Air Cargo

Air Cargo

News & Analysis

11 Aug 2020
Severely limited air cargo capacity has forced airlines to scrap many block space deals held with forwarders at a time when spot rates on the major east-west trades are at high levels.
06 Aug 2013
Shippers in Asia are shifting as much marginal cargo away from air freight as possible to further cut supply chain costs even though air freight rates ex Asia are now at historic lows, according to leading 3PL executives.
Interior of air cargo plane
06 Aug 2013
Drewry Maritime Research’s East-West Air Freight Price Index rates slipped by 2.7 points in June to 94.3 points, bringing the index down to its lowest level since it was launched it May 2012...
06 Aug 2013
Worldwide Express has been sold to a group of investors, including a significant investment from the management team.
02 Aug 2013
IAG Cargo today reported its cargo traffic totaled 2.76 million metric-ton-kilometers in the first six months of 2013, down 8.4 percent compared to the first six months of 2012.
01 Aug 2013
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.
31 Jul 2013
Japan Airlines Corp. (JAL) said on July 31 that its net profit tumbled 31.9 percent in the first quarter of fiscal 2013, which started on April 1, from a year earlier, to 18.337 billion yen ($187.11 million) on a consolidated basis.
31 Jul 2013
Forward Air Solutions is preparing to occupy an 89,600-square-foot distribution facility at Port San Antonio’s industrial airport, Kelly Field, later this year.
31 Jul 2013
Amsterdam Airport Schiphol handled 736,608 metric tons of cargo in the first half of 2013, rising 1.02 percent compared with the same period in 2012.
30 Jul 2013
Japan’s ANA Holdings Inc., the parent firm of All Nippon Airways Co. (ANA), said on July 30 that it slipped into the red in the first quarter of fiscal 2013, which started on April 1, despite a jump in international cargo revenue.
30 Jul 2013
The International Air Transport Association reported air freight demand increased 1.2 percent year-over-year in June...
29 Jul 2013
Japan’s All Nippon Airways said its international cargo volume rose for the fourth straight month in June on a year-over-
25 Jul 2013
The Association of Asia Pacific Airlines reported preliminary traffic figures in June showed demand for air cargo continued to be weak.
25 Jul 2013
Blue Dart Express, India's leading air express and logistics services provider, reported a net income of $7 million in its fiscal 2013-14 first quarter, which ended June 30, flat compared to the profit in the same period of fiscal 2012-13.
25 Jul 2013
Saudi Airlines Cargo achieved freight volume growth of 4 percent in the first half of 2013 despite "sluggish" global air
25 Jul 2013
IAG Cargo has added Johannesburg as the third route for its new A380 superjumbo aircraft.
Russi Batliwala, CEO of Chapman Freeborn, and Oliver Evans, chief cargo officer of Swiss International Air Lines, signed the cooperation deal in Zurich, Switzerland.
24 Jul 2013
Chapman Freeborn Airchartering and Swiss WorldCargo have entered into a partnership to enhance their cargo offerings.
24 Jul 2013
Grupo Aeroméxico reported its cargo revenue in the second quarter of 2013 was $510 million pesos (about US$40.3 million), dropping 10.2 percent from $44.9 million in the second quarter of 2012.
23 Jul 2013
UPS has placed an order for 1,821 fire-resistant shipping containers.
23 Jul 2013
Airlines for America reported yield in June for domestic cargo was $71.10 per revenue ton mile, down 9.9 percent year-over-year. Yield for international cargo was $34.40 per revenue ton mile, sliding 8.1 percent.
22 Jul 2013
Rapidly expanding Saudi Arabian Airlines released a new online service to improve procedures for shippers and forwarders
Drewry Shanghai Export Air Freight Index. Source: Drewry
19 Jul 2013
The Shanghai Export Air Freight Index, as reported by Drewry, fell in June, dropping roughly 7 percent year-over-year. This followed months of double-digit declines.
19 Jul 2013
Forward Air reported its net income in the second quarter of 2013 was $13.8 million, falling 2.8 percent from $14.2 million in the second quarter of 2012.
New American Airlines livery
19 Jul 2013
The parent of American Airlines, AMR Corp., reported profit in the second quarter of 2013 was $220 million, rebounding from a net loss of $241 million in the second quarter of 2012, although cargo revenue dropped.
18 Jul 2013
Air Canada reported cargo traffic of 123.6 million metric-ton-kilometers in May, down 1.1 percent compared with the same month last year, according to Statistics Canada.
18 Jul 2013
IAG Cargo has broken ground on the site of its new Constant Climate center located at its London Heathrow hub.
17 Jul 2013
The ocean freight forwarding market posted double-digit growth in 2012 while the air cargo sector declined amid ongoing m
17 Jul 2013
Members of Congress, along with the Department of Transportation’s Inspector General, on Wednesday urged the Federal Aviation Administration to focus on modernization of nation's air traffic system, as funding for the long-delayed, over-budget initiative tightens.
15 Jul 2013
Lynden Air Cargo has promoted Richard Zerkel to president.
12 Jul 2013
A fire aboard a Boeing 787 Dreamliner airplane caused Heathrow Airport to close both its runways Friday afternoon.
11 Jul 2013
In June, Fraport Group’s five majority-owned airports handled 205,119 metric tons of cargo, an increase of 1.9 percent from June 2012.
10 Jul 2013
The parent of American Airlines, AMR Corp., reported June cargo figures for its principal subsidiary, showing an increase to 160,427 million ton miles, up 8.0 percent from 148,601 million ton miles reported in June 2012.
10 Jul 2013
International Airlines Group reported cargo traffic of 463 million metric-ton-kilometers in June, down 8.7 percent from 507 million metric-ton-kilometers of cargo in June 2012.
10 Jul 2013
Lufthansa Cargo unveiled plans to boost its freighter network later in the year as the decline in its freight traffic fla
10 Jul 2013
Total air freight traffic worldwide slid 0.4 percent year-over-year in May, as air freight continued to maintain a sluggish pace with virtually no growth in the volume of traffic worldwide...
Hactl Air Cargo Volume. Source: Hong Kong Air Cargo Terminals Ltd
09 Jul 2013
Air cargo imports handled by Hong Kong Air Cargo Terminals Ltd. declined sharply year-over-year in June, falling to 49.4 million kilograms from 58 million in June 2012. Overall air cargo volume fell 3.2 percent as a result, to 169.4 million kilograms.