Tripping over tariffs

Temporary disruptor, or catalyst for supply chain revolution? An effortless downswing launches a ball up into the sky where it bisects an incoming China Southern 747 freighter making its final approach toward the nearby airport’s eastern runway. Unbeknownst to the golfer, a footwear executive in town for an urgent supply chain meeting, she has more […]
  • Charles Kauffman
  • July 11, 2019

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 […]
  • Brianne Ledda
  • July 3, 2019

July’s digital issue of Air Cargo World is here

The June 2019 digital edition of Air Cargo World magazine is now available to read on our website. As this issue of Air Cargo World was going to press, hundreds of aircraft following flight paths that would have crossed the Persian Gulf found themselves in a difficult situation. After the U.S. nearly launched an airstrike […]
  • Charles Kauffman
  • July 2, 2019

Lululemon increasing airfreight ahead of port congestion in Asia

In an effort to get ahead of impending tariff-fueled port congestion, Canadian clothing retailer Lululemon will be increasing its international airfreight shipments before the fall. PJ Guido, Lululemon’s CFO, brought up the shift during a June 12 conference call to discuss Q1 results, when he mentioned that the company expects “gross margin to be flat […]
  • Brianne Ledda
  • June 13, 2019

Cargo Chat: cargo-partner’s Tolentino optimistic despite trade shifts, tariffs

First it was the 1997 Asian financial crisis. Then came the 2000 “dot-com” crash and the 2008 global financial crisis. In the most recent iteration of “black swan” events to ruffle the feathers of global business, the world has encountered Brexit. Perhaps more comparable to a sitting duck, the Atlantic fowl has found good company […]
  • Chelsea Toczauer
  • June 5, 2019

IATA downgrades 2019 outlook for global air transport

The International Air Transportation Association (IATA) reduced its 2019 outlook for the global air transport industry by 21% to $28 billion in a statement released yesterday. IATA had previously forecast the 2019 outlook at $35.5 billion. Under the new forecast, 2019 industry performance is expected to fall under 2018’s net post-tax profits, which IATA estimates […]
  • Caryn Livingston
  • June 3, 2019

ANA sees exports to China plunge in first quarter

Japanese carrier ANA’s airfreight traffic to China took a serious hit in the first three months of 2019, with Shinya Katanozak, president and CEO of ANA Holdings, reporting to local media that the amount of cargo dropped by 24% compared to the same period last year. According to ANA traffic figures, ANA’s overall international cargo […]
  • Jeff Lee
  • May 31, 2019

CFA: Air cargo trade lanes can adapt to a trade war [VIDEO]

During a roundtable panel discussion at the 8th annual Cargo Facts Asia symposium held last month in Shanghai, executives from Agility and China Southern Airlines discussed the impact of the United States-China trade war on the Asia-Pacific air cargo market. According to panelists, while trade flows have shifted in the region as a result of […]
  • Caryn Livingston
  • May 16, 2019

Forwarding boosts unit operating profit for UPS in Q1

UPS reported first-quarter 2019 net income was down 17.4% year-over-year to $1.11 billion, on revenues that were up slightly (0.3%) at $17.1 billion. Operating profit for the quarter declined 8.3% to $1.39 billion, as the company was hit by forecasted “headwinds” and a series of severe winter storms that impacted the company’s US Domestic segment. […]
  • Charles Kauffman
  • April 26, 2019

Cargo traffic falls 12 percent among Asian carriers in Feb., says AAPA

The Association of Asia Pacific Airlines (AAPA) released its February traffic results today, showing that year-over-year growth rates for regional carriers are no longer flat, but in double-digit decline. Average traffic measured in freight tonne kilometers (FTKs) of member airlines dropped by a whopping 12 percent during the month compared to the same time last year.   The seasonal closure of businesses […]
  • Nina Chamlou
  • March 28, 2019

BIFA said prepare for a no-deal Brexit with 11 days to go

The clock is still ticking on Brexit, but United Kingdom’s logistics community and the British Parliament are still working hard to diffuse the situation. Last week, Parliament rejected Prime Minister Theresa May’s second proposed Brexit plan, which would have defined the terms for Britain’s exit from the European Union. With just 11 days left until […]
  • Nina Chamlou
  • March 18, 2019

Pearce: No growth for the last 12 months is ‘something to worry about’

SINGAPORE – Economic reports are often a mixed bag. For every positive sign, there are several lurking omens that could spell disaster. On March 12 at IATA's World Cargo Symposium (WCS), Brian Pearce, chief economist at IATA, addressed the current economic conditions of the air cargo industry, and it was hard to read his assessment […]
  • Nina Chamlou
  • March 12, 2019

Can integrated trade survive in these protectionist times?

SINGAPORE – At IATA's World Cargo Symposium (WCS), speaker Brian Pearce, chief economist at IATA, said at the “Enabling Global Trade” panel discussion that he thought the industry was “at a dangerous junction, because in many ways, I think the West is moving away from that model that is the integrated world that we were […]
  • Nina Chamlou
  • March 12, 2019

Will U.K. truckers see temporary permitting relief from a ‘hard Brexit’?

With fears of endless delays and hundreds of idled trucks increasing across the British hauling industry in the likely event of a no-deal Brexit later this month, members of the U.K.’s Freight Transport Association (FTA) were cautiously optimistic today about a March 4 tentative agreement between the European Union’s Parliament and its Member States that […]
  • Randy Woods
  • March 5, 2019
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