The latest statistics from data provider WorldACD show that airfreight demand out of China and Hong Kong to the US declined slightly last week while rates increased
Airfreight rates on key trade lanes out of Hong Kong were flat in March but remain ahead of the year-ago level.
The air cargo industry saw demand levels pick back up in March but the outlook is growing increasingly gloomy following the latest moves from the White House
The results from the latest Air Cargo News industry outlook survey are in and respondents are feeling positive despite some real concerns
Airfreight rates continued to rise last week as firms looked to move goods before the US announces what are expected to be its most far-reaching range of tariffs yet
Air cargo registered its first year-on-year decline in February since March 2023 as a result of “extraordinary” growth a year ago.
Air cargo demand out of Asia Pacific continues to rebuild after Lunar New Year (LNY) with tonnages from Asia Pacific markets to the US climbing since the holiday period
Airfreight demand and rates have stabilised over the last couple of weeks following the highs and lows caused by the Lunar New Year
Cathay Pacific saw cargo revenues, volumes and yields increase last year, although the company is “cautiously monitoring” the impact of geopolitical developments
AFKLMP saw its revenues decline in 2024 despite cargo traffic and volumes improving due to limited exposure to the fast-growing Asia market.
The first signs of the impact of stricter requirements around e-commerce were visible in February’s air cargo data, while the overall market continued to grow
Kuehne+Nagel registered an increase in airfreight volumes last year despite “challenging market conditions” but operating profits for the division came under pressure
Airfreight rates on major routes out of Hong Kong remained above last year’s levels in February despite concerns regarding the impact of tariffs
January marked the 18th consecutive month of growth for the air cargo industry, but market conditions should be closely monitored, warns IATA