Data news – Page 12
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News
Liege reports record cargo volumes for 2021
Liege Airport saw its air cargo volumes reach record levels again last year as demand for freighter operations continued to rise.The airport, which has built a reputation as a cargo specialist in recent years, reported a 26% year-on-year increase in cargo volumes to 1.4m tonnes last year.The record volumes follow ...
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NewsBoryspil sees record cargo climb
Boryspil International Airport will begin constructing a new air cargo terminal this year. Photo: Boryspil International AirportBoryspil International Airport achieved cargo throughput of 45,675 tons in 2021, a record for the last four years.The Ukraine airport's 2021 cargo throughput surpassed the cargo flow of 2019 by 8.7%. However, the volume ...
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Hamad cargo throughput up 20%
Hamad International Airport’s (HIA) cargo volumes increased by 20.71% in 2021, with 2.6m tonnes of cargo handled throughout the year.The airport in Qatar also introduced six new cargo destinations.In December, Air Cargo News reported that AECOM will oversee the design and manage construction for Cargo Terminal 2 and Amiri Flight ...
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Airfreight rates end the year on a high
Airfreight rates on major trade lanes ended the year on a high as supply chains remained under pressure.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average prices from Hong Kong to North America in December reached $12.72 per kg - their highest level of the year ...
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NewsShenzhen Bao’an cargo exceeds 1.5m tonnes
Shenzhen Bao’an International Airport. Copyright: 準建築人手札網站 Forgemind ArchiMedia, CC BY 2.0 , via Wikimedia CommonsShenzhen Bao’an International Airport’s cargo handling volume exceeded 1.5m tonnes in 2021.The local transport bureau said cargo throughput is up 12% year on year, according to China’s state press agency, Xinhua.Shenzhen handled about 318,000 flights last ...
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NewsOstend-Bruges sees steep cargo increase
Photo: Ostend Bruges AirportOstend-Bruges International Airport in Belgium recorded a cargo throughput increase of 17.8% in 2021.The handled volume rose by 17.8% to 62,056 tons. This is the best result since 2011, said the airport.Cargo tonnage was 52,659 in 2020, 24,757 in 2019 and 27,719 in 2018. Volume in 2017 ...
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NewsSchiphol cargo throughput up
Amsterdam Schiphol Airport's 2021 cargo throughput is up from 2020. Photo: PixabayAmsterdam Airport Schiphol's cargo throughput climbed 15% in 2021 compared to 2020.Schiphol processed 1.66m tonnes of cargo in 2021 – an increase of 15% relative to 2020 (1.44m tonnes). Throughput is also up 5% relative to 2019 (1.57m tonnes).There ...
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NewsSupply chain issues continue to weigh down air cargo growth
Ongoing supply chain issues continued to weigh down air cargo demand growth in December but rates continued to surge.According to figures from CLIVE Data Services, air cargo demand in December - traditionally the peak season - fell by 5% compared with the same month in 2019 (used for comparison to ...
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NewsAir cargo capacity climbs but rates remain high
Air cargo capacity continued to edge back towards 2019 levels at the end of November but strong demand and congestion has continued to push up prices on the transpacific.Figures from Accenture's Seabury Consulting show that air cargo capacity in the last two weeks of November was 5% lower than the ...
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News
Omicron set to restrict cargo capacity and keep rates high
The Omicron variant is set to keep air cargo capacity tight and as a result air cargo rates will remain at an elevated level.In the latest Baltic Exchange market update, investment bank Stifel senior analyst Bruce Chan said that the new variant will restrict network capacity due to safety protocols, ...
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News
IATA warns knee-jerk Omicron reaction could hit cargo capacity
IATA has warned that cargo capacity could come under pressure if governments adopt a knee-jerk reaction to the Omicron variant.The airline association said that in October cargo tonne kms increased by 9.4% compared with 2019 levels, but added that capacity could be affected by any government restrictions on travel in ...
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NewsAir cargo demand wanes as congestion puts the sector under pressure
Congestion on the ground is driving up air cargo rates and clogging up air cargo supply chains.Figures from analyst CLIVE Data Services show that demand decreased in November by 1.2% compared with October, reversing the usual trend of demand rising as the year draws to a close.Mirroring this decline, dynamic ...
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NewsForwarding market returns to growth led by air cargo
The freight forwarding market is expected to grow by double-digit percentage levels in 2021 compared with last year led by the air cargo sector.The latest market forecast from consultant Transport Intelligence (Ti) shows that the forwarding market (in total value terms) is expected to improve by 12% in 2021 compared ...
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News
Asia Pacific airlines report "vigorous" airfreight growth
Asia Pacific airlines saw “vigorous” airfreight growth in October due to a “robust” cargo market while passenger traffic remained at low levels.Preliminary October 2021 traffic figures released by the Association of Asia Pacific Airlines (AAPA) saw international air passenger demand remain significantly depressed, with the impact from the recent easing ...
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News
CHAMP launches market analytics service
CHAMP Cargosystems is launching a new market data product to provide greater insight into the air cargo market.The software firm said it had been working with 26 companies to trial the new data service, named MarketAnalytics.Data is pulled directly from companies' systems rather than using monthly accounting updates or files ...
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NewsRates surge in October despite 'lower than expected' load factors
Source: CLIVE Data ServicesAir cargo rates surged in October due to shipper fears of a lack of peak season inventory, according to CLIVE Data Services.Figures from CLIVE Data Services show that average rates in October were up by 155% compared with 2019, 37% compared with last year and 10% compared ...
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Supply chain issues continue to drive air cargo demand
Air cargo demand continued to increase in September as ongoing supply chain issues pushed companies to utilise airfreight.The latest figures from airline association IATA show that demand in cargo tonne km terms (CTK) increased by 9.1% in September compared with the same month in 2019.Capacity in available CTK for September ...
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Conversions in demand as all-cargo flights continue to soar
Demand for freighter conversions is expected to remain strong over the coming years as the number of freighter flights surges compared with pre-pandemic levels.The latest figures from consultant IBA show that in September there were 132,000 freighter flights compared with 95,000 during the same month in 2019.IBA added that at ...
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Cathay Pacific hikes transpac BSA prices as market surges
Cathay Pacific Cargo is hiking its block space agreement (BSA) prices on its transpacific and India services in response to current market conditions.In a letter sent out to customers, the Hong Kong-based carrier said it would impose a General Rate Increase (GRI) of HK$18 per kg on the base rate ...
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Cathay Pacific Cargo reports busiest month since Covid outbreak
Cathay Pacific Cargo in September reported its busiest month since the start of the Covid-19 pandemic.The cargo carrier saw volumes reach 130,997 tonnes in September, an improvement of 19.7% compared with last year.The increase comes on the back of robust demand and the re-introduction of capacity, which is up by ...