UPS, FedEx suffered high late-delivery rates during 2017 holiday season

If your delivery arrived late this holiday season, you aren’t alone. A post-holiday analysis of deliveries performed by LateShipment.com found that both UPS and FedEx struggled to process record-high delivery volumes. The shipment-tracking company’s CEO Sriram Sridhar said that, when it came to ground shipments, both UPS and FedEx, “had alarmingly high late delivery rates […]
  • Lewis King
  • January 19, 2018

Sheremetyevo passes 300,000 tonnes total cargo, mail for 2017

Moscow’s Sheremetyevo International Airport (SVO) saw a healthy increase in cargo traffic during 2017, thanks to strengthening global trade, as the airport reported handling more than 290,000 tonnes of cargo and 35,000 tonnes of airmail during 2017 – up 27.3 percent and 43.8 percent, respectively, compared to 2016. International cargo volumes were reported as increasing […]
  • Caryn Livingston
  • January 19, 2018

Cincinnati/Northern Kentucky Airport within striking range of ‘million-tonne-club’

Ground hasn’t even been broken for Amazon’s US$1.5 billion hub, and Cincinnati/Northern Kentucky International Airport’s (CVG) cargo volumes are already surging, with a 27 percent increase over 2016, pushing the Midwest airport’s cargo volumes up to 907,184 tonnes. The year ended strong, with CVG’s December cargo traffic up 34 percent, year-over-year, to 99,228 tonnes. Candace […]
  • Lewis King
  • January 18, 2018

HKIA cargo passes 5 million tonnes in 2017 as hub nears 20th birthday

As the latest update in 2017’s air cargo growth story, for the first time, Hong Kong International Airport (HKIA) reported a total handle of more than 5 million tonnes of airfreight for the year, just as the hub prepares to celebrate the 20th anniversary of its opening this year. For 2017, HKIA handled 4.94 million […]
  • Caryn Livingston
  • January 17, 2018

Freight prices eased, but now set to rebound, says Freightos

Airfreight prices that finally relaxed after the 2017 holiday season are poised to increase again with the approach of the Chinese New Year, occurring this year in mid-February, according to estimates from online pricing platform Freightos. During December, prices more than doubled on some routes, with shipments between Asia and Europe increasing to a rate […]
  • Caryn Livingston
  • January 16, 2018

Crane’s Pete Mento returns to keynote at AirCargo 2018

The annual AirCargo 2018 Conference, which has been moved back to its early year position on the calendar (Feb. 18-20) in Austin, Texas, will feature the ever-popular Pete Mento of Crane Worldwide (pictured) as this year’s keynote speaker. Mento’s background as an air forwarder, customs broker and noted futurist means that while most people are […]
  • Randy Woods
  • January 15, 2018

IATA confirms healthy airfreight growth for November

The results are in for November and, as expected, IATA reported that growth in the airfreight industry picked up substantially with the move into peak season, with freight tonne kilometers (FTKs) increasing by 8.8 percent, year-over-year, for the month. While growth remains healthy, and November significantly outperformed October’s still-impressive 5.9 percent, y-o-y, growth, November figures […]
  • Caryn Livingston
  • January 11, 2018

Liège cargo strategy pays off with record volumes in 2017

While other European airports were giving cargo the cold shoulder (or at least forcing them to compete for limited slots), Belgium’s Liège Airport did just the opposite, perusing cargo carriers through a strategy of unlimited slots and landing times, and massive investments into cargo facilities. Now, the airport is announcing all-time record volumes of 717,000 […]
  • Lewis King
  • January 9, 2018

WFS goes after perishables, pharma at JFK with 15-year lease on new terminal

Worldwide Flight Services (WFS) is betting big on New York’s air cargo market, signing a 15-year lease on the new Aero JFK II facility, a 346,000-square-foot cargo terminal at John F. Kennedy International Airport. The new terminal is part of the Port Authority of New York and New Jersey’s plan to reverse the region’s underperforming […]
  • Lewis King
  • January 9, 2018

Asia-Pacific carriers surpass overall industry growth levels in November

Results from the Association of Asia Pacific Airlines (AAPA) for November – citing a 9.2 percent year-over-year increase in freight tonne kilometers for the month – confirm other reports from airlines and industry associations that the strong growth story of 2017 saw a revival at year’s end with a robust peak season. Growth rates for […]
  • Caryn Livingston
  • January 3, 2018

November volumes break record set during past month, says WorldACD

The new year is finally here, but as 2017’s stats continue to roll in, it seems the surge in airfreight demand during the holiday season was the gift that kept on giving for the air cargo sector. Most recently, WorldACD reported that, during November 2017, worldwide airfreight volumes rose 1.3 percent, month-to-month, to break the […]
  • Caryn Livingston
  • January 2, 2018

Top 10 Air Cargo World stories of 2017

We at Air Cargo World thank you for your loyal readership during this surprisingly busy 2017 and wish you continued success in the coming new year. But before we turn the calendar to 2018, we thought we’d take one last look back at this year – our 75th continuous year in publishing – and find […]
  • Randy Woods
  • December 29, 2017

Emirates SkyCargo’s pharma investments pay off in record volumes for 2017

Emirates SkyCargo wrapped up a year of record volumes and expansion, carrying 2.5 million tonnes of freight this year across its global network. The carrier’s president, Tim Clark, commented that despite challenging market conditions, the carrier had successfully implemented initiatives to boost revenues, trim costs, and used emerging technologies “to make our business and operations […]
  • Lewis King
  • December 29, 2017

Liège Airport announces additional €30 million investment in cargo capacity

Liège Airport (LGG) announced an additional investment of €30 million into four new parking areas for large aircraft. In the wake of last month’s decision to add 20,000 square meters of space for cargo, the Belgian airport is now investing more than €50 million in cargo, as it rushes to offer a capacity alternative to […]
  • Lewis King
  • December 27, 2017
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