All Data articles – Page 34
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NewsEuropean Cargo Monthly: Growth starts to slow in October
Air cargo growth at European carriers looks to have slowed in October, with IAG Cargo and Lufthansa seeing increases narrow during the month.Any potential slowdown in demand growth should not come as too much of a surprise given that comparisons are affected by improvements in the market at the tail ...
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NewsAsia rates take-off but transatlantic flat
Airfreight rates on intercontinental services out of Asia continued to soar in October, with improvements on Asia-Europe and transpacific services.The latest figures from Tac Index show that average prices on services from Asia to North America increased by 17.7% year on year in October to reach $4.05 per kgThis is ...
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Lufthansa sees cargo business continue to improve in third quarter
Lufthansa’s cargo and logistics division saw revenues and operating profits continue to improve during the third quarter of the year as the market maintained its upward trend and the carrier offloaded two MD-11Fs.The German airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and an equity investment in AeroLogic, saw ...
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NewsAsia Cargo Monthly: Record week for Cathay Pacific
Asian airlines continued to report strong cargo figures in September, with Cathay Pacific breaking a cargo record and reporting improving yields.The latest figures from airlines in the regions show that there was some slowdown in growth in September at certain airlines but overall cargo continued to improve.The region’s largest cargo ...
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Panalpina expects busy peak as airfreight continues to grow
Freight forwarder Panalpina saw airfreight volumes increase by 8% during the third quarter of the year as it prepares for a strong peak season.The Switzerland-based firm saw airfreight volumes increase to 249,000 tonnes during the July-September period compared with 228,000 tonnes for the same period last year.The overall market is ...
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NewsEuropean cargo monthly: Demand picks up as peak season approaches
European airlines saw cargo demand ramp up in September as the peak season started to get underway.The latest data from airlines based in the European region show that demand was up across the board in September compared with August.In fact, Lufthansa, IAG and Finnair all had their busiest September since ...
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K+N air growth ramps up but margins still under pressure
Double-digit percentage air cargo demand and revenue growth at freight forwarder Kuehne+Nagel (K+N) helped offset margin pressure in the third quarter of the year.The Switzerland-based forwarding giant continued its good run of form in 2017, with third-quarter airfreight demand increasing by 20.6% to 391,000 tonnes, while air revenues were up ...
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European airfreight volumes pick up
According to the latest edition of Danske Bank Markets’ European Freight Forwarding Index, airfreight volumes rose in August when compared with June, reaching 57.This upward trend is expected to continue during September and October, based on the predictions of respondents – who were asked for their current volumes versus two ...
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Central Asia growth outpaces the overall market
Cargo demand to and from central Asia is growing at a faster pace than the overall market, while the region’s airlines could also benefit from their position between Asia and Europe.Speaking at the Caspian Air Cargo Summit in Baku, World ACD Market Data director Ken de Witt Hamer said that ...
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NewsAmericas cargo monthly: LATAM cargo on the up
The LATAM Group saw cargo demand take off in August, while US carriers continued their impressive run of formSantiago-headquartered LATAM Group registered a 7% year-on-year improvement in cargo traffic in August to 291m revenue tonne km.This is the largest year-on-year percentage improvement recorded by the carrier group since April 2013.The ...
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Airline-shipper relations need rethink, says Unisys expert
Airlines and their customers will have to forge new style alliances, predicts a Unisys industry expert.Venkatesh Pazhyanur, senior industry director of freight solutions at the global IT firm, predicts that there will be strategic alliances between airlines and big-volume shippers such as postal authorities, online retailers, global distributors and supply ...
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Shipper chief predicts information breakthrough
Breakthroughs in air cargo quality assessment will help cargo users better select the best suppliers, said the head of the main shippers’ group in Europe.Writing in the latest TIACA newsletter, European Shippers' Council chairman and TIACA board member, Denis Choumert, said that until quite recently, “the information available to shippers ...
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NewsAirfreight rates return to growth in September
Airfreight rate growth on major trade lanes picked up again in September after a slowdown in improvements in August. The latest figures from TAC Index show that average prices on services from Hong Kong to North America increased 29.4% year on year in September to reach $3.78 per kg.Rates were ...
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IATA hopeful on cargo yields as demand continues to soar
IATA is hopeful that cargo yields could be set to improve as demand growth outstrips capacity supply.In its latest market wrap up, the airline association said that air cargo demand in freight tonne km terms increased by 12.1% in August, well ahead of the five-year average growth rate of 4.4% ...
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Airfreight rates flat in August
Airfreight rates on major east-west traders were largely flat in August, but are expected to have picked up again in September.The latest figures from consultant Drewry’s Sea and Air Shipper Insight show that the average all-in buy rate across 28 major east-west lanes stood at $2.63 per kg in September.This ...
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Air cargo volumes continue to grow as North America steps up
Air cargo’s impressive growth figures continued in August as North American performance improved, while yields are also showing signs of improvement.The latest figures from analyst WorldACD show that air cargo demand in weight terms increased by 12.9% year on year, with cargo being flown over longer distances and the average ...
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Airports see strong Far and Middle East growth
Air freight through Asia-Pacific airports grew 9.3% and 10.6% in the Middle East during July, according to the latest figures from Airports Council International Asia-Pacific.ACI-AP said that exports continued to drive strong air freight growth in the Asia-Pacific region during the month, with Hong Kong up 11.1%, Shanghai Pudong by ...
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Air industry is going east, says ACI
There has been a decisive eastward shift in world aviation, says Airports Council International (ACI) in the latest edition of its Emerging Aviation Market Index, which tracks 19 high growth emerging markets that have a significant critical mass of passenger and air cargo throughput, showed that countries such as India, ...
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CHAMP empire extends to 50 nations
With more and more customs authorities asking for advance information, CHAMP Cargosystems has extended its Traxon Global Customs (TGC) solution to ten more countries over the past none months.It says that TGC now covers over 50 countries.The latest additions are the Philippines, Abu Dhabi, Kyrgyzstan, Nicaragua, Canada, Ghana, the Maldives, ...
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Airfreight market heats up in July
Freight volumes continued to increase in July, said Airports Council International (ACI) in its latest figures. Traffic was boosted 8.4% by strengthening global trade and industrial production, the trade group commented.Year-to-date global volume growth reached 8.4%, “a particularly stark contrast with July 2016, where this number stood at 0.9%”, commented ...