Air cargo forwarding

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The latest Air cargo forwarding News & Analysis

ANA, United Airlines to form trans-Pacific cargo pact

Hisane Masaki | Nov 21, 2014, 9:33 AM EST

All Nippon Airways Co. and United Airlines, both members of the Star Alliance global airline network, plan to launch a strategic air cargo joint venture on trans-Pacific routes, the first of its kind between the U.S. and Asia.
Air cargo forwarding

Deutsche Post DHL earnings, revenue grow on strong express performance

Bruce Barnard, Special Correspondent | Nov 12, 2014, 11:20 AM EST

Germany’s Deutsche Post DHL booked higher third-quarter earnings as strong gains in international express and domestic parcel shipments offset shrunken margins at its global freight forwarding unit.
Logistics technologyAir cargo forwarding

Economic uncertainty slowed 2013 growth among top global transportation providers

William B. Cassidy, Senior Editor | Nov 11, 2014, 12:24 PM EST

Combined growth among the 50 largest transportation and logistics companies worldwide slowed to a halt in 2013 amid global economic uncertainty. The combined revenue of the 50 companies slipped 0.1 percent after increasing 2.6 percent in 2012 and 8.4 percent in 2011.
Logistics technologyAir cargo forwardingRailForwarding

Higher operating costs stunt fiscal 2Q gains at Blue Dart Express

JOC Staff | Nov 10, 2014, 3:34 PM EST

Blue Dart Express, India’s leading air express and logistics services provider, reported relatively flat fiscal second-quarter net profit as a 24 percent rise in operating costs offset a 23.5 percent increase in operating revenue.
Air cargo forwarding

Cuomo’s plan to move JFK cargo upstate draws criticism

JOC Team | Nov 2, 2014, 4:59 PM EST

A plan to move air freight facilities from John F. Kennedy International Airport to upstate New York likely won’t come without a fight.
Air cargo forwarding

China’s S.F. Express is fastest-growing global transporter: SJ Consulting

William B. Cassidy, Senior Editor | Oct 29, 2014, 5:05 PM EDT

Chinese package delivery company S.F. Express was the fastest-growing global transportation company in 2013, increasing revenue 40.6 percent in a year when the 50 largest transport operators saw revenue go flat.
Air cargo forwarding

Troubled Air France-KLM cargo unit sinks deeper into the red

Bruce Barnard, Special Correspondent | Oct 29, 2014, 3:35 PM EDT

Air France-KLM’s troubled cargo business sank deeper into the red in the third quarter due to weaker demand and a two-week strike by pilots in September.
Air cargo forwarding

Air freight index rises for fourth straight month, Drewry reports

JOC Team | Oct 29, 2014, 2:19 PM EDT

Air freight rates are on the rise heading into the peak season months of October and November, continuing a recent robust streak, Drewry Shipping Consultants says.
Air cargo forwarding

Provision for antitrust fine takes TNT Express to $60 million loss

Bruce Barnard, Special Correspondent | Oct 27, 2014, 7:58 AM EDT

TNT Express suffered its first operating loss in five quarters due to a provision for a potential antitrust fine and restructuring costs.
Air cargo forwarding

Amsterdam, London Heathrow close freight gap on Paris, Frankfurt airports

Bruce Barnard, Special Correspondent | Oct 22, 2014, 10:05 AM EDT

London – Amsterdam and London have closed the gap with Europe’s top freight airports as pilot strikes at Lufthansa and Air France shrunk cargo traffic at their Frankfurt and Paris hubs.
Air cargo forwarding

Air cargo industry bracing for continued loss of freight to ocean, analyst says

Mark Szakonyi, Executive Editor | Oct 16, 2014, 4:19 AM EDT

The shift of freight from air to ocean is just a blip for container lines but has hit the air cargo industry hard, with few signs of relenting, a maritime consultant said Thursday.
Air cargo forwardingContainer lines

Cathay Pacific extends double-digit growth run

Greg Knowler, Senior Europe Editor | Oct 16, 2014, 3:18 AM EDT

Strong growth out of Hong Kong and China in September saw Cathay Pacific and Dragonair continuing to post double-digit growth as cargo and mail throughput rose 14.5 percent compared to the same month last year.
Air cargo forwardingAir cargo carriers

UPS expands early morning service from Asia to US

JOC Staff | Oct 3, 2014, 1:37 PM EDT

UPS added 766 U.S. postal codes to its UPS Worldwide Express Plus network in the third quarter, extending the reach of its international earliest morning service deeper into the U.S.
International portsAir cargo forwarding

Difficult trading conditions spur TNT Express profit warning

Bruce Barnard, Special Correspondent | Sep 24, 2014, 2:23 PM EDT

TNT Express today issued a profit warning for 2015 because of tough trading conditions in Europe.
Air cargo forwarding

Global investors pump $700 million into XPO Logistics

William B. Cassidy, Senior Editor | Sep 11, 2014, 6:21 PM EDT

Three global funds will invest $700 million in XPO Logistics, accelerating the fast-growing company's acquisition plans for 2014.
Logistics technologyTruck brokersTruckingAir cargo forwarding

India to pilot DHL’s Asia-Pacific e-commerce campaign

JOC Staff | Sep 1, 2014, 6:48 AM EDT

Deutsche Post DHL will use India to pilot the development of its e-commerce business model for the Asia-Pacific region via subsidiary Blue Dart Express.
Air cargo forwarding

Iceland volcano keeps met officials on their toes

Greg Knowler, Senior Europe Editor | Aug 31, 2014, 8:50 AM EDT

Air cargo forwardingAir cargo carriers

Modal shift may be slowing, PIL head says

Greg Knowler, Senior Europe Editor | Aug 29, 2014, 11:23 AM EDT

The air cargo industry has been battling declining market share for years as cost-sensitive shippers move long-haul cargo from air to ocean transport, but that trend may be coming to an end, PIL Managing Director Teo Siong Seng says.
Air cargo forwardingContainer lines

Vietnam set for rapid air cargo growth, but must expand network, says IATA

Greg Knowler, Senior Europe Editor | Aug 27, 2014, 8:57 AM EDT

A quarter of Vietnam’s trade by value is shipped by air, and the International Air Transport Association (IATA) expects the country to be the world’s fastest-growing air cargo market over the next three years, expanding at 6.6 percent a year.
Air cargo forwarding

Iceland reduces volcano alert level, rescinds eruption notice

Mark Szakonyi, Executive Editor | Aug 23, 2014, 3:05 PM EDT

Iceland has downgraded the alert level for a volcano from “red” to “orange” after backtracking on a statement made on Saturday that a small subglacial lavel eruption had begun under the site.
Air cargo forwarding

Shanghai air cargo tonnage surged in July

Greg Knowler, Senior Europe Editor | Aug 10, 2014, 9:29 PM EDT

Shanghai Pudong International Airport Cargo Terminals Co. Ltd (PACTL) reported 23 percent growth in air freight throughput in July year-over-year as strong demand from international markets continued.
Air cargo forwarding

Costs outweigh rising revenue for Indian express company Blue Dart

JOC Staff | Jul 29, 2014, 10:15 PM EDT

Blue Dart Express, India’s leading air express and logistics services provider, reported its net profit fell 16 percent in the first fiscal quarter.
Air cargo forwarding

TNT Express posts improved results on restructuring, cost cuts

Bruce Barnard, Special Correspondent | Jul 28, 2014, 10:45 AM EDT

TNT Express today posted improved second-quarter results, driven by an ongoing restructuring program, cost cuts and a continued recovery at its previously loss-making Brazilian business.
Air cargo forwarding

China must take ‘urgent steps’ to improve air traffic system, says IATA

Greg Knowler, Senior Europe Editor | Jul 25, 2014, 9:45 PM EDT

Inadequate airspace capacity for civil air traffic, rapid growth of the Chinese aviation industry, capacity constraints at airports, and rigid operating regulations add up to congestion and delays for carriers serving the mainland’s busy cargo gateways, according to the International Air Transport Association (IATA).
Air cargo forwardingAir cargo carriers

Military exercises threaten China’s air cargo recovery

Greg Knowler, Senior Europe Editor | Jul 23, 2014, 5:19 PM EDT

The recent recovery in China’s air cargo exports could stall this month as flight cancellations and lengthy delays hit airports across China’s eastern seaboard where suspected military drills are wreaking havoc on commercial air space that is already in short supply.
Air cargo forwarding

Rising demand has Asia’s air cargo sector on a high

Greg Knowler, Senior Europe Editor | Jul 22, 2014, 6:00 PM EDT

The air freight market out of Asia is taking off, with solid figures reported by terminals, carriers, forwarders and the semiconductor industry, which plays a significant role in driving air cargo growth.
Air cargo forwarding

