Aviation
Abu Dhabi launches Middle East's first vaccine distribution hub
Abu Dhabi launches Middle East's first vaccine distribution hub
Chapman Freeborn delivers critical Aircraft parts to Athens in under 24 hours
WorldACD: Asia Pacific to US tonnages fall further
Schiphol names Eduard Molkenboer as head of cargo
PSA Antwerp joins ZEPA to advance cleaner port operations
Lufthansa Cargo joins the Silicon Saxony high-tech network
Delta boosts cargo capacity with new LA-Hong Kong service
Chapman Freeborn moves outsized cargo from Malaysia to PIK
Hong Kong International Airport posts 10.3% cargo growth in FY 2025
Emirates Courier Express expands to Australia
deugro delivers 15,500 metric tons of subsea cables to Abu Dhabi
dnata rolls out autonomous vehicles in Dubai airport operations
WFS opens ecommerce, freight forwarder handling facility in Copenhagen
Lufthansa Cargo plans VR training for aircraft loading supervisors
International shipping groups condemn Red Sea attacks
Frankfurt Airport cargo volume slips in June
DSV opens Singapore's first "positive energy" logistics facility
Amazon Air Cargo, Air Premia partner to boost cargo network
Ethiopian boosts cargo capacity with new service to Hanoi, Vietnam
4RCargo taps Roman Taborsky to lead Austrian air freight operations
NWSA launches incentive for zero emission drayage
US sets new tariff rates on 14 countries as it moved deadline to August 1
ECS Group subsidiary secures GSSA contract with Thai Airways
Asia Pacific airlines record double-digit cargo demand growth in 2024
Cathay opens a new IT office in Qianhai, Shenzhen
DHL names Markus Voss as new CEO DHL Freight
IMO calls for constructive dialogue as attacks on the Red Sea resumes
Malaysia Aviation Group acquires 20 more aircraft to support long-term growth
ACI World confirms 20 busiest air cargo hub in 2024 with Hong Kong on top
Davies Turner, Manitoulin partner on Canada ocean freight
Global Logistics Network, CargoAi partner to launch payment solution
DP World launches new container management system in Brisbane
U-Freight sees continued rise in Philippine shipments
Transport Logistic Southeast Asia, Air Cargo Southeast Asia accelerates the region’s logistics resilience, sustainability and digitalization
Munich Airport sees 7.6% uptick in first-half air cargo volume
Air cargo capacity overtook demand for the first time in 19 months
Emirates SkyCargo signs service quality deal with Kuehne+Nagel
Geodis completes transport, float-off of three wind foundations
Oman Air Cargo appoints Swissport as its new ground handler in Schiphol
Frankfurt Airport poised to become global pharma hub
Emirates boosts cargo capacity in China with new Shenzhen service
ONE opens office in Greece
Freightos: Transpacific rates slide on early end to peak surge
Hellmann opens new contract logistics center in the Melbourne
MOL completes the acquisition of LBC Tank Terminals
Ethiopian expands Asia cargo network with new Urumqi service in China
Cathay Cargo transports terracotta figures, other artifacts from Xi’an to Perth
S&P: Israel-Iran conflict could lead to sharp shock in global growth
Middle East, South Asia tonnages partially rebound
Ship recycling could double to 16,000 ships over the next 10 years
DHL Global Forwarding inaugurates new Frankfurt air freight hub
IATA: Air cargo demand up 2.2% despite trade disruptions
Saudia Cargo, China Cargo Airlines ink deal to boost Asia-Europe air freight
Oman Air joins oneworld alliance
Air Hong Kong now operating all-A330 Freighter fleet
Air One moves 12-meter cargo from Liège to Abu Dhabi
IATA launches SAF matchmaking platform
APAC Logistics occupiers focus on expansion amid global trade uncertainty
Hong Kong takes center stage at TIACA 2025 Summit
Hong Kong Convention enters into force marking new era in ship recycling
FedEx retires 12 aircraft amid choppy demand
Atlas Air expands cargo facility at Miami International Airport
Asia Pacific air cargo volumes rise again on continued frontloading
Emirates SkyCargo warns of fuel-linked payload concern amid Mideast tension
Qatar Airways reinstates flights as Qatar airspace reopens
Saudia Cargo, TAM Group launch ‘Saudia Cargo Global’ from new Hong Kong hub
Rhenus expands in Southeast Asia with new Singapore air freight gateway
Cathay Pacific maintains double-digit cargo growth in May
Air Charter Service makes top management changes
South Carolina Ports reports stable cargo volumes despite uncertainty
Saudia Cargo inks global partnerships to expand reach
Frankfurt Airport cargo volume bounces back in May
Qantas Freight expands freighter operation in China
JD Logistics debuts in Saudi Arabia
Hong Kong maintains 3% export growth forecast despite tariffs
First ITA Airways flights with Lufthansa Cargo shipments arrive in Rome
MNG Airlines to order two Airbus A350F Freighters
DHL: Early peak season driven by tariff and capacity fluidity
Port of Long Beach sees cargo decline for May
Freightos: Iran-Israel conflict not impacting freight yet
WFS earns Cargo iQ Quality Certification across EMEA, Asia
AviLease orders 10 Airbus A350F freighters
Kale Logistics launches Maritime Single Window in Brunei
WorldACD: Air cargo rides uncertainty as demand grows 6% in May
WFS extends cargo handling, trucking contract with Oman Air in France
FedEx spots freight opportunities for expanded cargo plane operations
Saudia Cargo eyes fleet, network, digital upgrades in bid for Top 10 status
Malaysia sets sights on becoming a key regional cargo hub
Hong Kong sees modest air cargo growth despite trade uncertainty
WorldACD: Worldwide tonnages rebounded 4% in May after April decline
Etihad Cargo, Ezhou Huahu Airport partner to expand Asia-Pacific connectivity
Lödige Industries in Asia expands presence with new South Korea branch office
FedEx boosts APAC healthcare capabilities with CEIV pharma certification
Kuehne+Nagel, SATS launch expedited aircraft parts delivery in Singapore
Qatar Airways Cargo, IAG Cargo, MASkargo to launch global cargo partnership
Etihad Cargo introduces SmartTrack, expanding real-time shipment monitoring
Airline profitability to strengthen slightly in 2025 despite headwinds – IATA
