Top 5 takeaways from 2018 airport cargo throughput

Last year, the world’s top 20 cargo airports by volume handled some 51 million tonnes of cargo, comprising 42 percent of all global air cargo volumes, according to preliminary world airport rankings released this week by Airports Council International (ACI). Although in many cases, airports closely tracked the overall market’s low-digit growth for 2018, there […]
  • Chelsea Toczauer
  • March 15, 2019

CEIV-Fresh standard launched in Hong Kong for perishables quality

SINGAPORE — First it was pharmaceuticals. Next came live animals. This morning the International Air Transport Association (IATA) added yet another time and temperature-sensitive cargo category to its wildly successful Center of Excellence for Independent Validators program: Perishable goods. The new industry certification — the Center for Excellence for Perishable Logistics, a.k.a. "CEIV-Fresh" — is designed […]
  • Randy Woods
  • March 12, 2019

Pearce: No growth for the last 12 months is ‘something to worry about’

SINGAPORE – Economic reports are often a mixed bag. For every positive sign, there are several lurking omens that could spell disaster. On March 12 at IATA's World Cargo Symposium (WCS), Brian Pearce, chief economist at IATA, addressed the current economic conditions of the air cargo industry, and it was hard to read his assessment […]
  • Nina Chamlou
  • March 12, 2019

Can integrated trade survive in these protectionist times?

SINGAPORE – At IATA's World Cargo Symposium (WCS), speaker Brian Pearce, chief economist at IATA, said at the “Enabling Global Trade” panel discussion that he thought the industry was “at a dangerous junction, because in many ways, I think the West is moving away from that model that is the integrated world that we were […]
  • Nina Chamlou
  • March 12, 2019

Trans-Pacific rates, traffic decline early in 2019

Airfreight traffic among Asia-Pacific carriers is on the decline so far in 2019, defying expectations of increased shipments ahead of the Chinese New Year. Meanwhile, while data from the TAC Index, which publishes weekly average general cargo prices on major global origin-destination pairs, indicates that trans-Pacific airfreight rates between Hong Kong and North America have likewise fallen nearly […]
  • Caryn Livingston
  • March 11, 2019

IATA: Jan. air cargo volumes represent “worst performance in the last three years”

In a report released today by IATA, data for global airfreight markets indicates that demand for air cargo, measured in freight tonne kilometers (FTKs), decreased by an average of 1.8 percent, year-over-year, in January – which IATA called the “worst performance in the last three years” – while available capacity increased again, by 4 percent, […]
  • Nina Chamlou
  • March 7, 2019

Agility survey predicts effects of trade tensions, emerging economies

Kuwait-based international forwarder Agility Logistics released its emerging markets logistics analysis that shows the hindrances that protectionist policies pose to the momentum of globalization, but also highlighted some emerging markets that are being fueled by a continued demand for e-commerce. At the forefront of the study, Agility noted that, since July 2018, the International Monetary […]
  • Nina Chamlou
  • March 5, 2019

Supply chain disruptions ensue following India-Pakistan airspace dispute

Flights at Lahore Airport (LHE) and a string of smaller regional Pakistan-based airports are in operation again today after being suspended for about three days, starting last Wednesday, due to elevated military tensions between India and Pakistan that caused government officials to close Pakistan’s airspace. Trans-Eurasian cargo carriers that stop in Pakistan – including Air […]
  • Nina Chamlou
  • March 4, 2019

WorldACD: Air cargo volumes in Jan. down, but specific industry volumes grew

WorldACD’s analysis for January bolsters the emerging theme of year-over-year drops in air cargo traffic – with the month showing a 2 percent decline in volume, y-o-y, as well as a decrease in overall yield, measured in U.S. dollars, of 2.5 percent. Breaking the picture down to specific channels, however, there are each some observable […]
  • Nina Chamlou
  • March 4, 2019

CEVA reduces debt, confirms drop in net earnings for Q4

Earlier this month, when Swiss 3PL CEVA Logistics released its preliminary results for 2018, it touted its reduction in debt and its potential growth prospects for 2019. Today, as it released its official fourth-quarter and full-year performance figures, CEVA official retained their optimism, but, like several other logistics firms, reported double-digit losses on fourth-quarter earnings […]
  • Randy Woods
  • February 27, 2019

Carriers charter extra freighter flights before Valentine’s Day

With less than 24 hours to go before the big Valentine’s Day holiday, more carriers are reporting in with data about increased charter flights packed with fresh-cut flowers that mostly likely traveled thousands of miles to make it to neighborhood grocery stores in the United States, Europe and Asia. International carriers and forwarders are heaving […]
  • Nina Chamlou
  • February 13, 2019

U.S. House committee considers bill to fund FAA during shutdowns

Today, the U.S. House Committee on Transportation and Infrastructure Subcommittee on Aviation held a hearing to discuss H.R. 1108, the proposed “Aviation Funding Stability Act of 2019” that would fund the Federal Aviation Administration (FAA) in the event of a partial government shutdown like the one ended late last month. The hearing examined how the […]
  • Chelsea Toczauer
  • February 13, 2019

This year, I resolve to put infrastructure ahead of technology

Recent statistics indicate that only 9 percent of New Year’s resolutions made are ever kept for more than a few weeks. At the beginning of each year, many of us promise to eat less, get more exercise, increase charitable contributions or find other creative ways to improve ourselves in hopes of a brighter future. Personally, […]
  • Brandon Fried
  • February 7, 2019

CEVA’s preliminary results for 2018 point to future growth, reduced debt

Calling 2018 a year rocked by “structural changes” and activity to deleverage debt, CEVA Logistics AG released preliminary results on Monday for the year ended Dec. 31, 2018, suggesting that revenues grew during the year, albeit not quite as strongly as the revenues from the previous year. CEVA’s full 2018 results are not expected to […]
  • Randy Woods
  • February 5, 2019
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