Hactl on the rebound a year after Cathay exit

Greg Knowler, Senior Europe Editor | Jul 17, 2014, 6:00 PM EDT

Air cargo forwarding

Amsterdam Schiphol posts jump in air cargo volume

Bruce Barnard, Special Correspondent | Jul 16, 2014, 11:46 AM EDT

Amsterdam Airport Schiphol posted a market-beating 8.8 percent growth in cargo traffic in the first half of the year, more than twice the increase at its closest rival London Heathrow Airport.
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Surge in demand boosts Hong Kong air cargo

Greg Knowler, Senior Europe Editor | Jul 14, 2014, 2:30 AM EDT

Air cargo forwardingAir cargo carriers

Medical shipper scopes out new global supply chain

Peter T. Leach, Editor-at-Large | Jul 7, 2014, 3:38 PM EDT

Endochoice, a six-year-old Atlanta-based importer of medical devices and disposable infectious control supplies and services for gastroenterologists, most of whom were in the U.S., had to reengineer its global supply chain last year when it acquired high-tech medical companies in Israel and Germany and began to manufacture and distribute a sophisticated new system for colonoscopies internationally.
Air cargo forwardingForwarding

US-bound air cargo moving despite heightened security

Mark Szakonyi, Executive Editor | Jul 7, 2014, 1:33 PM EDT

It’s business as usual for air cargo shippers despite the heightened security at foreign airports with flights connecting to the U.S., the executive director of the Airforwarders Association says.
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Air freight carriers eagerly await iPhone 6 launch

Greg Knowler, Senior Europe Editor | Jun 30, 2014, 3:00 PM EDT

Rumors that the new iPhone 6 will be launched in September have not only consumers eagerly anticipating Apple’s latest model smartphone. Millions of the China-made phones will be shipped across the world in freighters and in the belly holds of airlines, providing a welcome spike in revenue and yields for the air cargo industry.
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PACTL dominates Shanghai air cargo volume

Greg Knowler, Senior Europe Editor | Jun 20, 2014, 6:05 PM EDT

Shanghai Pudong International Airport Cargo Terminal Ltd. (PACTL) continues to capture market share.
Air cargo forwarding

ILWU talks could lift air freight

JOC Team | Jun 12, 2014, 2:15 PM EDT

Industry experts say there’s one unintended side effect of maritime uncertainty: the chance for air freight volumes to soar.
Air cargo forwarding

Forwarders concerned by US plans to expand air cargo screening

Greg Knowler, Senior Europe Editor | Jun 6, 2014, 12:11 PM EDT

The Hong Kong Association of Freight Forwarders and Logistics (HAFFA) has joined a coalition of global counterparts in calling for the U.S. federal government to seek input from small and midsize forwarders before expanding the Air Cargo Advanced Screening (ACAS) program
Air cargo forwarding

China’s express market boom drives airline expansion

Greg Knowler, Senior Europe Editor | Jun 5, 2014, 12:24 PM EDT

Air China Cargo and China Postal Airlines have strengthened their strategic partnership with the launch of a new service between Guangzhou and Nanjing as the carriers move to capture a growing share of the fast expanding mainland express market.
Air cargo forwarding

Express Lifts Transport Corp. of India’s Results

JOC Staff | May 28, 2014, 9:14 PM EDT

Growth in the express segment powered Transport Corporation of India to higher profit in fiscal year 2013-14, which ended March 31.
Logistics technologyAir cargo forwarding

Consolidation Ahead for China’s Fragmented Express Market

Greg Knowler, Senior Europe Editor | May 22, 2014, 9:22 PM EDT

The revenue from China’s fast-growing e-commerce business is masking a decline in the price per parcel that is expected to spur consolidation.
Logistics technologyAir cargo forwarding

TNT Express Revenue, Profit Fall

Bruce Barnard, Special Correspondent | Apr 29, 2014, 12:04 PM EDT

TNT Express posted lower revenue and operating income in the first quarter on a mix of adverse currency movements, the sale of its domestic Chinese business and the pruning of unprofitable contracts.
Air cargo forwarding

China Express Deliveries Surge

Greg Knowler, Senior Europe Editor | Apr 22, 2014, 8:10 PM EDT

Express delivery in China resulted in 2.6 billion deliveries in the first quarter, up 51.9 percent year-on-year, Xinhua reported.
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