Air China Cargo to set-up its UK cargo hub at Glasgow Prestwick Airport
Emirates SkyCargo boosts East-West connectivity with new connections
cargo.one integrates digital air freight booking with Descartes' system
WorldACD: Global air cargo market stable, while China-US lane recovers
Mersin International Port completes first phase of East Med Hub 2 terminal
Cathay Pacific, Sinopec join forces in a SAF initiative
WR Logistics appoints Massimo Naldini as CEO for Italy
Chengdu-Shenzhen-Hong Kong rail-sea corridor launched
China Airlines joins digital booking platform Freightos
ONE advances green strategy with ship recycling policy, SRTI membership
IATA: Air cargo demand up 5.8% in April
Port of Houston records double-digit container growth
Hactl advances phase two of smart cargo thermal detection
Frontloading boosts cargo volume for airlines in the Asia Pacific
Kuehne+Nagel appoints new global head of sales
Frankfurt Cargo Services expands e-commerce handling facility by 300%
Port of NY/NJ reports continued cargo growth in April
CEVA Logistics links Far East, Latin America with car carrier fleet
Kuehne+Nagel, Natilus team up on blended-wing cargo planes
APAC, Middle East records double-digit growth in air connectivity — ACI World
Transpacific ocean volumes surge during tariff pause
Qatar Airways Cargo reports record year
Lufthansa Cargo uses AI to process booking requests faster
IATA appoints Sheldon Hee as regional vice president for Asia-Pacific
Pacific Carriers, Singapore Maritime Foundation boost maritime workforce
DHL Group partners with Shopify to accelerate global cross-border shipping
WestJet Cargo expands capacity to Japan with daily Dreamliner service
WorldACD: Asia Pacific and worldwide tonnages rebound
Hasenkamp announces first art storage facility of its kind in Saudi Arabia
Swissport, Aurrigo launch first global pilot of autonomous ground handling
FedEx Global Healthcare earns IATA CEIV Pharma Certification
Kuehne+Nagel acquires Spanish road logistics provider TDN
Sudden transpacific capacity shortage amid US-China tariff pause
Lufthansa Cargo expands temperature-controlled logistics with new features
San Pedro Bay Ports open bidding for short line rail services
Neste starts to supply SAF to FedEx at LAX
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Cathay Cargo sees year-on-year growth, but monthly slowdown amid tariff uncertainty
Qatar Airways Cargo records strongest financial results since pandemic
Port of Antwerp-Bruges launches Europe’s first electric tugboat
Lufthansa Cargo to market ITA Airways capacity, adds Rome as fifth hub
HSBC: China-US tariffs pause would drive an early peak season
Lufthansa Cargo announces executive board reshuffle
China Southern Airlines’ first scheduled freighter lands at Glasgow Prestwick
Hong Kong air cargo volume rises year over year in April, slips from March
Mobull unveils new art warehouse in Brussels
Air Charter Service: Current market the most uncertain since Covid-19
SATS to invest over US$192M to enhance Changi Airport operations
Vienna Airport records cargo increase in Q1
Kuehne+Nagel unveils air freight sustainability initiative
APEC lowers 2025 growth forecast to 2.6%, urges trade policy stability
U.S. slashes ‘de minimis’ tariff on small China parcels to 30%
TIACA names Roos Bakker as first woman chair
Airforwarders Association calls for freeze on tariffs, not trade
Frankfurt-Hahn Airport partners with Somon Air to boost freight traffic
Fednav’s Paul Pathy elected BIMCO president
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Frankfurt Airport cargo volume declines in April
Emirates Group confident in growth amid market volatility
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Etihad Cargo reshapes regional structure to drive network expansion
Cargo iQ adds SAL, Saudi Arabia's largest logistics provider
allivate digitalizes import shipment pick-up at Frankfurt Airport
U-Freight earns HKAEO accreditation for high security standards
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Maastricht Aachen Airport makes new cargo appointment
US-China tariff pause offers temporary relief, could fuel another frontloading rush
Turkish Cargo signs long-term Partnership with Atlas Air for 747F flights
Qatar Airways Cargo expands Australian export capacity through Virgin Australia
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Finnair Cargo joins Smart Freight Centre
Global schedule reliability records two consecutive month-on-month increases
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China Airlines orders four Boeing 777-8 Freighters to expand cargo fleet
Qatar Airways Cargo launches campaign highlighting global trade role
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IMO enforces stricter air pollution limits for ships in the Mediterranean
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India shuts airspace to Pakistan airlines amid rising tensions
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U-Freight sees continued global ecommerce growth despite current risks
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ANA first airline to adopt fuel-saving riblet technology on Boeing 777
CEVA Logistics signs deal to acquire Borusan Tedarik, expand in Turkey
Cargolux posts strong 2024 results, cautions on global market impact
Airports in APAC, Middle East to see US$240B investment in infrastructure expansion
Swissport expands to 13 Saudi airports
WFS, Cathay Cargo ink new cargo handling contracts for Portland, Dallas Fort Worth airports
Air cargo rates from Asia Pacific fall further amid market uncertainty
CMA CGM becomes majority shareholder with 51% stake in Santos Brasil
KLN opens new Netherlands logistics facility to meet e-commerce demand
Cathay expects softening China-US cargo demand amid trade tensions
IATA: AIR CARGO DEMAND UP IN OCTOBER BUT CAPACITY CONSTRAINTS REMAIN
December 1, 2021
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The International Air Transport Association (IATA) released October 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that the capacity constraints, although still persistent, have eased slightly.  

