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

June cargo traffic indicative of growing pains at Europe’s top airports?

Following a trade war between the United States and China which began last month when US President Donald Trump announced the imposition of tariffs on about $50 billion worth of Chinese imports, all eyes were on the Asia-North America trade lane. The number of goods now subject to tariffs has increased substantially but for the […]
  • Caryn Livingston and Charles Kauffman
  • July 23, 2018

Air cargo demand growth slows in May

In its overview of May air cargo performance, WorldACD asked the question that has been rehashed repeatedly as traffic growth has slowed and protectionist rhetoric has increased in 2018: “Is the party really over?” With these most recent results, the slowdown from last year’s consistent double-digit increases is undeniable – while volumes are still increasing […]
  • Caryn Livingston
  • July 2, 2018

IATA expects slowing freight traffic as demand falls

In its second quarter Cargo Chartbook today, the International Air Transport Association (IATA) declared that the best of the upturn in air freight traffic is past, as traffic in freight tonne kilometers (FTKs) rose by only 4.0% year-over-year during the three months ended April. The positive air freight performance during 2017 was supported by overall […]
  • Caryn Livingston
  • June 28, 2018

US tariffs on Chinese goods signal trade war has arrived

Today, the United States government followed through on earlier threats from US President Donald Trump by imposing a 25% tariff on about $50 billion worth of Chinese imports containing “industrially significant technologies,” which the Office of the United States Trade Representative (USTR) said are related to China’s “theft of our intellectual property.” For its part, […]
  • Caryn Livingston
  • June 15, 2018

Cargo growth continues in May results

May data arriving from the world’s big cargo carriers, airports, and handlers show that, with a couple of exceptions, growth in airfreight traffic has remained surprisingly strong despite increasingly tough year-over-year comparisons. While a couple of European outfits (Frankfurt Airport and Air France-KLM, in particular) posted y-o-y declines for the month, Asian operators that have […]
  • Caryn Livingston
  • June 14, 2018

Cargo Facts Consulting Rebrands to Kick Off a New Era in Air Cargo Advisory

Cargo Facts Consulting today unveils a comprehensive rebrand, its first major reinvigoration since the consultancy’s launch in 1978. Formerly known as Air Cargo Management Group, Cargo Facts Consulting (CFC) is expanding its range of services with this relaunch, bringing in expertise that spans aviation technology, OEM, maintenance and engine overhaul (MRO), and airlines. As part […]
  • JJ Hornblass
  • June 11, 2018
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