The airfreight market in Germany is currently weakening. The ADV reports that the amount of freight transported in the first quarter of this year fell by 2% to 1.18 million tons.
The strongest growth – both in absolute and in percentage terms – was at the Hahn Airport with a plus of 3.4%, or 724,000 tons of freight.
Amongst the large airports, Cologne/Bonn saw the biggest fall for the first quarter with 4.3% less freight. At Lufthansa Cargo’s annual press conference, Peter Gerber described this development as a slump in the market (caused by uncertainty over trade disputes between China and the USA, the ongoing Brexit drama and possible punitive customs measures by the USA), but one that nevertheless seems likely to be short-term in nature, because there are large trends that run in the opposite direction: global population growth and the associated increase in demand for goods, as well as rising incomes, all of which should give airfreight a boost in the years ahead.
First Quarter QCS
Overall Quick Cargo Service enjoyed a solid first quarter.
We generated 66% of our revenue in export and 34% in import in the airfreight area. We had an increase of 17.8% in the number of airfreight import shipments flown in March, and an increase of 7.1% for the first three months in total. In terms of weight the development was even more positive, with an increase of 14.3% for the first three months together, and 22.6% for March alone.The positive trend seen in imports in previous months has therefore been maintained. For exports the first three months saw an increase of 5.1% in the number of shipments
70% of our sea-freight revenue came from exports and 30% from imports. The number of import shipments remained stable (+0.4%) and, in terms of weight shipped, we managed a 22.48% increase for the first three months of 2019. In exports we had a fall of around 10% in the number of shipments.
We were present at various trade fairs and agent meetings in the last few weeks, including the WCA, the Intermodal in Sao Paulo, the Aircraft Interior Show in Hamburg (with the Aerospace Logistics Group). The next big event is, of course, the Transport Logistic in Munich. It remains very important for us to meet our agents in person at these events, in order to promote business further. For our Frankfurt office we also aim to attain GDP certification before the end of the year for Life Logistics. The pharma industry is a very promising market for us, which we would like to pursue more intensively in future.