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

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 […]
  • Lewis King
  • June 22, 2017

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 […]
  • Randy Woods
  • June 16, 2017

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 […]
  • Charles Kauffman
  • June 14, 2017

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 […]
  • Lewis King
  • June 9, 2017

Air freight cools to merely ‘robust’ growth levels in April

You know things are improving, in general, when the word “robust” is used to describe growth that is slowing down. The latest airfreight data results from IATA showed that April’s growth clocked in at 8.5 percent, year-over-year, in the wake of the previous month’s double-digit 13.4 percent growth rate. IATA’s report is now the third […]
  • Lewis King
  • June 2, 2017

The Power 25: How the world’s top forwarders are facing the future

(Charles Kauffman and Lewis King also contributed to this article.) If 2015 was called the “year of the merger,” with the wave of consolidations across the airfreight industry, 2016 could be the year of deja vu. We have seen these companies before – well, almost all. While there has been some churn in this year’s […]
  • Randy Woods
  • June 1, 2017

Registration begins for Air Cargo World’s second annual ELEVATE Conference

With the revolution of e-commerce spreading across the industry, innovation has become more important than ever for businesses involved in air logistics. To provide you with the tools needed to survive these coming changes, Air Cargo World is excited to announce that registration is officially open for the second annual ELEVATE event, which will take […]
  • Randy Woods
  • June 1, 2017

UPS: American businesses forgoing billions in cross-border e-commerce

Cross-border trade is still where the smart money is in the e-commerce market, but American businesses are largely missing out on this growth opportunity. Tandem reports released by UPS suggest that trade policies and attitudes in the United States are costing domestic businesses billions of dollars in lost revenues from cross-border e-commerce and trade. If […]
  • Lewis King
  • May 31, 2017

Airports around the world register strong first-quarter volumes

More evidence is in that air freight demand has turned the corner, and the question now is how long the demand will last. That’s one possible conclusion to be drawn from the latest report from Airports Council International (ACI), the trade association of the world’s airports, which registered freight volumes rising by 8.3 percent, year-over-year […]
  • Lewis King
  • May 30, 2017

The Power 25: How long can the good times last?

EARLY RISERS For this year’s Power 25, the positive trends outweighed the bad. Last year, we at Air Cargo World predicted DSV, following its completed absorption of UTi, would be a fast riser – and rise it did, leaping up seven spots on the Power 25 list, from No. 16 to No. 9. Now that […]
  • Randy Woods
  • May 27, 2017

The Power 25: Welcome to the neighborhood, Apex Logistics

In a year that saw little change on the Power 25 list, the spotlight fell on the sole new entrant on the list: China-based Apex Logistics International. In 2016, air tonnage shot up for Apex by an impressive 39 percent, while gross revenues topped US$690 million. While this increase came from a relatively small base, […]
  • Randy Woods
  • May 27, 2017

The Power 25: Forwarders to watch in 2017

C.H. Robinson While this Minnesota-based forwarder missed the Power 25 list again this year, and has suffered from the effects of weaker truckload pricing on its overall business, first-quarter 2017 revenues for its Global Forwarding segment grew 33.5 percent to $468.8 million, compared to the previous year. Net revenues for the division increased 14.7 percent, […]
  • Randy Woods
  • May 27, 2017

Sky Gates Cargo to add 747-400F to fleet

With its Russia, Europe and Far East routes exceeding expectations, startup carrier Sky Gates Cargo announced that it will add a second 747-400F to its fleet. The impending aircraft, expected to be delivered sometime next month, was part of Cathay Pacific’s cargo fleet and is currently being operated by Silk Way West, a partner airline […]
  • Lewis King
  • May 26, 2017
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