a ...
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Cargo demand in November a "big disappointment", says IATA
The air cargo industry failed to register an increase in demand in November for the first time since March 2016 in what has been described as a big disappointment.The latest figures from airline association IATA show that cargo traffic was flat in November compared with a year earlier, following 31 ...
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Transpacific airfreight rates drop off in December
Airfreight rates on the transpacific trade lane took a tumble at the end of the year as reports suggest the China-US trade war began to affect air cargo.The latest figures from Tac Index show that in November the average price of services from Hong Kong to North America in December ...
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Asian Airlines see cargo growth slow in November
The latest figures for the Association of Asia Pacific Airlines (AAPA) shows that cargo demand growth slowed in November as business orders weakened.The latest AAPA figures show that cargo demand was up by 0.1% year on year in November compared with a 4.3% increase over the first 11 months of ...
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Air Cargo News' most read in 2018
With 2019 already underway, the Air Cargo News editorial team decided that now would be an opportune moment to review which stories had proved to be most popular with our readers over the last 12 months.It has been a record year for the Air Cargo News website, with page views ...
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Tariff war takes its toll in November as air cargo volumes decline
Air cargo volumes for November bucked normal seasonal trends and declined compared with October levels.The latest figures from analyst WorldACD show that there was a 1.4% year-on-year (YoY) decline in cargo volumes in November, but more surprisingly there was a slip of 2% compared with October.Usually air cargo demand increases ...
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European Cargo Monthly: Peak season starts to tail off in November
European airlines saw air cargo demand tail off in November as the peak season started to wind down.November’s monthly statistics show that Lufthansa, Air France KLM, IAG and Finnair all saw cargo traffic in November decline compared with a month earlier, although this reflects usual seasonal trends for carriers in ...
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Transpacific airfreight rates breach $5 per kg mark in November
Airfreight rates continued to steadily rise in November as the peak season rolled in, with prices on the transpacific trade lane breaching the $5 per kg mark.The latest numbers from the Tac Index show that prices on services from Hong Kong to North America reached an average of $5.37 per ...
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Investment cycle boosts air cargo demand in October
Airfreight growth improved in October as a pick up in the investment cycle helped boost demand.The latest figures from IATA show that freight tonne kms increased by 3.1% year on year in October, which is an improvement compared with the 29-month low of 2.5% recorded in September.The airline association said ...
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Index shows "slight upswing" in world trade
World trade experienced a slight upswing in recent months and reached a new high in November, while international merchandise trade has risen by 10.6% so far this year.Emerging markets and North America are the main growth drivers. Despite new tariffs on exported products, China is benefiting from the strong US ...
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Air cargo returns to growth in October with business boosted by pre-tariff rush
Air cargo volumes recorded an increase in October following on from the first decline in demand since 2016 in September.The latest figures from analyst WorldACD show that volumes increased by 2% year on year in October, with three regions recording improvements for imports and exports.This follows a decrease in demand ...
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Airfreight rates reach high for the year in October
Airfreight rates reached their highest level of the year in October and are expected to climb further as the peak season gets underway.The latest figures from consultant Drewry in its Sea & Air Shipper Insight report show that average rates on 57 key trades reached $3.02 per kg in October ...
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How would a combined K+N and Panalpina stack up in terms of air cargo?
Recent events have fuelled market speculation that Kuehne+Nagel could be interested in holding talks with Switzerland-based freight forwarder Panalpina, but what would a tie-up between the two logistics giants look like in terms of air cargo? (see chart at end of article)The speculation started when Panalpina’s Peter Ulber announced he ...
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Asian carriers positive on cargo despite international trade tensions
International air cargo volumes remain “firm, notwithstanding tensions around global trade policies,” according to the Association of Asia Pacific Airlines (AAPA) in its preliminary traffic figures for October.Asian airlines saw international air cargo demand increase by 5.6% as measured in freight tonne kilometres (FTK) compared to last October, supported by ...
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Asia Cargo Monthly: Demand ramps up at Asian airlines as peak season gets underway
Airlines in the Asia region have seen cargo volumes reach their highest level of the year so far in October as the air cargo peak season kicks off.Cathay Pacific recorded a 5.4% year-on-year increase in cargo traffic during the month to 1.1bn revenue tonne kms.It was the busiest October on ...
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European Cargo Monthly: Growth stagnates but underlying strength remains
European airlines continued to see airfreight growth stagnate in October, but volumes for the month remain strong compared with the last five years.The October figures from major European carriers again show that cargo growth has flat lined in 2019, but this masks the underlying strength in the market when compared ...
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DHL sees airfreight volumes decline despite revenue improvement
The world’s largest airfreight forwarder DHL Global Forwarding continued to see airfreight volumes tumble during the third quarter of the year, but still managed to record improvements in revenues and gross profits.The Bonn-headquartered forwarder saw total airfreight volumes decline by 5.2% year on year during the third quarter to 529,000 ...
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Airfreight rates on key trades reach new highs for 2018
Airfreight rates on the transpacific and Asia-Europe lanes continue to improve in October despite capacity growth outstripping demand improvements.Figures from TAC Index show that prices on services from Hong Kong to North America reached an average of $4.80 per kg in October, the highest level of the year so far ...