Air Cargo

Air Cargo

News & Analysis

16 Oct 2020
Limited air cargo capacity is colliding with strengthening demand, as technology product launches compete for space with general cargo and medical equipment.
06 Aug 2015
Expeditors International made more gains in air freight and ocean container volume in the second quarter, despite the fading impact of the West Coast port crisis, which gave trans-Pacific air cargo more lift. That helped the forwarder boost both net revenue and profit.
05 Aug 2015
IAG Cargo has indefinitely extended the capacity partnership agreement with Qatar Airways that marked the Anglo-Spanish carrier’s exit from freighter operations a year ago.
05 Aug 2015
The slowing growth rate in global air cargo demand continued into June with volume inching up just 1.2 percent from a year ago, according to the International Air Transport Association.
05 Aug 2015
Lufthansa Cargo and its affiliate Swiss WorldCargo are introducing a new simplified pricing system for the winter season in response to “the volatility of external cost factors.”
04 Aug 2015
Nippon Express Co., Japan’s largest international freight forwarder, saw its group net profit soar in the first quarter of fiscal 2015 on the back of robust international revenue growth driven by the weak yen and increased air cargo traffic.
03 Aug 2015
FedEx and TNT Express said they still expect to merge in the first half of 2016 despite the European Commission’s decision to launch an in-depth investigation of the US firm’s 4.4 billion euro ($4.8 billion) acquisition of its smaller Dutch rival.
03 Aug 2015
China’s HNA group is in a bid battle for Avolon, one of the world’s largest aircraft lessors, just days after agreeing the $2.8 billion acquisition of Swissport, the world’s largest airport cargo handler.
01 Aug 2015
Of the top-50 air cargo traffic streams outside the trans-Pacific market, only three city pairs recorded a positive revenue development in the first half: Nairobi-Amsterdam, Chicago London and Mumbai-London, according to the latest market information from WorldACD.
31 Jul 2015
The European Union has opened an investigation into FedEx’s efforts to acquire TNT Express on the grounds that there would be insufficient competition in the market.
31 Jul 2015
IAG Cargo’s revenue grew 8.8 percent in the second quarter as favorable exchange rate movements offset lower traffic and a flat load factor.
30 Jul 2015
Japan Airlines Corp.’s revenue from cargo operations grew faster than overall revenue in the first quarter of fiscal 2015, helping the carrier’s net profit surge 120.7 percent in the April-June quarter from the same three-month period last year to 32.6 billion yen ($263 million) on a consolidated basis.
30 Jul 2015
Blue Dart Express, India’s leading air express and logistics service provider, posted a big jump in net earnings in the first fiscal quarter, as income from operations increased significantly, driven by new business strategies.
30 Jul 2015
Lufthansa Cargo’s five-year winning streak ended abruptly in the second quarter as it slumped to a 68 million euros ($74.8 million) operating loss from a 20 million euro profit a year ago.
29 Jul 2015
ANA Holdings Inc. saw its group net profit more than double year-over-year in the first quarter of fiscal 2015, which started in April, despite weaker revenue from cargo operations.
27 Jul 2015
IAG Cargo and Finnair Cargo have signed an agreement to share space on a freighter service between London Luton and Helsinki airports as the two carriers map out a new strategy following their decision not to operate their own cargo aircraft.
27 Jul 2015
TNT Express posted a 6.2 percent increase in second-quarter revenue, driven by a stronger dollar and growing business from small and medium-sized customers.
27 Jul 2015
Air France-KLM’s cargo business is sinking deeper into the red as its second-quarter operating loss soared to 78 million euros ($86 million) from 45 million euros a year ago despite desperate cost-cutting measures.
27 Jul 2015
The slack season has hit the air cargo business hard this year with no sign of any improvement on the major trades as momentum steadily drains out of the market and freight rates tumble to new lows.
23 Jul 2015
22 Jul 2015
China’s busiest air cargo terminal in Shanghai continued its record-breaking run this year, posting the strongest first-half result in the company’s history.
20 Jul 2015
The European Shippers’ Council adamantly opposed UPS’ proposed takeover TNT Express, but the group has no qualms with FedEx buying the ailing parcel provider for $4.8 billion.
16 Jul 2015
UPS expanded the insurance and logistics services it offers shippers of high-value cargo such as jewelry by acquiring Insured Parcel Services from G4S, a global integrated security company.
15 Jul 2015
UPS added eight origin and five destination countries to its expedited Worldwide Express Freight service, which now serves 58 countries. The service focuses on urgent, heavy-weight palletized freight.
14 Jul 2015
The air freight momentum generated by a solid first quarter has been well and truly lost with the world’s market leader reporting flat growth in June and falling load factors.
13 Jul 2015
Shippers seeking damages from cargo airlines accused of price-fixing have been granted class-action status, allowing hundreds of thousands of people to seek damages against the airlines.
09 Jul 2015
Lufthansa Cargo’s traffic shrank in June as the German carrier failed to sell all of its extra capacity, pushing its load factor close to a six year low as it braces for more pilot strikes.
09 Jul 2015
IAG Cargo has reported huge growth out of Kuala Lumpur to North America, Africa and the Middle East this year and expects that to continue following the launch of direct services to the Malaysian capital in the middle of the year.
08 Jul 2015
One of the world’s largest air cargo handler Worldwide Flight Services has announced plans to acquire a majority stake in the German Fraport Cargo Services, further expanding its reach into the European market.
08 Jul 2015
The International Air Cargo Association (Tiaca) has welcomed the World Customs Organization’s adoption of advance cargo information data that is aimed at improving the industry’s risk profile by adding an additional layer of security.
08 Jul 2015
Summer is known as the mean season in Florida, but that description could just as easily apply to the container shipping and air cargo industries as they face up to a gloomy third quarter.
06 Jul 2015
The world’s insatiable appetite for civilian drones was evident in China’s trade figures that showed 160,000 units of civilian drones worth $120 million were exported from January through May this year.
03 Jul 2015
Air cargo carriers have low expectations for the summer months but are expecting a traditional fourth-quarter peak season to lift volumes and help counter excess capacity and falling yields.
01 Jul 2015
Global air cargo traffic grew 2.1 percent in May from a year ago, the lowest monthly increase in 2015, as volume contracted in North and South America and Europe, according to the International Air Transport Association.
01 Jul 2015
Freight forwarders and logistics providers today hailed a government-appointed commission’s call for a third runway to be built at London Heathrow airport, Europe’s fourth largest air cargo hub.
30 Jun 2015
The UK’s air freight shippers are nervously awaiting the publication of a long-delayed report that will recommend either London Heathrow or nearby Gatwick as the best site for a new runway in the crowded southeast of the country.