Air Cargo

Air Cargo

News & Analysis

23 Sep 2020
Getting the COVID-19 vaccine out to the furthest reaches of the world is going to require an immense effort from the air cargo supply chain, says IATA’s outgoing head of cargo Glyn Hughes, but it will be under his successor’s watch.
06 Jun 2011
UPS boosted its cargo capacity 50 percent on flights to Central and South America last week, saying it is responding to solid growth in Latin American demand.
06 Jun 2011
The International Air Transport Association scaled back its 2011 industry profit forecast by more than half on Monday, to $4 billion from an estimated $8.4 billion the industry group had projected jus
06 Jun 2011
Volume in kiloliters, April 2009-March 2010 vs. April 2010-March 2011.Top 10 U.S. Wine Export Markets
03 Jun 2011
German logistics giant Deutsche Post DHL purchased Standard Forwarding, a five-state less-than-truckload motor carrier in East Moline, Ill.
03 Jun 2011
Freight transportation employment was virtually flat last month while a closely watched survey of non-manufacturing activity showed a sharp drop in import growth.
03 Jun 2011
The first of 48,000 Canadian postal workers launched a series of rotating city-area strikes in Winnipeg, Manitoba, Friday while their union and Canada Post planned last-ditch meetings for later in the
02 Jun 2011
International air cargo traffic grew 5.4 percent in April but the gain lagged behind rapidly expanding capacity and behind growth in world trade, according to the International Air Transport Associati
02 Jun 2011
UTi Worldwide reported a 13.2 percent decline in net profit to $8.7 million in its fiscal first quarter ending April 30 as costs from restructuring global operations offset a 14 percent gain in revenu
01 Jun 2011
China Southern Airlines will buy six 777 freighters in a move to sharply increase the carrier’s reach into the international cargo market.
01 Jun 2011
BAe Systems is selling its commercial aircraft leasing and asset management to the private Fortress Investment Group as the British transportation manufacturer focuses more sharply on its large defens
01 Jun 2011
Moscow’s Domodedovo International Airport pulled its planned initial public offering in London saying it is not satisfied with its valuation.
01 Jun 2011
Lufthansa Cargo inaugurated its South Asia pharmaceutical hub at India’s Hyderabad airport with shipments of medicines to Philadelphia and Chicago.
27 May 2011
EVA Airways agreed to plead guilty to conspiring to fix international air cargo prices and to pay a $13.2 million fine in the antitrust investigation that has produced criminal charges against some of
27 May 2011
Russia’s Volga-Dnepr Group plans to start a regional freight airline using converted 737 freighters to supplement the long-haul business of the company’s AirBridgeCargo operation, accordin
25 May 2011
Shareholders of TNT today approved the de-merger of the Dutch company’s express and mail operations.
25 May 2011
UPS will start initiate a weekly direct flight from Guam to Hong Kong starting in June, the latest in a series of routes the carrier has added during an expansion of Asia services.
25 May 2011
Nippon Express, Japan’s largest freight forwarder, said that its net profit plunged 32 percent in fiscal 2010, which ended on March 31, from a year earlier to 8.541 billion yen ($104.16 million)
24 May 2011
Freight volume at Singapore Changi Airport grew at its fastest year-over-year rate of 2011 in April, expanding 6.1 percent and extending the Asia airport’s recovery from a weak start to the year
23 May 2011
Freight tonnage at New York’s Kennedy International Airport grew 7.1 percent in the first quarter over last year on a strong surge in shipping during March.
23 May 2011
Cargo airlines are on alert for possible disruption to supply chains as drifting ash cloud from an active volcano in Iceland again threatens to shut down airports in northern Europe.
23 May 2011
North America airport cargo traffic in 2010, including both domestic and international, increased 11.2 percent year-over-year.
20 May 2011
Lufthansa finalized an order for five 777 freighters valued at $1.3 billion at list prices that will consolidate its position as Europe’s biggest cargo airline.
19 May 2011
Air France-KLM’s cargo unit returned to profitability a year ahead of target, booking $98.7 million in earnings in the year to March 31 compared to a loss of $623.5 million a year earlier.
19 May 2011
Struggling Japan Airlines posted a record operating profit of $2.33 billion in the 2010 fiscal year ending March 31 compared with an operating loss of $1.65 billion a year earlier but the carrier said
18 May 2011
International cargo volume jumped 10 percent to 43,975 tons in March at All Nippon Airways.
17 May 2011
The U.S. Postal Service is putting new urgency on its bid for financial relief from Congress, saying its operations will be hit if the USPS runs out of cash this fall as predicted.
13 May 2011
Kintetsu World Express, Japan’s second-largest international forwarder, said that its profit surged 72.4 percent in fiscal 2010, which ended on March 31, 2011, from the previous fiscal year to 7
13 May 2011
Neel Shah, vice president of Delta Airlines’ cargo division, has reason to be pleased with 2011’s first quarter results.
13 May 2011
Spanish airline Iberia will start operating a 737 freighter between Madrid and Brussels in an upgrade to the carrier’s perishables “cool and fast” service.
13 May 2011
Frankfurt Airport boosted cargo traffic 12.8 percent in April from a year ago to an all time high for the month as the German hub benefited from accelerating global trade.
12 May 2011
Forwarder Panalpina is expanding its scheduled freighter operations through Huntsville, Ala., with a second weekly service connecting the city to Hong Kong.
12 May 2011
DHL Express will modernize its fleet in Europe with the acquisition of 13 A300-600 passenger aircraft and conversion of the planes to freighters.
12 May 2011
Hong Kong International Airport’s freight volume 6.2 percent in March over the same month a year ago as expedited shipping surged back following a demand downturn the month before.
10 May 2011
The U.S.
10 May 2011
Air Transport Services Group saw net profit drop 61 percent in the first quarter ending March 31 from the same quarter a year ago to $2.8 million as rising costs offset an 8.8 percent gain in revenue.