Air Cargo

Air Cargo

News & Analysis

11 Aug 2020
Severely limited air cargo capacity has forced airlines to scrap many block space deals held with forwarders at a time when spot rates on the major east-west trades are at high levels.
08 Nov 2010
FedEx Trade Networks, pushing deeper into the ocean forwarding business, is adding five stations in Europe, including an office at the Port of Antwerp, the company announced Monday.
08 Nov 2010
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08 Nov 2010
TNT, the Dutch postal and express group, Nov. 8 rebuffed an ultimatum it dubbed irresponsible by labor unions for cuts in planned layoffs.
08 Nov 2010
Worldwide shipments of personal computers grew 7.6 percent in the third quarter over last year, falling short of earlier projections thanks in part to lackluster growth in the United States, according
08 Nov 2010
DHL Express is ready to grow again after a radical restructuring prompted by its exit from the U.S. domestic market, the head of the Deutsche Post subsidiary said.
08 Nov 2010
The European Union is expected to fine several major airlines hundreds of millions of dollars this week for fixing international freight rates.
08 Nov 2010
A pound of pentaerythritol tetranitrate — PETN — isn’t enough to bring down a target the size of the World Trade Center, but it’s plenty to blow a plane out of the sky.
05 Nov 2010
The JOC Week in Review for November 5 gives you the highlights of top news stories from this week, and also a preview of the Nov. 8 edition of the Journal of Commerce.
05 Nov 2010
The European Union Nov. 5 gave its security experts a month to draw up tighter air cargo security measures in the wake of two foiled bomb plots on U.S.-bound flights.
05 Nov 2010
United Parcel Service and the Independent Pilots Association, the collective bargaining unit for its 2,800 pilots, Thursday signed a memorandum of understanding that establishes joint UPS/IPA Safety a
05 Nov 2010
The UK introduced tougher security checks on air cargo shipments from the Middle East, south Asia and North Africa following last week's
04 Nov 2010
Qantas Airways and Singapore Airlines are grounding their superjumbo A380 aircraft after part of an engine on a Qantas flight appeared to tear apart in flight.
04 Nov 2010
Panalpina will pay $81.9 million in fines and penalties to settle charges in the United States that it violated bribery laws, capping a case that led to management changes at one of the world's larges
04 Nov 2010
European Union explosive experts will meet Nov. 5 to examine new measures to tighten air cargo security. /air-expedited/ups-planes-grounded-searched-suspicious-packages
04 Nov 2010
One of the parcel bombs sent out of Yemen through air cargo carriers was defused 17 minutes before it was set to explode, according to France’s interior minister.
04 Nov 2010
Panalpina, the Swiss global forwarding and logistics group, reported third quarter profit jumped 13 percent from a year ago driven by strong growth in ocean and air freight traffic.
03 Nov 2010
Nippon Express earned net profit of $52.68 million in the six months to the end of September, an improvement of just 0.4 percent on the year earlier period.
03 Nov 2010
Homeland Security Secretary Janet Napolitano assured major air express carriers she is committed to working together with them on "enhanced screening and preventative measures" after last we
03 Nov 2010
The air cargo industry has a "compressed" window of opportunity to develop measures to counter the threat of terrorism after authorities
03 Nov 2010
Stronger demand, improved yields and higher prices powered a 130 percent surge to $33.8 million in net profit for Atlas Air Worldwide Holdings in the third quarter.
03 Nov 2010
UPDATE 5:55 p.m.: Greek authorities said Wednesday that recent bombing are not connected to al-Qaeda or international terrorism, but are instead the work or domestic terrorists.
03 Nov 2010
The UK's Royal Mail reported first half profit slumped 72 percent from a year ago as losses at its core domestic mail unit outweighed improved earnings at its European logistics and international parc
03 Nov 2010
Strong demand that led to a record operating margin pushed Expeditors International of Washington to a $96.1 million net profit in the third quarter, 66 percent better than the same quarter a year ago
03 Nov 2010
FedEx will buy India package and freight delivery specialist AFL and its affiliate company Unifreight India, sharply stepping up the company’s investment in one of the world’s fastest growing economie
03 Nov 2010
Aircraft manufacturer Boeing, showing strong confidence in air freight demand after the longest downturn in the industry’s history, says world air cargo traffic will return to its 2007 peak by the end
02 Nov 2010
The U.S. Postal Service announced a 3.6 percent overall price increase for all shipping services starting in January.
02 Nov 2010
The Netherlands joined the United States, United Kingdom and other countries on Tuesday in suspending mail and cargo shipments from Yemen.
02 Nov 2010
Ferrovial, the Spanish construction group that owns London Heathrow airport, agreed to sell Swissport International, the world's largest air cargo ground services company, to a French leveraged buyout
02 Nov 2010
The International Air Transportation Association on Tuesday warned that governments should not take rash actions to address aviation security following the
02 Nov 2010
All Nippon Airways will pay $83.4 million to the U.S. government and certain freight forwarders to settle charges the Japanese airline took part in a global price-fixing conspiracy.
02 Nov 2010
Emirates Sky Cargo, the freight unit of Dubai-based airline Emirates, boosted first half revenue 48.4 percent from a year ago to $1.2 billion.
01 Nov 2010
UPS announced a 4.9 percent rate hike in January for domestic ground packages and air express shipments in the U.S., the company said Monday.
01 Nov 2010
The UK banned unaccompanied freight from Somalia, extending after Nov.
01 Nov 2010
TNT, the Dutch global express and postal group, reported third quarter earnings fell 24 percent from a year ago on lower mail earnings, higher costs and pricing pressures.
01 Nov 2010
The Transportation Security Administration deployed a team of inspectors this week to Yemen to help in the screening of outgoing cargo on passenger and cargo airlines.