All Data Articles – Page 41
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News
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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News
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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News
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 ...
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News
Airfreight rates continue to climb in May
Airfreight rates continued to track ahead of last year’s levels in May, although there was a decline compared with April levels.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average all-in airfreight buy rate across 21 major east-west routes increased by 5.3% year on ...
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NewsEuropean cargo monthly: Demand growth picks up in May
Major European airlines saw cargo growth pick up again in May following on from a slight slowdown in April.The latest freight figures from Air France KLM, Finnair, IAG and Lufthansa also show an improvement in year-on-year percent growth compared with the level achieved in April.At Lufthansa Cargo there was a ...
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News
Asian airlines see cargo demand rise but focus remains on profitability
Airlines based in the Asia Pacific region enjoyed "robust growth" in air cargo volumes in May, according to the latest statistics from the Association of Asia Pacific Airlines (AAPA).Figures from the association show air cargo demand in freight tonne km terms increased by 12.2% year on year in May, reflecting ...
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NewsAirport cargo demand continues to grow in April
Airfreight volumes at airports continued to increase during April, following a more “subdued period of growth” in 2016.The latest figures from industry body Airports Council International (ACI) show that cargo demand improved by 6% year on year during April (see chart at end of article).The fastest growing region in April ...
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News
DSV airfreight outpaces market on UTi acquisition
DSV recorded improvements in profits, revenues and airfreight demand during the first quarter of the year as it continued to benefit from its acquisition of UTi and market growth.The Copenhagen-headquartered freight forwarder saw first-quarter airfreight demand improve by 20% year on year to 147,439 tonnes. The forwarder estimates that the ...