Data news – Page 11
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NewsDSV reports record results on higher rates and GIL takeover
DSV reported record revenues and profits last year thanks to higher freight rates and acquistions.The Danish forwarder reported a 57.2% year-on-year increase in revenues for the year of DKr182.3bn, while earnings before interest and tax (ebit) were up 70.4% to DKr16.2bn and net profit climbed 164.3% to DKr11.2bn.Results were boosted ...
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NewsCargo volumes boom at Miami International
Source: Miami International AirportMiami International Airport (MIA) has broken its record for cargo volumes handled for the second year in a row.The Florida hub handled 2.7m tons of freight in 2021, "shattering" its previous record of 2.3m tons achieved in 2020.International freight grew by 17% to 2.2m tons, while domestic ...
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Airfreight rates remain elevated in January
Airfreight rates on key trades were ahead of last year in January even though prices were down from the December peak.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that rates from Hong Kong to North America stood at $10.90 per kg in January.This is far above the ...
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NewsCLIVE: Marginal air cargo volume increase in January
General air cargo volumes in January 2022 recorded a 0.1% increase in chargeable weight compared to January 2021, according to the latest industry analysis by CLIVE Data Services.While the “global airfreight supply chain remains fragile,” volumes were also on a par with the pre-pandemic January 2019 level at plus 0.2%, ...
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Air cargo rates to stay high as challenges remain
Strong air cargo rates are set to continue but capacity and ground handling challenges will continue.This was the takeaway from the World Cargo Summit’s Air Cargo Market Update & Outlook, which focused on the market outlook for 2022 and beyond, hot spots for growth and the outlook for cargo charters.Niall ...
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Hong Kong air cargo volumes up 12.5% in 2021
Airport Authority Hong Kong (AAHK) said cargo throughput in 2021 at Hong Kong International Airport (HKIA) rose by 12.5% year on year to 5m tonnes, exceeding the 4.8m tonnes recorded in 2019.The number of cargo flights surged to an all-time record of 82,935, a year-on-year increase of 19.8%, confirmed AAHK. ...
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NewsIATA: Strong 2021 air cargo demand with constrained capacity
Willie Walsh. Photo: IATADemand for air cargo in 2021 was strong but capacity was constrained, according to IATA.Full-year demand for air cargo increased by 6.9% in 2021, compared to 2019 (7.4% for international operations) and 18.7% compared to 2020, following a strong performance in December 2021.This was the second biggest ...
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Massive cargo climb for east China's Jiangsu province
East China's Jiangsu Province saw its cargo flight sector over the last two years surge by 489% compared with the level before the COVID-19 epidemic.This is according to the provincial border inspection department, said Xinhua, China’s state press agency.The number of international air cargo flights reached 13,686 in 2020 and ...
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NewsCologne Bonn cargo up 14%
Photo: Cologne Bonn AirportCologne Bonn Airport saw a 14% increase in air cargo tonnage throughput in 2021, a new annual record.In total, around 986,000 tonnes of products and goods were handled at the German airport in 2021 - 14% more than in 2020 and more than ever before, said the ...
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NewsBudapest Airport’s air cargo up 36%
Photo: Budapest AirportBudapest’s Ferenc Liszt International Airport processed a total of 183,362 tons of air cargo in 2021, up 36% from 2020.The airport said this was achieved with just 4.8% growth in the number of cargo flights, thanks to a renewed increase in belly cargo traffic and better utilisation of ...
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NewsE-commerce boosts Ontario’s cargo throughput
Ontario International Airport (ONT) saw air cargo volumes drop last year but remain above 2019 levels.Cargo shipments totalled more than 890,000 tons, a decline of 3.7% from 2020 when e-commerce demand was at its peak, and 14% higher than 2019, said ONT.E-commerce experienced a double-digit percentage increase in shipment volume ...
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Record cargo volumes at Frankfurt in 2021
Frankfurt Airport handled record volumes of cargo last year despite a reduction in bellyhold capacity.The German hub – which is also the largest cargo airport in Europe – handled a record 2.3m metric tons of cargo last year.This figure is up 18.7% on 2020 levels and 8.9% ahead of the ...
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NewsMunich Airport freight volume up
Munich Airport. Copyright: Munich AirportMunich Airport’s total 2021 airfreight volume was 22,000 metric tons higher than 2020.This corresponds to an increase in freight volume of just under 15% and a 2021 throughput of 167,000 metric tons, stated the airport.“Airfreight increased considerably in comparison with 2020, particularly due to a significant ...
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NewsBrussels Airport airfreight climbs 30%
Pharma transport at Brussels Airport. Photo: Brussels AirportBrussels Airport’s 2021 flown airfreight volumes rose 30.6% compared to 2020 to 668,000 tonnes, and 33% more than in 2019, the best result since 2007.The total cargo volume - when trucked volumes are included - rose to 843,000 tonnes, an increase of 30.4% ...
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NewsChina's air cargo industry bounces back
Air China Cargo aircraft. Photo: Air China CargoChina's air cargo industry has recovered to close to the volume it was at in 2019, the Civil Aviation Administration of China (CAAC) has said.As of the end of 2021, China saw the volume of air cargo and parcels rise by 8.2% from ...
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Airfreight space constraints and high rates set to continue
Capacity constraints and high air cargo rates are expected to continue for the time being as the industry continues to battle with the impact of Covid-19.In the latest Baltic Exchange market round-up, industry observers say that ongoing issues in ocean freight and the emergence of the omicron variant have delayed ...
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NewsAir cargo growth slowed "significantly" in November
Air cargo growth slowed in November as supply chain issues affected demand, according to airline association IATA.The group's latest figures show that air cargo demand in cargo tonne km (CTK) terms in November increased by 3.7% compared with 2019 levels (used to mitigate the impact of Covid).IATA said that this ...
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NewsChongqing sees record cargo throughput
Terminal 3 at Chongqing Jiangbei Airport. Copyright: Juukeihc at English Wikipedia, CC BY 4.0 , via Wikimedia CommonsThe international cargo and mail throughput of China’s Chongqing Jiangbei International Airport totalled 220,000 tonnes in 2021, up nearly 50% year on year.This marks the first time that the figure has passed the ...
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NewsAir cargo demand in Asia remains resilient
The air cargo market in Asia remained resilient in November with volumes continuing to grow compared with 2019 levels.The latest statistics from the Association of Asia Pacific Airlines (AAPA) show that during the month cargo demand at the region's airlines increased by 16.5% year on year and stayed above volumes ...
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NewsE-commerce boosts Riga cargo traffic
Riga Airport. Photo: Svetlov Artem, CC0, via Wikimedia CommonsCargo traffic to and through Riga Airport has been boosted by the rapid growth of e-commerce.The total volume of air cargo handled at Riga Airport last year reached 27,900 tonnes, which is one-fifth more than in 2020. The 27,300 tonnes of air ...