Air Cargo News
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Demand for air freight through much of 2017 and into the first quarter of 2018 was boosted by stronger economies and trade, with e-commerce growth and a broader inventory restocking cycle keeping space tight and freight rates sky high. Air cargo is now heading into the slower summer months but capacity is expected to tighten into the fourth quarter. Double-digit growth in late 2017 means the year-over-year comparisons may not be as severe, but shippers have been advised to book their space early.
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LA air cargo expansion shelved

Dom, 09/15/2019 - 18:00
[caption caption="The new air cargo terminal was to be part of LAX’s massive $16 billion passenger terminal expansion and modernization program. Photo credit:"][/caption]A planned new air cargo terminal at Los Angeles International Airport, designed to streamline the transit of air shipments at the busy gateway, has been quietly shelved,...

Air shippers fear costs, delays due to Hong Kong X-ray rule

Mié, 08/28/2019 - 10:34
[caption caption="Air cargo volumes at Hong Kong International Airport fell 6.8 percent to 2.7 million tons in the first seven months of this year. Photo credit:"][/caption]Shippers and freight forwarders using Hong Kong International Airport (HKIA) could see substantial cost increases and disruption to cargo shipments after the world’s busiest...

Hong Kong airport chaos hampers air cargo

Lun, 08/12/2019 - 09:38
[caption caption="Hong Kong is the busiest air cargo airport in the world, handling more than 5 million tons in 2018. This means any disruption to cargo flows, such as those caused by the suspending of all passenger flights Aug. 12, quickly create bottlenecks that take time to unplug. Photo credit:...

European airport gateways feel cargo slump

Vie, 08/09/2019 - 10:05
[caption caption="There are no clear skies in sight for air cargo that has had a dismal first half with mounting concerns that the weakness in global markets will affect the end-of-year peak season. Photo credit: Shutterstock"][/caption]The freight performance of Europe’s airports in the first six months of 2019 has been...

Weak air freight, truckload hit Roadrunner’s Q2 line

Mié, 08/07/2019 - 13:32
[caption caption="Roadrunner"][/caption]A weak air freight market and dwindling truckload and intermodal volumes pushed Roadrunner Transportation Systems to lower revenues and profits in the second quarter, the company said Wednesday.CEO Curt Stoelting said the air cargo weakness is linked to truckload conditions and macroeconomic factors, which in general have been decelerating...

Slim summer pickings for air cargo as demand tumbles

Jue, 08/01/2019 - 12:39
[caption caption="It looks like there will not be much to load on cargo planes over the next few months with the market taking a deep downturn. Photo credit:"][/caption]Those analyzing the air cargo industry this year have tended to compare the poor performance in 2019 with that of two years...

Weak economic indicators cloud air cargo outlook

Lun, 07/29/2019 - 13:58
[caption caption="Cathay Pacific will be managing its freighter capacity to better match it with demand. Photo credit:"][/caption]Air cargo has slipped into the doldrums this year, with nothing in the economic indicators or market trends suggesting demand will strengthen in the months ahead.While it may be too early to predict...

Kuehne + Nagel: No December rush ahead of IMO 2020

Mar, 07/23/2019 - 11:20
[caption caption="A significant decrease in air freight volume took the gloss off Kuehne + Nagel’s first-half results. Photo credit:"][/caption]Kuehne + Nagel (K+N) is not expecting a rush of export cargo on major east-west trades or stock build-up from shippers trying to get their containers on the water before low-sulfur...

Air cargo volume, rates in tailspin

Mar, 06/25/2019 - 11:46
[caption caption="Slack demand and the ongoing US-China trade war is behind an 11.5 percent drop in spot market freight rates in the past six weeks from China/Hong Kong to the US. Photo credit:"][/caption]The only positive in an increasingly gloomy air cargo outlook this year is that the price of...

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