• Skip to main content
  • Skip to primary sidebar

Ad – Bottom Content

Payload Asia

Good news, bad news

Payload Asia

  • Home
  • Latest News
  • Channels 
    • Carriers
    • Aircraft Manufacturers
    • Airports
    • Courier & Mail
    • Freight Forwarders
    • Express
    • Ground Handling & Cargo Terminals
    • Logistics
  • 12th Payload Asia Awards
    • About
    • Categories
    • 11th Payload Asia Awards
    • 10th Payload Asia Awards
    • 9th Payload Asia Awards
    • Awards Gallery
  • Subscribe
  • Advertise
  • More 
    • Event Calendar
    • Directory
    • Contact Us
Share

Leaderboard

Good news, bad news

November 10, 2014 by PLA Editor

More good news on the air cargo statistics front. Global air freight markets exhibited a third consecutive month of signifi cant demand growth in September as collective volumes rose 5.2 per cent year-on-year, according to IATA’s air freight market analysis. In particular the modest but encouraging comeback of Asia-Pacifi c and North American air freight markets appears to be signaling an accelerating air cargo demand.

Th e only downside is the 1.6 per cent year-on-year drop in European carriers’ air freight traffi c which represents a signifi cant 25.8 per cent of the overall market share. A number of key factors – from general uncertainty in the European economy, pilot strikes to the downward economic and trade pressure as a result of the ongoing Ukraine-Russia confl ict – all threaten to continue curtailing cargo growth going forward.

Overall the air cargo market recovery is probably a healthier version than what the industry experienced in 2010 when the market pretty much burst lose like a bull at rodeo. Slower more measured growth allows the industry to approach it with a more measured, circumspect approach. But while most of the industry – save quite a number of European carriers – are quietly, cautiously lauding the evolving market recovery, it is still quite unclear where exactly the market is going.

A recent cargo executive commented that he had just completed his budget for next year and his board of directors was asking for a view on 2016. “I don’t even know where the market will be next year, let alone 2016!” was his comment – although likely not to his board.

And adding to the problem of market visibility are a number of other issues that increasingly cannot be avoided – like the increasing modal shift, although there appears to be no consensus on exactly how much and what impact it’s having; shifting business sourcing and consumer shopping trends; rising competition from within the air cargo industry from the integrators; and ongoing struggles to even fi x one of the most fundamental issues – shifting from paper to e-AWBs.

All of these issues and more were discussed by the delegates attending Th e International Air Cargo Association (TIACA) Air Cargo Forum recently in Seoul. Speaking at the opening, TIACA chairman Oliver Evans noted: “Th e industry is facing unprecedented challenges and unprecedented opportunities, we must face them together. Collaboration is key. It is a long road, but it is an exciting one and one we can be proud of.”

Indeed the word ‘collaboration’ has become a recurring theme at air cargo conferences around the world over the past year as one key fundamental point comes up, again and again and again – that all players in the supply chain need to better share information that would improve visibility and effi ciency.

But one fears of course that it ends up just being a buzzword and nothing more. At least the industry – across its whole spectrum – is recognising the crucial need to collectively get its house in order. Now lets see some more action. And while clear movement has been made on the e-AWB front, its still a long, long way off from industry-wide e-freight. Clearly without this, greater visibility, transparency and the effi ciency gains therein – that customers are demanding – simply won’t happen.

Another oft-repeated statement in these very same venues where ‘collaboration’ is bandied around like the air cargo Holly Grail, is Albert Einstein’s defi nition of insanity. While it’s very nearly over-used already, I will repeat it one more time because it truly does apply as an important caveat to the air cargo sector as it soul searches its way to a better, brighter future. Defi nition of insanity: Doing the same thing over and over again and expecting diff erent results.

And with that, I bid you adieu until next month

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, bad news, cargo aviation, Good news

Related Articles

  • Xeneta reports resilient air cargo market despite July IT outage
  • Lufthansa Cargo presents commitment to transforming the aviation industryLufthansa Cargo presents commitment to transforming the aviation industry
  • cargo handling services of Vienna AirportLufthansa Cargo continues to rely on the cargo handling services of Vienna Airport
  • exclusive commercial rights on first key laneVietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
  • Budapest Airport Revolutionises Cargo Operations With Kale Info Solutions’ Airport Cargo Community System
  • RTX Pratt And Whitney's West Palm BeachRTX’s Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility

Ad – After Content

Primary Sidebar

Trending News

  • CAICargoAi Unveils CargoMART Interline, revolutionising… CargoAi is proud to announce the launch of CargoMART Interline,…
  • lufthansa cargoLufthansa Cargo launches development of innovative… Lufthansa Cargo is developing a new type of virtual reality…
  • cce groupCCE Group and Emirates sign MoU to expand long-term… CCE Group and Emirates have signed a Memorandum of Understanding to explore expanded…
  • ceva logisticsCEVA Logistics reinvents healthcare cold chain in Asia From life-saving vaccines to sensitive biologics, healthcare logistics demands precision,…
  • From L to R - Christopher Lim, Praveen Gregory, Bjoern SchoonDHL Global Forwarding announces strategic leadership… DHL Global Forwarding, the freight specialist arm of DHL Group,…
  • Hactl Executive Director–Information Services John Lee (left) received the ISO IEC 27001 2022 certification from SGS Hong Kong Limited Deputy Director, Products & Services Development Chris Yau (right).Hactl’s COSAC-Plus becomes the first Hong Kong… Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest…
  • Saudia Cargo_Payload Asia 2025Saudia Cargo named ‘Best E-Commerce Carrier –… Saudia Cargo, the leading air cargo carrier in the Middle…

Payload Asia Awards

Subscribe To
Our Newsletter



Payload Asia continues to be the authoritative source for informative, accurate and up-to-date news and information on the air cargo industry and related sectors.

With its updated and refreshed look the online edition continues to provide high quality coverage on the Asia-Pacific, India-Middle East, Europe-CIS, North & South America and Africa air cargo markets.

© 2025 Harvest Information. All rights reserved. Privacy Policy

Partner Sites : Asia Food Journal and Television Asia Plus .

We use cookies and similar technologies to improve your browsing experience.
Continuing to use this site means you agree to our use of cookies. I agreeRead More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non Necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Performance

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Save & Accept

Stay Updated!

Subscribe now to receive the latest news, updates, and exclusive insights. Don’t miss out!

 

By submitting this form, you consent to receive marketing emails from Payload Asia. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Disclaimer: Translations on this website are automated using Google Translate. While we strive for accuracy, please be cautious, as machine translations may contain errors. For critical or sensitive content, consider seeking professional human translation. We are not liable for any reliance on the translated content.

1