A strike vote by union pilots at Atlas, ATSG and Kalitta Air is meant to pressure the airlines and DHL, but doesn't mean a strike is imminent.

Atlas Air Worldwide Holdings’ plan to acquire competitor Southern Air Holdings will diversify the air cargo carriers’ fleet, strengthen its relationship with its biggest customer, DHL Express, and position it to grow in the U.S. and globally, according to a BB&T analyst.

Five straight quarters of continued growth and a supply-demand balance has led to a turnaround in the air freight business this year, with more solid growth still to come, believes Atlas Air’s Michael Steen.

There is no significant loss of air cargo to ocean freight, said Atlas Air president and CCO Michael Steen, arguing against a widely held industry belief that shippers were shifting modes to save on transport costs.

Atlas Air Worldwide’s net income plummeted 32.8 percent from $31.2 million in the second quarter of 2012 to $21.0 million in the second quarter of 2013.

Etihad Airways is expanding its fleet with a Boeing 747-8 Freighter.

Atlas Air, a subsidiary of Atlas Air Worldwide Holdings,

The release of an array of new high-tech gizmos, including the i

Cargolux has loaded cargo onto its first 747-8 freighter and will take over a second aircraft Thursday, after settling a

Atlas Air handed Boeing and the aircraft manufacturer’s troubled 747-8 freighter program its second major setback in a week, canceling orders for three of the planes just days after

Wall Street research firm Wolfe Trahan Group is reducing its estimates for transportation earnings per share as economic headwinds gain strength.