All Data articles – Page 16
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NewsWorldACD: Air cargo demand on the up in January
Air cargo demand in January matched the performance of a year ago — the first month since the start of the pandemic not showing a year-on-year decline.Figures from WorldACD show that while demand was flat compared with a year ago, airfreight rates increased by around 75% year on year, although ...
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NewsGerman airfreight market registers 22% decline in 2020
Last year, in the wake of the coronavirus pandemic, global airfreight traffic fell by 10.6% year on year, according to IATA; this is the biggest decline since records began in 1990.But how did the year go for market participants in Germany? How did the top 10 airfreight forwarders and airlines ...
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Stellar year for cargo at Chicago Rockford
Chicago Rockford International Airport (RFD) handled record cargo volumes in 2020 on the back of e-commerce demand.The Illinois airport saw cargo volumes increase by 15% year on year in 2020 1.2m tonnes. The leading driver of the cargo growth was e-commerce purchases."Cargo growth has continued at a high pace since ...
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Record cargo volumes at Anchorage International
Ted Stevens Anchorage International Airport (ANC) handled record cargo volumes last year as e-commerce soared and the use freighters to carry cargo increased.The airport, which has a large number of freighter services, saw its cargo volumes increase by 16% year on year to 3.5m tonnes.“The tremendous surge in cargo volumes ...
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Long-term air cargo capacity outlook remains uncertain
While air cargo capacity is expected to remain constrained in the short term, opinion is divided on the supply-demand balance in the longer term.Speaking during Cargo Talks, an online event hosted by from Turkish Cargo, Wouter Dewulf, academic director, C-MAT, University of Amsterdam, said that it was likely that cargo ...
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NewsCLIVE: Air cargo load factors "exceptional" as unpredictable market continues
January saw air cargo load factors and rates pick up quickly after a post-Christmas slowdown in the first part of the year.The latest statistics from CLIVE Data Services show that in January, dynamic cargo load factors for the month stood at 66%, an increase of nine percentage points compared with ...
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IATA: Lockdowns and capacity crunch cause worst year for air cargo demand
IATA has revealed that last year was the worst year for air cargo demand since it began recording air cargo trends in 1990.Looking back at air cargo's performance in 2020, the association reported a year-on-year decrease in air cargo demand, measured in cargo tonne-km (CTKs), of 10.6% — which is ...
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Airfreight rates remain elevated in January despite seasonal slowdown
Airfreight rates on key trade lanes declined in January compared with a month earlier but remain far above last year’s levels.The latest statistics from Baltic Exchange Air Freight Index (BAI) show that average rates on services from Hong Kong to North America slipped to $6.43 per kg in January compared ...
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A record year for cargo at Miami International
Miami International Airport (MIA) set a new record for cargo volumes in 2020 thanks to an end of year surge in demand.Last year, the Florida airport saw its cargo volumes increase by 57,382 tons year on year to more than 2.3m tons.The airport highlighted an "exceptionally strong" end to the ...
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NewsAsian carriers see international cargo volumes drop 15% in 2020
Airlines based in the Asia Pacific region saw their international cargo volumes decline by more than 15% last year as the impact of the Covid-19 outbreak took its toll.Figures from the Association of Asia Pacific Airlines (AAPA) show that in 2020 international scheduled cargo traffic declined by 15.5% year on ...
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Hong Kong traders see Biden bounce for airfreight
Hong Kong traders are optimistic about the airfreight outlook, following the inauguration of Joe Biden as the US president, which might ease tensions between China and the US.That is the headline result of the latest DHL Hong Kong Air Trade Leading Index (DTI), a quarterly survey of more than 600 ...
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NewsCarriers quick to return cargo capacity to the market after Christmas
Air cargo capacity quickly recovered to pre-Christmas levels after a temporary dip over the break, according to the latest figures from Accenture's Seabury Consulting.The latest Seabury figures show that capacity across express carriers, freighter carriers and bellyhold operations dipped in the last week of the year (see chart) but was ...
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More than 150 aircraft reconfigured as mini freighters in 2020
Last year a total of 155 aircraft had seats removed in order to transport cargo in the cabin, according to figures from Cirium's Airline Insight Review 2020.The report found that the number of aircraft with seats removed in operation at any one time fluctuated throughout the year, with the peak ...
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NewsWorldACD figures highlight a changing air cargo market in 2020
The extent of the air cargo market's move away from bellyhold capacity in favour of freighters and the affect on rates have been highlighted in new statistics from WorldACD.Figures from the data provider show that from key markets, belly capacity decreased by an average of 51% year on year in ...
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Leipzig/Halle expects another busy year for cargo after a record 2020
Leipzig/Halle Airport handled record air cargo volumes last year and it is expecting further growth in 2021.The German airport saw its cargo volumes increase by 11.7% year on year to a record 1.4m tonnes. Growth was particularly significant during the fourth quarter; in December, the amount of freight handled increased ...
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Airfreight rates expected to remain elevated in 2021
Airfreight rates are expected to remain elevated in 2021 as the demand outlook remains uncertain and belly capacity is slowly re-introduced into the market.Writing in a Baltic Exchange market update, Bruce Chan, vice president – global logistics at investment bank Stifel, said that airfreight rates are likely to remain elevated ...
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NewsAir cargo continues to improve in November but Covid vaccine to add pressure
Air cargo demand continued to improve in November, while load factors remain high due to the loss of bellyhold capacity, according to the latest statistics from IATA.The airline association's data shows that during the peak season month, air cargo tonne kms declined by 6.6% compared with a year earlier. Over ...
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NewsCLIVE: Air cargo volumes return to growth in December
The air cargo industry ended 2020 on a positive note with weekly volumes growing for the first time in more than a year, according to CLIVE Data Services.The latest figures from CLIVE show that for the week ending on January 3, air cargo demand increased by 8% compared with a ...
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NewsWorldACD: Air cargo demand dips in November but rates rise
Air cargo's gradual demand recovery slowed in November, but there were signs that volumes were picking up again in December, according to data provider WorldACD.The company's data for the month of November shows that in "a year like no other" volumes declined by 12.6% year on year but rates experienced ...
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Forwarding market set to rebound in 2021
The global freight forwarding market experienced its most challenging year to date amid the Covid-19 pandemic, contracting 9% year-on-year. However, it is expected to rebound in the years ahead, according to industry analyst Transport Intelligence (Ti).With promising developments with regard to a Covid-19 vaccine, the International Monetary Fund (IMF) has ...