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ACF 2020

 

ACF 2020

 

Qatar returns to Helsinki
Qatar Airways has resumed services to Helsinki, be...

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Breakbulk Europe 2020 cancelled
Breakbulk Europe 2020, the world’s largest event f...

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Gebruder in Styria expansion
Gebrüder Weiss is expanding in Styria, with the of...

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Qatar adds Cebu to network
Qatar Airways continues to show its resilience, la...

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New brand identities for CSafe
CSafe Global, the innovation leader in temperature...

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Maritime cyber attacks surge
Cyber-attacks on the maritime industry’s operation...

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E2Open to streamline Etihad compliance processes
Etihad Cargo is set to streamline regulatory compl...

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Medical supplies fly in on ABC
AirBridgeCargo Airlines and ATRAN Airlines, air ca...

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Emirates SkyCargo's 10,000 cargo flights between April and June
Between April and June 2020, Emirates SkyCargo has...

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Qatar returns to Helsinki
Breakbulk Europe 2020 cancelled
Gebruder in Styria expansion
Qatar adds Cebu to network
New brand identities for CSafe
Maritime cyber attacks surge
E2Open to streamline Etihad compliance processes
Medical supplies fly in on ABC
Emirates SkyCargo's 10,000 cargo flights between April and...

 

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United Cargo

 

Turkish Cargo

 

AA Cargo

 

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Latest News

GAC People
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June 01, 2015: Worldwide April-figures reinforced the trends seen earlier in the year. Worldwide volume increased by 3.3% year-over-year (YoY), slightly lower than the growth in Q1, with the origin Europe (4.1%) and the destination North America (12.6%) as the best performing areas.

Yields continued to drop: measured in USD, they have now lost almost 11% of their early 2014-values. If we exclude surcharges, however, yields in USD increased by 1.4% YoY during the first four months of 2015.

In line with regular seasonal patterns, worldwide volumes in April were almost 6% lower than in March.

The notable exception was the origin Asia Pacific, where volumes remained the same month-over-month (MoM). This can be partly explained by the fact that volumes and yields across the Pacific did not yet return to normalcy, as YoY-figures continued to be far better than the worldwide averages. Yields measured in USD fell by 4% worldwide compared to March, but held their own in the origin North America.

The first four months of the year saw a YoY volume growth of almost 4% worldwide.

ECS 1European carriers as a group lost ground in all origin areas except Asia Pacific, where they grew modestly. The representatives from North America did better than average everywhere but in their home market, whilst Asia Pacific carriers (+7%) and their Middle Eastern counterparts (+9%) continued to outpace their competitors from other parts of the world. The origin Latin America was the only one contracting in volume (-3%). North American carriers showed impressive growth in pharma (+26%), whilst carriers from Africa and the Middle East recorded remarkable growth in perishables (+13%).

Looking at distribution, we find a rather stable picture as well.

Of the world's top-20 forwarders in the first four months of 2014, 19 still claimed that position in 2015. As a group, they lost some ground as they saw their combined share of worldwide revenues diminish from 45.1% tot 44.4% YoY: the elite group's yield suffered slightly more (-12%) than the worldwide yield of the smaller forwarders (-10%). Only 6 of the Top-20 forwarders realized a revenue increase. Not surprisingly, three of these are based in Japan, the best performing of the larger countries in terms of YoY-revenue increase.

Lastly, one other development in the first four months merits attention.

General Sales Agents (above: ECS @ transport logistic in Munich) as a group further strengthened their position in air cargo: more than 20% of worldwide revenues were generated through sales under GSA-agreements. GSA's showed a higher than average volume growth coupled with less yield loss.

In volume growth, GSA-generated sales outperformed other sales in all areas except Africa and Latin America, with the best relative performance seen in Asia Pacific, followed by North America and Middle East & South Asia. The top-GSA's in Europe and North America improved by a higher percentage than their competitors.

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

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