Data news – Page 39
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NewsAirfreight's positive momentum continues in January
Air cargo demand growth continued its “positive momentum” in January in line with a steady rise in new export orders.The latest monthly statistics from IATA show that air cargo demand in freight tonne km terms increased by 6.9% year on year in January.While this lags behind the 9.8% improvement registered ...
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NewsDHL sees airfreight demand decline despite end of year surge
Deutsche Post DHL’s (DP DHL) airfreight division saw volumes, revenues and gross profits decline last year despite an end of year surge in demand.Airfreight volumes at DHL Global Forwarding, which is the world’s largest airfreight forwarder, declined by 1.3% year on year last year to 2m tonnes but in the ...
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CEVA sees airfreight demand improve but records another loss
CEVA Logistics saw airfreight volumes grow ahead of the market last year but revenues decreased and it recorded another loss.The forwarder recorded a 5.5% year-on-year decline in revenues for 2016 to $6.6bn, while losses came to $159m last year compared with $195m in 2015.Adjusted earnings before interest, tax, depreciation and ...
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Double-digit airfreight growth for Panalpina but profits take a hit
Panalpina recorded a double-digit improvement in air cargo volumes last year but rate hikes in the second half of the year put pressure on profits.The Switzerland-based freight forwarder saw 2016 revenues decrease by 11.3% year on year to SFr5.2bn ($5.1bn), while operating profits were down 30.1% to SFr82bn and net ...
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Volumes up in January despite Chinese New Year effects
Chinese New Year affected airfreight demand in January, but nonetheless volumes improved during the month compared with a year earlier.The latest figures from analyst WorldACD show that air cargo demand in weight terms improved by 4.9% year on year in January, with the origins Asia Pacific and North America registering ...
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NewsMixed results for airfreight rates in February
Airfreight rates on services from Hong Kong to Europe and Hong Kong to the US continued to decline in February, while there was an improvement on services between Frankfurt and North America.The latest figures from TAC Index show that average airfreight prices on services from Hong Kong to the US ...
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K+N targets acquisitions as profits reach record levels
Kuehne+Nagel (K+N) will look to make "selective acquisitions" after it managed to increase airfreight volumes ahead of market growth levels last year and overall earnings reached record levels.The Switzerland-based freight forwarder saw 2016 total group revenues decrease by 1.5% year on year to SFr20bn, while net earnings for the year ...
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NewsAsia Cargo Monthly: Slow start to the year for Asian carriers
It was a slow start to the year on the cargo front for airlines based in the Asia region, with only China Airlines and Eva Air recording significant improvements in demand.While only two of the region’s airlines managed to continue to grow at the levels recorded towards the end of ...
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Asia Pacific airlines off to a good start
Figures from the Association of Asia Pacific Airlines (AAPA) show that Asia Pacific-based airlines made a good start to the year, with continued growth in air cargo demand.International air cargo demand during the month measured in freight tonne kilometres (FTK) grew by 4.7%.Offered freight capacity expanded by 3.8%, resulting in ...
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NewsIAG Cargo hails resilient results in tough conditions
IAG Cargo saw revenues and cargo tonnages decline in last year in what the carrier described as “challenging market conditions”.The cargo division representing British Airways, Aer Lingus and Iberia saw full-year revenues decline by 6.6% year on year in 2016 to €1bn, while tonnes of cargo carried were down 2.9% ...
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Drewry price index in lowest monthly margin decline since 2012
Drewry’s East West Airfreight Price Index fell by the lowest monthly margin in January since it started in 2012, suggesting greater stability in the market, said the analyst’s Sea & Air Shipper Insight.While Drewry expects to see a decline between December and January, the reduction was less than in previous ...
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December airfreight prices remain ahead of 2015 levels
Airfreight prices continued to track ahead of the year-ago level in December, despite a seasonal drop-off in prices.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average buy rate across 21 major east-west routes reached $3.14 per kg in December.December was only the second ...
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NewsAir cargo "outperformed forecasts" in 2016
Air cargo traffic growth “outperformed forecasts” in 2016 after ending the year with a demand surge.The latest figures from IATA show that air cargo traffic measured in freight tonne km (FTK) terms increased by 3.8% year on year in 2016.IATA said this was more than double the average growth rate ...
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Air cargo has best quarterly performance since 2010
WorldACD has hailed the final three months of 2016 as the best quarter for air cargo since 2010.The analyst said that demand during the final quarter of last year in weight terms increased by 7.5% year on year, helped by a 9.4% improvement in December.“Contrary to previous years, the origins ...
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NewsEuropean Cargo Monthly: Mixed bag for European airlines in January
January was a mixed month for Europe’s combination carriers on the cargo front, with Lufthansa and IAG reporting increases in traffic while demand was down at Air France KLM and Finnair.Lufthansa, the largest of the four carriers in cargo terms, saw January cargo traffic increase by 4.9% year on year ...
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Air France KLM's cargo business records 2016 operating loss
The Air France KLM Group saw its cargo division record another operating loss last year, although there was a slight improvement as headcount was reduced and freighters were taken out of action.The Franco-Dutch airline recorded a full-year operating loss of €244m, compared with a €245m loss in 2015.Cargo revenues for ...
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NewsAmerican Cargo Monthly: Strong start to 2017 for United and American
US airlines American and United have got off to a flying start on the cargo front in 2017 with double-digit increases in demand, while Delta continues to see its performance diverge from its two main rivals.The largest of the airlines in cargo terms, United, recorded a 16.1% year-on-year traffic increase ...
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NewsJanuary sees airfreight rates continue ahead of 2016 levels
Airfreight rates on key trade lanes continued to track ahead of last year's levels in January, but prices did decline compared with the levels registered in December.The latest figures from TAC Index show that airfreight rates on transpacific services from Hong Kong to the US declined in January to $3.24 ...
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NewsAsia Cargo Monthly: Asian airlines edge up on 2015 after late surge
A late surge in cargo demand helped Asian airlines record an improvement in traffic during 2016.Of the seven Asian airlines monitored by Air Cargo News, five managed to record an improvement in demand on 2015 levels.This follows on from improvements for the year being registered for both European and US ...
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Late 2016 surge sees improvement in Asian airline cargo demand
An end of year surge in demand saw air cargo demand at Asian carriers for 2016 edge ahead of the previous year’s level.The end-of-year figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo demand measured in freight tonne kms (FTKs) ended last year 1.8% up on ...