Air cargo industry

Air cargo’s anemic peak season nothing to celebrate

Moderate strengthening of demand since August has buoyed the sagging air cargo market, but the seasonal surge in retail shipments for the holidays appears to be a third the normal level and more industry players are resetting expectations for a real recovery until the fall of 2024, or later.

Market intelligence provider Xeneta said airfreight volumes bumped up 2% in October from September and increased 2% year over year (y/y), but the sequential growth was subpar compared with peak seasons the...

https://www.freightwaves.com/news/air-cargos-anemic-peak-season-nothing-to-celebrate

FreightWaves Classics/Fallen Flags: Airborne Express competed in the air cargo market for over 60 years

An Airborne Express aircraft takes off. (Photo: airborneexpress.net)

Founded in 1946, Airborne Flower Traffic Association was headquartered in California and flew fresh flowers from Hawaii to the U.S. mainland. Undergoing a number of changes over the next 22 years, that company became Airborne Express, an express delivery company and cargo airline. Airborne Express was headquartered in Seattle, Washington, while its hub was located in Wilmington, Ohio. 

Airborne Express Inc. was acquired by DHL in 2003. Prior to being acquired, it grew to become the...

https://www.freightwaves.com/news/freightwaves-classicsfallen-flags-airborne-express-competed-in-the-air-cargo-market-for-over-60-years

Air cargo 2021: The good, the bad and the ugly

A white and green plane loading pallets of cargo through side door.

The air cargo industry has officially recovered from the depths of the pandemic, with volumes in January 1.1% above the 2019 level. The bad news, according to the International Air Transport Association, is that freight capacity lost ground for the first time since April, dropping 5% on a monthly basis, because passenger airlines pulled back on flight activity in response to COVID outbreaks and widespread travel restrictions.

The amount of available airlift for cargo in January was 19.5% less...

https://www.freightwaves.com/news/air-cargo-2021-the-good-the-bad-and-the-ugly

Supply-demand imbalance continues to vex air cargo shippers

A cargo pallet sitting on tarmac next to a big white and blue jumbo jet.

The new year is off to a hot start for the air cargo market with no sign of cooling off. International transport activity typically softens following the holiday peak season, but demand and rates remain elevated because of unusual shipping patterns and a severe shortage of airlift triggered by the coronavirus pandemic.

And logistics companies don’t expect air cargo volumes to subside before the Chinese New Year because manufacturers plan to continue operating without a traditional break. 

The...

https://www.freightwaves.com/news/supply-demand-imbalance-continues-to-vex-air-cargo-shippers

Covid 19 Vaccine Distribution Depends on Supply Chain Players

  • As the air cargo industry gears up for Covid-19 vaccine distribution, there are concerns that the pharma sector is not fully engaging with its supply chain partners.
  • With pharma sector gear up airports must be central to any plans.
  • Competition to carry vaccines is rife – daily press releases announce that another airline is practising, or ready, or has gained qualification to carry vaccines.
  • But how can pharma companies and governments distinguish between them, and sort the marketing spiel...

https://mfame.guru/covid-19-vaccine-distribution-depends-on-supply-chain-players/

Air Cargo Report: More capacity comes on line, but shortage persists

A white Airbus A330 with a blue tail takes off.

Every Sunday our Air Cargo Market Update shines a spotlight on rates and other trends influencing transportation suppliers and buyers.

This week we’re going to focus on new capacity coming into the market, mostly in the form of freighters.

All-cargo operators, including passenger airlines operating cargo-only aircraft, are experiencing record load factors and are expected to be booked solid for the remainder of the year on major trade lanes, with passenger traffic expected to be stunted by the...

https://s29755.pcdn.co/news/air-cargo-report-more-capacity-comes-on-line-but-shortage-persists

Asia airfreight rates are high and climbing higher

Pallets of humanitarian cargo sit outside next to a big plane waiting to be loaded on a sunny day.

After a three-week lull, prices for air exports from China have turned noticeably upward, a trend most international trade professionals expect will continue through the end of the year as the traditional peak shipping season overlaps with high demand for coronavirus medical supplies and major product releases from big tech companies.

Outbound spot rates from China to Europe and the U.S. increased in the last week of August, highlighted by a  10.8% increase in the Shanghai-Europe market and an...

https://s29755.pcdn.co/news/asia-airfreight-rates-are-high-and-climbing-higher

Atlas Air capitalizes on transport shortages for big Q2 profit gain

Atlas Air 747 freighters parked under a dark sky. Atlas Air announced a large Q2 profit.

Atlas Air Worldwide Holdings, Inc. (NASDAQ: AAWW) on Thursday reported that revenues in the second quarter jumped 24.3% from the same period in 2019 to $825.3 million, significantly pushing up adjusted net income as the all-cargo operator cashed in on the extreme demand for pandemic relief supplies and high freight rates.

A significant shortage of global air cargo capacity resulting from airlines withdrawing passenger flights during the coronavirus crisis resulted in higher utilization of Atlas’...

https://s29755.pcdn.co/news/atlas-air-capitalizes-on-transport-shortages-for-big-q2-profit-gain

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