Air Cargo

Air Cargo

News & Analysis

13 Jul 2020
By launching a door-to-door, less-than-truckload business in Savannah, Forward Air is adding more freight and building density in its airport-to-airport network.
04 Aug 2010
Cargolux is making a weekly flight to Riyadh. The frequency expands services to Saudi Arabia in addition to the carrier’s twice-a week service to Dammam.
04 Aug 2010
The Transported Asset Protection Association recognized the DHL Express hub at the Cincinnati/Northern Kentucky Airport for meeting the group’s standards for cargo security.
04 Aug 2010
Swiss logistics group Panalpina reported higher second-quarter volume, rates and operating profit but posted a net loss after setting aside $123 million for an expected settlement of a U.S.
03 Aug 2010
FedEx Trade Networks, an ocean and air freight forwarding subsidiary of FedEx Corp., opened offices in Rotterdam, Netherlands, and Hamburg and Frankfurt, Germany, boosting worldwide expansion plans la
03 Aug 2010
Freight traffic at Los Angeles International Airport grew 25.1 percent in the first half of the year, but the tonnage growth slipped back in June in a sign that the air cargo recovery is leveling off.
03 Aug 2010
Atlas Air Worldwide Holdings more than tripled its net profit to $32.8 million in the second quarter on strong demand for chartered aircraft in the resurgent global air cargo market, the freighter ope
03 Aug 2010
Deutsche Post reported sharply higher second quarter profit and raised its full-year forecast because of higher profits at DHL, which CEO Frank Appel said has become the company’s “growth
02 Aug 2010
The U.S.
02 Aug 2010
Dutch postal and express group TNT announced it will separate its mail and express businesses by the start of next year.
02 Aug 2010
Soaring air and ocean freight shipping pushed net profit at Expeditors International of Washington up 67 percent to a record $90.3 million in the second quarter, the forwarder said Monday.
02 Aug 2010
Nippon Express, Japan's largest freight forwarder, suffered a net loss of $24 million in the April-June period, compared with a net profit of $26.24 million a year earlier.
02 Aug 2010
More than halfway into a year that’s been a seller’s market for freight transportation of all kinds, the surge in ocean container rates may be losing steam.
30 Jul 2010
Delta Air Lines will pay a $38 million fine to settle charges that the cargo business it bought with Northwest Airlines took part in a global conspiracy to fix air freight prices, the U.S.
30 Jul 2010
Japan’s All Nippon Airways said Friday that its group revenue from its international cargo operations soared 94.5 percent in the April-June quarter from a year earlier to 20.0 billion yen.
30 Jul 2010
British Airways will add three 747-8 freighters, Boeing’s latest-generation aircraft, to its fleet, dramatically scaling up its capabilities in a cargo business that expanded more than 36 percen
30 Jul 2010
The Express Delivery and Logistics Association will host an air cargo pavilion at the National Industrial Transportation League’s TransComp, its annual conference, the groups announced Friday.
30 Jul 2010
Major Japanese international freight forwarder Yusen Air & Sea Service said that it posted a net profit of 1.163 billion yen ($13.4 million) in the April-June period on a consolidated basis, compa
30 Jul 2010
Striking truck drivers in Greece will consider proposals to end their five-day protest Friday, after defying a Greek government order to return to work.
30 Jul 2010
Average air freight prices out of Asia fell 10.3 percent in June from the month before as airlines brought capacity back into the growing international market, according to the latest Drewry Air Freig
29 Jul 2010
Congress is headed toward the 15th extension of authorizing legislation for the Federal Aviation Administration since the law expired in September 2007.
29 Jul 2010
South African antitrust regulators called for seven airlines to be fined 10 percent of their annual local revenue for fixing fuel surcharges and freight rates for cargo flown in and out of the country
29 Jul 2010
American Airlines will pay $5 million and provide evidence to shipper attorneys to settle a civil complaint that the airline took part in a conspiracy to fix cargo prices.
29 Jul 2010
Lufthansa, Europe’s second largest airline, reported a record profit of $187 million on its cargo operations, driven by surging freight volumes on its Americas and Asia/Pacific networks and inte
28 Jul 2010
World trade by sea, land and air will grow by 8.1 percent in 2010 after declining by 7.2 percent last year, according to a forecast published by IHS Global Insight.
28 Jul 2010
Orders to U.S. factories for big-ticket manufactured goods dropped 1 percent last month, the second straight monthly decline and the largest drop since August 2009, the Commerce Department said.
28 Jul 2010
Deutsche Bahn, the German railway and logistics group, boosted first half profits by over 26 percent from a year ago driven by a 40 percent surge in rail freight volumes and significantly higher air a
28 Jul 2010
Global air cargo traffic jumped by 26.5 percent in June from a year ago and remains 6 percent above the pre-recession peak of early 2008, the International Air Transport Association said.
28 Jul 2010
Air France-KLM swung to a modest operating profit in its fiscal first quarter from a steep year-earlier loss, excluding the impact of an Icelandic volcanic, eruption due to a strong recovery in cargo
27 Jul 2010
London – European Union competition regulators unconditionally cleared a planned merger between United Airlines and Continental Airlines that will create the world’s largest airline.
27 Jul 2010
A Lufthansa Cargo MD-11 freighter crash landed Tuesday as a fire broke out in the cargo compartment while the plane was on approach Riyadh airport in Saudi Arabia.
26 Jul 2010
Singapore Airlines reported a US$44.1 million operating profit for its cargo business in the quarter ending June 30, with strong improvement in volume and pricing bringing the freight operations back
26 Jul 2010
FedEx raised its projected earnings forecast for the current quarter on Monday, saying demand for international air express shipping is accelerating.
23 Jul 2010
UPS says it is seeing some ocean freight shipments switch to air because of an “ocean squeeze” on capacity, and the company expects more shippers to move to expedited transport as demand i
23 Jul 2010
The new UK government set a two to three year timetable for the full or partial privatization of Royal Mail, the national postal and parcel delivery service.
23 Jul 2010
IATA e-freight for domestic shipments is now live at 58 U.S. airports.