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 […]
While announcing a healthy 12 per cent rise in net profit for the full-year 2018, year-on-year, Kerry Logistics warns that trade friction between the US and China will continue disrupting existing global supply chains for […]
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. […]
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. […]
The warning shots were fired in late-January when the International Monetary Fund (IMF) warned that a faster-than-expected slowdown in China could damage “systemic financial stability, as it lowered its 2019 projection for economic growth globally. […]
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 […]
Despite downward pressure on Alibaba earnings from a number of fronts, the company is confident that a number of factors will keep e-commerce growth steady and with it, Alibaba’s fortunes as China’s largest e-commerce player. […]
Preliminary traffic figures for the full calendar year 2018 released today by the Association of Asia Pacific Airlines (AAPA) showed an easing of cargo demand after a strong 2017, reflecting slowing export activity amid increasing […]
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 […]
Copyright @ 2017 | AsiaCargoBuzz.com | All Rights Reserved