Cargo throughput at Hong Kong International Airport reached 342,000 metric tons in April, up 4.5 percent year-over-year.
Air Cargo
Air cargo handles much of the high-value goods that don’t move by ocean vessel in international trade. Its focus on express cargo allows freight companies to depend on reliable delivery and speed to market, although at a premium prices. Many of those shipments are arranged by air freight forwarders who consolidate various goods to make up a shipment lot.
Press Releases
21 May 2013
Polar Air Cargo plans to upgrade its 767 intra-Asia services and 747 trans-Pacific services, starting in early June.
21 May 2013
Finnair Cargo will add more air freight capacity to and from Brussels, starting June 6.
21 May 2013
Royal Mail’s profit more than doubled, driven by surging parcel deliveries, in a major boost to the forthcoming privatization of the UK’s 363-year-old state-owned postal company.
17 May 2013
Amber Road, a New Jersey-based platform that automates and streamlines global trade, has been selected by the Kahala Posts Group, an alliance of 10 postal administrations around the world...
17 May 2013
FedEx Freight Canada, a subsidiary of FedEx, has held an opening ceremony for its new service center for the Vancouver, British Columbia, area.
17 May 2013
FedEx Trade Networks has broken ground at its future residence, the Riverview Solar Technology Park in Tonawanda, N.Y.
16 May 2013
PostNord reported its net profit in the first quarter of 2013 was 185 million Swedish krona (about US$27.8 million).
15 May 2013
Cathay Pacific Airways reported that Cathay Pacific and Dragonair combined carried 123,805 metric tons of cargo and mail in April, falling 0.6 percent compared with April 2012.
14 May 2013
Fraport, which operates Frankfurt Airport in Germany, handled 174,047 metric tons of cargo, including transit, in April, sliding 0.1 percent from April 2012.
14 May 2013
The leading air carriers in the Middle East such as Qatar Airways, Emirates and Saudi Airlines have been investing heavily in their fleets and networks and winning market share, both in the passenger and freight markets. Etihad Airways is following much the same path, and managing to remain in the black.
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Commentary
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