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The latest Air Cargo News & Analysis

Air China Profit Falls 77 Percent

Air Cargo Carriers News

Global Air Cargo Recovery Stalls

Bruce Barnard and Mike King, Special Correspondents |

The fragile recovery in the air cargo market stalled in July, with traffic declining 3.3 percent from a year ago amid faltering business confidence in many key economies, according to the Internationa

Air Cargo Forwarder NewsAir Cargo Carriers News

New Facility Expands UPS Presence in Halifax

Mark Szakonyi, Associate Editor |

The United Parcel Service on Tuesday opened its first logistics facility in Halifax, Nova Scotia, a key part of the parcel giant’s Atlantic Canadian expansion. <br /> <br />

Air Cargo Forwarder NewsAir Cargo

Philippine Airlines to Buy More Than 50 Airbus Planes

Mark Szakonyi, Associate Editor |

Philippine Airlines this week placed an order with Airbus for more than 50 single-aisle A321 and widebody A330-300s for roughly $7 billion.<br /> <br />

Air Cargo Forwarder NewsAir Cargo

DHL Opens Logistics Facility in India

Mike King, Special Correspondent |

DHL has opened a new logistics facility in India to support international time-definite delivery volumes.<br /> <br />

Air Cargo Forwarder News

Frankfurt-Hahn Airport Facing Insolvency, Shareholder Says

Bruce Barnard, Special Correspondent |

Frankfurt-Hahn airport is facing insolvency without a government cash infusion, according to a key shareholder of Germany’s fifth-largest air cargo and freighter hub.<br /> <br />

Air Cargo Forwarder News

Cathay Pacific Plans Service Around India Pharmaceuticals

Mike King, Special Correspondent |

A new Cathay Pacific service between Hong Kong and India will target the growing movement of pharmaceutical cargoes.<br /> <br />

Air Cargo Carriers News

DHL’s New LCL Services Link Asia, Americas Via Busan

Mike King, Special Correspondent |

DHL has launched new services from Asia to the Americas from a new multimodal gateway located at South Korea’s Port of Busan.<br /> <br />

International portsAir Cargo Carriers News

Qantas Records $256 Million Loss

Mike King, Special Correspondent |

Australia’s Qantas Group has canceled orders for 35 aircraft with Boeing after recording an annual loss.<br /> <br />

Air Cargo Carriers News

UPS Extends Offer Period for TNT Express

Bruce Barnard, Special Correspondent |

United Parcel Service is extending the offer period for its Dutch rival TNT Express from Aug. 31 to Nov.

Air Cargo Forwarder News

Changi Airport Sees Year-Over-Year Decline

Mike King, Special Correspondent |

Singapore Changi Airport recorded a 4.5 percent year-over-year contraction in cargo traffic last month despite a 4.6 percent increase in traffic movements.<br /> <br />

Air Cargo Forwarder NewsAir Cargo Carriers NewsAir Cargo

BlueGrace Named Fastest-Growing Logistics Operator

William B. Cassidy, Senior Editor |

BlueGrace Logistics, Riverview, Fla., increased its revenue 7,368 percent over three years to $63.6 million in 2011, making the Florida-based firm the fastest-growing logistics and transportation comp

Transport, Trade, and Regulation NewsLTLTruck brokersAir Cargo Forwarder News

HKIA Extends Year-Over-Year Decline

Mike King, Special Correspondent |

The world’s largest freight airport saw a slight month-on-month increase in volume during July, but growth compared to 2011 remained negative.<br /> <br />

Air Cargo Forwarder NewsAir Cargo Carriers News

BAA to Sell London Stansted

Bruce Barnard, Special Correspondent |

Airport operator BAA has opted to sell London Stansted airport, ending a long-running legal battle to retain ownership of the U.K.’s second largest cargo hub.<br /> <br />

Air Cargo Forwarder News

FedEx Expands 'International Service' Network

Mark Szakonyi, Associate Editor |

FedEx Express is nearly doubling its “International Service” network by adding destinations in Australia, Austria, Brazil, Canada, Denmark, Japan, Luxembourg and Mexico. <br /> <br />

Air Cargo Forwarder NewsAir Cargo

Amsterdam Schiphol Airport Revenue Up, Net Income Down

Bruce Barnard, Special Correspondent |

Amsterdam Schiphol airport’s net profit fell in the first half but revenue increased as higher passenger numbers outweighed lower cargo traffic.<br /> <br />

Air Cargo Forwarder NewsAir Cargo Carriers News

It's Brussels Vs. World Over Aviation Carbon Tax

Bruce Barnard, Special Correspondent |

A global trade war over the European Union’s controversial aviation carbon tax is drawing closer with Brussels refusing to budge as Washington and its allies ratchet up the retaliatory rhetoric.

