IATA reports only 2.1% air freight traffic growth for July

Despite reports from carriers, airports, ground handlers, and the Association of Asia Pacific Airlines (AAPA) indicating a rebound in air freight traffic growth rates during July, the International Air Transport Association (IATA) recorded a significant slowdown in year-over-year growth for the month, at only 2.1%. IATA attributed the slower growth to a number of factors, […]
  • Caryn Livingston
  • August 29, 2018

July traffic first look suggests stronger air cargo performance

Last month, when many of the world’s major airports and carriers released June performance metrics, the air freight industry seemed poised to begin feeling impacts from the ongoing trade war between the United States and China. Now that July results from carriers, handlers, and airports are beginning to come in, the outlook is slightly more […]
  • Caryn Livingston
  • August 17, 2018

The world’s top 50 cargo carriers of 2017

Last year when we analyzed the top 50 cargo carriers of 2016, we noted FedEx’s runaway cargo traffic growth through its acquisition of TNT, which further drove a wedge between FedEx and the number two contender for highest total cargo traffic, Emirates. However, a year can make quite a difference, and what an eventful year […]
  • Caryn Livingston
  • August 9, 2018

Cathay stays in the red, despite continued cargo strength

The Cathay Pacific Group reported a net loss of US$34 million in the first half of 2018, marking an improvement from 2017’s first half when the Hong Kong-based carrier reported a net loss of $261 million as its passenger business struggled to counter increasing competition from airlines based in mainland China. So far this year, […]
  • Caryn Livingston
  • August 8, 2018

DP-DHL 2Q results point to ongoing post, parcel pains

While Deutsche Post-DHL Group posted operating profit (EBIT) gains in the Express, Global Forwarding and Freight, and Supply Chain segments, a year-over-year decrease of 58.5% in second quarter EBIT for the Post-eCommerce-Parcel (PeP) division weighed on the Group’s overall EBIT for the quarter, which declined by 11.2% y-o-y to €747 million. The Group’s revenue increased […]
  • Caryn Livingston
  • August 7, 2018

Air cargo volume growth flattens in June

When Netherlands-based WorldACD reported air cargo performance results for May, the outlook for continued cargo growth was in question, summarized as “Is the party really over?” With yesterday’s release of June results from WorldACD, the answer seems to suggest that although the party isn’t truly winding down, it is certainly on hiatus for the summer. […]
  • Caryn Livingston
  • August 1, 2018

Improved 1H18 for Lufthansa Cargo on growth outside Europe

Germany-based Lufthansa reported 1H18 revenues for its logistics business segment up 12.3% year-over-year, to €1.3 billion, despite Group cargo traffic which grew at a slower clip, increasing just 2.9% during the same period, to 5.37 billion RTKs. Improved earnings before interest and taxes (EBIT), which rose 48% year-over-year to €125 million, indicate both that restructuring […]
  • Charles Kauffman
  • August 1, 2018

US cherry exports shrugging off tariff impacts?

A 25% tariff on about $50 billion worth of Chinese imports into the US went into effect on 6 July, prompting retaliatory tariffs from China and sparking a trade war midway through the Pacific Northwest’s cherry season. Typically, cherry exports to China are a huge business during July and for the region generally – during […]
  • Caryn Livingston
  • July 31, 2018
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