Air Cargo

Air Cargo

News & Analysis

04 Mar 2021
Heavily disrupted container shipping markets are forcing ocean shippers into the air cargo markets, with space shortages on vessels, port congestion, and difficulties in sourcing equipment for Asian exports heaping additional pressure on limited air freight capacity.
07 Sep 2014
The air cargo market is giddily awaiting tomorrow’s unveiling of Apple’s new iPhone 6 that when launched will create a spike in export traffic from the production city of Zhengzhou and add further lift to solid air freight volumes out of China.
05 Sep 2014
Air France-KLM announced a major downsizing of its freighter fleet in the latest bid to return its cargo operation to profitability amid sagging global demand and increased competition from fast-growing Arab Gulf airlines.
Garments on hangers in container
05 Sep 2014
A long-term shift from air to ocean freight by shippers looking to cut transport costs and willing to tolerate longer transit times may be slowing, according to recent comments from transportation executives.
Virgin Atlantic plane
03 Sep 2014
Virgin Atlantic unveiled plans to boost its core trans-Atlantic passenger and cargo route network and axe flights to Tokyo, Mumbai, Cape Town and Vancouver in a bid to achieve “record levels of sustained profitability” by 2018.
Lufthansa Cargo MD-11 freighter
03 Sep 2014
Lufthansa Cargo and All Nippon Airways will soon launch joint freight services between Europe and Japan after obtaining antitrust approval in Japan.
Cathay Pacific Cargo aircraft
02 Sep 2014
Global air cargo traffic surged 5.8 percent in July from a year ago and likely will continue to increase in the coming months, driven by accelerating economic growth in key Asian markets, according to the International Air Transport Association.
02 Sep 2014
The second-quarter recovery that gave air and ocean cargo such a welcome boost looks set to continue its momentum well into the second half as the latest economic and freight indicators show some positive numbers.
01 Sep 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.
31 Aug 2014
Iceland’s Bardarbunga volcano has kept the local meteorological office busy, with the red level warning being
Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
air freighter
29 Aug 2014
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.
28 Aug 2014
Rising revenue at Air China in the first half was not enough to lift cargo yield into positive territory, and the mainland carrier struggled against stiff competition and a weakening RMB-U.S. dollar exchange rate.
Vietnam Airlines aircraft. Photo: Vietnam Photography / Shutterstock.com.
27 Aug 2014
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.
The price for air freight per kilogram on the spot market rose 0.8 percent to $3.32 in July
26 Aug 2014
Air freight pricing is stable for the moment, but with the holiday season on the horizon Drewry is predicting prices will shoot up in coming months.
25 Aug 2014
Port San Antonio named a new president and CEO on Aug. 25, tapping a 25-year economic development veteran to lead the inland industrial development agency.
23 Aug 2014
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.
21 Aug 2014
Air and sea freight volumes in European east-west trade lanes have seen consecutive gains in recent months, but growth is expected to subside over the next six months, according to a new survey from the investment firm Stifel Nicolaus.
20 Aug 2014
There are increasing signs that an Icelandic volcano could erupt, potentially disrupting shippers transporting goods via the freighters and in the bellies of passenger planes — much like an eruption on the island did in 2010.
18 Aug 2014
Shippers transporting goods via freighters and in the bellies of passenger planes flying in the northern European are closely watching an Iceland volcano, as many recall how a 2010 eruption on the island seriously disrupted shipments for days.
14 Aug 2014
Cathay Pacific’s strong start to the year continued into July when robust growth in its air freight tonnage ou
13 Aug 2014
Hong Kong-flag carrier Cathay Pacific reported today that its group profit skyrocketed more than 14-fold in the first half of 2014 from a year earlier...
Airplane taking off
13 Aug 2014
Air freight rates are steadily climbing as demand creeps upward, leaving airline heads optimistic about the second half of 2014.
Alitalia plane
11 Aug 2014
Etihad Airways plans to revive and expand Alitalia’s dormant cargo business after acquiring a 49 percent stake in the per
10 Aug 2014
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 inside a freighter
05 Aug 2014
The growth in global air cargo traffic slowed in June as a strong performance by Asia-Pacific and Middle East carriers was offset by declines in Europe and North and South America, according to the International Air Transport Association.
Lobster
04 Aug 2014
An increasing Asian appetite for live lobster is being met with a weekly shipment of live lobsters from Nova Scotia to South Korea.
Worker assembling electronics component in China
03 Aug 2014
China’s factory output and total new orders in July rose to their highest levels since March last year, improving the operating conditions of mainland manufacturers and supporting carrier predictions of third quarter container volume increases in the seasonal build up to Christmas.
01 Aug 2014
IAG’s cargo revenue slumped more than 12 percent in the second quarter as the carrier exited freighters.
Lufthansa Cargo
31 Jul 2014
Lufthansa Cargo today posted another profitable quarter despite lower traffic and revenue, overcoming a weakening global air freight market that has trapped many of its leading rivals in the red.
31 Jul 2014
Singapore Airlines had a bad start to its financial year, ending the first quarter with earnings down 70 percent as yields weakened in the face of intense competition from regional and Middle East airlines.
30 Jul 2014
ANA Holdings Inc.’s international cargo revenue surged nearly 20 percent year-on-year in the first quarter of fiscal year 2014.
30 Jul 2014
More shippers contracting with C.H. Robinson Worldwide shifted loads from railroad to highway in the second quarter after seeing intermodal rail service deteriorate.
DSV flags
30 Jul 2014
DSV today became the latest top 10 freight forwarder to post market-beating growth in ocean container traffic as the consolidation of the fragmented global logistics industry gathers pace.
29 Jul 2014
Blue Dart Express, India’s leading air express and logistics services provider, reported its net profit fell 16 percent in the first fiscal quarter.
29 Jul 2014
Japan Airlines Corp.’s group net profit tumbled 19.4 percent in the first quarter of fiscal 2014.