Air Freight News

Below are links to stories relating to air freight

 

IATA figures for May show a fall in global air freight of – 4% compared to May 2010

IATA says freight traffic showed a drop of - 4% against the post-recession peak of the re-stocking cycle in May 2010. However, recent months show a renewed upward trend with freight volumes 2% higher than the start of the year.  Since the start of 2011, freight volumes have increased by +2.0% - rather than the +5.5% IATA forecast for 2011. European and North American carriers had falls of - 2.2% and -1.4% respectively, and Asia-Pacific down - 9.2%

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Boeing predicts 33,500 new passenger planes and freighters over the next 20 years

Air cargo demand will grow more than 5% annually over the next 20 years, Boeing claims.  It has increased its forecast for the global aircraft market over the next 20 years by 8%, and now expects demand for 33,500 passenger planes and freighters. It predicts a US$4 trillion market between 2011 and 2030. Boeing predicts a 4.2% increase in airline passengers, a 5.1% increase in airline traffic and a 5.6% average rise in cargo traffic every year.

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UPS air cargo security not up to scratch, says DfT, including freight on passenger planes

The DfT has banned UPS from scanning cargo at certain unspecified facilities because the company has not met security requirements.  The DfT said  “The safety of the travelling public is paramount and our security regime is kept under constant review.  “Following careful consideration, the department has restricted the number of sites in the UK at which UPS is permitted to screen air cargo until it has satisfied current security requirements."

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FedEx is the world’s busiest cargo airline carrying 15,743 million tonnes in 2010

FedEx, based in Memphis, is the world's busiest cargo airline - but Asian carriers top the poll when it comes to international volumes.  FedEx handled more than 50% more cargo than its closest rival, UPS Airlines - 15,743 million tonnes compared to 10,194 tonnes. Slightly more than half its volume was international, and the rest domestic. In 3rd place went to Hong-Kong headquartered Cathay Pacific, and the busiest European cargo airline was Lufthansa. 

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Global air freight: Fuel price a dampener on airline bottom lines this year, but 5.5% growth expected

Air cargo handlers believe the increasing fuel price will make airlines' cargo business unprofitable this year. A majority of those polled by IFW believe 2011 will be a difficult year for air cargo. For each dollar increase in the average oil price, airlines face an additional $1.6 billion in costs. IATA expects the average oil price for 2011 to be $110 per barrel. IATA expects global air freight to grow b y 5.5% this year, down from an earlier forecast of 6.1%.

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Freight customers shift to train travel

High fuel prices for trucks, growing road congestion and increasing environmental concerns are gradually pushing some of the UK’s highest-profile freight customers to shift traffic on to trains.  It has been encouraged by the completion of two projects to allow the latest, larger shipping containers to travel more easily by train. By contrast, each year some 86,000 tonnes of freight are transported within the UK (2010) - and this is a very fuel-inefficient means of transport.

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East Midlands Airport had 2nd busiest year for air cargo – after 2007

In 2010 EMA had its 2nd highest year ever for air cargo, saying its cargo department handled over 300,000 tonnes of freight last year.  The airport hopes that "as the UK comes out of recession, the air freight sector will play an increasingly important role in supporting UK businesses engaged in high-value sectors of the economy.  Already almost 40% of UK trade with non-EU countries by value is transported by air."

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12 die as mercy flight freighter crashes just after take off in Karachi

A Russia-built freighter crashed in Karachi in the early hours of  the morning killing at least 12 people.  
The Ilyushin Il-76    was carrying 31 tonnes of relief aid to Khartoum in Sudan.   The plane caught fire immediately after take off from Karachi’s Jinnah International Airport. It crashed minutes later  into a residential construction site, exploding into a fire ball, killing all  8 crew and at least  4 people on the ground and injuring  a few more.  
(IFW)

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IATA says global air freight demand rose 14.4% in October; freight is 1% above early 2008 levels

In October, compared to a year before, international freight was up + 14.4%.   Freight appears to be at a turning point. In October  global cargo capacity expansion of + 9.2% was well below the demand increase of +24%. Global freight is +1% above its previous peak level in early 2008.    European airlines recorded a +12.1% year-on-year demand increase in October, though their traffic remains 12% below pre-recession levels of early 2008.

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Airships and air cargo ? They may have a low carbon transport future

There are a number of companies in the US, and at least one in Germany, that are engaged in the design and development of the next generation of airships. A few are  developing heavylift vehicles – of course, "heavylift" is only thinking in kilos rather than tonnes.   Heavylift is not an easy problem to resolve in lighter-than-air ships. To achieve any meaningful lift capacity, the size of the vehicle has to be impracticably large.

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