Industry News

AIR FREIGHT UPDATES Role reversal: Passenger airlines make more from cargo sales in Q2 freightwaves.com Add Air Canada (TO: AC) and IAG Group (LSE: IAG), parent of British Airways, to the list of passenger airlines that significantly increased cargo revenues in the second quarter even as the coronavirus crisis otherwise...

AIR FREIGHT UPDATES Pressure on air cargo rates from China keeps increasing freightwaves.com Outbound airfreight rates from China continued to rise for the fifth consecutive week, with pricing the strongest out of Shanghai as shipments increased for electronics, e-commerce orders, and hospital gear. Read more here. Payment...

AIR FREIGHT UPDATES Air cargo continues ‘gradual but consistent recovery' lloydsloadinglist.com Global air cargo volumes continued to show a ‘gradual but consistent’ month-on-month recovery in July, increasing by 8% over June, according to the latest air cargo market analysis by CLIVE Data Services. The growth in chargeable...

AIR FREIGHT UPDATES Air cargo demand continues its gradual recovery aircargonews.net The latest figures from CLIVE Data Services show that air cargo volumes continued to climb in July, while load factors for the month remained ahead of last year’s levels. Airfreight volumes were 20% down on a year ago in July, but this is an improvement...

AIR FREIGHT UPDATES Can e-commerce deliver for airlines? aircargonews.net With widespread gloom in the industry about the pace of passenger traffic’s return this year, the cargo market will remain a bright spot for airlines well into 2021, as growth in e-commerce displaces shipments of personal protective equipment as a major...