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.
12 Oct 2011
The Dependable Companies is turning to a dependable source of energy to power its headquarters — the sun.
12 Oct 2011
Lufthansa Cargo carried 5.1 percent less freight in September than a year ago, in contrast to a significantly smaller decline at Air France-KLM and a slight increase at IAG, the merged British Airways
12 Oct 2011
Lufthansa Cargo’s freighter services are facing serious disruption and sizable financial losses after a court banned night flights at its Frankfurt airport hub.
11 Oct 2011
Oak Hill Capital Partners injected $55 million into Southern Air Holdings so the air cargo carrier can expand its fleet of 777Fs and 747-400s.
11 Oct 2011
Struggling Japan Airlines said that its international cargo volume dropped for the 15th successive month in August on a year-over-year basis, plummeting 54 percent to 18,815 tons.
10 Oct 2011
Ferrovial cut its stake in BAA to below 50 percent, in a deal valuing the operator of London Heathrow, Europe’s third largest cargo airport, at about $7.4 billion.
10 Oct 2011
Air France-KLM’s cargo traffic in September dipped 3.4 percent year-over-year as a steep decline on the Asia-Pacific network outweighed a small increase in Americas traffic.
10 Oct 2011
Qatar Airways is launching scheduled freighter services to Atlanta, Houston and Toronto, the latest expansion in the Gulf Arab carrier’s bid to become one of the world’s biggest air cargo
10 Oct 2011
Philippines Airlines’ cargo business resumed last weekend after one of the country’s largest cargo carriers completed the outsourcing of its operations.
10 Oct 2011
The Dublin Airport Authority signed a deal with U.S.-based Lynxs Group to establish a major air freight hub at Ireland’s Shannon Airport.
10 Oct 2011
Apollo Freight, a specialist in perishables logistics, has begun construction on a 16,000-square-foot refrigerated center adjacent to Los Angeles International Airport.
07 Oct 2011
The Transportation Security Administration will not meet its Dec. 31 deadline to screen all cargo on international passenger flights, the agency told industry stakeholders.
07 Oct 2011
The Drewry Air Freight Price Index for international rates out of Asia fell 10.1 percent in August compared to last year, but the recent dive in pricing showed signs of leveling off as the measure rem
07 Oct 2011
TNT Express issued a profit warning this week because of weak demand on Asia-Europe routes, the continued losses in the Americas and rising cost inflation in its key Chinese market.
07 Oct 2011
Ethiopian Airlines became the first African customer for the 777 freighter, placing an order for f
06 Oct 2011
A European Union scheme compelling all airlines to pay for carbon emissions on flights to and from the 27-nation bloc from next January is legal, the EU’s highest court said in a preliminary opi
06 Oct 2011
International Airlines Group, the owner of the merged British Airways-Iberia carrier, boosted cargo traffic in September by 1.6 percent year-over-year as the Spanish airline’s growth compensated
05 Oct 2011
The North American fleet of passenger aircraft will grow 41 percent over the next 20 years, according to Boeing, but the largest growth will come in narrowbody planes unsuited to heavier cargo transpo
04 Oct 2011
Cargo traffic at Cathay Pacific Airways fell 9.7 percent year-over-year in August and the carrier said demand remained weak into September even as the peak fall shipping season approached.
03 Oct 2011
Cargolux is expected to take delivery this month of its first 747-8 freighter after settling a contract dispute
03 Oct 2011
The downturn in the global air cargo market accelerated sharply in August with traffic shrinking 3.8 p
03 Oct 2011
U.S. automotive imports from Japan plummeted after the March earthquake and tsunami, falling 36.5 percent year-over-year in April.
03 Oct 2011
The arrival late last month of a China Cargo Airlines freighter at Lambert-St. Louis International Airport was supposed to launch a service aimed at raising the city’s role in global trade.
28 Sep 2011
Cargo traffic for Asia-Pacific airlines fell 5.8 percent in August as carriers pulled back freight capacity even as the industry’s peak shipping season neared.
28 Sep 2011
Colombia’s Avianca will pay about $500 million for four A330-200 freighters, as the South American country’s flagship airline readies itself for the passage of a free trade pact with the U
28 Sep 2011
Kintetsu World Express, Japan’s second-largest international forwarder, said on Wednesday it will pay a $10.5 million fine to settle a U.S. antitrust case.
26 Sep 2011
Treasury Secretary Timothy Geithner toured the UPS Worldport air hub at Louisville, Ky., Monday, as part of the Obama administration’s push for an infrastructure investment program to spur the e
26 Sep 2011
Japan’s Sendai Airport restarted regular international flights on Sunday, more than six months after the devastating tsunami
23 Sep 2011
Germany’s Deutsche Post DHL won a long-running legal battle to block Belgium from giving $406 million in aid to its national mail company, Bpost.
22 Sep 2011
Strong performances by its package delivery and industrial trucking divisions gave FedEx lift lacking i
22 Sep 2011
FedEx’s net profit rose 22 percent to $464 million in its June-August quarter, but the world’s largest air cargo carrier lowered its earnings expectations for the rest of the year, citing
22 Sep 2011
MOL Logistics (Japan) expanded its network in a dozen Africa countries by signing a contract with an undisclosed freight forwarder.
22 Sep 2011
Atlas Air handed Boeing and the aircraft manufacturer’s troubled 747-8 freighter program its second major setback in a week, canceling orders for three of the planes just days after
21 Sep 2011
Damco Airfreight recently transported a 52-ton compressor from India to Berlin via an Antonov 124, the world's second-largest operating cargo aircraft.
20 Sep 2011
Air Canada, the country’s largest carrier, said Tuesday it’s modifying about 10 percent of its flights to mitigate the impact of an anticipated flight attendant strike on Wednesday, accord