Agile forwarding: How top forwarders innovate in the Middle East

Even in 2017, when air cargo operators saw double-digit gains in year-over-year traffic, growth in the Middle East was comparatively slow. The region’s geographic location had long made it a hub for trade between the Americas, Europe, Africa and Asia, and likewise positioned major gulf carriers like Emirates, Qatar Airways and Turkish Airlines high in […]

Agility sees another strong quarter for revenue, but airfreight falls

Kuwait-based logistics provider Agility reported a 3.2% year-over-year increase in its revenue for the second quarter alongside an 8.1% increase in profit for the quarter, despite an airfreight market afflicted by “volume declines and shifts that have resulted from U.S.-China tariffs and import restrictions,” the company said in a statement on the results. Across the […]

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 […]