Air Cargo

Air Cargo

News & Analysis

03 Jul 2020
There were encouraging signs for air cargo in June, but uncertainty over demand patterns and available capacity is clouding the industry outlook through the summer.
29 Aug 2015
China Southern Airlines reported a stunning first half with cargo volume rising 10 percent overall and belly hold freight growing 27.6 percent compared to the first half of last year.
28 Aug 2015
Strong passenger demand among airlines is working against air cargo as it drives up capacity that cargo divisions are unable to fill in a weak air freight environment and creates strong downward pressure on rates.
28 Aug 2015
Weak Asian demand pulled down cargo traffic at Amsterdam Airport Schiphol in the first six months of the year, another sign of how China’s slowing economy is curbing shipments of high-value products such as electronics and auto parts.
28 Aug 2015
The International Air Transport Association director general and CEO Tony Tyler will retire in June next year after serving five years in the position.
28 Aug 2015
Air cargo demand among Asian carriers weakened in July as demand for exports fell along with global trade, according to the latest data from the Association of Asia Pacific Airlines (AAPA).
28 Aug 2015
Air China Cargo turned around its financial fortunes in the first half of the year with a 23.5 percent increase in freight carried on the airline’s network taking the mainland’s flag carrier to a $17 million net profit.
25 Aug 2015
Nippon Express Co., Japan’s largest international freight forwarder, is investing heavily in Southeast Asia, particularly Vietnam, to position itself favorably ahead of the inauguration of the ASEAN Economic Community at the end of the year.
24 Aug 2015
Shura Bary, principal at The Bary Group, a public relations firm that represented some of the largest airfreight companies in the industry, died Aug. 6 in his San Francisco home from complications of Type 1 diabetes. He was 85.
12 Aug 2015
Nippon Express Co., Japan’s largest international freight forwarder, has reached a key milestone in its Asia strategy with the launch of a time-saving truck service between Kunming, the capital city of Yunnan province in southern China, and Bangkok, Thailand’s capital.
11 Aug 2015
London Heathrow’s cargo traffic decreased by 5.4 percent in July from a year ago but the airport urged the government to approve an expansion of the airport to keep pace with growing trade with emerging markets.
11 Aug 2015
Nippon Express Co., Japan’s largest international freight forwarder, said that it has bought the remaining 5 percent of Nippon Express (China) still held by a Chinese partner to speed up the decision-making process. Those decisions center on adjusting to China's rapidly changing logistics business environment, wherein manufacturers are shifting their operations further inland, necessitating greater inland penetration by international logistics firms.
09 Aug 2015
Perishables and pharmaceuticals — among the most lucrative segments of the air cargo because of the time-sensitive nature of their delivery — are at the forefront of air carrier plans to bolster revenue.
07 Aug 2015
Frankfurt airport, Europe’s largest air freight hub, posted another monthly decline in traffic in June, tracking slowing growth at its largest customer, Lufthansa Cargo.
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.