Asia Pacific consumers prefer low costs and flexible shipping, UPS study says

Yesterday, UPS released a study on the habits of online shoppers in the Asia Pacific. Some of the key findings guiding habits, the study found, were delivery cost, flexibility and service quality.  The study finds that high delivery costs are the number one reason that consumers may abandon their online shopping cart. 39% of consumers surveyed opt not to […]

Cathay Pacific acquires HK Express, appoints new director

Hong Kong-based Cathay Pacific Airways said on Friday that it had completed the acquisition of low-cost carrier Hong Kong Express Airways. HK Express will continue operating as a stand-alone airline, Cathay Pacific said in a statement. While HK Express is primarily a customer-focused airline, the carrier also transported more than 10,000 tonnes of airfreight on […]

May traffic declines reflect trade war damage, says IATA

The International Air Transport Association (IATA) released data today indicating that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% y-o-y in May. The analysis, which shows a slight improvement from the 5.6% dip in April, confirms previous Air Cargo World reports on May traffic.   Freight capacity growth, which rose 1.3% y-o-y in May, continued to exceed growth in demand for the 13th […]

FedEx Express launches Asia-Pacific pharma cold-chain product

FedEx Express has launched a temperature-controlled cold chain shipping solution for the Asia-Pacific region to address growing demand from customers in the healthcare industry. The company is now offering the “Medpak VI°C” reusable thermal packaging solution to customers in Japan, Korea and Singapore on a one-way rental basis. The packaging comes with vacuum-insulated panels and […]

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 […]

Kerry Logistics launches e-commerce JV with E-Services Group

Hong Kong-based Kerry Logistics and e-commerce IT company E-Services Group (ESG) have entered a joint-venture (JV) to develop a fulfillment service that will fuse Kerry’s network and logistics services with ESG’s technological capabilities. The JV, “Kerry ESG,” will allow e-tailer shippers to manage order fulfillment, inventory and reverse logistics through a centralized platform upon its launch […]

AAPA traffic growth continued to slow in June

The latest cargo traffic results released by the Association of Asia Pacific Airlines (AAPA) continued a pattern of gradual decline in traffic growth among its member carriers since April. The organization reported a 3.4 percent year-on-year growth rate in freight tonne kilometers (FTKs) handled for the month of June. The number marks a 1.5 percent drop […]

U-Freight America expands West Coast presence

U-Freight America, the San Francisco arm of Chinese logistics company U-Freight, is opening an 80,000-square-foot facility in Industry, California – 20 miles east of Los Angeles – which will expand its capacity for its Asia-Pacific clients. Rick Keller, chief executive of U-Freight America, says the facility is in the “perfect location from which to offer […]

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 […]

Asia-Pacific cargo lift rises in 2016, but revenue, yields plummet

Cargo volume growth in the Asia-Pacific region gave some carriers optimism in 2016, but the increase in tonnage did not translate into higher revenues or yields, according to the preliminary assessment of the year by the Association of Asia Pacific Airlines (AAPA). International air cargo traffic, expressed in freight tonne kilometers (FTK), grew by 1.3 […]

Airfreight dives in Asia – should we panic?

The Association of Asia Pacific Airlines published February international traffic results and, for cargo, the news is bleak, down 12 percent, year-over-year. But as David Harris points out, from sister publication Cargo Facts, data from January and February are often skewed by the timing of the Chinese New Year – especially compared y-o-y during the […]

AirBridgeCargo reports January cargo surge

Confident is how AirBridgeCargo described its start to 2016, as it reported a 30 percent year-over-year rise in tonnage carried in January. ABC transported 43,605 tonnes of cargo to Europe, North American and the Asia-Pacific region for the month. The carrier attributes this robust performance to last year’s fleet and network expansion. Newly launched destinations […]

WorldACD sees ‘glimmers of hope’ for 2016

As 2015 draws to a close, WorldACD said that, in spite of its weak performance in recent months, the air cargo market wasn’t all that bad this year, thanks in part to China and Hong Kong. Together they account for almost 30 percent of worldwide revenue – a very solid share of the market. November […]
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