Air Cargo News
News, analysis, features, interviews and data covering the air cargo, freight and supply chain industries
Top 25 cargo airlines: Freighter operators to the fore
FedEx, UPS and Qatar were last year the largest air cargo carriers once again, but there were major winners and losers in the overall top 25 airlines as the Covid pandemic took its toll on the market (see full at end of article).
Xeneta: Market maturity harnesses air cargo rates - Air Cargo News
Looking at trade lanes, Europe to North America saw the largest month-on-month volume increase of 11%. The return leg also saw a 10% month-on-month increase as shippers and forwarders took precautionary measures to lessen the impact of the three-day strike by dockworkers at US East Coast and Gulf Coast ports.
Air cargo capacity set to come under pressure in 2025
He pointed out that belly capacity growth is slowing down, there are delays to aircraft production and the high demand being experienced on the passenger side of the market was affecting the amount of feedstock that is available to be converted into cargo aircraft.
Top 25 air forwarders: K+N keeps the lead in a tough year for ...
Kuehne+Nagel (K+N) maintained its position as the world’s leading airfreight forwarder in 2023 ahead of DHL Global Forwarding despite overall market volumes coming under pressure (full chart at end of article).
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Top 25 air cargo carriers: Cargo airlines tackle tough times
How did other airlines fare? Lessor specialist Atlas Air achieved a 2.8% increase in volumes. The airline said it took delivery of four new 747-8Fs and the first of four 777Fs, all of which are operating for customers under long-term agreements.
China Airlines and Frankfurt Cargo Services extend partnership
The new contract commences this month. It also further extends China Airlines’ partnership with WFS, which provides cargo handling for the airline in Belgium, Denmark, France, Germany, Ireland, Spain, and the UK, as well as in India, Thailand, and North America.
Transatlantic air cargo rates increase as passenger airlines reduce ...
While rates out of Asia have been flatter than expected in recent weeks, prices on the transatlantic trade lane have taken off as passenger airlines have been reducing belly capacity in line with the quieter winter season and Guarulhos International Airport (GRU) has been hit with congestion.. According to WorldACD, westbound spot prices from Europe to the US have increased by 16% and 17% over ...
Cargo soars at Singapore - Air Cargo News
Changi Airport Group executive vice president for air hub and cargo development, Lim Ching Kiat, said that the airport had partnered closely with Chinese carriers to add new routes to Jieyang Chaoshan, Linyi, Quanzhou and Taiyuan, along with increased flights to key cities including Shanghai, Beijing and Chongqing.