Air Cargo

Air Cargo

News & Analysis

02 Dec 2022
Dismal November air cargo data has all but assured a weak end to 2022 with no sign of a seasonal uplift in demand or rate levels from an oversupplied market.
08 May 2014
Profits in international forwarding are becoming increasingly squeezed as competitors drop prices to gain volumes and as underlying rates remain weak due to overcapacity and slowing growth in both ocean and air markets.
08 May 2014
A trend in shipping from air to ocean that has cost the air cargo industry 2 percentage points of average annual growth since 2000 has now resulted in a meaningful expansion of the ocean reefer market, but only a miniscule increase in total container volumes.
07 May 2014
Excess capacity and competition will keep pressure on pricing for air cargo carriers despite stronger growth.
06 May 2014
Lufthansa Cargo said it will expand its “lucrative “express products business in 2014 as first quarter profit declined 25 percent year-on-year in a stalling global air freight market.
05 May 2014
The global air cargo market has stalled but could start to grow again in the coming months due to rising export orders in the U.S. and Europe, according to the International Air Transport Association. But the stalled market is increasing the pressure on air cargo to deliver a stronger value proposition.
04 May 2014
Japan’s leading air carriers saw their profits drop in fiscal year 2013, which ended on March 31, despite rising cargo revenue, as fuel costs surged thanks to a weakening of the yen.
02 May 2014
Cargolux swung to an $8.4 million net profit in 2013 from a $35.1 million loss a year earlier as freight volume hit an all-time high, but the all-cargo carrier cautioned market conditions are unlikely to improve this year.
01 May 2014
AirBridgeCargo Airlines, Russia’s largest all-cargo carrier, posted its strongest-ever quarter, with traffic growing 9 pe
Drewry East-West Air Freight Price Index rose 6.1 percent year-over-year in March.
29 Apr 2014
In March, the East-West Air Freight Price Index, as reported by Drewry, rose 6.1 percent year-over-year and 6.8 percent from February, following three consecutive months of year-over-year and month-to-month declines.
29 Apr 2014
TNT Express posted lower revenue and operating income in the first quarter on a mix of adverse currency movements, the sale of its domestic Chinese business and the pruning of unprofitable contracts.
Cargolux freighter
25 Apr 2014
Cargolux said its shareholders approved a $175 million increase in its share capital to strengthen the Luxembourg-based all-cargo carrier’s finances and help fund the expansion of its freighter fleet and route network.
22 Apr 2014
Express delivery in China resulted in 2.6 billion deliveries in the first quarter, up 51.9 percent year-on-year, Xinhua reported.
22 Apr 2014
Japan’s containerized cargo trade will remain almost unchanged in fiscal 2014, which started on April 1, from the previous fiscal year, a Tokyo-based research firm predicted in a new report.
22 Apr 2014
Air cargo’s positive start to the year has buoyed spirits in an industry anxious to find profitability amid weak yields and an excess of capacity.
15 Apr 2014
Sharply higher shipments to China and India helped Etihad Airways boost its freight traffic in the first quarter by 26 percent to an all-time high.
Alitalia plane
11 Apr 2014
Etihad Airways is on the verge of buying a 49 percent stake in Italy’s financially troubled national airline Alitalia in a move that would increase the Abu Dhabi-based carrier’s access to Europe’s second largest air freight market.
10 Apr 2014
Lufthansa Cargo carried 2.6 percent less freight in March compared with a year ago, but it said the global market shows some signs of recovery as it posted higher revenue and an improved load factor.
04 Apr 2014
As more shippers shift freight from express to deferred services or even to ocean vessels to better manage inventory and cut logistics costs, it’s natural to come to the conclusion that the air cargo industry is in a tailspin. Industry leaders, including FedEx founder and CEO Frederick W. Smith, describe a price-service flashpoint that favors slower means of transport and warn of growing protectionism. The rise of near-shoring and near-sourcing shortens supply chains, reducing the need for long-distance air transport.
03 Apr 2014
HONG KONG –– Supply chain security is being threatened by the fast growing e-commerce market, which is generating huge vo
03 Apr 2014
DHL Global Forwarding, named on April 1 by Singapore’s competition watchdog as one of 11 forwarders involved in 2002 to 2007 price-fixing of Japan to Singapore shipments, said the economic effects of its activities were “minimal.”
02 Apr 2014
Global air freight traffic grew 2.9 percent in February from a year ago, extending and strengthening the recovery that began in the second half of 2013, the International Air Transport Association reported.
01 Apr 2014
Descartes Systems Group has acquired Computer Management USA to expand its software as a service offering for logistics clients, particularly those in the U.S. air freight industry.
01 Apr 2014
Forget about steady growth in the air cargo markets. That was the blunt advice given by Denis Ilin, executive president of AirBridgeCargo Airlines, at an air cargo conference in Hong Kong today. In the best-case scenario, growth is going to be flat.
01 Apr 2014
Transportation writer Greg Knowler joined the JOC today as senior editor for Asia.
Lufthansa Cargo plane
31 Mar 2014
Lufthansa Cargo’s services face severe disruption beginning tomorrow as pilots across the German airline stage a three-day strike.
19 Mar 2014
The global air cargo business has been losing market share to ocean freight over the past 13 years as shippers seek less costly transport solutions in ocean freight.
DHL Boeing 757
14 Mar 2014
The world’s largest transportation and logistics company is getting larger as demand for e-commerce, time definite international express delivery and supply chain services drives up revenue and profit at Deutsche Post DHL.
Lufthansa Cargo
13 Mar 2014
Lufthansa Cargo’s earnings slumped 27 percent in 2013, but it was one of the few airlines that turned a profit in a subdued global air freight market.
Air freight
13 Mar 2014
With more shippers choosing to defer shipment to delayed air services, ground and even ocean transport, the air cargo industry needs to respond boldly...
From left: Susan Pellechio, Staples; Mark D. Schweitzer, Archer Daniels Midland; and John Bowe, American Maritime Group.
07 Mar 2014
LONG BEACH, CALIF. — The transportation and logistics industry is dealing with “significant” issues surrounding human capital and succession planning...
Air cargo being loaded on an Emirates plane.
06 Mar 2014
Global air cargo surged 4.5 percent in January from a year earlier, driven by solid growth across all regions, but rising protectionism could clip growth, the International Air Transport Association said.
Frederick W. Smith, chairman, president and CEO of FedEx, speaking at the JOC's TPM conference in Long Beach, Calif.
03 Mar 2014
LONG BEACH, Calif. — Ocean shipping lines will grab even more freight from airplane cargo bellies, as international shippers shift freight toward lower cost transportation options, according to Frederick W. Smith, chairman, president and CEO of $45 billion transport operator FedEx.
03 Mar 2014
The latest figures from Asia’s airlines confirm that air cargo demand got off to a solid start in 2014.
03 Mar 2014
Kuehne+Nagel’s operating earnings soared 20 percent in 2013 driven by market-beating growth in air freight volumes, almost doubled contract logistics profit and increased market share on the transpacific and transatlantic container trades.
03 Mar 2014
International Airlines Group posted a double-digit decline in fourth quarter and full-year cargo revenue as soft demand and lower yields widened the gap with the Anglo-Spanish carrier’s reviving passenger operations.