We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2022
    • Upload Your Video
Home » Global airfreight industry muddles through another tough month in September
newsworthy

Global airfreight industry muddles through another tough month in September

November 5, 2012
DC Velocity Staff
No Comments

The international airfreight industry continued its sluggish ways in September, according to data released Friday by the International Air Transport Association (IATA).

The trade association, which represents most of the world's airlines, reported a 0.6-percent decline in airfreight volumes over August and only a 0.6-percent increase year-over-year.

The decline in volume from August to September is more indicative of the current state of the airfreight market than are the year-over-year figures, IATA said. The drop offsets the small gains reported for August. It also shows that the volume stability evident earlier in the year has eroded away as cautious business have cut back on premium-priced shipping services like air freight due to a range of economic and political concerns.

One bright spot could be high-tech, which relies heavily on air feight. The Sept. 21 rollout of Apple Inc.'s iPhone 5 could boost fourth-quarter volumes, as could other high-tech products hitting the market for the holidays, IATA said.

Airlines in the Asia-Pacific region, the source of most of the global air cargo industry's future growth, reported a 1.6-percent decline in traffic over September 2011, IATA said. While that was an improvement over the 5.3-percent year-over-year drop in August, it still shows little progress from year-ago levels.

North American airlines reported a 1.1-percent year-over-year drop in traffic, while European carriers posted a 0.4-percent decline. Asian and North American airlines reduced their cargo-carrying capacity year-over-year, though European airlines increased their capacity, on average, by 1.2 percent.

Latin American airlines, possibly expecting a rise in demand to support booming growth in several of the region's economies, increased cargo capacity by 9 percent year-over-year. However, traffic in September fell by 1.6 percent, IATA said.

Across all regions, which also include the Middle East and Africa, cargo capacity and demand were essentially balanced year-over-year, IATA said.

Transportation Air Global Logistics
  • Related Articles

    Airfreight continues multi-month roll in May with global double-digit growth

    Airfreight growth rises 2 percent in September

    IATA sees 2021 as “another tough year” for air cargo sector

Recent Articles by DC Velocity Staff

The Rainmakers

BrightDrop delivers 150 electric parcel vans to FedEx network

Logility acquires supply chain modeling firm Starboard Solutions Corp.

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Private equity firm acquires packaging provider Coregistics in e-commerce bet

  • Packaging industry reprioritizes amid inflation, supply chain disruption

  • Cisco tops Gartner supply chain ranking for third straight year

  • Warehousing's perfect storm

  • Raymond Corp. marks 100th anniversary

Now Playing on DCV-TV

E3f9e6d5 8bd4 40ca 8c7f 43aa63ea3fc9

Lessons from CSCMP’s Annual Report Card for Shippers and Carriers

DCV-TV 4: Viewer Contributed
Recently, the Council of Supply Chain Management Professionals (CSCMP) released their 33rd Annual State of Logistics Report which is created by AT Kearny. I've viewed this as basically a "Report Card" for shippers and carriers since it offers a comprehensive view of what they both have dealt with in the past year,...

FEATURED WHITE PAPERS

  • Breaking Bad: Conducting Full Truckload RFPs in the Age of Digital Freight Procurement

  • Fueling Sustainability for Manufacturers: Strategies to Increase Fuel Efficiency and Reduce Your Carbon Footprint

  • Guide to Proven Warehouse Solutions

  • Five common misconceptions about running a private fleet

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing