The U.S. government “could add meaningful costs and delays to an already overburdened U.S. transportation network” if FedEx and other carriers are forced to stringently examine or refuse packages on the grounds they may may contain illegal goods, a Wall Street analyst warns.
FedEx officials said today the company will fight federal drug trafficking charges linked to the distribution of prescription medicines illegally sold through Internet pharmacies and defended their efforts to prevent FedEx distribution networks being co-opted for illegal purposes.
When Cathay Pacific left Hong Kong Air Cargo Terminals (Hactl) a year ago to start its own freight busines
Amsterdam Airport Schiphol posted a market-beating 8.8 percent growth in cargo traffic in the first half of the year, more than twice the increase at its closest rival London Heathrow Airport.
Qatar Airways today said it plans to order four new Boeing 777 freighters with an option for four more, bolstering its ambitious bid to become a Top 5 cargo airline by 2018.
FedEx, TNT Express and the U.K.’s Royal Mail are being investigated by French regulators over alleged anti-competitive behavior in the country’s parcel delivery market.
Hong Kong-listed shipping line OOCL and Dubai-based Etihad Airways have not yet been officially informed of a Bangladesh high court ruling that accuses them of evading taxes and money laundering...
Robust demand out of Hong Kong and China in June saw cargo and mail carried on Cathay Pacific and Dragonair gro
The International Longshore and Warehouse Union and the Pacific Maritime Association surprised watchers by announcing a 72-hour hiatus in their negotiations so that the union could deal with unrelated talks in the Pacific Northwest, and by extending the expired coastwide contract during the suspension of negotiations.
Lufthansa Cargo is cutting freighter capacity in response to continued weakness in global cargo demand that saw its volume slump by 8 percent year-on-year in June with no signs of a pickup in sight.