Business

Charter demand boosts Cargojet’s performance in Q3

Demand for charter operations helped boost revenues for Canada-based freighter operator Cargojet in the third quarter of the year. The…

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DHL Global Forwarding sees Q3 airfreight revenues rise but profits under pressure

DHL Global Forwarding saw its air cargo volumes and revenues rise in the third quarter led by trades out of…

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Air cargo demand up again in September but growth narrows

Air cargo demand continued to increase at a high level in September, although year-on-year improvements narrowed slightly compared with the…

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Mixed performance for Hong Kong air cargo rates in October

Airfreight rates on the transpacific trade were on the slide in October but increased as the month progressed, while prices…

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Hong Kong airfreight market outlook weakens but busy peak still expected

The market outlook of Hong Kong airfreight traders has weakened in recent months but the peak season is still expected…

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Americas and Europe cargo revenues lag overall market performance

Airline cargo revenues from the Americas and Europe have come under pressure this year despite the overall market benefitting from…

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Cargo demand rises at Cathay and HKIA as ‘robust’ peak nears

Cathay Pacific noted a pick-up in cargo demand in September and the airline is predicting a robust peak season. The…

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Airfreight rates stay strong despite Golden Week demand drop

Airfreight spot rates on global basis edged up in the first week of October to their highest level of the…

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Surging air cargo rates out of Japan and Bangladesh boost buoyant market

Airfreight rates from Bangladesh and Japan have surged in recent weeks helping to raise prices in an “already buoyant” air…

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Peak practise as August air cargo spot rates up nearly 25%

Air cargo spot rates were sky high in August as demand and capacity imbalances continued, flanked by additional e-commerce and…

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