All Business Articles – Page 69
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US port chaos boosts ex-Asia Pacific air cargo revenues
Inbound US west coast container port congestion provided a November boost for transpacific air cargo revenues out of Asia to North America, although ex-US revenues fell.WorldACD’s latest monthly market data found that the transpacific was the best of the large markets in November.The Netherlands-based research house posed the question: “Did ...
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Cologne cargo up 2% in 2014
Cologne Bonn Airport saw record air cargo growth in 2014, handling 753,000 tonnes, a two per cent increase on 2013.The German airport handled 9.5m passengers in 2014 – a “significant rise” over prior year.“2014 has exceeded our expectations. We have developed better than the German passenger market, partially with growth ...
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Thumbs up for Emirates' all-in freight rates
Shippers and forwarders have welcomed Emirates SkyCargo’s move to introduce an all-inclusive freight rate that does away with separate pricing components based on weight/volume plus fuel and security surcharges.“It is the best start to 2015 that I could imagine,” said Joost van Doesburg, airfreight policy manager with the European Shippers’ ...
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Heathrow cargo volumes hit new heights
London Heathrow Airport saw a 5.3 per cent growth in cargo volumes in full year 2014 to 1.5m tonnes, ending with a final freight flourish.In December, cargo volumes at the number one UK freight hub rose 6.2 per cent overall, including increases of 33.5 per cent to Mexico, 29.4 per ...
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Cargo leads Atlanta’s agenda
ATLANTA Hartsfield-Jackson International airport, the world’s busiest in terms of passenger traffic and aircraft movements, wants to upgrade its cargo side. At the top of the agenda: more warehouse space and upgraded perishables facilities, writes John McCurry.Miguel Southwell, aviation general manager for the airport, says Hartsfield-Jackson has had two successive ...
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French forwarders slam fuel surcharges
French freight forwarders have called on airlines to end separate fuel surcharges, which they argue are no longer relevant.TLF Overseas, the French freight forwarders organisation representing 95 per cent of general air cargo transactions, expressed its “incomprehension” of a situation that requires “more transparency and real positive economic signals from ...
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Liege cements top slot in Belgium
Liege Airport confirmed its position as Belgium’s number one cargo airport with 590,579 tonnes in 2014, up 5.3 per cent on 2013.The increase at the European hub was due to increased throughput by major carriers TNT Airways, Ethiopian Cargo and CAL, along with Ana Airline Management’s decision to base its ...
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Volga-Dnepr: Still shouldering the burden
There are “a lot of assumptions and a lot of speculation about what is happening and what is not happening, but we are a private airline and it has had no direct effect on us,” says Dennis Gliznoutsa, vice-president sales of Volga-Dnepr about the impact on its business of the ...
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Doncaster Sheffield cargo doubles
Robin Hood Airport Doncaster Sheffield, one of the UK’s newest commercial airports, reports a more than doubling of its cargo traffic to 945 tonnes in 2014.Ebola aid flights to Sierra Leone in November and December by Anglo World Cargo contributed to a 112 per cent increase in freight, it said. ...
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Shanghai sets freight record
Shanghai Pudong International Airport has set a new cargo record, handling a total of 1.5m tonnes of freight in 2014, with growth of 16.15 per cent year-on-year.Shanghai Pudong International Airport Cargo Terminal Co Ltd. (PACTL) - a joint venture handling operation between Shanghai Airport, Lufthansa Cargo and JHJ Logistics Management ...
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Frankfurt cargo up 1.7 per cent in 2014
Strikes and snow failed to dampen 2014 cargo volumes at Frankfurt airport, with Germany’s premier freight hub recording a 1.7 per cent rise in full year throughputs to 2.2m tonnes.However, in December 2014, cargo volumes for the final month slipped 1.4 per cent year-on-year, reaching 176,241 tonnes.Frankfurt's full year 2014 ...
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Hong Kong on the rise
Hong Kong Air Cargo Terminals Limited (Hactl) finished 2014 with a strong final quarter that helped fuel an 8.7 per cent rise in full year handled volumes to just over 1.8m tonnes.Hong Kong’s major independent cargo handler ended 2014 with its strongest quarter of the year, handling 491,000 tonnes, an ...
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Dubai International cargo down as freighters switch hubs
Freight volumes at Dubai International (DXB) fell 3.1 per cent in 2014 over prior year to 2.36m tonnes, due to the shift of freighter operators to Al Maktoum International at Dubai World Central (DWC) earlier this year.December’s freight volumes at DXB decreased by seven per cent to 203,000 tonnes.Did you ...
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1.45m tonne debut year for Hong Kong terminal
Cathay Pacific Cargo Terminal (CPCT) handled 1.45m tonnes of cargo in 2014, its first full year, with transshipment traffic the main driver at 54 per cent of volume throughput.Import and export cargo tonnage throughput were 15 per cent and 31 per cent, respectively, said parent company Cathay Pacific Services Ltd ...
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Full year cargo rise at Athens
Athens airport saw a 3.3 per cent rise in full year 2014 cargo volumes at its four freight terminals to 77,327 tonnes.Alexis Sioris, manager cargo development at Athens International Airport, said: “We are once again showing our customers that Athens is a multi-modal cargo hub, which has been a major ...
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German shippers join cartel claims lawsuit
German carmaker BMW and car supplier Bosch are joining German railway Deutsche Bahn in a $2.4bn claim for damages against airlines involved in a global air cargo cartel between 1999 and 2006.Spokespeople for BMW and Bosch told Reuters that the companies had joined the lawsuits, announced by Deutsche Bahn’s DB ...
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Transhipment sags but Changi is stable
Singapore Changi Airport’s cargo volumes were stable at 1.84m tonnes in 2014 compared with 2013, although passengers hit a record 54.1m.Flight movements dipped 0.7 per cent to 341,390 for the year. In December 2014, the airport handled 158,600 tonnes of cargo (+1.4 per cent).Total cargo throughput for 2014 was up ...
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Christmas overspend flattens UPS earnings
UPS reported “flat” fourth quarter earnings in the fourth quarter of 2014 compared with the same period in prior year. In fact, earnings per share, at $1.25, were identical to 2013, said the US-based express carrier.It blamed higher than expected peak operating expenses in its home market as the carrier ...
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Stansted flower power
Stansted Airport played cupid as 200 tonnes of flowers arrived in preparation for Valentine’s Day.Freighters have flown in tens of thousands of roses from Kenya and Colombia into the UK hub.Stansted handles around 230,000 tonnes of freight per year on 11,000 cargo flights to and from 200 countries including textiles, ...
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DWC passes 750,000 tonnes in first full year
Airfreight volumes at Dubai World Central (DWC) reached 758,000 tonnes in 2014 compared with 209,000 tonnes in 2013, following the shift of freighter aircraft operators from the older Dubai International airport (DXB).Owner Dubai Airports added that the new UAE gateway also registered robust growth in the 2014 fourth quarter, with ...