Air Cargo

Air Cargo

News & Analysis

30 Oct 2020
US shippers are opening contract talks early, extending existing agreements, and seeking short-term contracts to hedge against expected 2021 rate increases.
05 Apr 2012
Saudi Airlines Cargo will continue its expansion into developing markets later this month by boosting capacity into Bangladesh.
05 Apr 2012
Lufthansa Cargo will make a final decision on investment at Frankfurt airport this summer after a
04 Apr 2012
Freight carried by Asian airlines in February rose 7.8 percent from the same period in 2011, as an earlier Chinese New Year skewed year-over-year comparisons but couldn’t hide that traffic is do
04 Apr 2012
The Middle East and Asia-Pacific accounted for more than 40 percent total air cargo traffic last year, according to figures from Airports Council International.
04 Apr 2012
Saudi Airlines Cargo began weekly 747 freighter service to Ghana this week, expanding the Middle Eastern carrier’s freighter service network to seven African countries, according to reports.
04 Apr 2012
A German court today upheld a controversial ban on night flights at Frankfurt airport,
03 Apr 2012
International air freight traffic grew 5.1 percent February from a year ago, but the outlook for carg
03 Apr 2012
Lufthansa Cargo may sell its entire freighter fleet if a court upholds a ban on night flights at Frankfurt airport, the carrier’s chief executive warned.
02 Apr 2012
Global freight volume remains below pre-recession levels in the U.S.
02 Apr 2012
Dubai and Louisville were the major movers last year among the world’s top 20 busiest international cargo airports, according to preliminary figures for 2011 from Airports Council International.
02 Apr 2012
DSV said Italian trust busters reduced a fine related to the Danish trucking and logistics company’s acquisition of ABX Logistics by $5.2 million to $26.4 million.
02 Apr 2012
TNT Express, the Dutch parcel delivery company being taken over by UPS, said “mixed” economic conditions in Europe and slowing Asia-Europe trade volumes depressed its first quarter operati
30 Mar 2012
Expeditors International of Washington “vigorously denied” price-setting allegations that resulted in a $5.5 million fine from the European Commission.
30 Mar 2012
Air China and Cathay Pacific are extending their cooperation by establishing a joint venture ground handling company in Shanghai.
30 Mar 2012
Nippon Express Co., Japan’s largest international freight forwarder, said that it has acquired a 100 percent stake in U.S. logistics company Associated Global Systems, Inc.
29 Mar 2012
Cargolux reported a net loss of $18.3 million in 2011 from a $59.8 million profit in 2010, as Europe’s largest all-cargo airline battled record oil prices, higher leasing costs and excess capaci
28 Mar 2012
European antitrust officials on Wednesday fined 13 of the world’s largest logistics companies, including Kuehne + Nagel, Panalpina and UPS, a total of $225 million for fixing international air c
27 Mar 2012
FedEx Trade Networks is expanding its U.S. freight forwarding operations, opening offices in Phoenix, St. Louis, Mo., and Milwaukee, Wis.
23 Mar 2012
FedEx will pay $3 million to more than 21,000 rejected job applicants to settle allegations of hiring discrimination, the Labor Department said Thursday.
23 Mar 2012
Nippon Express Co., Japan’s largest international freight forwarder, said that its U.S. subsidiary has formed a capital alliance with Colombia’s Map Cargo S.A.S.
22 Mar 2012
DHL Express is expanding next-day package service between Asia and the U.S. and Western Canada with a new flight connecting Hong Kong and Los Angeles.
22 Mar 2012
Lufthansa Cargo plans to sell its 25 percent stake in Jade Cargo International, the China-based carrier that grou
22 Mar 2012
FedEx Corp.’s profit more than doubled during its fiscal third quarter, fueled by record holiday package shipping,
21 Mar 2012
Lufthansa Cargo is adding three new destinations in China and ramping up its recently launched freighter service to Detroit in the summer flight schedule beginning on March 25.
20 Mar 2012
The International Air Transport Association cut its forecast for global airline profits in 2012 by $500 million
19 Mar 2012
Cargo throughput at Hong Kong International Airport escalated last month, but managers say the spike was due to the timing of Chinese New Year rather than an export recovery in China.
19 Mar 2012
Saudi Airlines Cargo will expand its European freighter operation with the start of two new services.
19 Mar 2012
United Parcel Service on Monday agreed to acquire TNT Express, Europe’s second-largest package delivery company, in a $6.8 billion all-cash deal that will create the world’s biggest logist
16 Mar 2012
The Senate could vote as early as Tuesday on a jobs bill that includes an amendment reauthorizing the Export-Import Bank of the United States, John Hardy Jr., president of the Coalition of Employment
16 Mar 2012
Air cargo overcapacity remains an issue out of China despite recent new product launches, according to Lufthansa Cargo.
16 Mar 2012
Volga-Dnepr is awaiting anti-trust clearance for its planned acquisition of Air Cargo Germany, which will significantly boost the Russian cargo airline’s presence in Europe’s largest air f
16 Mar 2012
United Parcel Service on Friday said it remains in “constructive” talks to take over TNT Express and plans to submit a formal offer for Europe’s second-largest package delivery compa
16 Mar 2012
Public less-than-truckload carriers posted a slight operating profit in 2011 after three years of operating losses.
15 Mar 2012
Lufthansa Cargo’s operating earnings fell to $326 million in 2011 from a record $406 million in 2010, but it was the German airline’s second-best performance, achieved in the face of slump
14 Mar 2012
DHL said the $47 million expansion of its U.S. hub at the Cincinnati/Northern Kentucky airport will provide parcel customers with an extra 193,000-square-feet of capacity.