Business

Air Cargo Statistics

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…

Read More

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…

Read More

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…

Read More

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,…

Read More

Kuehne+Nagel full-year profits helped by “outstanding” airfreight

Kuehne+Nagel reported increases in revenues and profits last year as its airfreight division “continued its outstanding development”. The world’s largest…

Read More

Asia Pacific carriers report weak January for international cargo

International air cargo markets weakened further in January 2019, with Asia Pacific airlines seeing demand fall 3.8% year on year…

Read More

Expeditors reports on steady fourth-quarter performance

Seattle, Washington state-headquartered forwarder Expeditors International has released fourth-quarter 2018 results that included an 18% year on year improvement in…

Read More

European Cargo Monthly: Tough start for Lufthansa and AF KLM

Lufthansa Cargo and Air France KLM have had a tough start to the year, with both reporting declines in freight…

Read More

Heathrow looks back on record 2018

The operator of London Heathrow Airport, Heathrow Airport Limited (HAL), has said that 2018 was a record year for the…

Read More

Cathay Pacific suffers decline in January’s cargo

Cathay Pacific Group saw its cargo volumes fall in January compared to the same month of 2018. Cathay Pacific and…

Read More