enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

search image top2

freightHub2020 BannerSMALL

 

freightHub2020 BannerSMALL

 

XPO launches Siemens Climate Solutions distribution system
XPO Logistics has created a UK distribution soluti...

Read more

Emirates SkyCargo still flying high after 18 years
Emirates SkyCargo is celebrating its 18th Annivers...

Read more

DP World backs Royal Challengers Bangalore
DP World have signed a long-term Sponsorship Agree...

Read more

Emirates conducts additional flights for Onam season
Emirates SkyCargo operated several additional carg...

Read more

Caribbean flying in with Covid-19 relief
Caribbean Airlines Cargo has collaborated with the...

Read more

CEVA commences CargoWise rollout
CEVA Logistics has commenced the rollout of CargoW...

Read more

Volumes up as airfreight tracks route to recovery
The gradual route to recovery to pre-COVID market ...

Read more

ParcelHero: Revenge of the high street
There was plenty of good news for Britain’s beleag...

Read more

XPO launches Siemens Climate Solutions distribution system
Emirates SkyCargo still flying high after 18 years...
DP World backs Royal Challengers Bangalore
Emirates conducts additional flights for Onam season
Caribbean flying in with Covid-19 relief
CEVA commences CargoWise rollout
Volumes up as airfreight tracks route to recovery...
Virgin Atlantic Cargo announces new UK-Pakistan routes for...
ParcelHero: Revenge of the high street

 

QATAR

 

United Cargo

 

Turkish Cargo

 

AA Cargo

 

PLA

 

Latest News

seago line Maersk
18 Sep, 2020

UN urged to resolve humanitarian crew change crisis

in News
UN agencies and programmes involved in the maritime sector, human rights, trade, travel…
LA ports 3
18 Sep, 2020

August volumes surge for Port of LA

in News
The Port of Los Angeles processed 961,833 Twenty-Foot Equivalent Units (TEUs) in August,…
Canada pic
18 Sep, 2020

CPR and Maersk to build major distribution centre in Vancouver

in News
​Canadian Pacific Railway and Maersk have reached an agreement to build and operate a…
Air City and SEKO Logistics launch international parcels service into the US copy
17 Sep, 2020

Air-City launches new US delivery service

in News
Air-City, powered by SEKO, has launched a new international parcel delivery service into…
SWISS A
17 Sep, 2020

WFS expands Jo'Burg handling ops for Lufthansa and Swiss

in News
Worldwide Flight Services (WFS) has expanded its cargo handling operation at…
PO
16 Sep, 2020

Advanced track and trace for P&O Ferrymasters

in News
P&O FERRYMASTERS launched an advanced track and trace service for its container…
qatar a350
16 Sep, 2020

Qatar Airways launches 4x weekly Accra service

in News
Qatar Airways has announced that it will operate four weekly flights to Accra, Ghana via…
GeodisMike Honious President CEO of GEODIS in Americas Sept20 copy
16 Sep, 2020

Honious named new GEODIS Americas CEO

in News
GEODIS has announced that effective October 3, 2020, Mike Honious will be promoted to…
Hapag Lloyd
15 Sep, 2020

Hapag-Lloyd opens new office

in News
Hapag-Lloyd has opened a new office in Lagos, Nigeria. As the largest economy and one of…

The first indications published over the past weeks, pointed to good November results. The month indeed did not disappoint, though year-over-year (YoY) growth slowed compared to earlier months. The lower figure of 4.3 percent volume growth was influenced by the fact that, in 2013, November had shown a large jump over October.

Worldwide November-yields again topped those for October, this time by growing 1.7 percent (in USD). Yet, people predicting declining yields were also right: worldwide yield went down by 4.0 percent YoY. Interestingly, yield excluding surcharges dropped less, a sign that changing fuel surcharges may begin to have an influence.

The Transpacific market was the best of the large markets in November. Did the problems in the Western US ports play a role? Judge for yourselves: Air cargo revenues ex-USA dropped by nine percent month-over-month (MoM) across the Pacific... From Asia Pacific to North America, however, we recorded an impressive 17 percent growth in revenues MoM, thanks also to a 9.0 percent yield increase!

Next to Asia Pacific, Africa and Latin America did best with YoY volume growth of over 7.0 percent. Latin America crowned its achievement by keeping yields almost level. Europe suffered with revenues declining by more than 5.0 percent, both MoM and YoY, though YoY revenue and yield increased measured in Euros. Middle East & South Asia (MESA) further consolidated its second position in Pharma (after Europe), by showing a YoY revenue growth in this category of 17 percent, with slightly climbing yields. In the markets for perishables, Africa easily outperformed the other origin regions, registering a 15 percent revenue growth, where other regions combined registered growth of around 5.0 percent.

Smaller forwarders performed a bit better YoY than the world's largest. The top-5 DHL Global Forwarding, Kuehne + Nagel, DB Schenker, Expeditors and Panalpina, did not fare too well. On the other end of the range, Hellmann and Fashion Logistics did particularly well, whilst large Asian forwarders, especially Yusen, Sinotrans, Beijing Global Sky Horse and CTS Int'l had a ball thanks to the strong growth ex Asia Pacific.

A lot is said about smaller markets growing fast. How about growth in the largest markets? Our attention this month goes to India, together with China the fastest growing of the large markets: 13.5 percent outgoing volume growth since 2011, coupled with a dismal yield performance in USD (-20 percent). The yield change looked a lot better in INR: +6.0 percent. Comparable figures for China are +15.5 percent and -9.1 percent, and for worldwide +8 percent and -10 percent. Incoming volume slipped slightly, but incoming yields fell considerably less than the worldwide average.

The destinations United Kingdom, Germany and the UAE together take 25 percent of all traffic from India, whilst the origins Hong Kong, Germany and China are good for around 40 percent of all air cargo into India. The biggest growth sectors ex-India are Live Animals (+243 percent), Perishables (+83 percent) and Pharma (+67 percent). Perishables boosted its share of the total from 12 to 19 percent, whilst Pharma grew its share from 6.0 to 9.0 percent. Whereas the bulk of the pharmaceuticals goes to North America (Europe is second, Africa third), the best perishables and live animals destination is MESA. Incoming traffic shows similar growth figures for the three categories mentioned.

Mumbai, Delhi and Chennai count for 70 percent of India's outgoing cargo. The fastest growing cities in general are Hyderabad and Kochi. Bangalore and Hyderabad show the highest growth in pharmaceuticals. Airlines from the Middle East profit most from India's growth, followed by airlines from Europe. Asia Pacific based airlines are losing market share, particularly in the markets from India to Europe.

Last but not least: the forwarder scene, which shows great volatility. Among the large forwarders, growth figures of 40 percent and higher are just as normal as big declines in market share. Expeditors, Panalpina, GAC Logistics and Damco are growing fast, mostly at the expense of regional forwarders, but certainly also hurting a number of the world's largest.

- WorldACD provides air cargo market data based on airline sources covering all countries.

OUTNOW

Corporate News

freightHub2020 BannerSMALL

digital-magtwitter-fw1utube-fw2loinked-fw3

- powered by Quickchilli.com -