Per the IATA Press Release No. 69 dated 12 December 2013 The airline financial outlook for cargo demand remains largely 'stagnant'. Airlines are expected to carry a modest increase of 52.5 million tonnes in 2014. This small increase in demand is expected to be offset by a decline in yields. Cargo revenues are expected to be flat for 2013 and 2014. The “on-shoring” of … [Read more...]
World Air Cargo Growth – Small Improvement in October
There was a small improvement in airfreight growth in October, according to the International Air Transport Association (IATA). The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October. Compared to October 2012, there was a 4% growth increase for all regions except for Africa. “Since mid-year we have … [Read more...]
Italian Truckers General Strike December 9th – December 13th
Italian Truckers general strike December 9th - December 13th Today, Monday December 9th, hundreds of striking truckers joined the Pitchfork (Forconi) Movement to block or slow transportation in a number of cities in Italy. Members of the movement are protesting against high fuel prices and taxes. Italian transport minister Maurizio Lupi on Sunday warned the government … [Read more...]
September Export Price Index gained .3%
The Export Price Index gained 0.3% in September according to the October 2013 Bureau of Labor Statistics report. Excluding Agricultural Products, the Export Price Index advanced 0.3%. Year over Year from September 2012 to September 2013 the Export Index is still down 0.9%. All Exports: Export prices advanced 0.3 percent in September, the largest monthly rise since a 0.7 … [Read more...]
September Import Price Index edged up .2%
The Import Price Index increased 0.2% in September according the October 2013 Bureau of Labor Statistics report. Excluding Fuel Prices, the Import Price Index increased 0.1% in September. Year to date the Import Price Index is down 1.2%. Import prices rose 0.2 percent in September following a 0.2 percent advance the previous month. Those were the first monthly increases for … [Read more...]