All Data Articles – Page 39
-
News
European airfreight volumes pick up
According to the latest edition of Danske Bank Markets’ European Freight Forwarding Index, airfreight volumes rose in August when compared with June, reaching 57.This upward trend is expected to continue during September and October, based on the predictions of respondents – who were asked for their current volumes versus two ...
-
News
Central Asia growth outpaces the overall market
Cargo demand to and from central Asia is growing at a faster pace than the overall market, while the region’s airlines could also benefit from their position between Asia and Europe.Speaking at the Caspian Air Cargo Summit in Baku, World ACD Market Data director Ken de Witt Hamer said that ...
-
NewsAmericas cargo monthly: LATAM cargo on the up
The LATAM Group saw cargo demand take off in August, while US carriers continued their impressive run of formSantiago-headquartered LATAM Group registered a 7% year-on-year improvement in cargo traffic in August to 291m revenue tonne km.This is the largest year-on-year percentage improvement recorded by the carrier group since April 2013.The ...
-
News
Airline-shipper relations need rethink, says Unisys expert
Airlines and their customers will have to forge new style alliances, predicts a Unisys industry expert.Venkatesh Pazhyanur, senior industry director of freight solutions at the global IT firm, predicts that there will be strategic alliances between airlines and big-volume shippers such as postal authorities, online retailers, global distributors and supply ...
-
News
Shipper chief predicts information breakthrough
Breakthroughs in air cargo quality assessment will help cargo users better select the best suppliers, said the head of the main shippers’ group in Europe.Writing in the latest TIACA newsletter, European Shippers' Council chairman and TIACA board member, Denis Choumert, said that until quite recently, “the information available to shippers ...
-
NewsAirfreight rates return to growth in September
Airfreight rate growth on major trade lanes picked up again in September after a slowdown in improvements in August. The latest figures from TAC Index show that average prices on services from Hong Kong to North America increased 29.4% year on year in September to reach $3.78 per kg.Rates were ...
-
News
IATA hopeful on cargo yields as demand continues to soar
IATA is hopeful that cargo yields could be set to improve as demand growth outstrips capacity supply.In its latest market wrap up, the airline association said that air cargo demand in freight tonne km terms increased by 12.1% in August, well ahead of the five-year average growth rate of 4.4% ...
-
News
Airfreight rates flat in August
Airfreight rates on major east-west traders were largely flat in August, but are expected to have picked up again in September.The latest figures from consultant Drewry’s Sea and Air Shipper Insight show that the average all-in buy rate across 28 major east-west lanes stood at $2.63 per kg in September.This ...
-
News
Air cargo volumes continue to grow as North America steps up
Air cargo’s impressive growth figures continued in August as North American performance improved, while yields are also showing signs of improvement.The latest figures from analyst WorldACD show that air cargo demand in weight terms increased by 12.9% year on year, with cargo being flown over longer distances and the average ...
-
News
Airports see strong Far and Middle East growth
Air freight through Asia-Pacific airports grew 9.3% and 10.6% in the Middle East during July, according to the latest figures from Airports Council International Asia-Pacific.ACI-AP said that exports continued to drive strong air freight growth in the Asia-Pacific region during the month, with Hong Kong up 11.1%, Shanghai Pudong by ...
-
News
Air industry is going east, says ACI
There has been a decisive eastward shift in world aviation, says Airports Council International (ACI) in the latest edition of its Emerging Aviation Market Index, which tracks 19 high growth emerging markets that have a significant critical mass of passenger and air cargo throughput, showed that countries such as India, ...
-
News
CHAMP empire extends to 50 nations
With more and more customs authorities asking for advance information, CHAMP Cargosystems has extended its Traxon Global Customs (TGC) solution to ten more countries over the past none months.It says that TGC now covers over 50 countries.The latest additions are the Philippines, Abu Dhabi, Kyrgyzstan, Nicaragua, Canada, Ghana, the Maldives, ...
-
News
Airfreight market heats up in July
Freight volumes continued to increase in July, said Airports Council International (ACI) in its latest figures. Traffic was boosted 8.4% by strengthening global trade and industrial production, the trade group commented.Year-to-date global volume growth reached 8.4%, “a particularly stark contrast with July 2016, where this number stood at 0.9%”, commented ...
-
News
Cargo iQ adds air cargo intelligence hub
Cargo iQ has launched a new intelligence hub giving members real-time information on performance and allowing them to compare themselves against the organisation's standards and the community overall.The performance data measures each individual cargo journey from shipper to consignee against 16 milestones.Through analysis of the data generated by these measurements, ...
-
NewsAsian Cargo Monthly: International demand leads the way
Air cargo demand at Asian airlines continued to improve in August, with international and regional routes boosting performance.The latest figures from the region’s largest cargo carrier, Cathay Pacific, show that its cargo traffic increased by 11.3% in August to reach 974m cargo and mail revenue tonne kms.Traffic growth for the ...
-
NewsEuropean cargo monthly: Demand soars at IAG and Lufthansa
The recent boom in air cargo demand continued at European airlines is August, with freight traffic for the month reaching record levels.Europe’s largest cargo carrier, Lufthansa, saw cargo demand increase by 9.8% year on year in August to 901m revenue cargo tonne km.This appears to be the airline group’s busiest ...
-
News
Air cargo up 11% in July, but signs that growth may have peaked
Air cargo traffic increased again in July, compared with a year earlier, but airline organisation IATA has warned that there are a growing number of signs that improvements may have peaked.In total, air cargo traffic in freight tonne km terms increased by 11.4% year on year in July, while supply ...
-
NewsTransatlantic rates on the up while Asia lanes continue to improve
Airfreight prices on the transatlantic trade lane returned to growth in August, while major Asian trades continued to report improvements.The latest figures from TAC Index show that average prices on services from Frankfurt to North America increased by 11.1% year on year in August to reach $2.31 per kg.The improvement ...
-
News
Air cargo continues to grow in July, but China weakens
The latest demand statistics from WorldACD show that air cargo volumes continued on an upward trajectory in July, but also a weakening of growth originating from China.The analyst's monthly figures show that air cargo volumes increased by 11.8% year on year in July, thanks to a 14.2% improvement from origin ...
-
News
LATAM's quarterly cargo traffic improves for first time since 2013
Quarterly air cargo traffic at the LATAM Group increased for the first time since 2013 during the second quarter of the year as imports into Brazil began to pick up.The Santiago-headquartered airline group registered a 0.3% year-on-year increase in cargo traffic to 799m revenue tonne kms (RTK).While the increase may ...