Resilience Index led by HK, Singapore in Asia
Hong Kong leads Asia in the latest FM Global Resilience Index, which annually ranks 130 countries and territories by the resilience of their business environments, including supply chains. The Resilience Index, compiled by mutual insurance […]
Cargo decline levels off in March, recovery remains aloof
Industry-wide freight tonne kilometres (FTKs) for March are marginally higher – up 0.1 per cent – compared with their level of a year ago and a sharp turnaround from February’s 4.9 per cent dive. “Although […]
Global cargo decline led by sinking Asia numbers: WorldACD
With air cargo volumes at their lowest in February 2019 due to Asia’s Lunar New Year, the month of March’s significant rebound of 25 per cent was not enough to keep the first quarter aloft, […]
South Korea’s trade index into negative realm: DHL
South Korea’s trade index is falling below the growth benchmark, but falling air trade – largely due to a dampened semiconductor market – is set to be offset by its ocean trade over the next […]
Belt and Road keeping China’s trade growth alive: DHL
Chinese trade is forecasted to grow with an overall index of 56 despite the speed of growth slowing down, according to data from the DHL Global Trade Barometer released by DHL. The DHL Global Trade […]
Air cargo demand continues sliding with 4.7% Feb contraction
Global air freight markets continued their slide, down 4.7 per cent in February y-o-y, marking the fourth consecutive month of negative y-o-y growth and the worst performance in the last three years. The news from […]
Emerging trend “quite worrisome” after Jan/Feb results: WorldACD
With much discussion in the industry over the lousy start of 2019 for air cargo, WorldACD Market Data highlights that every year the first quarter is impacted by the Lunar New Year (LNY), particularly the […]
WFS becomes first handler to win BRUcargo Award
Worldwide Flight Services (WFS) is the first handler to win the BRUcargo Award, presented annually by Brussels Airport Company to recognise and incentivise service excellence. The award – now in its 13th year – was […]
Global trade troubles take bite out of Hong Kong volumes
Hong Kong International Airport (HKIA) saw cargo throughput plummet by 14.4 per cent to 274,000 tonnes in February year-on-year, due to “unfavourable macroeconomic conditions”. HKIA handled 676,000 tonnes of cargo in January and February 2019 […]
January cargo demand hits three-year low: IATA
Cargo demand continues to face “significant headwinds” says the International Air Transport Association (IATA) pointing to data for global air freight markets showing that January demand – in FTKs – dropped 1.8 per cent year-on-year. […]
Falling January volumes kept aloft by perishables, pharma, hi-tech: WorldACD
The first month of 2019 confirmed the trend that has been apparent for a number of months now, according to WorldACD Market Data – another volume drop, this time of 2.0 per cent YoY, coupled […]
Dec cargo decline everywhere but Africa: ACI World
Global air freight volumes fell 1.5 per cent in December 2018 compared to December a year earlier, firming up the 2018 year-end growth figure at 3.3 per cent, according to Airports Council International (ACI) World. […]
Singapore 2nd in globalisation ranking, ASEAN beats expectations
While Singapore remains the world’s second most connected country, being the only Asia Pacific country to feature in the Top 10 ranking, Southeast Asian nations beat expectations as globalisation hits new record high. The ranking […]
December air freight demand worst since March 2016: IATA
A ‘quadruple whammy’ of the end of the restocking cycle, weakening global economic activity, contracting export order books and weakening consumer dealt a blow to air cargo fortunes towards the end of 2018. The International […]
December 2018 brings ‘double whammy’ declines in volume and yield: WorldACD
December closed the year with a “double whammy” of negative volume growth and negative yield growth, resulting in a year-on-year (YoY) airline revenue drop of 5.6 per cent in USD (1.9 per cent in EUR), […]
