Data news – Page 37
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NewsTop 25 air forwarders 2016 revealed: DHL maintains top spot
DHL Global Forwarding, Kuehne+Nagel (K+N), DB Schenker and UPS maintained their position as the leading four airfreight forwarders in 2016, while DSV’s acquisition of UTi propelled it up the list (scroll to end for full list).The latest top 25 Global Freight Forwarders list from consultant Armstrong & Associates, based on ...
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NewsAir cargo innovation: Looking into the future
How does the traditional air cargo industry handle digitisation of the supply chain and also compete with start-up logistics companies offering shippers an app-based business-to-consumer service?Those were two of the questions posed at the ‘What’s next in logistics innovation?’ panel session at the Frankfurt Air Cargo Innovation Lab conference, hosted ...
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Airfreight rates continue to climb in May
Airfreight rates continued to track ahead of last year’s levels in May, although there was a decline compared with April levels.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average all-in airfreight buy rate across 21 major east-west routes increased by 5.3% year on ...
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NewsEuropean cargo monthly: Demand growth picks up in May
Major European airlines saw cargo growth pick up again in May following on from a slight slowdown in April.The latest freight figures from Air France KLM, Finnair, IAG and Lufthansa also show an improvement in year-on-year percent growth compared with the level achieved in April.At Lufthansa Cargo there was a ...
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Asian airlines see cargo demand rise but focus remains on profitability
Airlines based in the Asia Pacific region enjoyed "robust growth" in air cargo volumes in May, according to the latest statistics from the Association of Asia Pacific Airlines (AAPA).Figures from the association show air cargo demand in freight tonne km terms increased by 12.2% year on year in May, reflecting ...
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NewsAirport cargo demand continues to grow in April
Airfreight volumes at airports continued to increase during April, following a more “subdued period of growth” in 2016.The latest figures from industry body Airports Council International (ACI) show that cargo demand improved by 6% year on year during April (see chart at end of article).The fastest growing region in April ...
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DSV airfreight outpaces market on UTi acquisition
DSV recorded improvements in profits, revenues and airfreight demand during the first quarter of the year as it continued to benefit from its acquisition of UTi and market growth.The Copenhagen-headquartered freight forwarder saw first-quarter airfreight demand improve by 20% year on year to 147,439 tonnes. The forwarder estimates that the ...
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NewsIAG Cargo traffic up on shipping disruption but revenues slide
IAG Cargo saw revenues decline in the first quarter of the year due to challenging market conditions but it registered an improvement in traffic partly driven by container shipping disruption.The cargo arm of IAG, which owns British Airways, Iberia and Aer Lingus, recorded a 2.3% year-on-year decrease in first-quarter cargo ...
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NewsApril freight growth tails off but IATA remains upbeat
Global air freight tonne kilometres (FTKs) rose 8.5% in April 2017 compared to last year, said IATA in its latest figures.While this was down from March’s 13.4% year-on-year growth, it is well above the average annual growth rate of 3.5% over the past five years.Meanwhile, growth in freight capacity, measured ...
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NewsAmerican Cargo Monthly: LATAM finally registers a demand improvement
LATAM Cargo has reported a year-on-year improvement in its monthly traffic for the first time in two-and-a-half years, while US carriers continue to see improving monthly figures.The Santiago-headquartered airline saw cargo traffic during May increase by 1.3% year on year to reach 271m revenue tonne km (FTK).Click on the chart ...
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E-AWB usage finally breaches 50% mark
Electronic Air Waybill (e-AWB) penetration finally breached the 50% mark in April as more than 730,000 of the digital documents were processed.The latest IATA figures show that April’s e-AWB penetration level on feasible trade lanes edged up by 1.3 percentage points compared with March to reach 50.7%, exceeding the 50% ...
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Rates continued to track ahead of a year ago in May
Airfreight rates on key trade lanes continued to track ahead of last year’s levels in May, according to the latest figures from TacIndex.Numbers from the data provider show that on services between Hong Kong and the US, the average airfreight rate paid to carriers increased 38% year on year to ...
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NewsAsian Cargo Monthly: Demand flies in April
Asian airlines continued their run of success on the cargo demand front in April, with the region’s major carriers all registering traffic growth on a like-for-like basis.The region’s largest cargo carrier, Cathay Pacific, saw cargo traffic increase by 6.2% in April to 907m cargo and mail tonne km. The increase ...
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NewsCost cutting continues at Asian airlines despite traffic growth
Airlines based in the Asia Pacific region enjoyed cargo traffic growth of 9% in April as export orders from the region continued to surge, but carriers continue to cut costs to meet rising costs.The latest figures from the Association of Asia Pacific Airlines (AAPA) (see table at end of article) ...
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Airfreight rates continue to rise in April
Airfreight rates improved again in April led by improvements on services from Asia to North America.The latest Sea and Air Shipper Insight report from Drewry, which uses a weighted average of buy rates across 21 trade lanes, showed that average east-west airfreight prices increased by 7.9% year on year in ...
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NewsEuropean Cargo Monthly: Another busy month for European carriers
April proved to be another good month for some of Europe’s major airlines as increases in cargo traffic were recorded at Lufthansa, Air France KLM and IAG.The latest monthly stats from Lufthansa, the largest of the three in cargo terms, show a 6% year-on-year improvement in traffic for April to ...
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NewsAmerican cargo monthly: US carriers see demand fly as rates improve
The three major US carriers continued to record rapid increases in cargo demand in April and sources have indicated that rates are also now starting to pick up.The latest figures from United, American and Delta show that all three carriers registered an improvement in demand during the month.The largest of ...
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NewsAF KLM Cargo sees decline in Q1 revenues
Air France KLM saw revenues decline in the first quarter of the year despite an improvement in traffic.The Franco-Dutch airline saw first quarter revenues decline by 4.7% year on year to €504m, despite traffic for the period increasing by 0.5% to 2bn revenue tonne km.Cargo capacity at the airline group ...
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NewsAir cargo demand growth reaches six year high
Air cargo traffic grew at its fastest rate since late 2010 in March as the industry continues to benefit from an uptick in world trade and export orders.The latest figures from airline body IATA show that in freight tonne km terms traffic increased by 14% year on year in March, ...
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Ceva sees revenues and volumes improve in Q1
Ceva recorded a loss in the first quarter of the year despite an improvement in revenues and airfreight volumes.The freight forwarder saw first-quarter revenues increase by 1.9% year on year to $1.6n, operating income was up to $8m from $4m a year earlier but it registered a net loss of ...