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.
05 May 2011
John Mica, R-Fla., chairman of the House Transportation and Infrastructure Committee, expressed confidence on Thursday that Congress will complete a bill that authorizes the Federal Aviation Administr
04 May 2011
Panalpina Group reported double-digit growth in profit during the first quarter and said it expects air and ocean freight markets to rise 5 to 7 percent this year.
03 May 2011
Atlas Air Worldwide Holdings saw its net profit fall more than two-thirds in the first quarter amid rising costs and falling military charter revenue, but the freight airline said Tuesday it still exp
03 May 2011
International air freight traffic grew 3.7 percent in March over the same month a year ago despite a decline in shipping in Asia following the Japanese
02 May 2011
Carriers and ports notched up their security programs Monday morning following the announcement that U.
02 May 2011
Qatar Airways said it expects to reach agreement in the coming weeks to acquire a 33 percent stake in the largest European all-cargo carrier Cargolux.
29 Apr 2011
Alabama and other states nearby are trying to clear away debris that hampers transportation systems and to restore power to businesses and homes, following a devastating tornado outbreak this week tha
28 Apr 2011
Japan's All Nippon Airways posted a net profit of $284.15 million in fiscal 2010, which ended on March 31, compared with a net loss of $698.78 million in the previous fiscal year.
27 Apr 2011
A federal grand jury in Chicago indicted two former Air France Cargo executives on charges of conspiring to fix international air freight rates.
27 Apr 2011
UPS officials say they have seen "minimal" resistance from shippers in raising prices for domestic package services so far in 2011.
26 Apr 2011
UPS’s profit soared 66 percent in the first quarter to $885 million, and the parcel giant issued a glowing outlook for the full year on Tuesday, raising its earnings projections 24 percent to record a
25 Apr 2011
Forward Air more than doubled its profit in the first quarter, raising net income 132.4 percent year-over-year to $7.9 million.
25 Apr 2011
Lambert-St.
22 Apr 2011
Italy's Justice Ministry took over the operation of six TNT Global Express subcontractors that have been infiltrated by a mafia organization.
21 Apr 2011
The U.S.
19 Apr 2011
Cargolux is in talks about the sale of a stake to a strategic investor amid reports Qatar Airways wants to acquire a minority shareholding in the European all-cargo carrier.
18 Apr 2011
Heathrow airport cargo workers are voting Monday on strike action in a dispute over the use of agency staff and new labor contracts.
18 Apr 2011
Kuehne + Nagel boosted first quarter net income almost 18 percent from a year ago as it gained market share in all business units.
15 Apr 2011
Transportation Security officials were no-shows at a hearing Thursday on transportation worker credentialing, but Rep.
13 Apr 2011
U.S. Rep. John L. Mica, R-Fla., Chairman of the House Transportation and Infrastructure Committee, blasted the Federal Aviation Administration's response to a spate of air traffic control problems.
13 Apr 2011
Freight traffic at Los Angeles International Airport fell 5.7 percent in February in a new signal that the strong r
13 Apr 2011
The Federal Aviation Administration is placing an additional midnight shift air traffic controller at 27 control towers, effective immediately, in the wake of situations in which controllers at some l
13 Apr 2011
Japan's All Nippon Airways said its international cargo volume rose for the 18th consecutive month in February on a year-on-year basis, increasing 11.3 percent to 34,123 tons.
13 Apr 2011
Sendai Airport reopened for commercial flights Wednesday as a Japan Airlines flight touched down with about 120 passengers from Haneda Airport in Tokyo.
12 Apr 2011
Frankfurt airport cargo volume dropped in March for the first time in 18 months as the earthquake and tsunami in Japan cut traffic with a key market.
12 Apr 2011
A Federal Court in Melbourne, Australia, ordered Japan Airlines to pay a fine worth $5.8 million in U.S. funds for violating Australian anti-trust law in its international cargo operations.
12 Apr 2011
Cargo volume at London Heathrow Airport slipped 1.9 percent in March, the second year-over-year decline at the gateway in the past four months.
12 Apr 2011
Lufthansa Cargo boosted freight volume 17.8 percent in March from a year ago as sharply higher German exports and strong growth in the Americas extended the recovery at Europe’s largest cargo ai
11 Apr 2011
Qatar Airways will add three 777 freighters to its fleet, the carrier announced Monday, speeding up the expansion of all-cargo capacity in the fast-growing Middle East market.
11 Apr 2011
International Airlines Group, formed by the merger of British Airways and Iberia, announced it will run the carriers' cargo operations as a single business unit.
08 Apr 2011
TNT, the Dutch mail and express company, said it will proceed with plans to spin off its express division in May despite a
08 Apr 2011
Worldwide spending on semiconductor capital equipment soared 143 percent in 2010, according to a research report that pointed to a strong turnaround in production for a key market for expedited shippi
07 Apr 2011
All-cargo carrier Nordic Global Airlines will begin operations with long haul MD-11 freighter flights from Europe later in the year.
07 Apr 2011
Japan's sea and air cargo exports will sink between 4 percent and 5 percent in the first half of fiscal 2011 from a year earlier in the wake of the devastating
06 Apr 2011
Aircraft mechanics represented by the International Brotherhood of Teamsters Wednesday voted overwhelmingly to ratify a labor agreement with UPS.