Data news – Page 32
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News
Panalpina sees airfreight growth slow but profits takeoff
Freight forwarder Panalpina saw airfreight volume growth slow in the first quarter of the year, but profitability at the company was up.The Switzerland freight forwarder saw first-quarter airfreight volumes increase by 3% year on year to 241,000 tonnes, behind an estimated market growth of around 5%.The growth rate also lagged ...
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NewsUnited buoyed by improving cargo revenues
United Airlines Cargo saw cargo revenues improve by double-digit percentage levels during the first quarter of the year on the back of volume growth and higher rates.The Chicago-headquartered airline saw first-quarter cargo revenues increase by 23.1% year on year $293m – its sixth quarterly improvement in revenues in a row.Much ...
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European airports continue to report cargo growth in February
European airports saw cargo demand increase again in February, although there was a slowdown on growth levels recorded in January.The latest figures from Airports Council International (ACI) Europe show that freight demand increased by 5.7% year on year in February, down on January’s 8.7% uptick.This slowdown was to be expected ...
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NewsDelta sees cargo revenues soar in Q1
Delta Air Lines saw cargo volumes take off in the first quarter of the year, while revenues for the period reached their highest level since 2015.The Atlanta-headquartered airline saw total cargo revenues reach $202m, up 23.9% compared with a year earlier.This is the highest level first-quarter cargo revenues at the ...
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NewsIATA warns over protectionism as cargo traffic continues to grow
Air cargo traffic continued to improve in February, but IATA has again warned of the impact protectionism could have on the market.According to the latest IATA figures, cargo traffic in freight tonne km terms increased by 6.8% in February, while over the first two months of the year demand is ...
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NewsAirfreight rates flatten off in March but remain ahead of 2017 levels
Airfreight rates flattened off in March compared with a month earlier, although major routes out of Asia continue to track ahead of last year’s levels.The latest figures from TAC Index show that airfreight rates on service from Hong Kong to North America in March increased by 26.3% compared with the ...
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News
February cargo figures point to a good start to the year
Cargo demand growth slowed in February but performance over the first two months represented a “good start of the year”.The latest statistics from analyst WorldACD show that demand increased by 4.4% year on year in February, down on January’s 8.5%.However, this slowdown was to be expected as the Chinese New ...
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Airfreight rate boost in February
Airfreight rates increased in February compared with January for only the second time in the last six years.The latest figures from analyst Drewry's Sea and Air Shipper Insight report show that average rates on 28 major east-west routes increased to $2.84 per kg in February compared with $2.76 per kg ...
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European Cargo Monthly: growth slows in February
Cargo demand at European airlines seemed to plateau in January, with only Lufthansa reporting a demand increase of note.The latest monthly figures show that IAG Cargo registered a decrease in traffic, there were small improvements at Finnair and Air France KLM (AF KLM) and Lufthansa registered a larger improvement. Performance ...
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News
Forwarders enhance digital sales platforms but there is more work to be done
Major freight forwarders continue to make progress in developing online sales offerings but there is much more work to be done if they are to capitalise fully on the opportunity presented.The latest annual survey by freight rate portal Freightos looked at the online offering of the world’s top 20 freight ...
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Asia Pacific carriers continue to see cargo demand surge
Asian air cargo carriers continued their strong start to the year in February, while there is optimism for the coming months.February traffic figures released by the Association of Asia Pacific Airlines (AAPA) show that cargo increased by 7.3% year on year in February to 5bn freight tonne kms.Over the first ...
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NewsAsia Cargo Monthly: February figures confirm good start to the year
Asian carrier’s cargo performance in February has confirmed a strong start to the year for the region.January’s figures suggested that airlines in the region had got off to a good start. However, question marks remained as performance in the first two months can be affected by the timing of the ...
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NewsSolid start for air cargo but concern as trade war looms
Air cargo started 2018 with robust growth as demand drivers remained supportive, but a potential trade war could hinder growth in the future.The latest figures from IATA show that cargo traffic in freight tonne km terms increased 8% year on year in January, up on the 5.8% improvement registered in ...
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News
Panalpina sees profits soar on record airfreight volumes
Panalpina reported revenue and profit increases last year on the back of record airfreight volumes, while it will continue to target “bolt-on” acquisitions.The Switzerland-based freight forwarder saw 2017 revenues increase 6.5% year on year to Sfr5.5bn, while earnings before interest and tax (ebit) climbed 26.1% to Sfr103m and profits were ...
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News
Airfreight rates start the year ahead of 2017 levels
Airfreight rates started the year ahead of 2017 levels but are expected to weaken in February in line with seasonal trends.The latest figures from the Drewry Sea and Air Shipper Insight report shows that average global airfreight prices stood at $2.76 per kg in January, representing a year-on-year increase of ...
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Air cargo demand grows ahead of expectation in January
Air cargo demand and revenues improved in January, but it is too early to tell whether this foreshadows another strong year for air cargo.The latest figures from WorldACD show that worldwide cargo volumes increased by 8.5% year on year in January, compared with growth predictions for the year of around ...
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NewsAirfreight rates up on 2017 levels in February
Airfreight rates on major transpacific, Asia-Europe and translatlantic routes continued to track ahead of 2017 levels in February, despite demand slackening off.The latest figures from TAC Index show that February airfreight rates on services from Hong Kong to North America increased by 42.5% year on year to $3.62 per kg. ...
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NewsAsia cargo monthly: Cargo carriers off to a flying start
Asian airlines started the year strongly with many of the region’s major carriers reporting stronger growth than they achieved last year.The region’s largest cargo carrier group, Cathay Pacific, saw cargo demand increase by 10.5% year on year in January to 954m cargo and mail revenue tonne kms.This represents the group’s ...
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News2017 ends on a high for Air France KLM Cargo
Air France KLM Cargo (AF KLM) ended the year on a high as quarterly revenues reached their highest level since 2016.The Franco Dutch airline saw fourth-quarter 2017 cargo revenues reach €583m, up 6.8% year on year. This is the highest quarterly level since the fourth quarter of 2016.For the full ...
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NewsEuropean air cargo monthly: Mixed start to the year for European carriers
It was a mixed start to the year for European carrier’s cargo businesses, with Lufthansa seeing a surge in demand while IAG registered a decline.Frankfurt-hubbed Lufthansa Cargo got off to a flying start as it saw air cargo demand increase by 9.3% year on year in January to 807m revenue ...