 

In a statement, it said global demand, measured in cargo tonne-kilometers (CTKs), was up 9.4% compared to October 2019 (10.4% for international operations), before the onset of Covid-19.

 

IATA also noted that "capacity constraints have eased slightly" but remain 7.2% below pre-COVID-19 levels (October 2019) (-8.0% for international operations). 

 

"Economic conditions continue to support air cargo growth but are slightly weaker than in the previous months," it added, noting several factors driving this including supply chain disruptions and the resulting delivery delays prompting shippers to switch to air transport; as well as the cost-competitiveness of air cargo relative to that of container shipping, which it said "remains favorable."

 

It added that relevant components of the October PMIs (new export orders and manufacturing output) have been in a gradual slowdown since May but remain in favorable territory and that the inventory-to-sales ratio remains low ahead of the peak year-end retail events such as Christmas — which is positive for air cargo as "manufacturers turn to air cargo to rapidly meet demand."

 

"October data reflected an overall positive outlook for air cargo. Supply chain congestion continued to push manufacturers towards the speed of air cargo. Demand was up 9.4% in October compared to pre-crisis levels. And capacity constraints were slowly resolving as more passenger travel meant more belly capacity for air cargo," said Willie Walsh, IATA's  Director General. 

 

Reaction to Omicron variant "a concern"

 

"The impact of government reactions to the Omicron variant is a concern. If it dampens travel demand, capacity issues will become more acute," he added.

 

"After almost two years of COVID-19, governments have the experience and tools to make better data-driven decisions than the mostly knee-jerk reactions to restrict travel that we have seen to date. Restrictions will not stop the spread of Omicron. Along with urgently reversing these policy mistakes, the focus of governments should be squarely on ensuring the integrity of supply chains and increasing the distribution of vaccines," Walsh further said.

 Self Photos / Files - Screen Shot 2021-12-02 at 3.42.09 PM

 

Regional performance

 

For October, IATA said Asia-Pacific airlines saw their international air cargo volumes increase 7.9% compared to the same month in 2019 — "close to a doubling in growth" compared to the previous month's 4% expansion.

 

"The improvement was partly driven by increased capacity on Europe-Asia routes as several important passenger routes reopened," IATA said.

 

North American carriers posted an 18.8% increase in international cargo volumes also for the same period which was "on par" with September's performance (18.9%).

 

IATA said demand for faster shipping times and strong US retail sales are underpinning the North American performance. 

 

European carriers, meanwhile, saw an 8.6% increase in international cargo volumes, an improvement compared to the previous month (5.8%) driven by manufacturing activity, orders and long supplier delivery times which IATA said "remain favorable to air cargo demand."

 

IATA said Middle Eastern carriers experienced a 9.4% rise in international cargo volumes during the period compared to the same month in 2019.

 

This shows a "significant drop in performance" compared to the previous month (18.4%), which IATA said was "due to a deterioration in traffic on several key routes such as Middle East-Asia, and Middle East-North America."

 

Latin American carriers reported a decline of 6.6% in international cargo, which IATA noted was "the weakest performance of all regions" but an improvement compared to the previous month (a 17% fall).

 

African airlines, on the other hand, saw international cargo volumes increase by 26.7% in October, a deterioration from the previous month (35%) but still the largest increase of all regions.

 

IATA said international capacity was 9.4% higher than pre-crisis levels, the only region in positive territory, albeit on small volumes.