Air Cargo

Air Cargo

News & Analysis

16 Sep 2020
The acquisition of CLW Delivery gives expedited trucking operator Forward Air custom final-mile delivery services and new territory, as its LTL and final-mile businesses converge.
03 Mar 2015
The global air cargo market got off to a sluggish start in 2015, with traffic up 3.2 percent year-over-year in January as lower volumes on European and North and South American routes offset strong growth in the Asia-Pacific region.
01 Mar 2015
Air cargo leaving India has been hit with severe delays because of poor weather and the lingering impact of U.S. West Coast port congestion on world trade, according to a U.S. freight forwarder specializing in air and ocean freight in the Far East.
27 Feb 2015
International Airlines Group’s cargo revenue declined 7.5 percent in 2014 from the previous year, largely because the owner of British Airways and Iberia quit freighter operations.
26 Feb 2015
Freight forwarder Expeditors International saw air freight volume soar in the fourth quarter, reaching a 19 percent year-over-year increase in December, as shippers tried to fly over West Coast port gridlock.
24 Feb 2015
Trans-Pacific air freight markets will continue to benefit from shipper demand as U.S. ports take several months to clear the backlog of containers that stacked up during the protracted waterfront labor dispute between terminals and the union.
19 Feb 2015
Air France-KLM’s cargo losses widened to 212 million euros [US $242 million] in 2014 from 202 million euros in the previous year as a two-week pilots’ strike compounded the impact of a weak global airfreight market.
TNT Express plane being unloaded
17 Feb 2015
TNT Express slumped to a 137 million euros [US $156 million] net loss in the fourth quarter of 2014 from a 32 million euros profit in the same period in 2013, driven mainly by restructuring charges tied to an abortive takeover bid by its larger rival, UPS, two years ago.
Atlas Air 747-400 Freighter
17 Feb 2015
Panalpina has signed a new five-year agreement with Atlas Air under which it will switch one of the two 747-8 freighters wet leased — an arrangement where crew, maintenance and insurance are also provided — from the U.S. firm to scheduled charters.
16 Feb 2015
Solid freight demand from North American markets saw Cathay Pacific and sister airline Dragonair get the year off to a good start and allowed the carrier to operate an almost full freighter schedule in January.
13 Feb 2015
Shippers between Nairobi and the global flower hub of Amsterdam chartered at least 1,500 tons of additional air freight capacity in the two weeks leading up to Valentine’s Day to ship in flowers from Africa.
12 Feb 2015
With less than a week to the Chinese New Year factory shutdowns and congestion delays frustrating trans-Pacific shippers, DHL is ensuring it has enough air cargo space on its U.S. routes to handle the rising demand.
11 Feb 2015
DHL Global Forwarding has opened its new Shanghai warehouse with an $18 million investment in 17,200 square feet of cold storage facilities for life sciences and healthcare customers.
10 Feb 2015
Spain’s state-owned airports operator Aena will make its debut on the Madrid Stock Exchange Wednesday in the country’s biggest initial public offering since 1997.
04 Feb 2015
It was no surprise to find air cargo executives at the WCA Worldwide forwarders conference in Hong Kong lobbying for more shippers and forwarders to send their cargo via air, but the U.S. port congestion provided a helpful marketing tool.
04 Feb 2015
Saia's $25 million purchase of LinkEx, an intermodal logistics firm with international and domestic U.S. business, reflects growing interest in global freight among U.S. LTL carriers.
04 Feb 2015
Global air cargo traffic grew by 4.5 percent in 2014, boosted by a rebound in trade that ended several years of stagnation, the International Air Transport Association said.
03 Feb 2015
Nippon Express Co., Japan’s top international freight forwarder, posted a big jump in group net profit in the first three quarters of fiscal 2014, as revenue from overseas operations grew robustly, helped by a weaker yen.
03 Feb 2015
The highly public spat between Alibaba Group and China regulators over allegations of counterfeit or misdeclared goods being sold via the Internet giant’s online platform has again highlighted supply chain safety and security concerns faced by logistics providers and airlines transporting the e-commerce products.
31 Jan 2015
Blue Dart Express, India’s leading air express and logistics service provider, reported a 19 percent rise in net income to Rs. 27.13 crore (US $4.4 million) for its third quarter, which ended Dec. 31.
30 Jan 2015
Shrugging off the economic downturn in its home market, Russia’s AirBridgeCargo Airlines boosted traffic 17.6 percent in 2014, its 10th anniversary, even as leading Western airlines continued to downsize their freighter operations.
30 Jan 2015
Japan Airlines reported a 3.1 percent year-over-year drop in group net profit for the first three quarters of fiscal 2014, to 119.684 billion yen (US$1.01 billion), despite a nearly double-digit rise in international cargo revenue.
30 Jan 2015
ANA Holdings’ international cargo revenue surged 20.9 percent year-over-year in the first three quarters of fiscal 2014, helping the largest Japanese airline group post a jump in profit for the April-December period
29 Jan 2015
Apple has released its smartphone data for the fourth quarter of 2014, and while soaring sales of the iPhone 6 doubled its market share in China, the numbers also illustrate the close correlation between the air cargo industry and the constantly evolving mobile phone business.
29 Jan 2015
Greece’s new radical left wing government is set to freeze the planned sale of the state’s stakes in Athens airport, the port of Thessaloniki and rail companies as it seeks to tear up some of the conditions of its 240 billion euro ($271 billion) bailout agreement.
28 Jan 2015
Jan de Rijk Logistics will provider "road feeder service" for IAG Cargo in Spain, handling the air freight company's Iberian traffic.
28 Jan 2015
Cathay Pacific’s new air cargo terminal in Hong Kong handled 1.45 million tons during 2014 in its first full year of operation.
27 Jan 2015
The sharply divergent fortunes of the air and ocean cargo sectors in Hong Kong are illustrated in a chart from CBRE Research on container and air freight throughput during 2014.
27 Jan 2015
HONG KONG — Air freight on the Asia-North America trade is riding a tailwind that filled freighters and bellies in the la
26 Jan 2015
Hong Kong Air Cargo Terminals Ltd. (Hactl) ended a solid 2014 by recording its strongest quarter of the year as Asia’s air freight sector continued its robust recovery.
23 Jan 2015
Blue Dart Express is denying that its parent DHL Express Singapore Pte. Ltd. is negotiating to sell its holdings in the Indian subsidiary to U.S. e-commerce giant Amazon.
21 Jan 2015
Alitalia unveiled plans to increase its cargo operations as part of a strategy to return to profitability in 2017 following years of losses, billions of dollars of state subsidies and a narrow escape from bankruptcy.
21 Jan 2015
Amsterdam Schiphol airport said cargo traffic got off to a slow start this year because increased trans-Pacific shipper demand for air cargo services due to U.S. West Coast port congestion is diverting freighters from Asia-Europe routes to the Pacific.
20 Jan 2015
The air cargo industry had its longest peak season in years in 2014, driven by massive demand for new products, most notably the iPhone 6 that sold more than 40 million units in the third quarter alone. But the big question that has airline executives frantically polishing their crystal balls is whether airlines and air freight forwarders can count on the strong performance continuing through this year.
15 Jan 2015
Frankfurt airport’s freight traffic increased just 1.7 percent in 2014, lagging growth at its main European rivals, as pilots at Lufthansa, its biggest customer, staged nine strikes through the year.
15 Jan 2015
Cathay Pacific and its sister airline Dragonair carried 1.72 million tons of cargo during 2014, a 12 percent increase over the previous year as the strong second half performance continued into December.