Will year-over-year gains begin to decline in September?

Those robust year-over-year monthly gains in air cargo volumes that became the ‘new normal’ over the last year might prove a little more elusive in the months ahead, starting this September according to Cargo Facts senior editor David Harris. With peak season ramping up, and the industry crowing about surging e-commerce volumes, such a prediction […]
  • Lewis King
  • October 17, 2017

IATA financial health check-up: High load factors, mixed profit margins

In its September report of the Airlines Financial Monitor, the International Air Transport Association (IATA) highlighted several indicators of financial health for global airlines – most notably that profit margins for European and Latin American airlines widened, that seasonally adjusted load factors for airfreight hit a three-year high in August, and that oil prices are […]
  • Caryn Livingston
  • October 12, 2017

Robust German economy keeps Frankfurt cargo volumes climbing

The German government increased its 2017 economic growth forecast this week to 2 percent for this year, up from its more conservative 1.5 percent estimate in April as the country’s economy steams ahead. At Frankfurt Airport (FRA), a 4.1 percent, year-over-year, growth in monthly cargo volumes for September support that outlook, as strong demand for […]
  • Lewis King
  • October 12, 2017

WorldACD: Volumes keep soaring through August

By all metrics, air cargo enjoyed another great month in August with a 12.9 percent year-over-year increase in volumes for the month alongside even higher direct tonne kilometer (DTK) growth of 14.6 percent, with WorldACD noting the average distance between origin and destination points for airfreight shipments continues to grow. Transport of pharmaceuticals and high-tech […]
  • Caryn Livingston
  • October 5, 2017

Exports are taking off at Rickenbacker Airport

The fashion industry, and the many retailers based in Ohio, have made Rickenbacker Airport (LCK) in Columbus, U.S., a sustainable cargo-only airport for scheduled freighters and charters, such as Qatar Airways Cargo’s 777 freighter flight earlier this month. However, the airport is also seeing dramatic increases in exports for products, including “fashion, auto parts, electronics, […]
  • Caryn Livingston
  • September 22, 2017

Irma recovery efforts continue as next hurricane threatens Caribbean

Even as yet another major cyclone – the Category 5-level Hurricane Maria – plows through the Caribbean region today, cargo groups and nonprofits are scrambling to provide food, medicine and other relief supplies to help the islands recover from the last major storm, Hurricane Irma. Disaster relief charities Airlink, LIFT, Patient Airlift Services (PALS) and Rescue Global have teamed up […]
  • Randy Woods
  • September 19, 2017

IATA sees growth drivers in place for strong finish to 2017

Despite some typically cautious warnings that the current growth cycle may be nearing a peak, industry-wide freight tonne kilometer (FTK) growth is at its strongest pace since 2010 and global business and consumer confidence levels point to solid improvement at least through the third quarter, IATA said in its Q3 2017 “Cargo Chartbook.” According to […]
  • Caryn Livingston
  • September 19, 2017

July volumes rise with global trade support, IATA says

Another month, another double-digit increase in airfreight volume growth. A surge in global trade and business confidence indicators pushed up July demand in freight tonne kilometers by 11.4 percent, year-over-year – proving wrong the International Air Transport Association’s (IATA’s) warning that June was likely the peak of the latest growth period. Instead of peaking at […]
  • Caryn Livingston
  • September 6, 2017

WFS’ ground handling volume has grown steadily in North America since January

As is the case with most of the carriers and forwarders reporting on air cargo volume this summer, ground handler Worldwide Flight Services (WFS) said total volumes across its nearly 60 cargo locations in the United States rose by more than 17 percent in the first seven months of 2017. “The air cargo industry is […]
  • Randy Woods
  • September 5, 2017

Rebounding global economy pushes up yields at Air China Cargo

With global trade driving up demand for air cargo along its major trade routes, Air China Cargo reported an increase in yields by 13 percent, year-over-year, for the first half of 2017, to reach US$0.19 per revenue tonne kilometer (RTK). Volumes were up 6 percent, y-o-year, at 3.5 billion RTKs, becoming the latest among Asian […]
  • Lewis King
  • September 4, 2017

Panalpina re-opens in Houston after Harvey

Third-party logistics provider Panalpina resumed its Houston operations at 8 a.m. this morning in local time, after Tropical Storm Harvey caused massive flooding across the city. Panalpina’s Houston facilities escaped the flooding and currently have full power, the company said in an announcement. Panalpina’s employees in the region are accounted for, and the company announced […]
  • Caryn Livingston
  • August 31, 2017

AAPA July airfreight demand surges with manufacturing growth

In what is beginning to sound like a skipping record, another airfreight group is reporting more good news about traffic. In this case, it’s the Association of Asia-Pacific Airlines (AAPA) saying that airfreight demand in the Asia-Pacific region continues to soar, according to preliminary results from the association’s carriers in July. Cargo traffic in the […]
  • Caryn Livingston
  • August 28, 2017

Freighter flights, pharma traffic boost MIA freight tonnage

After posting only a narrow increase of under 1 percent growth in 2016, compared to the previous year, cargo freight tonnage at Miami International Airport (MIA) rose by a more robust 4.8 percent, year-over-year, during the first six months of 2017. The airport attributed much of this year’s first-half growth to new freighter flights serving […]
  • Caryn Livingston
  • August 17, 2017

Fraport reports higher Frankfurt cargo volumes for July

Mirroring reports of strong cargo demand growth across Europe, cargo throughput at Frankfurt Airport (FRA) continued to increase in July, rising 4.2 percent, year-over-year, to 188,009 tonnes, according to airport owner and manager Fraport AG. Year-to-date, total cargo traffic increased 4.7 percent, compared to the first seven months in 2016, to 1.3 million tonnes. FRA’s […]
  • Caryn Livingston
  • August 10, 2017
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