Air Cargo

Air Cargo

News & Analysis

28 Sep 2020
The scale of peak season demand for air cargo on the trades out of Asia is becoming clearer, and has forwarders scrambling to lock in capacity.
12 Mar 2012
A German federal court will begin a hearing tomorrow, March 13, to decide whether to extend a controversial ban on night flights at Frankfurt airport that
12 Mar 2012
Lufthansa Cargo freight traffic slowed to 3.4 percent year-over-year in February from 11.4 percent in January, amid a slowing global economy and a ban on night flights at its Frankfurt hub.
12 Mar 2012
Cathay Pacific Airways’ key markets remained “soft” in February with year-over-year traffic gains, mostly because of the early Chinese New Year holiday.
09 Mar 2012
Trans-Pacific air cargo demand is surging, driven by the launch of new high-tech products such as Apple’s iPad 3.
09 Mar 2012
A new deal between TNT and Emirates SkyCargo will boost capacity on air cargo routes from Asia to Europe and reduce TNT’s exposure to long-haul routes.
08 Mar 2012
Qatar Airways will expand its global bellyhold and freighter network via its Doha hub later this year.
08 Mar 2012
Air France-KLM’s cargo unit swung to a $79.2 million loss in 2011 from a $19.8 million profit in 2010 amid a global glut of capacity and reduced traffic on major routes.
08 Mar 2012
Lufthansa, Europe’s second-largest airline, swung to a net loss of $17 million in 2011 from a $1.5 billion profit in 2010 as losses from the ongoing sale of U.K-based BMI weighed on the German c
08 Mar 2012
Germany’s Deutsche Post DHL, coming off a year in which net profit fell by half because of a onetime charge related to the sale of its Postbank banking unit, forecast higher revenue and profit f
07 Mar 2012
Panalpina swung to a profit of $139.7 million in 2011 from a 2010 loss of $28.6 million as the Swiss logistics and forwarding giant enjoyed organic growth across all regions and product divisions.
06 Mar 2012
Air cargo volumes in the Asia-Pacific region fell nearly 13 percent in January compared to a year earlier.
05 Mar 2012
Saudi Airlines Cargo will launch a twice-weekly B747 freighter service to Saigon, Vietnam, on March 25, linking the Southeast Asian country to the Middle East and Frankfurt, Germany.
05 Mar 2012
As TNT Express cajoles UPS to sweeten its $6.5 billion takeover offer, rivals FedEx and DHL Express are scrambling to react to a transformative deal likely to trigger further consolidation of the glob
01 Mar 2012
UPS has named Jeff McCorstin vice president of international air and ocean freight transportation services.
29 Feb 2012
Jade Cargo this week came a step closer to taking to the air again after its owners agreed to work with UniTop Group, a Chinese transportation company, to restructure the troubled carrier.
29 Feb 2012
International air cargo traffic has stabilized after a year-long slump despite an 8.1 decline in January volume, which was caused by the closing of factories during the Chinese New Year holiday, the I
29 Feb 2012
International Airlines Group’s freight revenue in 2011 grew 8.6 percent from a year ago to $1.6 billion, as the Anglo-Spanish carrier increased traffic in a declining global air cargo market.
29 Feb 2012
Hong Kong Airlines has bowed to pressure from customers and animal welfare groups to stop transporting live dolphins.
27 Feb 2012
Hong Kong Airlines is refusing to stop transporting live dolphins captured in Japan despite public uproar over its involvement.
27 Feb 2012
China plans to build the world’s largest cargo airport near Beijing in a $4.8 billion project due for completion in late 2017.
24 Feb 2012
Freight carried by Asian airlines in January fell 13.7 percent year-over-year, signaling another challenging year for carriers as European demand wanes, according to the Association of Asia Pacific Ai
24 Feb 2012
Amsterdam Schiphol airport boosted net income in 2011 by 15.1 percent to $260 million from $226 million a year ago, but Europe’s third-largest air cargo hub warned capacity constraints could slo
21 Feb 2012
Expeditors International of Washington said a weak peak season for imports pulled fourth quarter profit down 4 percent year-over-year to $92.8 million.
21 Feb 2012
TNT Express, the Dutch express delivery company in takeover negotiations with UPS, plans to refocus on its core European market, trim international operations, and reduce its freighter fleet to stem r
20 Feb 2012
Saudi Airlines Cargo and DHL Global Forwarding will launch a new thrice-weekly direct freighter service between Dubai and Europe in March.
20 Feb 2012
Cargo volume slumped more than 20 percent at Hong Kong International Airport in January from December and by 17.5 percent year-over-year as sluggish demand during Chinese New Year led to double-digit
17 Feb 2012
TNT Express rejected an unsolicited takeover offer of roughly $6.4 billion from UPS, but the Dutch delivery firm said discussions with the parcel giant are ongoing, according to reports.
17 Feb 2012
Employers across the U.S. are struggling with a paradox: Despite high unemployment, they’re having a tough time hiring the right person for the right job.
15 Feb 2012
UPS recently acquired Kiala, a Brussels-based provider of goods bought on the Internet, as the parcel giant attempts to tap growing e-commerce in Europe.
14 Feb 2012
Japan’s All Nippon Airways Co. saw international cargo volume rise for the first time in three months in December on a year-over-year basis, increasing 2.2 percent.
14 Feb 2012
FedEx Express is expanding its freighter service between Asia and the Middle East through India, speeding up shipment transit times by up to two days for connections from the Indian subcontinent to th
14 Feb 2012
Frankfurt airport handled 16.8 percent less freight in January than a year ago as uncertainty over the global economy and a night flight ban continued to weigh on Europe’s second-largest air car
14 Feb 2012
Cargo transported by Cathay Pacific and sister carrier Dragonair in January plunged 17.6 percent year-over-year and 26 percent from December.
13 Feb 2012
President Obama’s 2013 budget calls for nearly $30 billion more on transportation infrastructure annually than the roughly $50 billion sought through the House and Senate’s competing surfa
13 Feb 2012
The Transport Workers Union of America and the Communications Workers of America are teaming up on bargaining and organizing efforts at airlines.