Business

Air Cargo Statistics

Changi sees airfreight volumes down 8.3% in February

Another large Asian cargo hub has reported a bad start to 2019 as Singapore Changi Airport saw year on year…

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Hong Kong air cargo down 14.4% in February due to “unfavourable macroeconomic conditions”

Hong Kong International Airport (HKIA) saw cargo throughputs plunge 14.4% in February to 274,000 tonnes due to “unfavourable macroeconomic conditions”….

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Frankfurt: February volumes fall 3.4%

Germany’s Frankfurt Airport saw its cargo throughput (freight and mail combined) contract by 3.4% in February, to 161,366 tonnes. Airport…

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Some 40% of shippers unaware of dangerous goods regulations

A large number of shippers, some 40%, admitted to being unaware of the dangerous goods regulations governing airfreight. That statistic,…

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IATA downgrades air cargo growth forecast to 2%

IATA has slashed its outlook for cargo growth over the coming 12 months as the US-China tariff dispute took more…

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Airfreight rate growth plateaus in February

Airfreight rate growth on major east-west lanes appears to have plateaued in February as the cargo market has had a…

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Air cargo demand at three year low in January

Air cargo suffered its worst January in three years as the industry continues to face “significant headwinds”. Figures from IATA…

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Singapore airfreight down in January

Singapore’s Changi Airport saw airfreight throughput decline for the second month in a row, with January’s volumes falling 2.4% to…

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Record year for airfreight at Panalpina but no updates on DSV and Agility talks

Panalpina’s latest annual report shows that airfreight volumes in 2018 breached the 1m tonne mark for the first time in…

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Losses deepen at CEVA as one-time items hit profitability

CEVA Logistics reported another loss in 2018 as “various one-time items” took their toll on company financial performance. The forwarder,…

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