Air Cargo

Air Cargo

News & Analysis

12 Jan 2021
All Kuehne + Nagel cargo on the air freight trade lane between Amsterdam and Los Angeles will be carried by aircraft flying on sustainable aviation fuel.
23 Feb 2016
Taiwan’s Evergreen Group has announced management changes as a succession fight continues among the four sons of company founder and chairman Chang Yung-fa, who died Jan. 20.
22 Feb 2016
Evergreen Group will have no chairman following the death of company founder Chang Yung-fa but will appoint senior executives for each of the company’s subsidiaries, according to published reports in Taiwan.
18 Feb 2016
Air France-KLM narrowed its cargo loss in the fourth quarter of 2015 but its full-year deficit increased as it continued to scale back its troubled full-freighter operation.
17 Feb 2016
AirBridgeCargo began 2016 on a roll with volume soaring by a record 30 percent in January, but Russia’s largest air cargo carrier cautioned it faces challenges as it expands its global network.
17 Feb 2016
Blood dripping from a U.S. freighter at Harare airport in Zimbabwe led the plane’s captain to a grim discovery when he opened a hatch and a body fell out.
17 Feb 2016
Capacity cuts and a pre-Chinese New Year demand for air cargo on key routes barely managed to keep Cathay Pacific’s January volumes in positive territory.
16 Feb 2016
TNT Express returned to the black in the fourth quarter of 2015 as strong growth in European revenues more than offset declines in Brazil and China and its restructuring program gained momentum.
14 Feb 2016
E-commerce opportunities on both sides of the Canada-U.S. border are helping TransForce compensate for loss of energy, less-than-truckload volumes.
11 Feb 2016
A Feb. 1 change in dimensional weight pricing will benefit Forward Air Corp., the CEO of the ground-air expedited transportation company told Wall Street analysts this week.
11 Feb 2016
A massive increase in flower volumes destined for the U.S. reflects an increasing e-commerce capability that has allowed buyers to source directly from farmers.
11 Feb 2016
Air India and Air New Zealand are the last two defendants in a long-running antitrust litigation brought against nearly 30 providers of air cargo services, but a nasty surprise could be in store for the carriers in a trial scheduled for September.
08 Feb 2016
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit rise at a double-digit pace in the first nine months of the fiscal year ending in March despite paltry revenue growth.
05 Feb 2016
The International Air Cargo Association (Tiaca) has urged the U.S. Transportation Security Administration to clarify recent updates to air freight carried on passenger planes and freighters from several Middle Eastern countries.
05 Feb 2016
Another multimillion-dollar settlement was reached in the long-running antitrust class action lawsuit in the U.S. that has involved most of the world’s major carriers, with Air China agreeing to pay $50 million.
05 Feb 2016
Hong Kong’s largest air cargo terminal has teamed up with a Pearl River Delta ocean shipping and logistics heavyweight to increase its regional reach and drive up air freight business through the airport.
03 Feb 2016
Shippers using C.H. Robinson Worldwide to move truckload freight saw pricing drop 3 percent on average in the fourth quarter. The logistics operator's volume, net revenue and profit, on the other hand, all rose.
03 Feb 2016
Global air cargo traffic increased 2.2 percent year-over-year in 2015, less than half the 5 percent rise in 2014, due mainly to sluggish trade growth in Europe and Asia-Pacific, according to the International Air Transport Association.
29 Jan 2016
ANA Holdings Inc. and Japan Airlines Corp. both saw their group net profits soar in the first nine months of the fiscal year ending March 31 on a year-over-year basis, despite lower cargo revenues.
29 Jan 2016
Manchester Airports Group posted a 4.3 percent year-over-year increase in 2015 cargo traffic at its four U.K. airports, driven by new freighter services and growing express deliveries.
25 Jan 2016
Cargolux bucked the downward trend in Europe’s air cargo market, boosting traffic by 7.4 percent in 2015 and unveiling plans to increase its freighter fleet.
25 Jan 2016
Lackluster global trade will do air and ocean carriers out of Asia no favors this year as both sectors struggle to balance excess capacity with declining demand.
22 Jan 2016
U.S eastern railroads, parcel providers and trucking companies are warning shippers that a winter storm with blizzard conditions affecting 18 states will delay shipments Friday and through the weekend.
20 Jan 2016
Atlas Air Worldwide Holdings’ plan to acquire competitor Southern Air Holdings will diversify the air cargo carriers’ fleet, strengthen its relationship with its biggest customer, DHL Express, and position it to grow in the U.S. and globally, according to a BB&T analyst.
20 Jan 2016
Cargolux is to invest $77 million in Cargolux China, a new joint venture carrier, scheduled to start operations in 2017.
19 Jan 2016
Frankfurt airport, Europe’s largest air cargo hub, saw traffic decrease 2.6 percent year-over-year in 2015, mirroring declines at third- and fourth-ranked Amsterdam Schiphol and London Heathrow.
18 Jan 2016
Cathay Pacific and sister carrier Dragonair handled just short of 1.8 million tons of air cargo in 2015, recording growth of 4.3 percent despite a difficult year for the air freight industry as it struggled to balance capacity supply and demand.
18 Jan 2016
Shippers in Bangladesh are finding new ways of getting their air cargo to Australia after the government Down Under slapped a ban on shipments heavier than 500 grams being carried on freighters and passenger planes from several countries, with the South Asia garment-producing giant among them.
14 Jan 2016
Amsterdam Schiphol airport retained its ranking as Europe’s third-largest air freight hub in 2015 despite posting a larger decline in traffic than fourth-ranked London Heathrow.
12 Jan 2016
Japan’s international air cargo trade will fall 4.5 percent in fiscal 2015, which is the first annual decline in two years, according to a report by Nittsu Research Institute and Consulting Inc., a subsidiary of Nippon Express Co., Japan’s largest international freight forwarder.
12 Jan 2016
Lufthansa Cargo retained its top ranking among Europe’s cargo airlines in 2015 even as traffic shrank 2.4 percent from the previous year and two more freighters are being taken out of service.
12 Jan 2016
Shanghai’s largest air cargo terminal shrugged off China’s slowing economy to set a new record for freight volumes in 2015, helped by robust international exports.
11 Jan 2016
The decline in global air cargo demand “may be bottoming out”, following a month-on-month increase in November traffic, according to the International Air Transportation Association.
10 Jan 2016
A blockade of the border between India and Nepal since September has brought trade between the two countries to a standstill and created critical shortages of supplies essential to both social services and the economy.
08 Jan 2016
EU antitrust regulators today unconditionally approved FedEx’s 4.4 billion euros ($4.75 billion) acquisition of TNT Express.
08 Jan 2016
Sadly for the air cargo market — but fortunately for ocean freight that moves most of the shipments — there will be no port congestion in the main U.S. gateways. More critical is that there also will be little demand from anywhere else. The air cargo weakness has largely tracked anemic trade growth.