All Data Articles – Page 33
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News
Tariff war takes its toll in November as air cargo volumes decline
Air cargo volumes for November bucked normal seasonal trends and declined compared with October levels.The latest figures from analyst WorldACD show that there was a 1.4% year-on-year (YoY) decline in cargo volumes in November, but more surprisingly there was a slip of 2% compared with October.Usually air cargo demand increases ...
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European Cargo Monthly: Peak season starts to tail off in November
European airlines saw air cargo demand tail off in November as the peak season started to wind down.November’s monthly statistics show that Lufthansa, Air France KLM, IAG and Finnair all saw cargo traffic in November decline compared with a month earlier, although this reflects usual seasonal trends for carriers in ...
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Transpacific airfreight rates breach $5 per kg mark in November
Airfreight rates continued to steadily rise in November as the peak season rolled in, with prices on the transpacific trade lane breaching the $5 per kg mark.The latest numbers from the Tac Index show that prices on services from Hong Kong to North America reached an average of $5.37 per ...
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Investment cycle boosts air cargo demand in October
Airfreight growth improved in October as a pick up in the investment cycle helped boost demand.The latest figures from IATA show that freight tonne kms increased by 3.1% year on year in October, which is an improvement compared with the 29-month low of 2.5% recorded in September.The airline association said ...
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Index shows "slight upswing" in world trade
World trade experienced a slight upswing in recent months and reached a new high in November, while international merchandise trade has risen by 10.6% so far this year.Emerging markets and North America are the main growth drivers. Despite new tariffs on exported products, China is benefiting from the strong US ...
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Air cargo returns to growth in October with business boosted by pre-tariff rush
Air cargo volumes recorded an increase in October following on from the first decline in demand since 2016 in September.The latest figures from analyst WorldACD show that volumes increased by 2% year on year in October, with three regions recording improvements for imports and exports.This follows a decrease in demand ...
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Airfreight rates reach high for the year in October
Airfreight rates reached their highest level of the year in October and are expected to climb further as the peak season gets underway.The latest figures from consultant Drewry in its Sea & Air Shipper Insight report show that average rates on 57 key trades reached $3.02 per kg in October ...
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How would a combined K+N and Panalpina stack up in terms of air cargo?
Recent events have fuelled market speculation that Kuehne+Nagel could be interested in holding talks with Switzerland-based freight forwarder Panalpina, but what would a tie-up between the two logistics giants look like in terms of air cargo? (see chart at end of article)The speculation started when Panalpina’s Peter Ulber announced he ...
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Asian carriers positive on cargo despite international trade tensions
International air cargo volumes remain “firm, notwithstanding tensions around global trade policies,” according to the Association of Asia Pacific Airlines (AAPA) in its preliminary traffic figures for October.Asian airlines saw international air cargo demand increase by 5.6% as measured in freight tonne kilometres (FTK) compared to last October, supported by ...
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Asia Cargo Monthly: Demand ramps up at Asian airlines as peak season gets underway
Airlines in the Asia region have seen cargo volumes reach their highest level of the year so far in October as the air cargo peak season kicks off.Cathay Pacific recorded a 5.4% year-on-year increase in cargo traffic during the month to 1.1bn revenue tonne kms.It was the busiest October on ...
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European Cargo Monthly: Growth stagnates but underlying strength remains
European airlines continued to see airfreight growth stagnate in October, but volumes for the month remain strong compared with the last five years.The October figures from major European carriers again show that cargo growth has flat lined in 2019, but this masks the underlying strength in the market when compared ...
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DHL sees airfreight volumes decline despite revenue improvement
The world’s largest airfreight forwarder DHL Global Forwarding continued to see airfreight volumes tumble during the third quarter of the year, but still managed to record improvements in revenues and gross profits.The Bonn-headquartered forwarder saw total airfreight volumes decline by 5.2% year on year during the third quarter to 529,000 ...
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Airfreight rates on key trades reach new highs for 2018
Airfreight rates on the transpacific and Asia-Europe lanes continue to improve in October despite capacity growth outstripping demand improvements.Figures from TAC Index show that prices on services from Hong Kong to North America reached an average of $4.80 per kg in October, the highest level of the year so far ...
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Air cargo supply growth outstrips demand in September
Air cargo capacity additions outstripped traffic growth in September as key demand drivers continued to soften.The latest figures from IATA show that there was a 2% increase in freight tonne kms in September, which is relatively unchanged from the previous month.However, it is less than half the five-year average growth ...
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Airfreight volumes in first year-on-year decline since March 2016
Analyst WorldACD Market Data has reported a year-on-year decrease in global airfreight volumes of 0.9% for September – the first negative growth figure for two-and-a-half years.Airline revenues kept growing, however, thanks to a strengthening yield, although fuel costs were around 32% higher than one year ago.Given the marginal growth in ...
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Airfreight capacity outstrips demand for sixth month in a row
Airline freight capacity growth continues to outstrip demand, according to the final Q2 2018 financial data released by IATA.“Available freight tonne kilometres (AFTKs) grew by 4.5% year-on-year in August, up from 3.9% in July and faster than the corresponding annual demand growth rate for the sixth month in a row.”The ...
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North American trade still going strong as Europe lags behind
Europe was the laggard trading region in September while North America was “still going strong” according to the gKNi World Trade Indicator powered by LogIndex AG ,the data company of global freighter forwarder Kuehne+Nagel.The gKNi World Trade Indicator stood at 141.0 (+5.8% YoY) at the end of September, down by ...
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Rates on the up in August but growth narrows
Airfreight rates continued to track ahead of last year’s levels in August, although the difference compared with a year ago has continued to narrow as the year has progressed.The latest figures from analyst Drewry’s Sea and Air Shipper Insight report show that all-in rates on major east-west services averaged at ...
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NewsTranspacific rates breach $4 per kg mark as industry heads towards peak
Airfreight rates continued to track ahead of 2017 levels in September as the industry prepares for what is expected to be a busy peak season.The latest figures from Tac Index show that airfreight rates on services from Hong Kong to North America increased 14% year on year to reach $4.31 ...
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NewsContinued slowdown in cargo growth in August
The latest indicators from IATA and analyst WorldACD show that air cargo demand growth has continued to weaken as the year has progressed.Figures from IATA show that airfreight traffic growth stood at 2.3% year on year in August, compared with 4% over the first eight months of the year.Meanwhile, WorldACD ...