Air freight volumes were up slightly in September according to the IATA, with freight tonne kilometres (FTK) 1.0% higher compared to a year ago. This was a small improvement on August, when volumes were broadly stable year to year, however, ...
Tags: Air Freight, world trade
The IATA reports that air freight volumes were broadly unchanged in August compared to a year ago, with freight tonne kilometres 0.2% higher. The August data shows a pause in earlier declines in air freight volumes, consistent with ...
Tags: Air Freight, air freight volumes
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
IATA reports that air freight volumes were up by a strong 5.8% in July compared to a year ago. This is an acceleration on June, when freight tonne kilometres rose 2.4%, and reflects improving demand conditions in some regions. There was ...
Tags: Air Freight, Service
Worldwide airline share prices fell 2% in July compared to June, but in line with performance of the broader market. Initial Q2 financial results show strong gains for US airlines' performance, but declines in Asia Pacific due to cargo ...
Tags: Service, Airline economy, Air transport
Major freight logistics operators Asciano and Aurizon, along with the Australian Rail Track Corporation (ARTC) and the Australasian Railway Association (ARA), are calling on the Council of Australian Governments (COAG) to commit to ...
Tags: Service, freight logistics, logistics
In late 2013, PACCAR started production of vocational trucks, Kenworth T880 and Peterbilt Model 567. Truck manufacturer PACCAR announced a 16-percent increase in profit in the first quarter of 2014 and predicts higher sales for the ...
Tags: Paccar, Transportation, Auto, Truck
The IATA reports that growth in air freight markets moderated in February, rising 2.9% compared to a year ago, down on the 4.3% increase in January. But combining the first two months of the year shows there has been a solid 3.6% gain in ...
Tags: Air Freight, Service
US for-hire truck tonnage fell 4.3% in January, but you can blame the weather. The American Trucking Associations said its tonnage index was still up 1.2% year-over-year. The softening from December was attributed to winter storms, and ...
Tags: Truck Tonnage
Knight Transportation Inc. said Jan. 29 its fourth-quarter profit increased 13.6% on improved freight demand. Net income rose to $20.1 million, or 25 cents a share, from $17.7 million, or 22 cents, a year earlier. Revenue rose 3.1% to ...
Knight Transportation Inc. has increased its profit forecasts for the fourth quarter of 2013 and the first quarter of 2014, citing better performance than it had previously expected. Knight's fourth-quarter net income will be between 24 ...
Tags: Transportation
With another year coming to a close, we look back with some relief that freight demand showed steady growth despite endless obstacles coming from Washington, D.C. As we detail throughout this issue, most economic indicators remained ...
Tags: freight demand, transportation
Air freight markets stabilised in September, after an extended period of slow increase. Global freight tonne kilometres were up 0.5% in September year-on-year, a slowdown on the 3.4% growth in August, and there was no increase in volumes ...
Tags: Global Market Transport, Service, Transport
Three-quarters of fleets surveyed by the American Trucking Associations (ATA), say they have or will be increasing driver pay packages in the face of a driver shortage. At an ATA Management Conference & Exhibition panel discussion, chief ...
Tags: Transportation, Truck
FTR's Shippers Conditions Index (SCI) was still sitting in negative territory in August, but shipping rates, for the time being, are still being held in check. The Index has been dropping slowly all summer, FTR said, "reflecting the ...
Tags: Transportation, Auto Parts, truck