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air cargo carriers news
Air Cargo Carriers News
Stay informed with air cargo carriers news. Journal of Commerce covers updates on air cargo carriers, air craft carrier capacity, rates routings and technology.
The latest Air Cargo Carriers News & Analysis
IAG cargo volumes, revenue still sinking
Bruce Barnard, Special Correspondent |
International Airlines Group posted a further steep decline in freight traffic and lower revenue in the third quarter.
Air Cargo Carriers News
Global air capacity expansion outpaces growing demand
Dustin Braden, Shipper Relationship Manager |
Global air cargo demand continued to show signs of strength in August.
Air Cargo
Air Cargo Carriers News
Japanese air cargo set to buck downward trend
Hisane Masaki, Japan Special Correspondent |
Nittsu Research Institute and Consulting has announced its expectations for Japan's air cargo trade in fiscal year 2016.
Air Cargo Carriers News
Phone recall rattles air cargo confidence in lithium battery rules
Greg Knowler, Senior Editor Europe |
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 Editor Europe |
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 News
Air Cargo Carriers News
UK court fines Amazon over lithium battery shipments
Greg Knowler, Senior Editor Europe |
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 lines
Air Cargo Carriers News
Shanghai’s Pactl posts record seven-month air cargo growth
Greg Knowler, Senior Editor Europe |
Cargo records at Pactl continue to fall, with the best seven-month total ever posted.
Air Cargo Forwarder News
Air Cargo Carriers News
Cathay Pacific profit plunges on sharp cargo revenue decline
Greg Knowler, Senior Editor Europe |
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 Cargo
Air 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 |
As overcapacity and weak demand continue to plague the global transportation industry across modes, competition for cargo has only intensified.
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 News
Air Cargo
Air 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 News
Air Cargo Carriers News
Cargolux China will cover globe in three years, CEO says
Greg Knowler, Senior Editor Europe |
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 Cargo
Air Cargo Carriers News
AirBridgeCargo launches new Mideast-US service
Bruce Barnard, Special Correspondent |
AirBridgeCargo Airlines has launched a weekly freighter service.
Air Cargo Carriers News
Breakbulk News
Asia Pacific airlines back in black, but no thanks to cargo
Greg Knowler, Senior Editor Europe |
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 Editor Europe |
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 Editor Europe |
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 Editor Europe |
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 Cargo
Air 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 Editor Europe |
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 Editor Europe |
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
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