Airports Council Int’l notes air cargo’s “resilience” in year of turbulence
Cargo figures over a four month period to the end of November 2018 point to the industry’s “impressive resilience to shocks,” given the various geo-political and trade frictions during the year, says the Airports Council […]
AAPA: Nov sees heavy demand, but little new growth YoY
E-commerce volumes during the peak festive season helped keep the growth in international air cargo demand on the positive side in November, up 0.1 per cent year-on-year, according to the Association of Asia Pacific Airlines […]
E-commerce offsetting cargo sluggishness, Oct up 3.1%: IATA
Growing international e-commerce and an upturn in the global investment cycle are supporting growth in international air cargo demand with October up 3.1 per cent year-on-year, says the International Air Transport Association (IATA). In its […]
Global trade growth “solid” but deceleration rapidly occurring in Asia: DHL
Global trade remains “solid” according to DHL and will continue to grow over the next three months, although Asia is seeing a strong deceleration. This is the conclusion of the latest DHL Global Trade Barometer […]
IATA notes continuing softness of air cargo markets in September
Air freight demand rose 2.0 per cent in September, year-on-year, unchanged from August, but less than half the five-year average growth rate of 5.1 per cent as weakening order books and longer delivery times are […]
Sept China-US cargo figures may indicate impact of trade war: WorldACD
With overall growth in China’s air cargo exports in September, the market from China to the US however, was in decline possibly indicating the first consequences of US President Trump’s trade war with China, WorldACD […]
Air freight up in Aug but Asia vulnerable as tariff row grows: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometres (FTKs), rose 2.3 per cent in August 2018, compared to the same period the […]
Air cargo growth shrinks to slowest quarterly growth in two years: IATA
Air freight growth slowed to its slowest pace in more than two years according to the latest IATA statistics which showed demand in freight tonne kilometres (FTKs) slowed to 2.8 per cent in the three […]
July sees lacklustre performance continue says WorldACD
Worldwide air cargo yield dropped slightly to USD 1.88 in July 2018, 0.6 per cent lower than in June, but still 12.2 per cent higher than in July 2017, according to the latest analysis from […]
Lackluster Asian market heralds worsening global air cargo slowdown: IATA
The latest data from the International Air Transport Association (IATA) for global air freight markets indicates the slowdown in air cargo growth that began earlier in 2018 is continuing, with the growth for the first […]
June sees the first flat-lining of global cargo volume growth
June 2018 saw the first time in two years where air cargo’s worldwide volume growth stagnated as the year-on-year (YoY) increase for the month fell nearly flat at a mere 0.4 per cent growth, according […]
Heads of cargo optimistic but fuel, trade tension downside: IATA
The results of IATA’s latest survey of airline CFOs and heads of cargo, conducted in early-July, suggest that the squeeze on airline operating profit margins intensified during Q2 2018, but cargo executives still upbeat. This […]
Cathay Pacific Group sees June cargo volumes up 5.8% year-on-year
Combined Cathay Pacific and Cathay Dragon traffic figures for June 2018 show an increase in both the volume of cargo and mail uplifted and number of passengers carried compared to the same month in 2017. […]
IATA revises cargo outlook downwards to 4% growth for 2018
Global air freight demand rose 4.2 per cent in May 2018, year-on-year, slightly down from the 5.2 per cent growth in annual demand recorded in April 2018, the International Air Transport Association (IATA) said. “After […]
WorldACD asks: Is the party really over, for everyone?
