Data news – Page 40
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Ahead of market growth for DB Schenker airfreight
German-owned forwarder DB Schenker’s airfreight business grew by 11.4% to reach 613,000 tonnes in the first half of 2017, said Deutsche Bahn AG’s chief executive Dr. Richard Lutz at a press conference to announce the holding company’s interim results.The overall airfreight market was estimated to have grown by around 9% ...
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AF KLM registers Q2 cargo traffic improvement but revenues down
Air France KLM saw cargo traffic and load factors improve during the first half of the year, although it did register a small decline in revenues.The Franco Dutch airline, which last week announced it would invest in Virgin Atlantic, saw second-quarter cargo revenues decline to €506m from €507m last year.Meanwhile, ...
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NewsAsia Air Cargo Monthly: Strong freight demand expected to continue
Asian airlines continued their bumper start to the year in June and expectations are that cargo demand will remain strong for the rest of 2017.The latest Asian airline figures show robust cargo demand in June, with the Association of Asia Pacific Airlines reporting a 10% increase in freight tonne kms ...
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Etihad Airways registers $1.8bn loss in 2016 as cargo comes under pressure
Etihad Airways saw its cargo revenues drop by 10% last year despite an increase volumes, while the overall company slipped to a $1.8bn loss.The Abu Dhabi-hubbed airline recorded cargo revenues of $900m in 2016 compared with a $1bn in 2015. This came despite a 0.8% increase in cargo volumes to ...
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NewsAirports see cargo demand growth reach 2017 high
Cargo demand growth at airports sped up in May, reaching double-digit levels and the highest level so far this year.The latest statistics from industry body Airports Council International (ACI) show that cargo demand improved by 11.1% in May.The region to register the largest growth rate was Europe with an increase ...
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Airfreight prices climb in June but growth rate narrows
Global average airfreight rates continued to track ahead of last year’s levels in June, but the rate of improvement has slowed compared with a month ago.The latest Sea and Air Shipper Insight report from Drewry shows that average all-in buy rates across 21 major east-west trade lanes increased by 1.1% ...
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NewsEuropean air cargo monthly: Fidget spinners help IAG to double-digit growth
Air cargo demand at some of Europe’s major airlines continued to grow at a high level in June, with double-digit percentage improvements at IAG Cargo, helped by the fidget spinner craze.The latest monthly traffic statistics released by airlines show that in June IAG Cargo, which includes British Airways, Iberia and ...
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Freight forwarder Panalpina expects continuing airfreight margin pressure
Freight forwarder Panalpina will concentrate on controlling costs after its airfreight business faced continued margin pressure on higher airfreight demand.The Switzerland-headquartered logistics giant saw second-quarter airfreight revenues increase by 10% year on year to Sfr700m on the back of a 6.6% improvement in tons carried to 240,000 and rising freight ...
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NewsUnited Airlines registers improvement in air cargo revenues and traffic
United Airlines saw air cargo revenues increase by more than 20% in the second quarter of the year as a result of improving freight traffic.The airline saw cargo revenues increase by 22.1% year on year during the second quarter of the year, while traffic was up 21.9% to 828m cargo ...
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Freight forwarder K+N sets the pace as air volumes soar
Freight forwarder Kuehne+Nagel (K+N) saw airfreight volumes grow at almost double the market rate during the first half of the year, with performance improving during the second quarter.The Switzerland-headquartered freight forwarder saw first-half airfreight demand increase by 18% year on year to 731,000 tons, while the overall market increased by ...
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NewsTop 25 cargo airlines 2016: FedEx maintains top spot but ABC and Qatar on the up
FedEx was once again the busiest freight airline in the world, while Qatar Airways, AirBridgeCargo (ABC) and All Nippon Airways were among the fastest growers in 2016 (see end of article for full table).The annual World Air Transport Statistics report from Iata showed that in freight tonne km (FTK) terms, ...
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News
"Significant" cargo growth for Hong Kong in first half 2017
Hong Kong International Airport (HKIA) handled 2.3m tonnes of cargo in the first six months of 2017, soaring 11.3% over the same period last year and helped by an exports surge in June.Cargo throughput in June was 410,000 tonnes, representing year-on-year growth of 11.4% at the world's number one freight ...
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NewsAmerican Air Cargo Monthly: Boom times continue in June
June was another bumper month for US cargo airlines as the three major bellyhold players all registered double-digit percentage improvements in freight traffic.The largest US bellyhold airline, United, recorded a 22.3% year-on-year improvement in traffic in June to 280m cargo revenue ton miles.This is the airline’s tenth double-digit percentage improvement ...
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NewsDelta records first increase in quarterly cargo demand since 2015
Delta Air Lines has registered an improvement in quarterly airfreight traffic for the first time since the start of 2015.The Atlanta-based airline saw second-quarter cargo demand improve by 11.7% year on year to reach 554m cargo ton miles (CTM).It is the first time the airline has seen cargo traffic increase ...
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NewsAir cargo on the up in May, but growth could have peaked
Airfreight demand growth improved at a double-digit pace in May, but indicators suggest improvements have peaked.The latest statistics from airline association Iata show that air cargo demand in freight tonne km terms increased by 12.7% year on year in May, up from the 8.7% registered in April and well ahead ...
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NewsRates out of Asia surge in June
Airfreight rates on major routes out of Asia continued to climb in June as demand to and from the region surges.The latest statistics from Tac Index show that average airfreight prices from Hong Kong to the US reached $3.27 per kg in June, an increase of 38.6% compared with the ...
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NewsAsian cargo monthly: May was a merry month for cargo carriers
Asian airlines registered a “strong” cargo performance in May as carriers saw traffic recorded during the month reach levels not seen since 2011.The largest of the Asian cargo carriers, Cathay Pacific, saw demand for May improve by 8% year on year to reach 899m cargo and mail revenue tonne kms.Click ...
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Airfreight demand growth ramps up in May
Air cargo growth ramps up in May with a “formidable” year-on-year performance, according to analyst WorldACD.The latest stats from the data company show that May saw chargeable airfreight weight increase by 12.8% year on year despite concerns that demand growth had reached its peak in the first three months of ...
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NewsTop 25 air forwarders 2016 revealed: DHL maintains top spot
DHL Global Forwarding, Kuehne+Nagel (K+N), DB Schenker and UPS maintained their position as the leading four airfreight forwarders in 2016, while DSV’s acquisition of UTi propelled it up the list (scroll to end for full list).The latest top 25 Global Freight Forwarders list from consultant Armstrong & Associates, based on ...
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NewsAir cargo innovation: Looking into the future
How does the traditional air cargo industry handle digitisation of the supply chain and also compete with start-up logistics companies offering shippers an app-based business-to-consumer service?Those were two of the questions posed at the ‘What’s next in logistics innovation?’ panel session at the Frankfurt Air Cargo Innovation Lab conference, hosted ...