2018 starts with strong demand – what about Chinese New Year?

As we always point out at this time of year, air freight demand growth statistics for January must be treated with considerable skepticism. The variable timing of the Chinese New Year holiday can push traffic that would normally move in January to February, or vice versa. Therefore, it makes sense to wait for the February […]
  • David Harris
  • February 15, 2018

Summarizing the air cargo market in 2017

IATA reported freight tonne kilometers across the airfreight industry rose by 9.0% y-o-y for the full year 2017, the strongest growth over a calendar year since 2010’s recovery from the industry’s abysmal performance in late 2008 through most of 2009. Last year saw marked improvement in world trade conditions generally, and the resulting demand for […]
  • CarynLivingston
  • January 31, 2018

DHL launches “Global Trade Barometer”

DHL launched an index, the “Global Trade Barometer” both for measurement of economic growth (based on import and export data for select commodities) and for prediction of the impact of the current environment on demand for air and ocean freight. The Barometer, which saw its first release this month, uses data from 2013 onward. It […]
  • David Harris
  • January 29, 2018

Specialty products drive 2017 volume growth at AirBridge

Russia-based AirBridgeCargo Airlines (ABC), the scheduled-service subsidiary of Volga-Dnepr Group,  reported total tonnage up 13% in 2017 to “more than 700,000 tonnes.” This is well down from the more-than-20% growth the carrier has reported in the last three years, but stronger than the industry average. In terms of cargo traffic (in freight tonne kilometers), AirBridge […]
  • David Harris
  • January 24, 2018

Hong Kong International breaks the 5 million tonne barrier

For much of 2017, Hong Kong International Airport’s year-over-year cargo handle growth was in double digits. With tougher 2016 comparisons, that growth rate dropped slightly in November and December, but December’s 6.3% y-o-y increase was enough to push HKG’s full year handle over 5 million tonnes – the first airport ever to hit that mark. […]
  • David Harris
  • January 22, 2018

10 most-read stories on CargoFacts in 2017

With 2017 now in the history books, we take a look at the stories that drew the most attention from our readers in a year that turned out to be one of the best ever for our industry. 10: More Freighter Orders for Boeing. Despite the ever-increasing demand for air freight over the last two […]
  • David Harris
  • December 29, 2017

A November to remember

While demand for air freight remained strong in September and October, the year-over-year rate of demand growth began to fall from the double-digit heights achieved in the first eight months of the year as the tougher comparisons of late 2016 began to kick in. But despite the solid demand growth in November 2016, early reports […]
  • David Harris
  • December 19, 2017

Shanghai joins the 4-million-tonne club

Until now, only two cities in the world – Hong Kong and Memphis – could boast that their airports handled more than 4 million tonnes of air cargo per year. But, according to the Shanghai Airport Authority, as of today, 15 December, Shanghai joined the 4-million-tonne club.] Unlike Hong Kong and Memphis, which only have […]
  • David Harris
  • December 15, 2017
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