IATA: Peak season gets off to a slow start
The peak season has got off to a weak start with demand falling 3.5% in October, the International Air Transport Association (IATA) reports. The fall in freight tonne kilometres was the 12th consecutive month of year-on-year declines, and is not a good start to the traditional peak season. Air cargo has suffered from the effects […]
WorldACD: The saga of falling volumes continues
Yields and volumes fell at double digit rates in October as the saga of declining volumes continues, WorldACD reports. Worldwide air cargo volumes were down 5% while yields in US dollars fell 11% and revenue was 16% lower than in October 2018. As an origin, Latin America was hit hardest with volumes down 10% and […]
ACI: Outlook for airfreight remains negative
The outlook for airfreight remains negative, with volumes declining by 4.2% in September, according to Airports Council International (ACI). Year-to-date airfreight was down 3.1% and with three months left, ACI says it is unlikely global trade will grow. International volumes were down 4.2% in September and domestic airfreight dropped by 4%. International airfreight was also […]
Pent up demand is waiting to be released
Intra Europe demand has been strong for HAE Group despite Brexit’s best efforts, according to John Ward, director of UK & Ireland. Ward tells Air Cargo Week that business is up 10-15% year-on-year with the UK and Ireland offices working with agents in mainland Europe. The key trade lanes are North America, Africa and the […]
Global challenges bring new opportunities
Global issues are affecting air cargo but Stephen Dawkins sees opportunities in the market, the CEO of Air Logistics Group tells Air Cargo Week. He admits that the first half of 2019 has been challenging with unpredictability continuing with factors such as Brexit, trade wars, currency volatility and economic tensions. While Dawkins does not see […]
Saudia Cargo adds capacity in Europe and Africa
Saudia Cargo has upgraded African and European services with extra freighter flights and belly-capacity starting from this month. A second additional weekly freighter flight will operate on Tuesdays and Thursdays to New York’s John F. Kennedy airport via Liege Airport using a Boeing 747-400 Freighter. The airline has added four weekly freighter flights from Nairobi, […]
IATA: Air cargo is a victim of US-China trade war
Trade wars are having an adverse impact on air cargo, with US-China trade volumes down 14% this year, says the International Air Transport Association (IATA). Air freight demand measured in freight tonne kilometres (FTK) contracted 3.2% in July, marking the ninth consecutive month of year-on-year declines. It was impacted by weak global trade and the […]
ACI World: 2019 could be a bad year for airfreight
Airfreight is continuing to go down, and may well end 2019 in the negative, according to Airports Council International (ACI) World. After falling 2.8% year-on-year in May, the global freight market was down 5.1% in June, pushing the total for the first half of 2019 down 3.2%. The airfreight figures are in contrast to the […]
The planes are flying cargo to Spain
Zaragoza Airport has seen the most substantial growth among European airports in the past 10 years, according to research by CP Cases. Freight and mail volumes at the airport located in Spain’s Aragon region increased by 843% between 2008 and 2018, reaching 201,959 tonnes. Valladolid Airport, serving the capital of Castile and Leon registered the […]
IATA: Signs of air cargo recovery appear premature
Signs of a modest recovery for air cargo markets appear to have been premature, with IATA reporting another month of falling volumes. Freight tonne kilometres decreased by 4.8% in June, the eighth month of year-on-year declines with only Africa seeing an increase. The International Air Transport Association (IATA) says capacity growth remains subdued and load […]
ACI Europe: Another weak month for airports
Airfreight across European airports had another difficult month in May, experiencing the seventh consecutive months of declines, Airports Council International (ACI) Europe reports. Airports inside the European Union saw traffic falling 2.3% while non-EU airports also declined by 1.6%. Out of the top 10 European freight airports, only Madrid, Liege, Paris Charles de Gaulle and […]
FedEx adds B767F to Dublin-London-Paris route
FedEx Express has introduced brand new Boeing 767 Freighters on European routes, offering more capacity on Dublin – London – Paris services. The first 767F in European service for FedEx can carry 41 tonnes of cargo, a 16% increase in capacity compared to older aircraft. It is also 9% more fuel efficient than its predecessor, […]
WorldACD: It’s all negative on the cargo front
WorldACD is reporting no change from the air cargo front as negative trends continue in May with falling volumes. Saying “it is difficult to believe that the year will recover from its dismal start” to 2019, WorldACD reports that chargeable weight decreased 5% year-on-year whilst yields in US dollars fell 5.6%, resulting in revenue loss […]
IATA: Airfreight off to a weak start in 2019
Global airfreight has got off to a weak start in 2019, with freight tonne kilometres falling 1.8% in January, the International Air Transport Association (IATA) says. The fall was the worst performance in the last three years and comes as air cargo faces significant headwinds. Global economic activity and consumer confidence have weakened, while the […]
UPS increases Hong Kong – Europe capacity
UPS is increasing capacity on major trading routes between Hong Kong and Europe by deploying Boeing 747-8s on services via Cologne, Germany. Deploying three 747-8s through August 2019 replaces existing 747-400s, and increase capacity by 19% on four weekly direct flights. The upgraded flights are a result of strategic investments to expand UPS’s global air […]
WorldACD: Slow start to 2019 but special cargo grows
