China’s slowing exports put the brakes on runaway volumes at the world’s largest air cargo carrier in March as throughput on Cathay Pacific-Dragonair tumbled into the single digits after a robust start to the year.
Cathay Pacific today became the latest airline to suspend the carriage of lithium ion batteries in bulk on both passenger and freighter aircraft until improved packing and shipping requirements can be developed.
The "unprecedented" growth of e-commerce, coupled with rapid development of mobile technology, is changing the playbook for shippers and transport operators alike.
A sharp increase in first quarter imports helped Shanghai’s largest air freight terminal to yet another record and follows on from its best ever annual performance in 2014.
Russia’s AirBridgeCargo Airlines boosted freight tonnage by 20 percent in the first quarter as its rapidly expanding international network offset the impact of sanctions and an economic downturn in its domestic market.
After FedEx Corp. unveiled a $4.8 billion deal to acquire Dutch company TNT Express this week, the immediate focus was on how the merger would significantly boost the U.S.-based company’s footprint in the European express market.
TNT Express said it will open talks shortly with potential buyers of its cargo airlines following FedEx’s agreed 4.4 billion-euro ($4.8 billion) takeover.
FedEx Corp. on Tuesday unveiled a €4.4 billion ($4.8 billion) agreed takeover of TNT Express, two years after European regulators shot down United Parcel Service’s bid for the Dutch company.
Air cargo shippers using Chicago O’Hare International Airport are experiencing delays because of major road construction around the hub and inconsistent service from third-party handlers. A surge of cargo from shippers unwilling to brave West Coast port congestion isn’t helping.
AirBridge Cargo, the only Russian carrier in the Hong Kong market, will be the main beneficiary of fifth freedom traffic rights out of the city that were granted to Russian air freight carriers following a new round of bilateral talks that concluded last month.