All Data Articles – Page 29
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News
European hubs see cargo volume declines narrow in July
Declines in cargo traffic at European airports narrowed in July, but volumes were still down on a year earlier.Statistics from Airports Council International (ACI) Europe show that cargo volumes declined by 2.3% year on year in July, with European Union (EU) airports registering a 3.1% drop-off and non-EU hubs reporting ...
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Airfreight rates on key routes tumble in August
Airfreight rates on the major transpacific and Asia-Europe routes began to come under severe pressure in August as demand declines increasingly take their toll on pricing.The latest figures from TAC Index show that average prices on services from Hong Kong to North America slipped by 16.9% year on year to ...
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NewsAirfreight demand down for the ninth consecutive month
The airfreight market reported its ninth consecutive year-on-year decline in a row in July, according to the latest monthly figures from IATA.The airline association said that freight tonne kms (FTKs) declined by 3.2% year on year in July as the China-US trade war continued to take its toll on the ...
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NewsAir cargo demand declines show signs of slowing in July
Air cargo demand declines appeared to slow in July, but the timing of weekends and holidays may have had an impact on the monthly performance.The latest figures from WorldACD show that air cargo demand declined by 4.2% in July, which is an improvement on the 8.9% fall reported in June.However, ...
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News
German cargo market drops by more than 20% in June
Airlines and freight forwarders experienced some big declines in German export volumes in June, writes Oliver Link from Air Cargo News sister title DVZ.According to the latest Iata Cargo Account Settlement System (Cass) data, the total volume of freight exported from Germany dropped by 24.6% on a weight basis compared ...
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News
Spanish hubs lead the way for freight growth in Europe
Six out of the 20 fastest growing cargo airports in Europe over the last ten years are based in Spain, according to research from flight case manufacturer CP Cases.The analysis reveals that the European airports that have seen the largest 10-year growth of freight tonnes processed are Zaragoza airport (843% ...
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News
Airfreight rates flat line for summer slowdown
Airfreight rates flat lined in July as the air cargo industry entered the quieter summer months.The latest figures from Tac Index show that average rates on transpacific, Asia-Europe and transatlantic trade lanes for July were all fairly flat compared with the previous month.However, prices do continue to lag behind the ...
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News
CSafe increases European presence with new Amsterdam service centre
CSafe Global has opened a new service centre in Hoofddorp, the Netherlands, to increase its operational capabilities in Europe.At the centre, which is 7.8km away from Amsterdam's Schiphol airport, CSafe RKN and CSafe RAP active temperature-controlled containers are serviced to ensure that they are fit for purpose and can safely ...
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News
European airports' cargo performance hits seven-year low
In June, European airports registered the largest percentage decline in cargo traffic of the past seven years.Airports Council International (ACI) Europe figures show that cargo traffic at European hubs declined by 7.1% in June, while over the first six months of the year there was a 3.5% decline.Both the European ...
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NewsAir cargo down again in June as signs of a recovery were premature
Air cargo traffic has now declined year-on-year for eight months in a row and signs of a recovery in recent months have turned out to be premature.The latest figures from airline association IATA show that demand in terms of freight tonne kms (FTK) declined by 4.8% year on year in ...
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News
Air cargo suffers ‘onslaught’ in June, says WorldACD
Data from air cargo market analyst WorldACD shows a decline in global airfreight volumes of 8.9% in June, compared to the same month of 2018.The load factor dropped 3.3 percentage points and yield also fell, by 6.3%. As a result, WorldACD said airlines suffered a year-on-year fall in revenues of ...
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NewsTop 25 cargo airlines 2018: FedEx at the top as Qatar closes in on Emirates
FedEx retained its position as the world’s busiest cargo airline in 2018, but the passenger and freighter fleet of Qatar Airways continued to close in on number two Emirates (see chart at end of article).The latest IATA World Air Transport Statistics report shows that express operator FedEx was again the ...
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News
Hong Kong International registers 6.7% drop in cargo volumes in H1
The world’s largest cargo airport, Hong Kong International Airport (HKIA), saw freight volumes slide by 6.7% year on year over the first half of the year.HKIA recorded total cargo volumes for the period of 2.3m tonnes.In June, cargo performance lagged behind the rest of the year as it registered an ...
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NewsDelta Air Lines records double-digit drop in cargo revenues
Delta Air Lines saw cargo revenues drop for the second quarter in a row on the back of traffic declines.The Atlanta-headquartered airline registered a 17% year-on-year decline in second-quarter cargo revenues to $186m.Revenues were also down in the first quarter of the year.Meanwhile, cargo traffic for the Q2 period was ...
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News
Air cargo rates take a hit in June
The slowdown in global trade is increasingly taking its toll on air cargo freight rates.According to data provider Tac Index, average rates on transpacific services recorded their biggest decline of the year in June.Prices on the Asia-Europe trade for the month failed to record an increase for the first time ...
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News
Turkish Cargo on the up in May
Turkish Cargo has reported another month of strong cargo growth in May.The Istanbul-hubbed airline saw sold tonnage increase by 7.1% year on year during the month, according to World ACD data.This compares with an industry wide decline of 5.1% during the same period.The airline said that growth was particularly strong ...
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News
Seven months of cargo declines in a row at European airports
Air cargo traffic at European airports declined for the seventh month in a row in May.The latest figures from Airports Council International (ACI) Europe show that cargo volumes were down by 2.2% in May.European Union (EU) airports saw freight traffic fall by 2.3% while non-EU ones registered a 1.6% decline.The ...
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NewsAir cargo continues to face weak market conditions with 'hefty' declines in Asia
The latest figures from IATA have confirmed air cargo continued to face weak market conditions in May.Data from the airline association show that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% in May compared with the same period in 2018.This was a slight improvement on the 5.6% contraction ...
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NewsNo recovery in sight for air cargo
The latest figures from WorldACD do not offer any hopes for a recovery in air cargo growth this year, according to the analyst.Figures show that the total chargeable weight of cargo decreased by 5% year on year in May, whilst yields in US dollar terms were down 5.6% on a ...
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NewsUS-China trade tensions dent air cargo outlook
The DHL Global Trade Barometer (GTB) is indicating a contraction in worldwide trade over the next three months for the first time since its launch in January 2018.The quarterly trade index for the coming three months now stands at 48 points, which as it is below 50, indicates expectations of ...