Tag: air cargo
WorldACD: Tonnages and rates dropping after Q4 peak
Air cargo’s strong seasonal fourth quarter (Q4) appears to have peaked, with tonnages and rates dropping slightly in the second full week of December,...
DHL Express enhances Asia Pacific network
DHL Express has bolstered its aviation network and ground facilities with significant enhancements across Asia Pacific in the past year. Comparing the first three...
WorldACD: Air cargo rates rise to 2024 high in November
Worldwide air cargo rates rose to a 2024 high in November of US$2.76 per kilo, despite a slight (-2%) drop in flown tonnages compared...
IATA: Air cargo demand up 9.8% in October
The International Air Transport Association (IATA) released data for October 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand,...
WorldACD: APAC generating more than 50% of worldwide air cargo growth
Asia Pacific origin markets are continuing to contribute an outsize share of worldwide air cargo growth this year, generating more than half (56%) of...
HKIA wins top awards for cargo
Hong Kong International Airport (HKIA), the busiest cargo hub in the world, received several international accolades in recognition of its cargo service efficiency, innovations,...
WorldACD: Tonnages hold firm while rates build
Global tonnages in the last full week of November were at the same level as the previous week, while the overall average rate maintained...
WorldACD: Rates spike from Europe to Americas lifts global prices
A sharp rise in air cargo spot rates from Europe origins, particularly to the Americas, has helped to further drive up average worldwide spot...
WorldACD: Spot rates rise further as peak season builds
Worldwide air cargo average spot rates have continued to rise in the first full week of November, driven by significant week-on-week (WoW) increases from...
Boeing: Air cargo traffic to double by 2043
With a strong air cargo market exceeding pre-pandemic levels, Boeing forecasts continued long-term growth, saying air cargo traffic will increase by an average of...