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

Seafreight woes boost cargo volumes at Hong Kong’s Hactl

Strong international trade and a shift from ocean to airfreight have pushed cargo volumes at Hong Kong Air Cargo Terminals Ltd. (Hactl) up 16.6 percent in the first half of 2017, according to the ground handler. Whatever the cause, some 860,242 tonnes of freight during those first six months are undeniable proof that exports, imports, […]
  • Lewis King
  • August 1, 2017

Are ‘modest gains’ the new normal for Dubai’s cooling air freight market?

Dubai’s new freight hub is now handling approximately one third of the emirate’s air freight, as both regional airports posted middling first half numbers, reflecting a regional downturn. Freight volumes at Dubai World Central (DWC) rose 3.2 percent year-over-year (y-o-y) to 443,835 tonnes during the first half of 2017. Paul Griffiths, CEO of Dubai Airports […]
  • Lewis King
  • July 31, 2017

E-commerce, cross-border trade drive impressive Q2 results at UPS

UPS reported strong financial and operational performance in the second-quarter of 2017, with net income up 9.1 percent year over year to $1.38 billion as revenue rose 5.0 percent to $15.75 billion. Operating income for the second quarter was up 8.7 percent to $2.22 billion. With results like these, writes David Harris over at our […]
  • Lewis King
  • July 27, 2017

E-commerce, community initiatives drive record cargo growth at Schiphol

Schiphol Airport has worked to establish itself as one of Europe’s premier e-commerce hubs. Now, with the Dutch airport’s new Compliance Checker program, Schiphol officials say they hope to reach even loftier goals of eliminating common data errors. Launched in May, the Compliance Checker program boosts e-commerce flows through the airport by detecting data discrepancies […]
  • Lewis King
  • July 26, 2017

AAPA: Asia Pacific airfreight momentum suggests strong second half

The Asia-Pacific airfreight market is still red hot, and the latest numbers from the Association of Asia Pacific Airlines (AAPA) show that despite an increase in offered freight capacity of 4.8 percent in June, load factors for the month rose 3.1 percentage points to 66.2 percent. Preliminary freight tonne kilometer (FTK) gains of 10 percent […]
  • Lewis King
  • July 26, 2017

Double-digit revenue growth at United Cargo confirms strong market

Surging volumes at United Cargo pushed cargo revenues up 22.1 percent, year-over-year, to US$254 million in the second quarter of 2017, pushing the year-to-date growth rate and revenue numbers up to 17.9 percent, y-o-y, and $474 million, respectively. Comprising of less than 3 percent of United’s total half-year revenues, cargo remains a small percentage of […]
  • Lewis King
  • July 19, 2017

Frankfurt-Hahn’s half-year cargo numbers see record growth

“All signs point toward growth,” enthused Roger Scheifele, senior vice president for cargo sales and business development at Frankfurt-Hahn Airport (HHN), following the announcement that the German hub’s cargo business had more than doubled its cargo traffic over the first half of 2017.  From January to June, 49,000 tonnes of freight were handled at HHN, […]
  • Lewis King
  • July 13, 2017

IATA confirms robust growth in May cargo volumes

Echoing similar conclusions made by World ACD, Drewry and the Association of Asia-Pacific Airlines, the International Air Transport Association (IATA) confirmed that evidence of strong air cargo growth in May was no illusion – but may not necessarily be a sign of things to come. According to IATA’s latest figures, demand for air cargo in […]
  • Lewis King
  • July 5, 2017

Asia-to-North America airfreight rates post strong annual gains in May

Despite data by Asian carriers of a solid 12.2 percent increase in volumes and a 4.7 percentage-point increase in freight load factors (FLF) for the month of May, Drewry’s East-West Airfreight Price Index dropped by 3.1 percent, month-over-month, in May on Asia-to-North America routes. That’s not necessarily bad news. The market research firm noted that […]
  • Lewis King
  • June 26, 2017
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