Air Cargo

Air Cargo

Demand for air freight through much of 2017 and into the first quarter of 2018 was boosted by stronger economies and trade, with e-commerce growth and a broader inventory restocking cycle keeping space tight and freight rates sky high. Air cargo is now heading into the slower summer months but capacity is expected to tighten into the fourth quarter. Double-digit growth in late 2017 means the year-over-year comparisons may not be as severe, but shippers have been advised to book their space early.

News & Analysis

20 Feb 2020
Lufthansa Cargo will offer instant air freight quotes via an application programming interface with digital forwarder Fleet, a company in which the German airline invested in 2018.
07 Jun 2016
A leading Chinese construction and trading company has acquired a controlling stake in Frankfurt-Hahn Airport.
Air cargo traffic rises, but demand still soft
03 Jun 2016
Global air cargo traffic grew in April, but yields remain under pressure.
25 May 2016
Ireland-based ASL Aviation has sealed the acquisition of TNT Express’s two cargo airlines.
24 May 2016
AirBridgeCargo Airlines has launched a weekly freighter service.
23 May 2016
Rising passenger numbers lift Asia-Pacific airlines, but the sorry state of air cargo is proving to be a drag on revenue and profits.
19 May 2016
The litigation lasted a decade and involved tens of thousands of lawyer hours, but the class-action suit against the world’s top airlines has finally drawn to a close.
18 May 2016
FedEx Wednesday declared its offer for TNT Express unconditional.
17 May 2016
A strike vote by union pilots at Atlas, ATSG and Kalitta Air is meant to pressure the airlines and DHL, but doesn't mean a strike is imminent.
12 May 2016
Lufthansa Cargo and Cathay Pacific have signed a partnership to operate a joint network.
11 May 2016
Far-reaching regulation will affect many smaller U.S. transport operators, shippers as well as large companies.
11 May 2016
AirBridgeCargo traffic surged to a record high in the first quarter.
10 May 2016
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit surge by double-digits in 2015.
09 May 2016
Shipments of smaller aircraft declined in the first quarter worldwide, as business demand dropped.
09 May 2016
U.S. air cargo price-fixing lawsuit yields another settlement from a major carrier, leaving just one airline standing in the decade-long class action.
05 May 2016
Although Amazon is not in the transportation business, FedEx, UPS and DHL can’t ignore Amazon’s competitive challenge, Satish Jindel, president of SJ Consulting Group, said.
05 May 2016
JOC Senior Content Editor Alessandra Barrett and Executive Vice President and Chief Operating Officer of FedEx Trade Networks Dr. Udo Lange discuss how e-commerce is shaping shipping and logistics now, and how it will continue to shape the industry in the future as the gap between e-commerce and traditional commerce narrows.
05 May 2016
The downside to an industry sector having a great quarter is that it places immense pressure on it to repeat the feat the following year or the comparisons will be dismal. This is where the air cargo industry finds itself after the first quarter of 2016.
28 Apr 2016
ANA Holdings Inc. and Japan Airlines Corp. both increased their group net profits despite cargo weakness.
28 Apr 2016
CMA CGM has introduced a new container to corner the live lobster market.
25 Apr 2016
Japan’s air cargo trade with foreign countries will shrink for the second straight year in fiscal year 2016, which started on April 1, Nittsu Research Institute and Consulting Inc. predicted, citing sluggish exports and imports.
25 Apr 2016
TNT Express narrowed its net loss in the first quarter to 14 million euros ($15.8 million) from 19 million euros a year ago as it prepares to be taken over by its larger U.S. rival FedEx.
25 Apr 2016
Shanghai’s largest air cargo terminal has continued its solid volume growth of 2015 into the first quarter, handling record year-over-year throughput from January to March.
22 Apr 2016
Diversification, an acquisition and a change in its dimensional weight factor in its expedited less-than-truckload business helped drive first-quarter revenue and profit higher at Forward Air.
19 Apr 2016
There is mounting speculation that Amazon is interested in acquiring a stake in Frankfurt-Hahn Airport to establish a major European distribution hub.
12 Apr 2016
Europe’s leading air cargo carriers are continuing to post lower traffic figures month after month while their smaller rivals are still boosting their market shares.
06 Apr 2016
Global air cargo traffic shrank 5.6 percent in February, but the steepest monthly decline in three years was heavily skewed by the impact of disruption at U.S. West Coast ports in early 2015 that triggered a one-off spike in demand for air freight, the International Air Transportation Association said.
05 Apr 2016
Three acquisition-hungry companies, XPO Logistics, Celadon Group and Daseke, were the fastest-growing businesses on a list of the 50 largest U.S. trucking companies in 2015.
01 Apr 2016
Since the beginning of this year volumes across Russia’s shipping industry have begun to show signs of recovery after a dismal 2015 in which Western sanctions and the low price of oil devastated the country’s transportation firms.
29 Mar 2016
In the past few months, Amazon has moved openly and aggressively to increase its reach, capabilities and capacity in the logistics and distribution arena. The Seattle-based company purchased thousands of trailers blazoned with Amazon logos in the U.S., registered as a non-vessel-operating common carrier to better manage the flow of goods from China to the U.S. and leased 20 U.S. domestic cargo planes from Air Transport Services Group.
24 Mar 2016
Cargolux’s net profit surged in 2015, helped by cheaper fuel, but revenue shrank as low yields offset higher volumes.
23 Mar 2016
Brussels airport is in lockdown for a second day following the deadly bomb attacks on Tuesday and will remain closed to all passenger flights tomorrow.
22 Mar 2016
The movement of people and goods in and around Brussels ground to a halt Tuesday after a series of terror attacks rocked the Belgian capital. Brussels Airport has been shut down, all flights in and out cancelled, and public transportation throughout the city has been put on lockdown, sparking wide reports of gridlock.
22 Mar 2016
DHL Express said it will invest 100 million euros ($112 million) in a new totally automated sorting center at Roissy-Charles-de-Gaulle airport to keep pace with rising demand for parcel deliveries in the Paris region.
21 Mar 2016
As e-commerce demands push delivery limits, UPS is expanding its US and global early delivery guarantees for package shippers and customers.
17 Mar 2016
Suggestions that Amazon.com’s forays into air freight and logistics might disrupt the business of traditional package carriers or compete with them are “fantastical,” FedEx founder and Chief Executive Officer Fred Smith said Wednesday. “Let me emphasize I choose this word carefully,” Smith said.