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ACF 2020

 

ACF 2020

 

CMA CGM reinforces CITES procedures
The CMA CGM Group is reinforcing its procedures fo...

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Qatar commits to transporting humanitarian aid free of charge
Qatar Airways Cargo is taking action like no other...

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XELLZ plans Rosslare freezone
Dutch logistics company XELLZ has acquired 100.000...

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SCG contracts Castor Marine for 4G connectivity
Shipping Company Groningen (SCG) has contracted of...

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88% "very satisfied" satisfaction rating for Dunkerque
On June 25, the AUTF (*), the French shippers' tra...

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Turkish Cargo increases market share to five percent
According to the data announced for May by the WAC...

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Dunkerque awarded PERS certification
Dunkerque-Port has again been awarded PERS certifi...

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AA to bring all LHR flights back online
From tomorrow American Airlines will begin provisi...

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June outperforms May air cargo volumes
As PPE volumes faded, global air cargo volumes in ...

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CMA CGM reinforces CITES procedures
Qatar commits to transporting humanitarian aid free of...
XELLZ plans Rosslare freezone
SCG contracts Castor Marine for 4G connectivity
88% "very satisfied" satisfaction rating for Dunkerque
Turkish Cargo increases market share to five percent...
Dunkerque awarded PERS certification
AA to bring all LHR flights back online...
June outperforms May air cargo volumes

 

United Cargo

 

Turkish Cargo

 

Amerojet

 

AA Cargo

 

PLA

 

Latest News

Christos NEW 1 copy
13 Jul, 2020

NAP joins forces with PLN

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Hong Kong based Neutral Air Partner (NAP), the global network of air cargo architects and…
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10 Jul, 2020

Delta Cargo partners with PayCargo

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Delta Cargo has partnered with online payment platform PayCargo and Unisys to offer…
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10 Jul, 2020

TAPA partners with BSI

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The Transported Asset Protection Association (TAPA) has entered into a strategic…
United Denver
09 Jul, 2020

United Cargo partners with DSV on Pharma shipments

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United Cargo has partnered with DSV Air and Sea, a leading global logistics company, to…
Caribbean
08 Jul, 2020

Caribbean Airlines resumes commercial ops from Jamaica hub

in News
Caribbean Airlines has re-started commercial operations from its Jamaica hub into the USA…
American Airlines Miami
08 Jul, 2020

AA names Tyler president of cargo

in News
American Airlines announced that Jessica Tyler has been named President of Cargo and Vice…
Continental Cargo Carriers copy
07 Jul, 2020

RoRo specialist CCC celebrates two years since Europa acquisition

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Roll-on roll-off (ro-ro) specialists Continental Cargo Carriers (CCC) is celebrating its…
Bollore Logistics operates WARA air service for airbridge Europe West Africa copy
07 Jul, 2020

Bollore extends Africa cargo air bridge

in News
Bollor√© Logistics is extending until 31 July 2020 its special weekly cargo freight…
Emirates 787 9
06 Jul, 2020

Emirates SkyCargo back to 100 destinations

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Emirates SkyCargo will be operating scheduled cargo flights to 100 destinations across…

AMSTERDAM: It is now a decade since the air cargo industry had its last high point before the financial crisis hit the following year. Analyst World ACD says worldwide volume growth in the past 10 years has totaled 31 percent - despite year-on-year volume falls as high as 40 percent in 2009 - for an average annual growth rate (AAGR) of 2.7 percent.

The big inter-regional markets produced the following AAGR results:

  • Asia Pacific to Europe: +20 percent (1.8 percent)
    Europe to Asia Pacific: +80 percent (6.0 percent)
  • North America to Europe: +9.0 (0.9 percent)
    Europe to North America: +46 percent (3.8 percent)
  • Asia Pacific to North America: +39 percent (3.4 percent)
    North America to Asia Pacific: +46 percent (3.8 percent)
  • Europe to Middle East & South Asia: +60 percent (4.8 percent)
    Middle East & South Asia to Europe: +36 percent (3.2 percent)

Percentage growth of top origin country in each of six regions by AAGR:

  • Vietnam: +275 percent (14.1 percent)
  • Ethiopia: +151 percent (9.6 percent)
  • Sri Lanka: +133 percent (8.8 percent)
  • Norway: +118 percent (8.1 percent)
  • Mexico: +82 percent (6.2 percent)
  • Ecuador: +65 percent (5.2 percent)

AAGR percentage growth of top destination country in each of six regions:

  • Vietnam: +194 percent (11.4 percent)
  • Qatar: +163 percent (10.2 percent)
  • Mexico: +87 percent (6.5 percent)
  • Russia: +71 percent (5.5 percent)
  • Kenya: +57 percent (4.6 percent)
  • Brazil: +37 percent (3.2 percent)

“July became the second month in row that saw minimal worldwide growth as volumes grew just 0.5 percent year-on-year and 0.8 percent in Direct Tonne-Kilometres.

“The yield dropped slightly to US$1.88, 0.6 percent lower than in June, but still 12.2 percent higher than in July 2017. Measured in €, the yield fell 2.2 percent month-over-month while it increased 10.5 percent year-on-year.

“When DTK's grow more than volume, that means that cargo has shifted to longer haul markets. Thus, given the tiny difference of 0.3 percent, the average distance between origin and final destination of July shipments hardly. Actually, the DTK trend since January 2018 shows that the average distance between origin and destination still grows, but much less so than in previous years.

“And although very difficult to quantify, the technical problems the Japanese carrier NCA has faced over the summer have most likely negatively influenced growth figures for June and July.

“Volumes from origin points in Africa and Europe contracted 8.3 percent and 1.3 percent respectively in July as Latin America kept growing (+9.5 percent), while MESA and Europe destinations were the only ones showing more than 1.0 percent growth.

“So far this year, Latin America is the fastest growing origin region (+11.6 percent) and Europe the fastest growing destination (+5.6 percent). Volume growth for the first seven months was 3.3 percent, while DTK growth declined to 4.1 percent year-on-year.

“In the same period the weight of the average shipment increased by 1.9 percent. Looking at the so-called 'weight breaks' (0-50 kg, 50-300 kg, 300-500 kg), the number of shipments above 1000 kg grew much faster (+4.8 percent) than the number of shipments in the smaller weight breaks with growth varying between -0.9 percent and +2.0 percent.

“Could this stronger growth, particularly from Asia Pacific, be caused by an increase in consolidated e-commerce shipments? After all, it is not only Integrators who move e-business across the globe.

“The percentage of year-on-year yield growth in US$ depended on the weight breaks: the smaller the weight, the smaller the yield growth. Shipments over 1000 kgs saw larger yield increases (+17 percent) than smaller shipments (growth increasing from 9.0 for 0-50 kg to 14 percent for 500-1000kg).

“However the increase in fuel prices may well play a role here as the increase in absolute fuel cost, when factored in as a percentage of total yield change, weighs more heavily on the lower yielding, larger shipments.”

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