FIATA and TRAFFIC launch free digital course on prevention of wildlife trafficking  

The International Federation of Freight Forwarders Associations (FIATA) and wildlife trade monitoring network TRAFFIC launched a new digital “Prevention of Wildlife Trafficking” course on Oct. 4, during the FIATA World Congress 2019 in Cape Town, South Africa.   The three-hour digital course is aimed at providing freight forwarders with essential information that can aid workers in detecting, responding […]

Airports’ lackluster year continues with August volume declines

Preliminary results for August airport volumes worldwide are out, indicating continued market weakness across the globe. While air cargo holds out hope for conservative increases in volumes moving into the holiday season, the industry is also no longer holding its breath given continued tensions between China and the U.S. and looming Brexit concerns. All regions […]

Do mixed August traffic reports for Asian carriers denote uptick in cargo?

In August’s first look, Asian carriers reported mixed year-over-year declines in cargo traffic. While the impact of volatile global trade relations contributed to most carriers reporting traffic declines for the month, a closer look at the numbers reflects that some airlines actually experienced slight recovery from July declines. Both Mainland China-based Air China and Singapore […]

Delta Cargo traffic continues downhill slide in July

Delta Air Lines reported another decline in traffic for its cargo division during July. The carrier’s cargo traffic declined by 8.5% year-over-year during July, and 8.1% year-to-date. Traffic for July stood at about 180 million cargo ton miles, or 263 million freight tonne kilometers (FTKs). Although still down from July 2018, traffic declines have slowed […]

American Airlines’ cargo revenue falls 15% in 2Q19

American Airlines’ cargo traffic fell 16.2% during the second quarter to 644 million cargo ton miles, or about 940 million freight tonne kilometers, leading to a 15.4% decline in cargo revenue, the company said this week during its earnings call.  “Our cargo yields were slightly higher during the quarter, but year-over-year scheduled reductions and falling demand in Asia and Europe markets meant that cargo revenue fell […]

Hong Kong Airport’s cargo traffic continued to slide in May

Hong Kong International Airport (HKG) reported that air cargo traffic continued its downward slide in May 2019, slipping 7.3% year-on-year to 405,000 tonnes. Cargo imports plunged 9% compared to May 2018, as trade tensions ramp up between China and the United States. The International Air Transport Association (IATA) found that global cargo demand fell 4.7% […]

Cargo was Alaska Air’s fastest-growing unit in Q1

Seattle-based Alaska Airlines reported strong growth for its cargo unit during the first quarter of 2019, even as the overall U.S. domestic air cargo market simmered to a more tepid growth rate. Operating revenues for the carrier’s cargo and other segments rose 22%, year-over-year, to US$50 million for the three-month period ending on Mar. 31. […]

Shanghai, Emirates Top 2019 ACE Awards

Correction: When this story first ran in April 2019, finalist carrier Turkish Airlines was misidentified as being in the “Up to 999,999 Tonnes” annual throughput category as a winner of a Certificate of Excellence for its 101-point ACE score. In fact, Turkish Airlines handled more than 1.4 million tonnes of cargo in 2018, so it should have been placed […]

WorldACD: December a ‘double whammy’ as growth shrinks

In its end-of-the-year analysis of the international air cargo market, WorldACD called the month of December – prepare to wince – a “double whammy.” According to the report, air cargo volume growth and yield growth were both negative, year-over-year, during the month. WorldACD said that the last week of 2018 was “particularly worrisome,” noting that […]

WorldACD October report shows modest growth, minimal effect from trade wars

The latest data from WorldACD provides grounds for optimism for those concerned with international demand for air cargo, following September’s discouraging results, when volumes sunk for the first time in years, by 0.9 percent. October’s report, released yesterday, shows a modest 2 percent increase in international volume and a 7 percent increase in air cargo […]

Agility Logistics reports Q2 growth in net income, airfreight volume

Kuwait-based Agility Logistics has released its Q2 2018 financial results, which show a 20 percent increase in net profit and a 14 percent increase in volume, year-over-year, in its airfreight segment for the three-month period ended in June 30, 2018. Its freight forwarding and contract logistics segments were the two major drivers of revenue within […]

K+N releases positive 2018 figures in first-half statement

Today, Switzerland-based forwarding giant Kuehne + Nagel (K+N) released its first-half results for 2018, reporting an airfreight volume increase of 18 percent over 1H17 to 863,000 tonnes. Operating profit (EBIT) in the Airfreight segment increased 20 percent in the half to US$182 million. Looking at the quarterly level, tonnage volume for Q1 increased by 21 […]

IATA: Demand growth slows in May, as protectionist policies loom

May reports from the International Air Transport Association (IATA) and WorldACD show that the 2017 heyday of double-digit growth rates in the global air freight market are officially returning to normal levels. The organization said freight tonne kilometers (FTKs) increased by a moderate 4.2 percent, year-over-year, for the month of May. The figure is an […]
Page 1 of 212 »