Pandemic related small business closures have triggered profound losses for several freight-related companies, but spikes in demand for specific products also have generated red-hot conditions for many others, for example today’s record of record-breaking freight volumes in June in Ohio’s Rickenbacker International Airport.
Rickenbacker eclipsed its all time records for the two global freighter arrivals and global tonnage dip in June, according to the Columbus Regional Airport Authority (CRAA). Those figures contained 120 global arrivals—exceeding the former list of 109 at November 2018—and 9,123 metric tons of global tonnage offload, within the past mark of seven,251 metric tons, in addition at November 2018.
The report comes as trade team the International Air Transport Association (IATA) reported that international air cargo markets continued to shrink fast in June, but in a slightly slower rate of descent compared to the last month. Worldwide, June statistics demonstrated that international demand as quantified in freight tonne-kilometers (CTKs), dropped by 17.6%, worldwide capability as measured in available freight tonne-kilometers (ACTKs) shrank by 34.1%, and gut capacity for global air freight shrank by 70%.
While these aggregate trends show stark conditions for the industry worldwide, they comprise some much greater performances in particular areas. The coronavirus has produced feast-or-famine states across various products and geographies, the group’s data revealed.
When compared with the worldwide diving amounts, North American air cargo carriers reported just one digit drop in global cargo requirement of 8.8% year-on-year in June. This was the tiniest contraction of most areas, as a result of the huge freighter fleets of some of the region’s airlines and also into financial support supplied to airlines at the $2.2 trillion national stimulation bill known as the CARES Act, an acronym for Coronavirus Aid, Relief, and Economic Security, IATA said.
Similarly, Rickenbacker International Airport credited its surge “almost completely” to air freight charters bringing in personal protective equipment (PPE) and other pandemic supplies for regional supply. While the spike isn’t indicative of long-term tendencies, it speaks volumes regarding the airport’s capacity to innovate and adapt, the CRAA explained. By way of instance, Rickenbacker Aviation, the airport’s fixed-based operation, partnered with Emirates SkyCargo and cargo forwarder EFL to deal with the Boeing 777-300ER. That passenger airplane is presently working in an essential cargo-carrying function since the pandemic-induced lack of air cargo capacity persists.
“During this time of extreme supply chain disruption, Rickenbacker has proven to be an asset for the Columbus Region and the nation, serving as an efficient connection point to and from the U.S. market,” CRAA president & CEO Joseph R. Nardone stated in a release. “As one of the world’s only cargo-dedicated airports, Rickenbacker is demonstrating the advantage of doing business with a flexible and nimble team when time is of the essence. What takes other airports days, takes us hours.”
NEWS: In June, Rickenbacker eclipsed all-time documents for the two global freighter arrivals and global tonnage offload. Know more: https://t.co/2AowU7EYkL #aircargo pic.twitter.com/odPlrEmyh2
— Rickenbacker Airport (@RickIntlAirport) July 29, 2020