Impact Publications : AirCargo -255
Page 28 • AirCArgo AsiA-PACifiC JUNE-JULY 2018 African carriers bucking the trend with growth in all regions, but mixed results shown elsewhere MAY 2018 air cargo results contin- ued the year’s downward growth trend, according to WorldACD. Year-on-year, air cargo volume increased by only 2.6 per cent world wide and yield (measured in USD) by 14.4 per cent. For January through May, the growth was 4.3 per cent. The origins Chile (+58 per cent), Japan (+18 per cent), Canada (+17 per cent), and the USA (+5.8 per cent) outperformed other coun- tries. But the growth from the Americas came at a price: YoY USD-yield improvements in the Americas were well below 10 per cent, much lower than elsewhere in the world. The origins India, Russia and Western Europe all showed negative YoY growth in May. As in previous months, long-haul traffic increased more than short haul (3.0 per cent growth in Direct Ton Kilometres or DTKs vs 2.6 per cent in weight), while specific cargo categories again outpaced general cargo (5.5 per cent vs 1.5 per cent growth). For a number of countries, WorldACD looked at GDP develop- ments, as reported by The Econo- mist in its latest issue, relative to air cargo growth. Until 2009, the YoY Changes Air Cargo Volumes Air Cargo Volumes Country/Region GDP Growth Q1 Outgoing YtD Incoming YtD % % % USA 2.8 7.2 4.0 China 6.8 -0.8 4.8 Japan 1.1 17.2 3.1 Great Britain 1.2 1.9 2.8 Canada 2.3 13.3 3.7 Euro Area 2.5 1.9 6.4 Hong Kong 4.7 2.3 2.0 India 7.7 1.3 8.8 Brazil 1.2 13.7 13.9 Russia 1.3 -5.2 18.4 South Africa 0.8 5.7 7.2 Chile 4.2 29.0 3.8 Colombia 2.8 5.8 7.6 conventional wisdom was that air cargo roughly grew at twice the rate of GDP growth. Where does it stand today? The table shows that it is no longer possible to use a general ratio between GDP growth and air cargo growth. Neither is it possible to assume that growth in any geographical area will automatically benefit the carriers based in that area. In fact, the contrary appears to be the case when reviewing growth over the past two years. The African carrier group was the only one improving its (small) market share in all regions. So did carriers from Asia Pacific, except in their home area. Carriers from the Americas increased their market share in three regions, but lost share in both North and South America. Middle Eastern carriers lost share in three regions, including their home area, and gained in Europe and Latin America. European carriers gained share everywhere, except in their home market . In other words, the growth in traffic from all areas except Africa, benefited the group of ‘non-home carriers’ more than the group of ‘home carriers’. BRIEFLy EMirATEs skyCargo has re- ceived the 2018 Carrier Award for Reliability and Excellence (CARE) from DHL Global Forwarding for the transportation of tempera- ture sensitive pharmaceuticals. AirBriDgECArgo Airlines (ABC) and Shanghai Pudong Inter- national Airport Cargo Terminal (PACTL) signed a Memorandum of Understanding on cooper- ation in the sector of time and temperature sensitive shipments, primarily focusing on pharmaceu- tical and healthcare products. frosT and sullivan’s recent analysis, Digital Transformation in Airports, reveals that increased passenger traffic and global capacity constraints will drive airport IT spending to US$4.63 billion by 2023. Airports are developing their digital transformation roadmap in line with strategic planning activ- ities to address key performance indicators across all areas of the airport operation. THE WACo system has appoint- ed Velogic Ltd to represent its network of independent freight forwarders in the islands of Mau- ritius, Madagascar, and Réunion in the Indian Ocean. Headquartered in Port Louis, Mauritius, Velogic has 32 offices in eight territories and provides a full-range of logistics services across several sectors including fashion, construction, healthcare, and project cargo. WisETECH global has acquired Fenix Data Systems, a customs management company in Canada. Headquartered in Ontario, Fenix offers a range of cloud-enabled customs compliance systems in- cluding Customs Self Assessment functionality and CBSA direct connection.