Air Cargo Forwarder News

While the average online shopper spent more on purchases than last year, consumers who went out to the stores for Black Friday weekend spent less, bringing total consumer spending for the three day st

DHL Express said it will transfer its European headquarters from Brussels to Germany and the Czech Republic over the next two years.

Same-day and next-day delivery specialist Eastern Connection is expanding in its home state of Massachusetts, opening a facility in Norwood, outside Boston.

Deutsche Post DHL, the global mail and logistics company, is seeking to sell its loss-making French parcel delivery business.

UPS announced an effective 4.9 percent rate increase for all parcel and express services for 2010 on Friday, exceeding the price increases set earlier by rival FedEx.

Pilots at ABX Air approved a collective bargaining agreement this week the cargo airline says will help the company build a long-term contract with main customer DHL.

Air France-KLM said its cargo unit booked a $219 million second quarter loss against a year earlier profit of nearly $15 million and won't break even for at least another eighteen months.

UPS, the world’s largest package delivery company, expects to carry 400 million packages worldwide during the holiday season between Thanksgiving and Christmas this year.

Air Transport Services Group came through the third quarter with nearly the same operating income as a year earlier despite the scaled-down U.S.

FedEx Express launched FedEx India, a domestic next-business-day express shipping service covering major cities in the country.

London – British Airways and Spain’s Iberia said November 12 they have struck a preliminary agreement for a merger.

FedEx’s freight forwarding division said Thursday it is adding seven offices in Asia and Europe as part of what the company calls “an aggressive global expansion” of its forwarding o

FedEx says it expects no more audits from the Internal Revenue Service now that the agency for the second time dropped a look at potential penalties in the company’s classification of parcel division

To fully equip a Bronx, N.Y., station as the company’s first all-hybrid facility, FedEx Express ordered 51 new hybrid vehicles from Azure Dynamics.

EVA Air Cargo on Nov.

Air cargo officials are hailing the Federal Aviation Administration’s decision this week to reject a Burbank, Calif., airport’s request for a ban on overnight flights, saying the curfew wa

Deutsche Post DHL lost $123 million in the third quarter, reflecting costs involved in DHL's exit from the U.S.

An Internal Revenue Service decision to reverse a previous assessment that FedEx had misclassified some package delivery drivers marks a strong victory for the carrier and its use of independent contr

Stronger international lift and a pickup in next-day shipments took some of the sting out of the recession for UPS in the third quarter.

Deutsche Post DHL, Europe's biggest mail and express delivery company, agreed to a labor contract with the Verdi union, according to a Reuters report.

FedEx Express shifted deliveries to an earlier schedule for inbound international express service in the Pearl River Delta region of China, including the city of Shanghai.

Parcel industry leader UPS saw its profit fall to $549 million in the third quarter, 43.4 percent below a year earlier, on a 14.9 percent decline in revenue to $11.15 billion.

Marking its 10th anniversary, the FedEx Express hub at Roissy-Charles de Gaulle airport in Paris opened its expanded facilities last week.

FedEx Express completed expansions of a hub in France and a bonded warehouse in Mexico this week, strengthening the infrastructure in its global network.

Lufthansa Cargo carried 8.5 percent less freight in September than a year ago, half the decline of its closest European rival Air France-KLM.

The recovery may be sharper and quicker than expected, but FedEx’s chief economist believes consumer wariness could blunt it within a few quarters.

The U.S.

The Department of Transportation is renewing efforts to ensure the safe transport of lithium batteries.

Air France-KLM,Europe's largest air freight airline, will cut cargo capacity 40 percent this winter compared to last year after watching a slump in demand this year extend into September.

Shareowners of FedEx on Monday elected David P. Steiner to the corporation’s board of directors for a one-year term. The board appointed Steiner to its audit committee.

In an escalation of direct marketing, UPS is delivering premium offers and samples from some of the nation’s best-known brands and retailers to recipients of UPS residential shipments.

Same-day package company Velocity Express filed for Chapter 11 bankruptcy protection from its creditors today, announcing plans to restructure under a new owner, ComVest, in a debt-for-equity swap.

FedEx Express took delivery Tuesday of its first 777 freighter during ceremonies with the Boeing Company in Everett, Wash.

DHL officials said Tuesday they did not lose "significant" amounts of international express business as a result of the carrier's withdrawal from domestic air express service in the United S

Purolator USA expanded service to the Canadian border for Los Angeles and other regional businesses.

TNT Express, Europe's second largest express delivery carrier, boosted capacity on the Europe-China route on Sept. 18 with the addition of a new 747 extended range freighter.

FedEx reported a $181 million profit Thursday for its fiscal quarter ending Aug.

The world’s airlines have grounded 227 freighters, or nearly 12 percent of the fleet of all-cargo planes, in response to the global economic downturn that has cut steeply into cargo traffic and

Striking flight crewmembers at cargo airline Amerijet International overwhelmingly approved a contract settlement that could put them back to work in a week, the Teamsters union announced Monday.

The Teamsters union, already fighting legal and legislative battles to organize FedEx workers in the United States, said Monday it is launching a “large-scale campaign” to bring FedEx work