Air cargo forwarding

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.

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.

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.

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.

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

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 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 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.

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

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.

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.

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.

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.

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

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

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.

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.

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.

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.

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.

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

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.

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).

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.

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.

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.

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.

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.

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.

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

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

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 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.

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

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.

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.

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