Post Tagged with: "Brexit"

CH Robinson’s Eijsink explains impact of Brexit and digital freight forwarding [VIDEO]

CH Robinson’s Eijsink explains impact of Brexit and digital freight forwarding [VIDEO]

May 25, 2017 at 5:57 pm 0 comments

Air Cargo World sat down with Jeroen Eijsink, president of C.H. Robinson Europe, to talk about the impact of digitization on the freight forwarding business and the impact of anti-trade sentiment and globalization on the European economy.  

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

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

Back in black? European air cargo business boom continues

Back in black? European air cargo business boom continues

April 11, 2017 at 4:49 pm 0 comments

With the March numbers starting to trickle in from European carriers and airports, early indicators suggest that the air cargo business is on track for yet another great month across the continent. On the airport side, Heathrow saw what it’s CEO, John Holland-Kaye, described as “surging trade.” Meanwhile, Air France-KLM,Read More

China-UK railroad corridor spells trouble for airfreight

China-UK railroad corridor spells trouble for airfreight

January 18, 2017 at 6:59 pm 0 comments

The first container train from China reached the U.K. today, arriving at the London Eurohub in Barking. Completed in 18 days, the rail transit connection threatens to disrupt China-Europe supply chains, with airfreight appearing especially vulnerable. The 10,000- to 12,000-kilometer transit takes 12 to 18 days, depending on the routeRead More

Mauritius heads off Brexit downturn with airfreight rebates

Mauritius heads off Brexit downturn with airfreight rebates

January 9, 2017 at 6:59 pm 0 comments

When Great Britain voted to break away from the European Union, many knew the “Brexit” would have far-reaching effects on the world economy – but perhaps not quite this far. The tiny island nation of Mauritius, for example, said it will launch an airfreight rebate program, called the “Speed-to-Market Scheme”Read More

EU Airports on track for strong 2016

EU Airports on track for strong 2016

December 13, 2016 at 6:45 pm 0 comments

EU air cargo volumes remained buoyant into the month of November, with exceptions such as Frankfurt reflecting a pilot’s strike, rather than long-term downturns. In the UK, Heathrow’s cargo volumes rose 4.4 percent year-on-year (y-o-y) making it Britain’s largest port, with almost 30 percent of UK exports by value. HeathrowRead More

Tough market pressure lowers IAG Q3 operating profit

Tough market pressure lowers IAG Q3 operating profit

October 28, 2016 at 5:34 pm 0 comments

For the last three months, IAG Cargo saw cargo tonne kilometers rise 5.4 percent, year-over-year, to 1.3 billion, while total tonnes of cargo carried fell 18.8 percent, y-o-y, suggesting that the carrier flew less volume longer distances. This, and other factors, led to a third-quarter decline in operating profits ofRead More