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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

Asian airfreight shows no signs of slowing in May

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, year-over-year, are helping to overturn predictions that Asia’s airfreight markets were headed for a “seasonal cooling,” according to the latest numbers from the Association of Asia Pacific Airlines (AAPA). Even more impressive is […]

Armstrong’s 3PL report calls 2016 ‘mediocre’ for U.S. airfreight

While the third-party logistics (3PL) market had a “mediocre” year in the United States, global 3PL revenues reached US$802 billion in 2016 and are on track to exceed $962 billion in 2020, according to the latest 3PL report by market research firm, Armstrong & Associates. The report, titled “Third-Party Logistics Market Results and Trends for […]

Airfreight yield and demand growth accelerate in May

With results in from many of the world’s major cargo carriers and airports, it looks like air freight demand growth in May was extremely strong – perhaps not as strong as in March 2017, but an improvement over April (which was by no means weak). From the revenue data available, it appears that yields also increased […]

UK transport industry calls for reconsideration of Brexit

U.K. voters woke this morning to what many are calling a vote of no confidence in British Prime Minister Theresa May and her Brexit agenda. On the campaign trail, May called this a “Brexit election,” and promised tough negotiations with Europe. Ultimately, that plan backfired and her party lost its majority. With voters now clearly […]
Page 20 of 32« First...10«1819202122 » 30...Last »