Air Cargo Carriers News

Air cargo carriers news and analysis from the Journal of Commerce covers updates of air cargo carriers, pricing, air craft carrier capacity, rates, routings and technology.

The latest Air Cargo Carriers News News & Analysis

Phone recall rattles air cargo confidence in lithium battery rules

Greg Knowler, Senior Europe Editor |
Regulations governing the shipment of lithium ion batteries tested by Samsung phone recall.
Air Cargo Carriers News

Hong Kong air cargo hurt by Beijing’s hub subsidies

Greg Knowler, Senior Europe Editor |
Subsidies from Beijing gives air cargo hubs in China a cost structure that is hard for regional competitors such as Hong Kong to match.
Air Cargo Forwarder NewsAir Cargo Carriers News

UK court fines Amazon over lithium battery shipments

Greg Knowler, Senior Europe Editor |
Amazon has had to pay a fine for breaching lithium ion shipment rules.
Air Cargo Carriers News

Global air cargo growth at 18-month high

Bruce Barnard, Special Correspondent |
Global air cargo traffic grew at the fastest pace in almost 18 months in July, but yields remain under pressure.
Air Cargo Carriers News

Capital injection aids Hanjin in fight against receivership

Xiaolin Zeng, Special Correspondent |
Korean Air Lines is swooping in to support Hanjin Shipping.
Container linesAir Cargo Carriers News

Shanghai’s Pactl posts record seven-month air cargo growth

Greg Knowler, Senior Europe Editor |
Cargo records at Pactl continue to fall, with the best seven-month total ever posted.
Air Cargo Forwarder NewsAir Cargo Carriers News

Cathay Pacific profit plunges on sharp cargo revenue decline

Greg Knowler, Senior Europe Editor |
Cathay Pacific sees net profit falling 82 percent in fragile operating environment.
Air Cargo Carriers News

Global air cargo posts fastest growth since April 2015

Bruce Barnard, Special Correspondent |
Global air cargo traffic rose in June at the fastest rate in 14 months.
Air CargoAir Cargo Carriers News

Cargo revenue nosedives at All Nippon Airways parent company

Hisane Masaki, Japan Special Correspondent |
International cargo revenue at ANA Holdings, parent to All Nippon Airways, fell in the fiscal first quarter of 2016.
Air Cargo Carriers News

Lufthansa Cargo sinks deeper into the red

Bruce Barnard, Special Correspondent |
Lufthansa Cargo sank deeper into the red in the second quarter.
Air Cargo Carriers News

Japan Airlines’ cargo revenue tumbles

Hisane Masaki, Japan Special Correspondent |
A strong yen, lower fuel prices and growing competition took a toll on revenue at Japan Airlines in the first quarter of fiscal 2016.
Air Cargo Carriers News

IAG revenue, volume slump as sea freight competition rises

Bruce Barnard, Special Correspondent |
<p>As overcapacity and weak demand continue to plague the global transportation industry across modes, competition for cargo has only intensified.</p>
Air Cargo Carriers News

Air France-KLM cargo stuck in the red

Bruce Barnard, Special Correspondent |
Air France-KLM’s cargo loss narrowed slightly in the second quarter, but the airline's cargo unit was still stuck in the red.
Air Cargo Carriers News

Japanese container volume set for another annual decline

Hisane Masaki, Japan Special Correspondent |
Japanese container trade volume will slip slightly in fiscal 2016 for the third straight year.
Transport, Trade, and Regulation NewsAir CargoAir Cargo Carriers News

Global air cargo growth slows as industry is set for 'disappointing' 2016

Bruce Barnard, Special Correspondent |
"The business environment is extremely difficult and there are few signs of any immediate relief.”
Air Cargo Carriers News

Lufthansa Cargo extends All Nippon Airways joint venture

Bruce Barnard, Special Correspondent |
Lufthansa Cargo and Japan’s All Nippon Airways will extend their joint venture next month.
Air Cargo Carriers News

Brexit threatens $25 billion expansion of Heathrow Airport

Bruce Barnard, Special Correspondent |
U.K. freight forwarders are worried that the decision to leave the European Union could threaten a much-needed expansion of Heathrow Airport.
Air Cargo Forwarder NewsAir Cargo Carriers News

Cargolux China will cover globe in three years, CEO says

Greg Knowler, Senior Europe Editor |
Cargolux China aims to establish a global network.
Air Cargo Carriers News

Lufthansa Cargo to lay off hundreds amid slowdown

Bruce Barnard, Special Correspondent |
Lufthansa Cargo, Europe’s largest all-cargo airline, said it will lay off hundreds of its 4,600-strong worldwide workforce.
Air Cargo Carriers News

Air cargo traffic rises, but demand still soft

Bruce Barnard, Special Correspondent |
Global air cargo traffic grew in April, but yields remain under pressure.
Air CargoAir Cargo Carriers News

AirBridgeCargo launches new Mideast-US service

Bruce Barnard, Special Correspondent |
AirBridgeCargo Airlines has launched a weekly freighter service.
Air Cargo Carriers NewsBreakbulk News

