Japan’s logistics companies are increasingly turning to India as the Chinese economy is losing steam and the Japanese economy expands only moderately.
The partnership was struck after more than a year of negotiations.
European airlines accounted for half of the increase in global air cargo traffic to a five-year high in 2016.
Forward Air has expanded its US Midwest-focused drayage footprint to the Southeast.
Freight volumes have surged 23 percent in the first two months of 2017.
BCOs are looking to air freight as an alternative to shipping cargo from North Europe to Asia as ocean space remains tight.
Shippers spent more on dedicated trucking and last-mile deliveries last year, benefiting top tier carriers. Will industrial and consumer freight follow in 2017?
The first quarter for Hong Kong-based Cathay Pacific is looking good, at least from a cargo perspective, following strong air freight growth in January and February.
“Working together in a cartel ... does not fly with the Commission.”
Lufthansa Cargo sank into the red in 2016.