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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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. […]
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 […]
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