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.
20 Nov 2014
Fresh from a dismal third quarter, freight forwarding and logistics provider Damco is expanding its multimodal presence in China’s electronics manufacturing hub of Zhengzhou.
19 Nov 2014
Asia’s competitive airline environment is placing intense profitability pressure on carriers in the region, but the focus on costs will not see air cargo shippers facing the wide scale route cutbacks, reduced frequencies and rolled shipments that have afflicted their ocean freight counterparts.
19 Nov 2014
Air cargo is going through a period of adjustment that will keep profitability largely out of reach for the world’s carriers until more of a balance is achieved between cargo capacity and demand.
17 Nov 2014
Cargolux, Europe’s largest all-cargo carrier, posted its best ever October, with its fleet of 22 Boeing 747 freighters breaking records for tonnage, revenue and block hours.
17 Nov 2014
European Union regulators approved Etihad Airways' acquisition of a 49 percent stake in loss-making Italian-flag carrier Alitalia.
17 Nov 2014
The strong rebound of trans-Pacific trade will ensure the air cargo industry enjoys a happy festive season this year, but few are prepared to forecast the robust growth will continue much past Chinese New Year.
14 Nov 2014
The chaotic waterfront scenes jamming up U.S. gateway ports on the West Coast are proving a boon for the air charter business and with no end in sight to the congestion, forwarders are securing space on chartered freighters for urgent cargo.
13 Nov 2014
Road and city drivers at a FedEx Freight terminal in Newark, N.J., voted against joining the Teamsters union — the second victory for FedEx Freight in four elections.
13 Nov 2014
Shippers of trans-Pacific ocean freight trying to avoid crippling West Coast port congestion are turning to air cargo in such numbers that forwarders report prices going “through the roof.”
12 Nov 2014
Germany’s Deutsche Post DHL booked higher third-quarter earnings as strong gains in international express and domestic parcel shipments offset shrunken margins at its global freight forwarding unit.
Where in the world are the Top 50 global transportation providers?
11 Nov 2014
Combined growth among the 50 largest transportation and logistics companies worldwide slowed to a halt in 2013 amid global economic uncertainty. The combined revenue of the 50 companies slipped 0.1 percent after increasing 2.6 percent in 2012 and 8.4 percent in 2011.
10 Nov 2014
Blue Dart Express, India’s leading air express and logistics services provider, reported relatively flat fiscal second-quarter net profit as a 24 percent rise in operating costs offset a 23.5 percent increase in operating revenue.
06 Nov 2014
Transport Canada is proposing to allow shippers to screen their cargo before it reaches an airport, rather than solely relying on carriers to do so, in order to bridge security gaps and prevent terrorist attacks.
05 Nov 2014
DHL has launched a new intra-Asia freighter flight connecting the economies of Thailand, Vietnam, and Hong Kong as the global express services provider responds to increasing business within Southeast Asia.
04 Nov 2014
Expedited airport-to-airport carrier Forward Air acquired Multi-Modal Trucking and Multi-Modal Services of Indianapolis, expanding its intermodal drayage and transloading services.
04 Nov 2014
Nippon Express Co. more than doubled its group net profit in the first half of fiscal 2014, which ended Sept. 31, from the same period in 2013, as strong international freight forwarding offset U.S. antitrust lawsuit costs, and weak Japanese imports and construction-related cargo.
03 Nov 2014
Growth in global air cargo accelerated in September, increasing 5.2 percent from a year ago. However, the market faces uncertainty because of faltering business confidence, according to the International Air Transport Association.
03 Nov 2014
Cathay Pacific will launch a new freighter service to Cambodia’s capital of Phnom Penh later this month, strengthening its Asia-Pacific network on the back of industry data that shows airlines in the region growing by almost 6 percent in September compared to the same month last year.
02 Nov 2014
A plan to move air freight facilities from John F. Kennedy International Airport to upstate New York likely won’t come without a fight.
31 Oct 2014
IAG Cargo’s revenue declined nearly 8 percent in the third quarter as a reduction in British Airways freighter operations offset an improved performance at its Spanish partner Iberia.
31 Oct 2014
Japan Airlines reported group net profit of 80.3 billion yen ($723 million), a drop of 2 percent year-over-year in the first half of fiscal 2014, despite a sharp rise in international cargo revenue.
30 Oct 2014
ANA Holdings’ international cargo revenue surged more than 20 percent year-over-year in the first half of fiscal 2014, contributing to a big jump in the largest Japanese airline group’s net profit in the April-September period.
30 Oct 2014
Lufthansa Cargo’s slim operating profit of 6 million euros ($7.6 million) in the third quarter, 20 percent higher than a year ago, maintained the carrier’s status as one of the few profitable scheduled air freight operators.
29 Oct 2014
Chinese package delivery company S.F. Express was the fastest-growing global transportation company in 2013, increasing revenue 40.6 percent in a year when the 50 largest transport operators saw revenue go flat.
29 Oct 2014
Air France-KLM’s troubled cargo business sank deeper into the red in the third quarter due to weaker demand and a two-week strike by pilots in September.
29 Oct 2014
Air freight rates are on the rise heading into the peak season months of October and November, continuing a recent robust streak, Drewry Shipping Consultants says.
29 Oct 2014
HONG KONG — Robert Mylod, the former Priceline CFO who played a major role in automating the online consumer travel market, has joined online freight pricing and quoting network Freightos, which plans to mimic the automated system that was such a game changer in the travel business.
28 Oct 2014
Steady growth in air freight demand was recorded by Asia’s airlines during September as the industry continued to benefit from rising international trade.
TNT Express
27 Oct 2014
TNT Express suffered its first operating loss in five quarters due to a provision for a potential antitrust fine and restructuring costs.
IATA Volumes chart
22 Oct 2014
Air cargo volumes will grow 4.1 percent annually through 2018, according to recently released forecast from the International Air Transport Association.
22 Oct 2014
London – Amsterdam and London have closed the gap with Europe’s top freight airports as pilot strikes at Lufthansa and Air France shrunk cargo traffic at their Frankfurt and Paris hubs.
21 Oct 2014
UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.
20 Oct 2014
Air cargo terminals in the Asian hubs of Shanghai and Hong Kong have reported another strong month, with the annual throughput shaping up to be the best in years.
20 Oct 2014
Lufthansa Cargo said all its freighter flights will operate as scheduled as pilots began a 35-hour strike at midday that forced the parent airline to cancel 1,450 short- and medium-haul passenger flights.