Global air cargo got off to a slow start in 2019 with volumes dropping 2% in January, with special cargo mitigating the fall, according to WorldACD. General cargo got off to a slow start, down 5% with valuables and dangerous goods also down, though perishables grew 6%, high tech by 4%, pharmaceuticals by 5% and […]
IATA: Flat demand in November a disappointment
Airfreight demand was flat in November, the slowest rate of growth since March 2016, following 31 consecutive months of increases, the International Air Transport Association (IATA) reports. Demand in freight tonne kilometres was 0% in November and while e-commerce continues to grow, IATA says there are signs of weakness in global economic activity, a contract […]
Avianca Cargo touches down at Brussels Airport
Avianca Cargo made its maiden voyage between Europe and South America on 18 November with direct flights to Brussels Airport. The Airbus A330-200 Freighter services will offer customers an extended network in Europe. The flights to Brussels providing connections to the flower auction in Amsterdam, the main operation and consolidation centre for the flower industry […]
Uni-top Airlines adds Liege-Wuhan route to Air Silk Road
Uni-top Airlines is continuing to develop routes between China and Europe with flights from Liege to Wuhan using a Boeing 747-400 Freighter. The service will leave the Belgian airport on Mondays, Wednesdays and Fridays, arriving in Wuhan the next day using the 747-400F with a capacity of 110 tonnes. European manufacturers of automobile parts, particularly […]
Kuehne + Nagel to establish single region for Europe
Kuehne + Nagel will establish a single region for Europe, consolidating management for all countries under one roof with its head office in Hamburg, Germany. Dr Hansjorg Rodi, who has been responsible for the Central and Eastern European region and managing director for Germany since October 2016, will lead the Europe region. Holger Ketz, head […]
IATA: Growth slows in June as world trade deteriorates
The growth in global airfreight demand continues to slow with freight tonne kilometres increasing by 2.7 per cent in June, the International Air Transport Association (IATA) says. The association says this continues the slowdown that began earlier in 2018, with growth for the first half of the year standing at 4.7 per cent, less than […]
Panalpina picks Christian Wurst as CEO for Europe
Panalpina has appointed Christian Wurst as its new regional CEO for Europe, bringing extensive experience of the freight forwarding and logistics industry with him. German-born Wurst, who will join Panalpina in February 2019 has more than 20 years of international experience in the freight forwarding and logistics industry and a broad knowledge of European markets […]
IATA: Air cargo growth slows to a 22 month low in March
Growth in air cargo demand has slowed to a 22 month low as global trade has softened, the International Air Transport Association (IATA) reports. Freight tonne kilometres (FTK) increased by 1.7 per cent in March, five percentage points lower than in February and the slowest pace of growth in 22 months. The association says the […]
LATAM Cargo adds Brussels and Madrid to European freighter network
LATAM Cargo is extending its freighter network in Europe with flights to Brussels and Madrid, doubling the number of European cargo flights from two to four cities. The airline group says the decision came in response to growing demand and the need to provide alternatives to rising congestion levels at European airports. Brussels was chosen […]
IATA: Cargo remains robust in January following an exceptional year
Air cargo demand has continued to grow at a robust rate following an exceptional year in 2017, the International Air Transport Association (IATA) reports. Demand measured in freight tonne kilometres (FTK) rose by eight per cent year-on-year in January, up from the growth of 5.8 per cent in December 2017. The strong growth in January […]
Kerry Logistics picks Schulz as commercial director for Europe
Kerry Logistics has picked Birte Schulz as commercial director for Europe, managing sales activities and key account management in 10 European countries. She will be based at Kerry’s office in Hamburg, Germany and will work closely with the European managing directors and local sales teams. Schulz will play an instrumental role in the strategic planning […]
IATA: Air cargo flying after strongest year since 2010
Airfreight demand grew at its fastest rate since 2010, with freight tonne kilometres (FTK) increasing nine per cent in 2017, the International Air Transport Association (IATA) reports. The growth in 2017 was more than double the rate in 2016 and was sealed by solid results in December, when demand grew by 5.7 per cent, which […]
Flexport opens second European office
Flexport, the leading technology-enabled freight forwarder and customs broker, is to open a second European office. The forwarder expects to hire over 100 employees for its location in Hamburg in Germany in the next two to three years. The Hamburg office will be led by Flexport director of accounts in the DACH region Janis Bargsten […]
ACI Europe: Strong growth continues in November
Freight traffic has remained consistent across Europe with growth of 8.6 per cent in November, Airports Council International (ACI) Europe reports. The association says growth has been stronger at non-European Union (EU) airports, up 12.7 per cent year-on-year, with EU hubs also performing well, up 7.9 per cent. Freight volumes have been strong throughout the […]
IATA: Air cargo remains strong in November with 8.8% growth
Air cargo demand has remained strong in November with 8.8 per cent growth despite indicators suggesting the peak of cyclical growth the passed, the International Air Transport Association (IATA) says. The association says the uptick in freight growth coincides with the traditional period of strong demand seen in the fourth quarter, with November’s performance putting […]
