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 […]

TNT’s turnaround – a work in progress

TNT reported a net fourth-quarter loss of €137 million, a substantial decline from the €32 million profit reported in 4Q13. As shown in the charts at right, revenue in the quarter was up 1.6% to €1.79 billion, and reported operating income fell from €79 million in 4Q13 to a loss €53 million. TNT has once […]

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 […]

IAG Cargo to drop surcharges

IAG Cargo is the latest major cargo carrier to move to an all-in pricing structure. When Emirates’ move to an all-in-one pricing structure for cargo at the beginning of the year was quickly followed by Qatar Airways, the obvious question was: “Will more carriers follow?” Which, of course, carried the subtext of “Can other carriers afford not to […]

Lufthansa and “Cargo Human Care”

We have often reported on the efforts of Airlink, the humanitarian response organization that links pre-qualified nonprofits with airlines (see the most recent report here). But Airlink is not the only aviation-related organization to be involved in humanitarian work, and today we tip our hats to Lufthansa Cargo, for its creation, and continued support of, Cargo Human […]

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 […]
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