All Data Articles – Page 37
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News
WorldACD: 2017 a remarkable year for air cargo but when will the party end?
Market analyst WorldACD has described 2017 as a “real bumper year” for airfreight but posed the question: “When will the party end?”In its latest update, WorldACD reports that December 2017 saw a year-over-year (YoY) growth of 4.5% in worldwide air cargo volumes.The main contributors, stated the analyst, were the origin ...
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Airfreight demand up 9% in 2017, strongest growth since 2010 says IATA
Global airfreight markets in 2017 saw demand grow by 9.0%, more than double the 3.6% annual growth recorded in 2016, and IATA expects a "very healthy 4.5% expansion" in 2018, measured in freight tonne kilometers (FTKs).IATA’s full year 2017 statistics show that airfreight capacity, measured in available freight tonne kilometers ...
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East-West airfreight price index down 9 cents in December
“Drewry’s East-West Airfreight Price Index edged down to $3.06 per kg in December 2017, a drop of 9 cents from the previous month, in keeping with seasonality.On an annual basis airfreight rates in the month were 8% above December 2016 and given anecdotal reports of tighter capacity, Drewry expects prices ...
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NewsCargo the star performer for American Airlines
Cargo was the star performer for American Airlines in 2017 as revenues increased at a double-digit percentage pace on the pack of demand and yield improvements.The Dallas-headquartered airline registered a 14.3% year on year increase in cargo revenues to $800m on the back of a 15% jump in traffic to ...
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NewsAsian cargo monthly: A bumper year for Chinese carriers
Asian airlines enjoyed a strong 2017, with several carriers reporting their best cargo performance over recent years.The region’s largest cargo carrier, Cathay Pacific, saw cargo demand increase by 9% year on year to reach 11.6bn cargo and mail revenue tonne kms.This is the carrier’s busiest year for freight since Air ...
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DHL launches global trade barometer, and the mercury is rising
Logistics giant DHL has introduced what it claims is an early indicator for the current state and future development of global trade.The DHL Global Trade Barometer, published quarterly, is based on large amounts of logistics data from the deepsea container market that are evaluated with the help of artificial intelligence.The ...
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NewsEuropean Cargo Monthly: Stellar year for carriers, but still not back to heady heights
Last year was a period of huge improvement for European airlines when looking at cargo traffic, but the region’s major bellyhold and combination carriers still lag behind figures registered at the start of the decade.The largest combination carrier group, Lufthansa, saw overall demand for the year increase by 7.2% to ...
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NewsDelta Cargo ends the year on a high as traffic and revenues improve
Delta Cargo’s year ended on a high despite interruptions to operations caused by poor weather conditions and a power outage at its Atlanta hub.The US airline saw overall cargo traffic for 2017 increase by 8.6% year on year – roughly in line with overall market growth – to reach 2.1bn ...
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NewsAir cargo continues to improve in November while optimism for 2018 grows
Air cargo demand growth edged up in November despite a slowdown in October and indicators suggesting the sector has passed a cyclical growth peak.Figures from IATA show that air cargo traffic in freight tonne km (FTK) terms increased by 8.8% year on year in November compared with the 5.8% rise ...
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NewsAirfreight rates end the year on a high
Airfreight rates ended the year on a high, but indications are that pricing slowed towards the end of the year in line with the Christmas slowdown.The latest airfreight rates from TAC Index show that rates on services from Hong Kong to North America and Hong Kong to Europe increased in ...
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News
Another record breaking month for air cargo
The latest figures from analyst WorldACD show that air cargo demand looked to be finishing the year on a high after the industry registered another record breaking month in November.The analyst said that air cargo volumes improved by 7.8% year on year in November, a new monthly record.Yields were also ...
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NewsAsian cargo monthly: Mixed performance in November
There was a mixed performance in cargo demand at Asian carriers in November, following on from a slower pace of growth in October.The region’s largest cargo carrier, Cathay Pacific, saw cargo demand during the month increase by 11.2% year on year to 1.1bn cargo and mail revenue tonne kms – ...
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NewsEuropean cargo monthly: Demand picks up in November
European airlines saw cargo demand growth improve in November, despite expectations that the industry may have passed its growth peak.Lufthansa, IAG, Air France KLM and Finnair all saw cargo demand growth increase during the month.Lufthansa, the largest of the airlines in terms of cargo, registered a 9.4% year-on-year increase in ...
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News
Uptick in Latin American cargo traffic
The Latin American and Caribbean Air Transport Association (ALTA) has reported that its member airlines flew 439.6m freight tonne-kilometres (FTKs) in October, up by 0.7% over the same month of 2016.At 130.9m FTKs, intra-Latin American cargo traffic was down by 2.2% year-on-year, but at 308.8m FTKs extra-Latin American freight traffic ...
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NewsAirfreight rates continue to rise as sector faces capacity crunch
Airfreight rate growth continued on an upward trajectory in November with hopes the strong performance could continue in December as forwarders continue to report a tightening of air cargo space.The latest figures from TAC Index show that in November average rates on services from Hong Kong to North America increased ...
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October gets fourth quarter off to a strong start, says IATA
The fourth quarter of 2017 has got off to a strong start, with global air freight demand (in freight tonne-kilometres) up 5.9%, said IATA in its latest figures.While this was a slowdown from the 9.2% year-on-year growth in September 2017, it was comfortably ahead of the average annual growth rate ...
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News
Freight growth moderates as summer storms abate
The recent surge in freight volumes receded in September 2017, said Airports Council International (ACI).In its latest figures published on 24 November, ACI said year on year figures fell to 6.8%, from 10.5% in August of the same year. Passenger traffic also slowed down slightly, dropping 1.6 percentage points from ...
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NewsAsian Cargo Monthly: Growth continues but at a lower pace
Asian airlines continued to report strong cargo growth figures in October, although the pace of improvement has slowed compared with earlier in the year.The latest figures from the region’s largest cargo airline group, Cathay Pacific, show that during October traffic increased by 4.2% year on year to reach 1bn cargo ...
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NewsEuropean Cargo Monthly: Growth starts to slow in October
Air cargo growth at European carriers looks to have slowed in October, with IAG Cargo and Lufthansa seeing increases narrow during the month.Any potential slowdown in demand growth should not come as too much of a surprise given that comparisons are affected by improvements in the market at the tail ...
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NewsAsia rates take-off but transatlantic flat
Airfreight rates on intercontinental services out of Asia continued to soar in October, with improvements on Asia-Europe and transpacific services.The latest figures from Tac Index show that average prices on services from Asia to North America increased by 17.7% year on year in October to reach $4.05 per kgThis is ...