Asia Pacific airlines back in black, but no thanks to cargo

Greg Knowler, Senior Europe Editor |
Rising passenger numbers lift Asia-Pacific airlines, but the sorry state of air cargo is proving to be a drag on revenue and profits.
Air Cargo Carriers News

Air India settles in US to close 10-year price-fixing lawsuit

Greg Knowler, Senior Europe Editor |
The litigation lasted a decade and involved tens of thousands of lawyer hours, but the class-action suit against the world’s top airlines has finally drawn to a close.
Air Cargo Carriers News

Lufthansa Cargo, Cathay Pacific partner on network

Bruce Barnard, Special Correspondent |
Lufthansa Cargo and Cathay Pacific have signed a partnership to operate a joint network.
Air Cargo Carriers News

AirBridgeCargo sets traffic record

Bruce Barnard, Special Correspondent |
AirBridgeCargo traffic surged to a record high in the first quarter.
Air Cargo Carriers News

Global shipments of small aircraft grounded in first quarter

William B. Cassidy, Senior Editor |
Shipments of smaller aircraft declined in the first quarter worldwide, as business demand dropped.
Air Cargo Carriers News

Air New Zealand settles US cargo price-fixing suit

Greg Knowler, Senior Europe Editor |
U.S. air cargo price-fixing lawsuit yields another settlement from a major carrier, leaving just one airline standing in the decade-long class action.
Air Cargo Carriers News

Amazon speeds up fulfillment, appears more like logistics company

William B. Cassidy, Senior Editor |
Although Amazon is not in the transportation business, FedEx, UPS and DHL can’t ignore Amazon’s competitive challenge, Satish Jindel, president of SJ Consulting Group, said.
Air Cargo Carriers News

Air cargo feels the downside of a 2015 first-quarter high

Greg Knowler, Senior Europe Editor |
The downside to an industry sector having a great quarter is that it places immense pressure on it to repeat the feat the following year or the comparisons will be dismal. This is where the air cargo industry finds itself after the first quarter of 2016.
Air CargoAir Cargo Carriers News

Profits at top Japan airlines mask cargo weakness

Hisane Masaki, Japan Special Correspondent |
ANA Holdings Inc. and Japan Airlines Corp. both increased their group net profits despite cargo weakness.
Air Cargo Carriers News

Europe’s top air cargo carriers post lower volumes

Bruce Barnard, Special Correspondent |
Europe’s leading air cargo carriers are continuing to post lower traffic figures month after month while their smaller rivals are still boosting their market shares.
Air Cargo Carriers News

Cargolux profit surges, revenue shrinks

Bruce Barnard, Special Correspondent |
Cargolux’s net profit surged in 2015, helped by cheaper fuel, but revenue shrank as low yields offset higher volumes.
Air Cargo Carriers News

Lufthansa Cargo still in the black — with reduced 2015 profit

Bruce Barnard, Special Correspondent |
Lufthansa Cargo remained in the black for yet another year in 2015, overcoming the damaging impact of a pilots’ strike and growing oversupply in the global air freight market, while its main European rivals sank deeper into the red.
Air Cargo Carriers News

Amazon gains more control of its air cargo supply chain

Reynolds Hutchins, Associate Editor |
In a long-awaited deal, Amazon announced Wednesday it has acquired a stake in the Ohio company that has been helping the e-commerce giant run its secret air cargo operation in the state since last year and has signed a five- to seven-year lease for 20 cargo planes.
Air Cargo Carriers News

Air cargo a drag on Cathay Pacific's huge 2015 profit

Greg Knowler, Senior Europe Editor |
Cathay Pacific’s 90 percent increase in 2015 net profit had no help from its cargo division, which after a solid first quarter saw demand for air freight largely fade away for the rest of the year.
Air Cargo Carriers News

IAG posts lower cargo volume, higher revenue

Bruce Barnard, Special Correspondent |
International Airlines Group carried less cargo in 2015 than a year earlier but its freight revenue grew as it focused on strategic partnerships and premium products to offset lower rates and yields in bearish global market.
Air Cargo Carriers News

Baby Boeing converts as China’s express market takes off

Greg Knowler, Senior Europe Editor |
The enormous growth in China’s e-commerce market has driven up demand for domestic air express services and encouraged Boeing Co. to offer freighter conversions for its popular B737 passenger plane.
Air Cargo Carriers News

Air France-KLM cargo posts increased loss

Bruce Barnard, Special Correspondent |
Air France-KLM narrowed its cargo loss in the fourth quarter of 2015 but its full-year deficit increased as it continued to scale back its troubled full-freighter operation.
Air Cargo Carriers News

AirBridgeCargo off to record start for 2016

Bruce Barnard, Special Correspondent |
AirBridgeCargo began 2016 on a roll with volume soaring by a record 30 percent in January, but Russia’s largest air cargo carrier cautioned it faces challenges as it expands its global network.
Air Cargo Carriers News

Slow start to 2016 for Cathay as capacity outstrips demand

Greg Knowler, Senior Europe Editor |
Capacity cuts and a pre-Chinese New Year demand for air cargo on key routes barely managed to keep Cathay Pacific’s January volumes in positive territory.
Air Cargo Carriers News