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Worldwide airfreight volumes increased 0.5pc in May: Worland report
GLOBAL air freight volumes rose 0.5 per cent in May compared to the same month a year earlier, according to market data company Worland.
The company's report showed significant diversity in performance, with the origin North America market falling four per cent year on year, while the Middle East/South Asia (MESA) region rose by four per cent, year on year.
Yield in US dollars declined by 1.9 per cent, compared to April, reported New York's Air Cargo World.
Year-to-date, Europe's origin market gained roughly the same amount of kilogram抯 in cargo that North America lost during the first five months of the year.
Globally, US dollar yields decreased by 16 per cent year on year, however some of the larger traffic flows still generated high yields, including Bogot?to-Miami and Quito-to-Miami.
Worland also surveyed the market share of world's top 100 air cargo forwarders, measured by chargeable weight produced in 2015. Grouped by their origins, they collectively handle 58 per cent of the worldwide air cargo market.
The group consists of 37 forwarders from the Asia-Pacific region, 27 from Europe, 17 from the United States, 11 from MESA and four each from Africa and Latin America.
The 20 largest of the aforementioned forwarders surveyed include 12 European, four Japanese, three American and one MESA forwarder. These carriers hold a joint market share of 43 per cent. The top 10 claim an aggregate market share of 35 per cent, led by DHL with 8.5 per cent.
The largest forwarders, Worland added, will likely gain even more market share in the near future. "Industry experts see further consolidation among forwarders, through acquisition or co-operation," the report concluded.
The company's report showed significant diversity in performance, with the origin North America market falling four per cent year on year, while the Middle East/South Asia (MESA) region rose by four per cent, year on year.
Yield in US dollars declined by 1.9 per cent, compared to April, reported New York's Air Cargo World.
Year-to-date, Europe's origin market gained roughly the same amount of kilogram抯 in cargo that North America lost during the first five months of the year.
Globally, US dollar yields decreased by 16 per cent year on year, however some of the larger traffic flows still generated high yields, including Bogot?to-Miami and Quito-to-Miami.
Worland also surveyed the market share of world's top 100 air cargo forwarders, measured by chargeable weight produced in 2015. Grouped by their origins, they collectively handle 58 per cent of the worldwide air cargo market.
The group consists of 37 forwarders from the Asia-Pacific region, 27 from Europe, 17 from the United States, 11 from MESA and four each from Africa and Latin America.
The 20 largest of the aforementioned forwarders surveyed include 12 European, four Japanese, three American and one MESA forwarder. These carriers hold a joint market share of 43 per cent. The top 10 claim an aggregate market share of 35 per cent, led by DHL with 8.5 per cent.
The largest forwarders, Worland added, will likely gain even more market share in the near future. "Industry experts see further consolidation among forwarders, through acquisition or co-operation," the report concluded.
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