Insights – Page 13
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InsightsAir cargo still improving but rate of growth slows
Air cargo saw double digit year-on-year (YoY) demand growth in each of the months from April to August, but the rate of increase is declining steadily. However, rates continued to go up in the five weeks up to mid-September.The latest statistics from analyst WorldACD show that in April the YoY ...
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InsightsCan airlines overcome supply-chain challenges to meet strong air cargo demand?
Image source: AirBridgeCargoBy most accounts, the strong demand for air cargo seen during the Covid-19 pandemic is likely to continue into the peak freight season in the fourth quarter of this year.“Air cargo demand had another strong month in August, up 7.7% compared to pre-Covid levels,” said IATA director general ...
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Insights
How air cargo is responding to climate change
In his latest column, Brandon Fried, executive director of the US Airforwarders Association, reports on a recent survey they carried out to find out how the air cargo industry is responding to climate change.Aviation has been essential in powering progress, expanding horizons, creating opportunities, and facilitating commerce between countries.The ability ...
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InsightsIATA: July a solid month for air cargo but risks remain
July was another solid month for the air cargo industry, but rising Covid numbers could disrupt the sector's recovery, according to IATA.The latest numbers from the airline association show that in July demand in cargo tonne km (CTK) terms increased by 8.6% compared with the same month in 2019 (used ...
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Insights
Border operating model: Airfreight explained
The government recently updated its Border Operating Model (BOM) document, which provides useful, plain-English information on how to navigate the post-Brexit border arrangements, including those for airfreight.With European Union (EU) goods now treated as Rest of World goods since January 1, there have been significant changes to customs control requirements.And, ...
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Insights
Putzger perspective: Perfect storm lessons for air cargo
It would seem that perfect storms can perfect themselves. Life in the logistics business since spring 2020 has been frequently described as a perfect storm, one that keeps going and gets worse.One such moment of abrupt decline was the rapid hit of the latest Covid-19 outbreak in China on airfreight ...
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InsightsMenzies Aviation ramps up its focus on cargo
Three years ago Menzies Aviation decided to focus on growing its cargo business and it has plans to continue expanding the business...For Menzies Aviation, timing is everything when it comes to its cargo handling business.Menzies Aviation executive vice president, cargo, Robert Fordree tells Air Cargo News that the company embarked ...
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InsightsAir cargo revs up for changing automotive market
The airfreight industry is adapting its solutions to support the automotive sector, as more vehicles on the roads are electrified.The automotive sector will see more change in the next two years than it has in the last 20 to 25 years, according to Dave Dudek, executive vice president, global automotive ...
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InsightsCLIVE: Carriers tweak capacity as load factors weaken in July
Air cargo dynamic load factors hit their lowest level since the start of the Covid-pandemic in July as the industry entered the summer slack season, according to the latest figures from CLIVE Data Services.CLIVE data shows that dynamic load factors stood at 66% in July, which is down by three ...
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InsightsOngoing boost from shipping and bellyhold shortages for freighter operators
A slow recovery in belly capacity and higher rates in ocean shipping are expected to boost air cargo for the coming years, according to Boeing’s Tom Crabtree.Speaking to Air Cargo News, Crabtree, who is regional director, Boeing Commercial Airplanes market analysis — air cargo, said that air cargo demand had ...
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Insights
Scan Global Logistics targets a top 15 spot in air cargo
Scan Global Logistics (SGL) has revealed ambitious plans to become one of the world’s top 15 airfreight forwarders over the next five years.The Copenhagen-headquartered forwarder’s global chief operating officer for sea and airfreight, Mads Drejer, said SGL is currently in the top 40 air forwarders with volumes of around 100,000 ...
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InsightsCathay Cargo: Developing and delivering the agenda
Airfreight digitalisation and customer-centric products are top of the long-term strategic agenda for Cathay Pacific Cargo as it navigates the pandemic with a focus on vaccine distribution and e-commerce.Air Cargo News spoke to Rajesh Menon, regional head of cargo for South Asia, the Middle East and Africa for the cargo ...
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InsightsRoad Feeder Services: Under pressure
The road feeder services (RFS) industry in Europe has been under increasing pressure over the last year – but it’s putting measures in place to continue serving growing demand.The growing strain on the RFS sector over the last year is a knock-on effect from increased global air cargo volumes.The slow ...
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Insights
Logistics UK: Decarbonising airfreight
In June, Logistics UK partnered with Aberdeen Standard Investment’s AIPUT (Airport Industrial Property Unit Trust) to present government with a call for action to enable the UK to facilitate the sustainable growth of its vital airfreight industry.As part of this submission, one of the 11 key recommendations made focused on ...
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InsightsRates stable in July but elevated prices expected into 2022
Image: ShutterstockAirfreight prices on major east-west trade lanes remained stable in July — albeit at a high level — and expectations are that pricing will remain elevated this year.The latest figures from the Baltic Exchange Air Freight Index (BAI) show that in July average airfreight rates from Hong Kong to ...
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InsightsCargo must capitalise on current airline focus
Ashok Rajan. Source: IBS SoftwareAshok Rajan, senior vice president and head of cargo and logistics at IBS Software says air cargo must keep its seat at boardroom tables when passenger travel rebounds.What air cargo trends have you observed over the last 12 months and how is the market changing?The outlook ...
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Insights
Putzger perspective: Freighter options
Shippers are desperate for capacity to make sure their goods get to market. Disruptions and equipment shortages have resulted in billions of dollars in lost business.In the US a growing number of shippers are considering a return to proprietary truck fleets.DIY equipment and materials retail giant Home Depot has even ...
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InsightsIATA: Strongest half-year cargo demand since 2017 but capacity remains constrained
IATA has highlighted the need to re-establish passenger network connectivity to boost bellyhold capacity and ultimately airline revenues, as cargo demand remains strong.Speaking at a media update this week, Ezgi Gulbas (pictured below), senior economist at IATA, said overall cargo demand in the first half of this year was 8% ...
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Insights
Putzger Perspective: Parcel monster?
Over the past 15 months, e-commerce has been the chief engine of growth for air cargo, as well as other sectors, from warehousing to fulfillment technology start-ups, but is the industry nurturing a monster with dire consequences for many forwarders and airports?Two years ago there was a lot of skepticism ...
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InsightsLufthansa Cargo: Laying foundations for the future
Under new leadership of Dorothea von Boxberg, Lufthansa Cargo is future-proofing its business with sustainable solutions and an increased focus on digital.Dorothea von Boxberg became chief executive at Lufthansa Cargo in March and has been keeping busy ever since.During her first few months in the role, she has been focussing ...