enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

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

translate arrow

search image top2

freightHub2020 BannerSMALL

 

freightHub2020 BannerSMALL

 

Emirates' cabin use keeps cargo moving
In the wake of the Covid-19 pandemic, countries ar...

Read more

LATAM continues to deliver essential goods
LATAM Cargo Brazil maintains its cargo operation a...

Read more

Emirates: five years direct to Columbus
Emirates SkyCargo has completed five years of carg...

Read more

XPO keeping supply chains flowing
Throughout the COVID crisis, XPO has been working ...

Read more

More fruit coming in through Rotterdam
Twice as many reefer ships with conventional cargo...

Read more

Swiss: we'll continue to cover global destinations
Swiss WorldCargo will continue to fly to different...

Read more

PayCargo launches corona credit facility
PayCargo Capital, a sister company of online payme...

Read more

Cargo demand driving return of Delta PAX service
Demand for air cargo is driving the return of Delt...

Read more

FedEx releases citizenship report
FedEx has released its 2020 Global Citizenship Rep...

Read more

Emirates' cabin use keeps cargo moving
LATAM continues to deliver essential goods
Emirates: five years direct to Columbus
XPO keeping supply chains flowing
More fruit coming in through Rotterdam
Swiss: we'll continue to cover global destinations
PayCargo launches corona credit facility
Cargo demand driving return of Delta PAX service...
FedEx releases citizenship report

 

 

United Cargo

 

Swiss World Cargo

 

Turkish Cargo

 

 

AA Cargo

 

PLA

 

Latest News

PO FERRYMASTERS 45 PW CONTAINER
05 Jun, 2020

P&O Ferrymasters launches revamped site

in News
P&O FERRYMASTERS today launches a redesigned and revamped website to help its customers…
DSV Road
05 Jun, 2020

DSV Panalpina ups GHG efforts

in News
DSV Panalpina is now specifying how much and how quickly it needs to reduce greenhouse…
May was less bad than April copy
04 Jun, 2020

May up but signs not promising

in News
Global industry data for May supports the continued small recovery of air cargo volumes…
Viking Line
04 Jun, 2020

Viking Line to up cargo capacity

in News
Cargo capacity on Finnish sea routes will increase significantly when M/S Viking Glory…
TAPA says all modes of transport face the growing risk of cargo thefts copy
04 Jun, 2020

TAPA fears cargo theft spike

in News
Manufacturers and logistics service providers must be prepared to protect their supply…
etihad cargo B777F
03 Jun, 2020

Etihad expands health and hygiene programme

in News
Etihad Airways has launched ‘Etihad Wellness’, an expanded and more comprehensive health…
Virgin Atlantic A330 300
03 Jun, 2020

Virgin ups cargo-only service by 35pc

in News
Virgin Atlantic will increase its cargo-only flights by 35% to nearly 600 in June with…
savannah port handling
02 Jun, 2020

Four dredges simultaneously working on Savannah deepening

in News
The deepening of the Savannah harbor has set a new precedent with four dredges working…
AIPUT
02 Jun, 2020

AIPUT secures K+N lease extension

in News
Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has…

AMSTERDAM: August 01, 2018. Airfreight analyst WorldACD says its June air cargo data is the first month in two years “without serious growth”. And with Trump threatening a global trade meltdown there are no clear signs as to what will happen for the rest of 2018:

“The worldwide air cargo yield stood at a level of US$1.90 in June, almost equal to our (updated) figure for May 2018 but still 13 percent higher than in June 2017. Measured in € the yield increased by 2.0 percent month-over-month (MoM), whilst the year-over-year (YoY) increase was 9.0 percent.

“It had to happen one day, or rather one month: No year-over-year (YoY) growth to speak of. June 2018 was that month: For the first time in two years, air cargo's worldwide volume growth stagnated as the YoY increase for the month was a mere 0.4 percent. Admittedly, the first half of 2018 brought an overall YoY growth of 3.7 percent, but this year-to-date growth percentage has slowly but surely decreased for a number of months now.

“Judging by the very diverse stories appearing in the trade press over the past weeks, our industry is clearly divided when it comes to the prospects for the second half of 2018. On the one hand, we read optimistic prognoses from some of the big forwarders, based mainly on what they see as a continuing capacity squeeze. On the other hand, people get worried about the (future) negative effects of the trade policies - real or only tweeted - of the unpredictable man in the White House.

"Results for the early summer month of June may not be the best leading indicator for the rest of the year. Nonetheless, it is noteworthy that business from Asia Pacific to the other regions did not improve vis-a-vis June 2017 [at] -0.1 percent YoY.

“Air cargo from the origins Africa, Europe and the Middle East also contracted YoY (MESA by almost 4.0 percent). The Americas, however, again bucked the worldwide trend: the USA enjoys high economic growth, while South America has been in 'catching up' mode for a number of months already. The worldwide yield continued to be much higher than a year ago.

“What to make of these developments in the light of the uncertain times we live in? Should they be seen as a harbinger of times to come? Let us take a look at the June-figures for the markets most 'threatened' by the trade measures announced by Donald Trump.

“Exports by air from China to the USA dipped considerably in June. Although this market had been sub-par for the full first half year of 2018 already (-2.9 percent YoY), the June figure of -5.9 percent YoY could be indicative of a worsening climate between the two economic powerhouses.

"By the way, China to Europe was also negative in June (-2.9 percent YoY), but US to Europe showed growth of 3.7 percent YoY, well above the worldwide average, albeit much lower than in the earlier months of 2018 when it topped 8.0 percent.

"With a YoY growth of 3.0 percent, USA exports by air to China grew more than the overall air cargo ex-USA...

"Who is to tell what results will be reported for July onwards, when the first tariff increases may start to bite? To us, the world of air cargo looks fairly uncertain at the moment. For once, to predict the future it may be just as helpful to read the tea leaves (as well as tweets?) or to gaze into a crystal ball."

June 2018 WorldACD Air Cargo Market Data

OUTNOW

Corporate News

freightHub2020 BannerSMALL

digital-magtwitter-fw1utube-fw2loinked-fw3

- powered by Quickchilli.com -