Airlines in Asia-Pacific and the Middle East suffered sharp declines in year-on-year growth in total air freight
volumes in July 2019 while North America and Europe experienced more moderate declines.
A new air freight
route was launched linking Kunming City, capital of southwest China's Yunnan Province, and Karachi, a port city of southern Pakistan, according to Kunming Changshui International Airport.
The [air] market is soft now," air freight
expert Andrew Coldrey, vice president Oceania at C.H.
The global air freight
markets showing that demand, measured in freight tonne kilometres (FTKs), decreased by 3.4 per cent in May 2019, compared to the same period in 2018.
HONG KONG, June 18, 2019 - (ACN Newswire) - Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) proudly continued its winning streak at the 2019 Asian Freight, Logistics and Supply Chain Awards ('AFLAS') by receiving the titles of Best 3PL for the fourth year running and the Best Logistics Service Provider - Air Freight
for the fourth time.
Rates for air freight
have been rising in recent years as retailers meet growing demand from online shopping.
The report showed that demand within the UAE's air freight
market increased at an annual compound rate of 8.6 per cent between 2012 and 2016.
The new air freight
product offers forwarding customers a solution for emergency shipments.
To better manage labor costs, Eagle Air Freight
does all of its maintenance work in-house.
This is heavily skewed due to the impact of the US port strikes in early 2015 (which caused a spike in air freight
) and Lunar New Year falling in February this year.
The Iata said air freight
plays a critical role in global trade, transporting some 35 per cent of goods traded internationally.