Record semiconductor sales

The Semiconductor Industry Association (SIA) reported global sales of semiconductors – a leading indicator for airfreight demand – up 9.3% y-o-y in December to US$29.18 billion, a new record for the month. For the full year, semiconductor sales were up 9.9% over 2013 to $335.9 billion, also a new record. SIA forecasts that growth will […]

Mixed results in January

2014 was a good year for the airfreight industry, the first in a long time, but will the growth continue? With January data now in from many of the world’s big cargo carriers and airports, we can say “So far, so good.” Or maybe “So far, not too bad.” As shown in the chart at […]

Cargo continues to shift to the Gulf

The shift of cargo traffic to the big hubs of the Middle East continues. By early February, many of the world’s big cargo airports had reported their 2014 performance, generally appearing to confirm what most of us already knew or suspected – that worldwide air freight demand growth had returned to the “old normal.” Which is […]

Troubled waters

Okay, the trouble is actually on the shore, where labor relations at the US West Coast ocean ports are approaching a meltdown, but it has the potential to bring ocean shipping to a halt at the region’s ports. After months of steadily increasing backlogs due to slowdowns by port workers unhappy with contract negotiations, The […]

Etihad cargo continues record-breaking performance

Abu Dhabi-based Etihad Airways reported 2014 cargo volume  up 16.8% to a record 569,000 tonnes. This is just over half the 32% growth rate it reported in 2013, but an enviable performance nonetheless. Worth noting is that the gains in volume do not appear to be coming at the expense of yield. Revenue figures for […]

Volume well up, yield down slightly in 2014

According to WorldACD, worldwide cargo volume was up 6.4% in 2014, while yield fell 1.5% compared to the previous year. Netherlands-based air freight data specialists WorldACD published their summary of worldwide air freight performance for December and the full year 2014. As shown in the chart below, cargo volume in December (measured by chargeable weight) […]

A good year for both Hactl & Cathay

Hong Kong Air Cargo Terminals (Hactl) reported its full-year 2014 handle – adjusted for the loss of Cathay Pacific’s business last year – up 8.7% to 1.81 million tonnes. The adjusted growth was led by a 28.6% jump in transshipment volume to 131,000 tonnes, while import volume was up 10.3% to 498,000 tonnes and export volume rose […]
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