All Data articles – Page 31
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News
Questions raised as air cargo growth slips in May
With air cargo demand growth slowing again in May, analyst WorldACD has tried to pinpoint whether this is a one-off dip, or signs of growing weakness.According the analyst's latest figures, global air cargo volumes increased by 2.6% year on year in May, compared with growth of 4.3% over the first ...
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NewsAsia cargo monthly: Demand continues to grow in May but utilisation slips
Asian airlines continued to see cargo volumes grow at a steady pace in May, but capacity additions mean that freight load factors came under pressure.The region’s largest carrier group, Cathay Pacific, was the only airline in our monthly wrap-up that saw its cargo load factor increase during the month on ...
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NewsEuropean cargo monthly: Cargo growth slows in May
European airlines saw cargo growth slow in May, although the market was particularly strong this time last year.Europe’s largest air cargo combination carrier group, Lufthansa, saw cargo traffic during the month increase by 0.4% year on year to 908m revenue cargo tonne kms, which lags behind its growth rate for ...
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NewsMadrid: fastest-growing cargo airport
A report from LogIndex, the data company that is part of freight forwarder Kuehne + Nagel Group, has ranked the world’s airports according to their airfreight growth rates on a moving 12-month basis (see below for table).LogIndex managing director and K+N Management global head of new business João Monteiro summed ...
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News
Evolving freight forwarders remain optimistic
A white paper entitled The Evolving Freight Forwarding Market (2018) and based on 50 responses to a survey carried out by logistics research and consultancy firm Logistics Trends & Insights (LTI) in April reveals a great deal of optimism among the forwarding community – in spite of questions of viability ...
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NewsAirfreight rates on major trades continue ahead of last year
Airfreight rates continued to trend ahead of last year’s levels in May, with the transpacific trade lane showing particularly strong growth.The latest data from Tac Index shows that in May airfreight rates on services from Hong Kong to North America increased by 22% year on year to reach $3.88 per ...
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News
Serious business growth for air cargo in April
There was “serious business growth” for air cargo in April after fluctuating performance during the first three months of the year.Analyst WorldACD said that the cargo volumes increased by 4% in April, compared with a 4.8% improvement during the first quarter, when the Chinese New Year had its usual distorting ...
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News
Transpacific demand drives increase in airfreight rates
Demand growth on the transpacific trade lane helped boost airfreight rates to their highest level of the year so far in April.The latest figures from Drewry’s Sea and Air Shipper Insight report show that average all-in buy rates paid by forwarders to airlines on 28 east-west routes increased by 10.8% ...
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NewsAirfreight traffic growth back on track in April
Airfreight traffic growth was back on track in April after an "abrupt" slowdown in performance during March.The latest figures from IATA show that freight tonne kms (FTK) increased by 4.1% in April, compared with a “sharp fall” in growth during March to 1.8% — a 23-month low.The end of the ...
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NewsAsian cargo monthly: Carriers back on form in April
Asian airlines saw cargo demand growth improve in April after a weaker performance in March.The region’s largest carrier group, Cathay Pacific, registered a 7.9% increase in demand to 979m cargo and mail revenue tonne kms.This is up on the 4.9% increase recorded in March and is also ahead of growth ...
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NewsEuropean cargo monthly: April is a better month
IAG and Finnair saw cargo volumes return to growth in April, while Air France KLM and Lufthansa suffered from the effects of strike action.The IAG Group, which includes British Airways, Iberia and Aer Lingus, saw cargo demand increase by 3% year on year in April to 480m cargo ton kms.The ...
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NewsAirfreight rates continue to track ahead of 2017 levels in April
Air cargo carriers continued to see airfreight rates improve in April compared with a year earlier.According to the latest figures from data provider Tac Index, carriers offering cargo capacity on services from Hong Kong to North America saw prices increase by 14.8% year on year in April to $3.65 per ...
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NewsAsian cargo monthly: Traffic growth slows in March
March saw air cargo traffic growth at Asian carriers weaken after a slow pick up after the Chinese New Year and following on from similar trends at their European rivals and major hubs in the region.The largest cargo carrier group in the region, Cathay Pacific, saw total cargo traffic for ...
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NewsMarch sees air cargo growth slow to its lowest level in 22 months
Air cargo growth slipped to its lowest level in 22 months in March, with IATA citing the end of an inventory re-stocking cycle as the main reason for the slowdown.The latest figures from IATA show that air cargo traffic in freight tonne km (FTK) terms increased by 1.7% in March, ...
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News
Air cargo volumes up 4.8% during the first quarter
Global air cargo volumes improved in the first quarter but growth slowed as the period progressed as the effects of Chinese New Year continued into March.The latest figures from analyst WorldACD show that air cargo demand increased by 4.8% year on year during the first three months of the year.This ...
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News
March airfreight prices up on 2017 levels
Average airfreight rates in March are down on February’s levels but continue to track ahead of last year’s figure for the month.The latest airfreight price index from consultant Drewry’s Air and Shipper Insight report show that average all-in buy rates paid by forwarders to airlines on 28 east-west routes reached ...
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NewsAmerican Airlines reports Q1 cargo revenue growth
American Airlines is the latest US carrier to report strong financial performance for its cargo during the first quarter of the year, with revenues and traffic increasing at double-digit percentage levels.The Dallas-headquartered airline saw total first-quarter cargo revenues increase by 18.8% year on year to $227m.The revenue increase comes on ...
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NewsLufthansa reports another strong quarter for cargo on rate increases
Rate increases helped boost revenues at Lufthansa’s cargo and logistics business in the first quarter of the year.First-quarter figures from the Frankfurt hubbed aviation group show that its logistics business segment saw revenues increase by 12.7% year on year to €641m in the first quarter.This is ahead of a 4.6% ...
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News
K+N reports rapid airfreight growth boosted by acquisitions
Kuhne+Nagel (K+N) continued to report strong growth in its airfreight volumes during the first quarter of the year thanks in part to recent acquisitions.The world’s number two airfreight forwarder saw first-quarter volumes increase by 21% year on year to 422,000 tons as a result of market growth and the integration ...
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NewsEuropean cargo monthly: Demand growth weakens in March
European airlines saw cargo demand growth continue to weaken in March as some of the region’s top airlines registered demand decreases.The latest statistics from Air France KLM, IAG and Finnair all saw cargo volumes decline in March compared with a year ago, while Lufthansa reported weaker growth.Performance during the month ...