Data news – Page 35
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News
Cargo iQ adds air cargo intelligence hub
Cargo iQ has launched a new intelligence hub giving members real-time information on performance and allowing them to compare themselves against the organisation's standards and the community overall.The performance data measures each individual cargo journey from shipper to consignee against 16 milestones.Through analysis of the data generated by these measurements, ...
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NewsAsian Cargo Monthly: International demand leads the way
Air cargo demand at Asian airlines continued to improve in August, with international and regional routes boosting performance.The latest figures from the region’s largest cargo carrier, Cathay Pacific, show that its cargo traffic increased by 11.3% in August to reach 974m cargo and mail revenue tonne kms.Traffic growth for the ...
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NewsEuropean cargo monthly: Demand soars at IAG and Lufthansa
The recent boom in air cargo demand continued at European airlines is August, with freight traffic for the month reaching record levels.Europe’s largest cargo carrier, Lufthansa, saw cargo demand increase by 9.8% year on year in August to 901m revenue cargo tonne km.This appears to be the airline group’s busiest ...
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Air cargo up 11% in July, but signs that growth may have peaked
Air cargo traffic increased again in July, compared with a year earlier, but airline organisation IATA has warned that there are a growing number of signs that improvements may have peaked.In total, air cargo traffic in freight tonne km terms increased by 11.4% year on year in July, while supply ...
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NewsTransatlantic rates on the up while Asia lanes continue to improve
Airfreight prices on the transatlantic trade lane returned to growth in August, while major Asian trades continued to report improvements.The latest figures from TAC Index show that average prices on services from Frankfurt to North America increased by 11.1% year on year in August to reach $2.31 per kg.The improvement ...
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Air cargo continues to grow in July, but China weakens
The latest demand statistics from WorldACD show that air cargo volumes continued on an upward trajectory in July, but also a weakening of growth originating from China.The analyst's monthly figures show that air cargo volumes increased by 11.8% year on year in July, thanks to a 14.2% improvement from origin ...
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LATAM's quarterly cargo traffic improves for first time since 2013
Quarterly air cargo traffic at the LATAM Group increased for the first time since 2013 during the second quarter of the year as imports into Brazil began to pick up.The Santiago-headquartered airline group registered a 0.3% year-on-year increase in cargo traffic to 799m revenue tonne kms (RTK).While the increase may ...
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NewsAsia Cargo Monthly: Demand and load factors up in July
Asian airlines continued to register strong improvements in cargo demand during July, while load factors also continued to edge up.Data from the region’s largest cargo carrier, Cathay Pacific, showed that its July cargo traffic increased by 11% year on year to reach 1bn cargo and mail revenue tonne kms.This represents ...
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European airports report best H1 air cargo performance since 2010
European industry body, Airports Council International, said that there had been a surge in freight traffic across the continent during the first half of 2017.An 8.7% increase in traffic was the best first half-year performance since 2010, it said, reflecting improved market conditions not only in Europe, but across the ...
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Airfreight prices jump in July, but rate of improvement narrows
Airfreight rates climbed again in July as volumes continue to soar and forwarders anticipate a strong peak season, but the rate of growth has narrowed.The latest Sea and Air Shipper Insight report from consultant Drewry shows that the average all-in buy rate across 28 major east-west lanes reached $2.64 per ...
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News
Turkish Cargo sees freight traffic take off in 1H
Turkish Cargo registered a double-digit percentage improvement in cargo revenues during the first half of the year, helped by strong growth in the Chinese market.The Istanbul-headquartered airline saw total cargo revenues increase by 25% year on year during the first six months of 2017 to $580m on the back of ...
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NewsAmericas Cargo Monthly: Airfreight demand continues to soar at US carriers
US airlines continued to see air cargo traffic increase at double-digit percentage levels in July, with improvements recorded at American, Delta and United.United, the largest freight carrier of the three airlines, saw demand increase by 17.1% year on year during the month to reach 279m cargo ton miles (CTM).This is ...
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NewsCathay swings to H1 loss despite improving cargo business
Cathay Pacific recorded a loss in the first half of the year, despite the positive performance of its cargo business (see tables at end of article).The Hong Kong-headquartered airline recorded a loss attributable to shareholders of HK$2bn during the first half, compared with a profit of HK$353m last year. Revenues ...
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News
Hong Kong Airport continues to report strong cargo growth in July
Hong Kong International Airport continued to report strong growth in its cargo volumes in July as exports continued to thrive.Cargo throughput at the airport increased by 11% year on year in July to reach 422,000 tonnes.The percentage growth is roughly in line with growth reported over the first seven months, ...
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NewsEuropean air cargo monthly: Freight continues to take off at Lufthansa and IAG
Major European airlines saw cargo demand growth accelerate in July, despite some warnings growth may have reached its peak.The latest figures from Lufthansa, IAG and Finnair all point to continued improvements in air cargo demand, with percentage growth in July beating their average for the year to date.Air France KLM ...
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Latin American airfreight continues to struggle
Members of the Latin American and Caribbean Air Transport Association (ALTA) reported a decline in freight tonne-kilometres (FTKs)in the first six months of the year, but the market does appear to be improving.FTKs were 1.8% down in the first six months of 2017 compared with the same period last year ...
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News
DHL the latest freight forwarder to see margins come under pressure
DHL Global Forwarding is the latest freight forwarder to see airfreight demand and revenues surge during the second quarter, but margins were under pressure as a result of increasing airfreight rates.The Deutsche Post-owned forwarder saw second-quarter airfreight revenues increase by 5.7% year on year to €1.1bn on the back of ...
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NewsAsian airfreight rates on the up, but transatlantic feels the squeeze
Airfreight rates on services from Asia continued to track ahead of last year’s levels in July, while some weakness was noticed on the transatlantic.The latest figures from TacIndex show that airfreight rates on services from Hong Kong to the US increased by 33% year on year in July to reach ...
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Muted airfreight growth for DSV as it digests UTi
Danish-headquartered forwarder and transport company DSV said its airfreight division increased volume by 10% in the first half of 2017, helped by its acquisition of UTi at the start of last year.This put it slightly ahead of the market, which was up 8%, it said in its interim financial report, ...
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NewsOptimistic IATA sees steady air cargo growth
Global freight tonne kilometres (FTKs) put in their strongest first-half performance for seven years, said IATA in its report for the first six months of 2017, published on 2 August.Traffic grew by 10.4% in the first half of 2017 compared to the first half of 2016, the best showing since ...