Business

Frankfurt the latest European airport to register a cargo decline in 2022

By Damian Brett

Frankfurt is the latest European airport to announce a decline in its cargo volumes last year. Europe’s busiest hub saw…

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IATA: Mixed signals for cargo as demand drops in November

By Damian Brett

There are mixed signals regarding air cargo’s outlook after November saw another double-digit percentage decline in demand. The latest IATA…

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Rates end 2022 on a flat note but ahead of pre-Covid levels

By Damian Brett

Airfreight rates on key trade lanes ended the year on a flat note, but remain above pre-Covid levels. The latest…

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CLIVE: Dig deeper for true air cargo market picture

By Rebecca Jeffrey

The air cargo industry is holding its own given the economic pressures it faced last year and despite a consistent…

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Forwarders stick with short-term deals as air cargo volumes fall

By Damian Brett

Freight forwarders are continuing to opt for short-term airfreight deals as volumes and rates continue to decline. The latest statistics…

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IATA predicts 4% drop in air cargo volumes next year

By Damian Brett

Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected…

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IATA: Airlines to return to profit next year but cargo under pressure

By Damian Brett

Airline association IATA is expecting airlines to return to profit next year after three years of losses due to the…

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Air cargo suffers largest demand drop of 2022 in October

By Damian Brett

Air cargo demand suffered the largest percentage decline of the year so far in October but there is the hope…

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Air cargo to join box shipping in ‘overcapacity corner’

By Damian Brett

Air cargo faces a stint in ‘overcapacity corner’ next year alongside the ocean shipping sector, according to data analyst Xeneta….

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Seabury highlights a mixed picture for air cargo

By Damian Brett

While the air cargo industry faces dark clouds there are reasons to stay positive, according to Accenture’s Seabury Cargo. Speaking…

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