Archive for August 2020 - page 2

AIR FREIGHT UPDATES Hong Kong air cargo down 7.3% in July lloydsloadinglist.com Hong Kong International Airport (HKIA) handled 372,000 tonnes of cargo traffic last month, down 7.3% on July last year. “Cargo throughput to and from Southeast Asia, Mainland China […]

OCEAN FREIGHT UPDATES Ottawa won’t intervene to end strike at Port of Montreal, says labour minister globalnews.ca Canada’s labour minister has rejected requests to intervene in a strike launched Monday by Port of Montreal workers. “We have faith in the […]

AIR FREIGHT UPDATES Air Canada cargo revenues stronger than passenger for the first time aircargonews.net Air Canada’s cargo revenues have exceeded passenger revenues for the first time, the carrier said in its second quarter results, which were released on July […]

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 […]

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, […]

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 […]

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 […]

AIR FREIGHT UPDATES Fears air freight rates may soar even higher as tech launches loom theloadstasr.com Air freight rates could see further increases as forwarders report an up-to-four-week wait for ocean freight bookings from China to Europe. While transpacific ocean […]

AIR FREIGHT UPDATES Air Canada To Begin Los Angeles A220 Service From September simpleflying.com In March, we reported that Air Canada was going to be launching Airbus A220 service between Montreal and Los Angeles. The service was supposed to commence […]