Posts Tagged ‘Air’

Transpacific airfreight rates decline again in January

Airfreight rates on the transpacific trade lane continued to come under pressure in January as contacts say that demand at the start of 2019 has been lacklustre. Figures from Tac Index show that airfreight rates on services from Hong Kong to North America declined by 0.8% year on year to an average of $3.66 per […]

IATA reports passenger and freight growth in 2018

The International Air Transport Association (IATA) announced global passenger traffic results for 2018 showing that demand (revenue passenger kilometres or RPKs) rose by a healthy 6.5%, whilst air freight grew by 3.5% (both compared to full-year 2017).

Asian airlines report growth in 2019 despite end of year slowdown

Asian Pacific airlines recorded an “encouraging” increase in air cargo volumes in 2018, despite a slowdown towards the end of the year. The latest figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo volumes increased by 3.9% year on year in 2018. However, growth continued to slow as the year progressed, […]

Cargo demand in November a “big disappointment”, says IATA

The air cargo industry failed to register an increase in demand in November for the first time since March 2016 in what has been described as a big disappointment. The latest figures from airline association IATA show that cargo traffic was flat in November compared with a year earlier, following 31 consecutive months of year-on-year increases.

Top 5 airfreight trends to expect for 2019

Every January brings with it anticipation of the months to come and what they hold for airfreight logistics. Trade wars, recent WorldACD reports  and the impending finale of Brexit have instilled uncertainty into the market, but the outlook for this year still suggests growth.

Tariff war takes its toll in November as air cargo volumes decline

Air cargo volumes for November bucked normal seasonal trends and declined compared with October levels. The latest figures from analyst WorldACD show that there was a 1.4% year-on-year (YoY) decline in cargo volumes in November, but more surprisingly there was a slip of 2% compared with October. Usually air cargo demand increases in November as the industry […]