Capacity & Demand

What shippers really want: Airfreight’s true customers speak out

What shippers really want: Airfreight’s true customers speak out

May 1, 2017 at 5:41 pm 0 comments

Airport codes BCN and BQN are strikingly similar at first glance. But to a Spanish pharmaceutical manufacturer in Barcelona, located thousands of miles from a misdirected shipment of temperature-sensitive components languishing in a warehouse in Puerto Rico, that one letter represents millions of dollars per day. This scenario, and othersRead More

Narrowbody surge predicted in 20-year freighter forecast at Cargo Facts Asia

Narrowbody surge predicted in 20-year freighter forecast at Cargo Facts Asia

April 25, 2017 at 5:59 pm 0 comments

SHANGHAI — With no end in sight to the burgeoning growth of global e-commerce, the worldwide growth in narrowbody freighters is anticipated to reach 1,178 aircraft by 2036, up from just 656 narrowbody freighters at the end of 2016, according to the 20-year “Freighter Forecast for 2017 – 2036,” released todayRead More

Are rising airfreight rates a sign of resurgent global trade?

Are rising airfreight rates a sign of resurgent global trade?

April 25, 2017 at 5:57 pm 0 comments

Airfreight rates ticked back up again in March, up US$0.21 per kilogram, or 6.7 percent over March 2016, as the industry moved out of a seasonal decline in rates that generally follows the holiday surge. Drewry’s East West Airfreight Price Index registered an increase of 4 percent, to 87.6 pointsRead More

Voyageur Aviation unveils first Dash 8-100 freighter conversion

Voyageur Aviation unveils first Dash 8-100 freighter conversion

April 21, 2017 at 5:50 pm 0 comments

Canadian aerospace company, Voyageur Aviation Corp. rolled out the first-of-its-kind Dash 8-100 Package Freighter (PF) conversion aircraft. The Dash 8-100 PF carries an average payload of 4.5 tonnes, and has 39 cubic meters of cargo space. The aircraft’s 1.27-meter x 1.52-meter cargo door, and low door sill height of 1.02Read More

United, Lufthansa Cargo JV to share freight capacity, booking, handling

United, Lufthansa Cargo JV to share freight capacity, booking, handling

April 20, 2017 at 5:58 pm 0 comments

Finally, some good news regarding United – United Cargo, that is. After two years of negotiations, United Cargo and Lufthansa Cargo entered into a joint venture this week, covering a wide-range of cargo cooperation on routes between the United States and Europe. The trans-Atlantic deal, first proposed in 2015, coversRead More

Brexit, high costs undercut strong Q1 business at K+N

Brexit, high costs undercut strong Q1 business at K+N

April 20, 2017 at 5:42 pm 0 comments

Increased volumes and turnover failed to offset currency depreciation, undercutting a strong showing at Kuehne + Nagel Group and ultimately pushing EBITDA and earnings growth into the red. For the first three months of 2017, K+N’s EBITDA was US$257 million, just shy of the previous year’s numbers, while earnings alsoRead More

Airport cargo handle jumps 3.3%

Airport cargo handle jumps 3.3%

April 19, 2017 at 5:59 pm 0 comments

Total airport cargo handled — loaded and unloaded freight and mail — worldwide in 2016 was up 3.3 percent over 2015 to about 106 million tonnes, according to preliminary data from the Airports Council International. International freight handled was up 4.3 percent to about 66 million tonnes, accounting for aRead More

Turkish Cargo doubles freighter capacity into Oslo on strong seafood exports

Turkish Cargo doubles freighter capacity into Oslo on strong seafood exports

April 19, 2017 at 5:57 pm 0 comments

Thanks to a strong start to the year for seafood exports, Turkish Airlines doubled its freighter capacity into Oslo Airport this month. Turkish Airlines’ cargo division launched flights to Oslo Airport on March 10, before upping capacity. The route will be serviced by an A330-200F.  Martin Langaas, director of cargoRead More