Air Cargo

Cargolux said the joint venture contract signed in Beijing “is a major landmark.”

The lack of equipment needed to screen cargo at the country’s busiest port of Chittagong is likely to compound already extensive congestion there.

AirBridgeCargo Airlines continued to outpace its European rivals with traffic soaring 17 percent in the first quarter as it increased its freighter fleet and expanded its global network.

All regions, expect Latin America, reported higher traffic.

Two freight forwarding industry surveys show that forwarders predict a strong east-west peak season and believe digitalization is inevitable.

China's growing courier business will have greater access to US markets after a joint venture was agreed between global giant UPS and China market leader SF Express.

The strong growth in air cargo volumes out of Asia has continued through April, driven by international demand.

The decision will facilitate infrastructure investment.

Cargolux Airlines and Emirates SkyCargo have signed a memorandum of understanding for an operational partnership in the latest tie-up between carriers in the challenging air transport market.

Cargo with Asia-Pacific origins in March helped lift global air cargo markets to their highest levels since 2010.

Traffic on the Europe-Asia Pacific routes surged 34 percent in the quarter driven partly by “sea freight restraints.”

Capacity was trimmed by 1.1 percent during the quarter.

The strong March performance resulted in first-quarter traffic growing nearly 11 percent year-over-year.

Traffic measured in revenue cargo tonne kilometers grew 6.3 percent.

Cargolux posted a sharply reduced profit and lower revenue in 2016.

Japan’s international air cargo trade will rise for the second successive year.

March was a good month for the Asian air cargo industry, with the recovering markets accelerating further on rising regional import-export activity.

The partnership was struck after more than a year of negotiations.

European airlines accounted for half of the increase in global air cargo traffic to a five-year high in 2016.

Forward Air has expanded its US Midwest-focused drayage footprint to the Southeast.

Freight volumes have surged 23 percent in the first two months of 2017.

BCOs are looking to air freight as an alternative to shipping cargo from North Europe to Asia as ocean space remains tight.

The first quarter for Hong Kong-based Cathay Pacific is looking good, at least from a cargo perspective, following strong air freight growth in January and February.

“Working together in a cartel ... does not fly with the Commission.”

Lufthansa Cargo sank into the red in 2016.

Fierce competition and overcapacity in 2016 led to Cathay Pacific recording its worst annual result in eight years.

The fines could total $850 million.

Air cargo needs to modernize and improve its service levels to meet customer expectations, according to IATA's chief executive.

The global air cargo rally continued into 2017.

Panalpina faced a very challenging year in 2016.

The competitive trading environment of 2015 continued into 2016.

The increase will be the second consecutive year of growth.

The global air cargo market grew to a five-year high in 2016 but is facing threats.

Europe’s cargo airports are outperforming its ocean container ports.

Cathay Pacific has relocated its cargo-handling operations in Frankfurt to Lufthansa Cargo’s terminal at Europe’s biggest air freight hub.

The peak season fourth quarter saw a sharp increase in air cargo volumes that improved the full-year performance of Hong Kong and Shanghai terminals.

The modal shift to air cargo following the collapse of South Korean container line Hanjin Shipping may have contributed to the increased demand.

It has been a long time since the air cargo industry had a peak season to remember for the right reasons, but a solid end to 2016 has done the trick.

Heavy-lift cargo airlines Antonov and Volga-Dnepr have gone their separate ways.

Air freight divisions at Asian airlines are trapped in an impossible situation.