HACTL in the midst of record peak, even as growth rates are slow

Despite slowing year-over-year growth rates in monthly annual comparisons, demand for air freight is still extremely strong. Hong Kong Air Cargo Terminals Limited (Hactl) reported it had broken three records during the first week of November, indicating the industry’s position in the middle of a great peak season. For the first time ever, on 5 […]
  • Charles Kauffman
  • November 15, 2017

First reports do not bode well for July

As the months of the second quarter of 2015 rolled by, it became clear that the growth in airfreight demand seen in the last half of 2014 had not continued – that despite the one-time bump from modal shift in the first quarter of this year, underlying demand growth in 2015 was in the very low […]
  • David Harris
  • August 19, 2015

What next for air freight demand?

The 2015 edition of Cargo Facts Asia took place this week at the Langham Hotel in Hong Kong. A record crowd of senior air cargo executives joined us from all over the world, and over the next few weeks we will pass on some of the highlights of the event here on our website. Starting […]
  • David Harris
  • April 24, 2015

January results are in. But are they meaningful?

The International Air Transport Association released its air freight market analysis for January 2015, showing an overall 3.2% year-over-year increase in worldwide cargo traffic. The growth was driven by a 3.9% increase in international traffic, while domestic traffic was down 0.9%. From this, IATA concludes that “air freight makes a slow start in 2015,” and […]
  • David Harris
  • March 3, 2015