Tag: trade war

Trade war shakes-up coming cherry season for forwarders

The yearly cherry season is always a big “event” in Washington State (USA) and British Columbia (Canada). Many agents (freight forwarders) and basically all airlines look forward to this short-lived period of the year, where demand exceeds supply and flights are filled to the rim. Underload ...

Liege Airport achieves new record with goods transported in 2019

Liege Airport continues to develop, with a new record of 902.480 tonnes (+3.6%) of transported goods compared with 870.644 tonnes in 2018. The activity of the air cargo sector slowed globally in 2019. Brexit and the trade war between China and the United States considerably influenced world ...

Hong Kong Airport exporters to benefit from cargo concessions

Hong Kong is offering cargo exporters discounts to help boost trade and business at Hong Kong International Airport (HKIA), as freight shipments take a hit from the current long-running US-China trade war. "HKIA’s competitiveness and its global status as the leading air cargo hub, Airport Aut...

US-China Trade War Weighs Heavily on Air Cargo

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.9% in August 2019, compared to the same period in 2018. This marks the tenth consecutive month of year-on-year decline in...

Air cargo tumbles dramatically in August

The month of August has been a troubled one as air cargo has fallen dramatically, reports WorldACD On a year-to-date basis between January and August, air cargo was almost down almost 5% and yields by 7.1% for general cargo. Total chargeable weight was down 7.1% year-on-year in August and yie...

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