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.
27 Aug 2012
 
25 Aug 2012
DHL has launched new services from Asia to the Americas from a new multimodal gateway located at South Korea’s Port of Busan.
23 Aug 2012
Australia’s Qantas Group has canceled orders for 35 aircraft with Boeing after recording an annual loss.
22 Aug 2012
United Parcel Service is extending the offer period for its Dutch rival TNT Express from Aug. 31 to Nov.
22 Aug 2012
Singapore Changi Airport recorded a 4.5 percent year-over-year contraction in cargo traffic last month despite a 4.6 percent increase in traffic movements.
21 Aug 2012
BlueGrace Logistics, Riverview, Fla., increased its revenue 7,368 percent over three years to $63.6 million in 2011, making the Florida-based firm the fastest-growing logistics and transportation comp
21 Aug 2012
The world’s largest freight airport saw a slight month-on-month increase in volume during July, but growth compared to 2011 remained negative.
20 Aug 2012
Airport operator BAA has opted to sell London Stansted airport, ending a long-running legal battle to retain ownership of the U.K.’s second largest cargo hub.
20 Aug 2012
FedEx Express is nearly doubling its “International Service” network by adding destinations in Australia, Austria, Brazil, Canada, Denmark, Japan, Luxembourg and Mexico.
20 Aug 2012
Amsterdam Schiphol airport’s net profit fell in the first half but revenue increased as higher passenger numbers outweighed lower cargo traffic.
20 Aug 2012
A global trade war over the European Union’s controversial aviation carbon tax is drawing closer with Brussels refusing to budge as Washington and its allies ratchet up the retaliatory rhetoric.
17 Aug 2012
The U.K.’s Royal Mail’s announced its GLS European parcel delivery unit has teamed up with China’s ZJS Express to launch a China-Europe business-to-business service.
17 Aug 2012
Singapore Airlines Cargo on Friday launched its first weekly freighter service to South America: a flight to Brazil via Hong Kong and Dallas-Fort Worth.
17 Aug 2012
Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume grew for the fifth consecutive month in June on a year-on-year basis, rising 1.4 percent to 42,579 tons.
16 Aug 2012
The release of an array of new high-tech gizmos, including the i
15 Aug 2012
Damco’s earnings before interest and taxes jumped 42 percent to $51 million as air freight revenue more than doubled and net revenue increased 12 percent to $1.543 billion.
15 Aug 2012
The Ramadan month of fasting and the build-up to this weekend’s Eid festivities have given air cargo operators a volume surge, according to one leading executive.
15 Aug 2012
Cathay Pacific Airways saw further year-on-year declines in freight traffic last month but volumes were steady compared to
14 Aug 2012
The looming $1.2 billion federal sequestration could cut nearly 2 billion pounds of air cargo capacity out of the U.S. network, according to a new study.
14 Aug 2012
AMR Corporation, parent of American Airlines, Inc., reported a 4.9 percent year-over-year decline in system cargo ton
13 Aug 2012
13 Aug 2012
FedEx said it will offer voluntary buyouts to some U.S.-based employees, as the parcel giant works to cut costs as demand slows.
13 Aug 2012
Global air cargo traffic contracted in the first half of 2012 despite growth in both May and June, according to the latest figures from Airports Council International.
10 Aug 2012
FedEx is facing a $681,200 fine after the Federal Aviation Administration on Wednesday accused the parcel giant of failing to properly document hazardous material shipments in August 2010.
09 Aug 2012
Lufthansa Cargo carried 10.5 percent less freight in July than a year ago as it continued to slash capacity to stay profitable in a weak global air cargo market.
09 Aug 2012
The U.S.
08 Aug 2012
Frankfurt airport operator Fraport AG’s first half net profit slumped 17.4 percent from a year ago to 86.9 million euros ($107 million) on high investment outlays and
06 Aug 2012
British Airways and Chile’s LAN Cargo were among eight airlines that got final court approval for a settlement in a six-year-long class action lawsuit by shippers over the carriers’ involv
06 Aug 2012
Global economic uncertainty is hurting Asian economic growth but the long-term outlook for logistics providers is still bright, according to Brendan Canavan, the recently appointed president of UPS As
06 Aug 2012
Cargolux named Richard Forson as interim president and CEO of the cargo airline with immediate effect.
06 Aug 2012
Nippon Express Co., Japan’s largest international freight forwarder, said that its net profit sank 8.5 percent in the first quarter of fiscal 2012, which started on April 1, from a year earlier
03 Aug 2012
Transportation and warehousing employment increased 1.9 percent year-over-year in July, according to preliminary data from the U.S. Bureau of Labor Statistics.
03 Aug 2012
Cargo revenue at International Airlines Group, the merged British Airways-Iberia carrier, stalled in the second quarter as strong growth at the U.K.
03 Aug 2012
All Nippon Airways Co. posted a group net profit of $7.59 million in the first quarter of fiscal 2012, which ended June 30, compared with a net loss of $106.33 million a year earlier.
02 Aug 2012
IJS Global opened a dedicated warehouse in the Philippines to handle the logistics needs of Novartis Animal Healthcare.