Noting that many in the industry have been talking about the end of the boom, the data analytics company is questioning whether the industry is set for “small dip” or a “slide” into a more […]
Global air cargo volumes grow 5.5% in Q1, up 4.8% in Asia: ACI
While gains in air freight volumes slowed in March, growing by only 2.4 per cent year-on-year, accumulated volumes for the first three months jumped by 5.5 per cent, over the same period last year according […]
Asia Pacific carriers see 5.4% cargo growth in first 5 months: AAPA
Preliminary traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that both international air passenger and air cargo markets remained buoyant in the month of May, with further expansion in business […]
End of restocking cycle sees March growth lowest in 20 months: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 1.7 per cent in March 2018, compared to the same period the […]
Q1 air cargo volumes up 4.8%, but yields heavily hinging on currency: WorldACD
With the full effects of Chinese New Year (CNY) now past, worldwide air cargo volumes in March 2018 showed an increase of only 0.9 per cent year-on-year (YoY), for a Q1 volume growth in of […]
Changi’s cargo growth dips into negative territory
The decline in cargo growth at Singapore Changi Airport continues,with March numbers sliding into negative territory, but quarter-on-quarter tracking remains steady. Cargo shipments slid -0.6 per cent in March to 187,550 tonnes, compared to the […]
Asian economies “clambering” towards new heights of growth
The Asia Pacific region’s booming economy looks set to power global trade growth in the coming quarter, according to data from the DHL Global Trade Barometer, with the prospects of China, Japan and South Korea […]
Feb air cargo demand still flying high, but IATA warns its peaked
Air cargo has seen its strongest start to a year since 2015 with the latest figures from the International Air Transport Association (IATA) showing demand growth for global air freight markets for February 2018 up […]
Asian cargo strong through Feb, but protectionist rhetoric poses risks: AAPA
Buoyant demand in Asian economies, coupled with further expansion in export activity contributed to further growth in trade activity in the region, which saw the region’s carriers registering a 7.3 per cent increase in air […]
Air freight demand up 9% in 2017, strongest growth since 2010: IATA
Global air freight market demand, measured in freight tonne kilometers (FTKs) grew by 9.0 per cent for the full-year 2017, more than double the 3.6 per cent annual growth recorded in 2016, according to the […]
IATA tunes its crystal ball into 2018
The International Air Transport Association (IATA) forecasts global cargo revenues will continue to do well in 2018, reaching USD 59.2 billion – up 8.6 per cent from 2017 revenues of $54.5 billion. Next year will […]
Air cargo slows in October, but still up 5.9%: IATA
Global air freight markets slowed in October with demand, measured in freight tonne kilometres (FTKs), up 5.9 per cent in October 2017, year-on-year, but down from the 9.2 per cent y-o-y growth of September 2017, […]
October was “special”, but surely to be surpassed by November: WorldACD
The latest worldwide air cargo figures – as reported by 75 airlines to WorldACD Market Data – confirm what the air cargo industry had surely noticed already: The month of October 2017 was special. Monthly […]
Cargo growth drops out of double-digits in September: ACI
The global surge affecting freight volumes receded in September with year-on-year figures falling to 6.8 per cent, from 10.5 per cent recorded in August of the same year, according to Airports Council International (ACI) statistics. […]
HKIA continues cargo growth in October
Hong Kong International Airport (HKIA) saw continued growth in cargo figures in October 2017, with throughput up by 2.3 per cent year-on-year to 430,000 tonnes, but significantly down from the 9.1 year-on-year growth recorded for […]
‘Trending sideways’: IATA says cyclical growth peak is spent
Air cargo demand (in freight tonne kilometers or FTKs) rose 9.2 per cent in September compared to the same month in 2016, the slowest pace of growth seen in five months, but still significantly higher […]
September sees 13th month of growth: WorldACD
With September air cargo performance continuing the winning streak to 13 consecutive months of year-on-year volume growth well above 5.0 per cent, WorldACD says the industry “has moved from dejection about continuing meagre results to […]
August sees more double-digit growth: WorldACD
With a worldwide cargo volume growth in August of 12.9 per cent year-on-year (YoY), air cargo continued its recent trend by again showing double-digit growth, according to WorldACD. At 14.6 per cent, YoY growth in […]
June growth continues, Q2 best in seven years: WorldACD
Growth in the air cargo sector that began over half a year ago, is continuing unabated according to WorldACD, with volumes up 10.5 per cent and yields up 7.0 per cent in June, year-on-year. “For […]
“Robust recovery” as global air freight volumes up 11.1% in May: ACI
After a period of economic uncertainty regarding the United States’ trade policy and risks related to the United Kingdom’s vote to withdraw from the European Union, global commerce is no longer sidelined, said Airports Council […]
May cargo figures continue to rock the air cargo party
With general cargo growth outpacing all specialty products except for pharma, WorldACD says May has seen a formidable year-on-year (YoY) increase in chargeable weight of 12.8 per cent (13.8 per cent in Direct Tonne Kilometres, […]