Transport, Trade, and Regulation NewsAir Cargo

Royal Mail, ZJS Express Launch Europe-China Service

Bruce Barnard, Special Correspondent |

The U.K.’s Royal Mail’s announced its GLS European parcel delivery unit has teamed up with China’s ZJS Express to launch a China-Europe business-to-business service.<br /> <br />

Air Cargo Forwarder NewsAir Cargo Carriers News

Singapore Airlines Launches First Weekly Freighter Service to South America

Mark Szakonyi, Associate Editor |

Singapore Airlines Cargo on Friday launched its first weekly freighter service to South America: a flight to Brazil via Hong Kong and Dallas-Fort Worth.<br /> <br />

Air Cargo Carriers NewsAir Cargo

International Cargo Volumes Rise for ANA, JAL

Hisane Masaki, Special Correspondent |

Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume grew for the fifth consecutive month in June on a year-on-year basis, rising 1.4 percent to 42,579 tons.

Air Cargo Carriers News

Fall Release of New iPad, iPhone Could Boost Air Cargo

Mark Szakonyi, Associate Editor |

The release of an array of new high-tech gizmos, including <a target="_blank" href="http://www.informationweek.com/hardware/apple-macintosh/apples-ipad-mini-less-is-less-interestin/240005649"><u>the i

Air Cargo Forwarder NewsAir CargoAir Cargo Carriers News

Ramadan, Eid Festivities Help Air Cargo Volumes Surge

Mike King, Special Correspondent |

The Ramadan month of fasting and the build-up to this weekend’s Eid festivities have given air cargo operators a volume surge, according to one leading executive.<br /> <br />

Air Cargo Forwarder NewsAir Cargo Carriers News

Cathay Pacific Cargo Volume, Capacity Contract

Mike King, Special Correspondent |

Cathay Pacific Airways saw further year-on-year declines in freight traffic last month but volumes were steady compared to <a href="http://www.joc.com/cargo-airlines/volumes-remain-down-cathay-pacific

Air Cargo Carriers News

Study: Federal Sequestration Could Strip Air Cargo Capacity

Mark Szakonyi, Associate Editor |

The looming $1.2 billion federal sequestration could cut nearly 2 billion pounds of air cargo capacity out of the U.S. network, according to a new study. <br /> <br />

Transport, Trade, and Regulation NewsAir CargoAir Cargo Forwarder NewsAir Cargo Carriers News

AA Cargo Traffic Down 4.9 Percent in July

AMR Corporation, parent of American Airlines, Inc., reported <a href="http://aa.mediaroom.com/index.php?s=43&item=3565" target="_blank"><u>a 4.9 percent year-over-year decline in system cargo ton

Air Cargo Carriers News

Cargojet Revenue Edges Down

Overnight air cargo carrier <a target="_blank" href="http://www.cargojet.com/financials/q212/FS063012.pdf"><u>Cargojet reported revenue of $40.5 million in the second quarter of 2012</u></a>, down $0.

Air Cargo Carriers News

FedEx to Offer US Staff Buyouts As Demand Slows

Mark Szakonyi, Associate Editor |

FedEx said it will offer voluntary buyouts to some U.S.-based employees, as the parcel giant works to cut costs as demand slows. <br /> <br />

Air Cargo Forwarder NewsAir Cargo

Air Cargo Traffic Edged Upward in May and June

Mike King, Special Correspondent |

Global air cargo traffic contracted in the first half of 2012 despite growth in both May and June, according to the latest figures from Airports Council International.<br /> <br />

Air Cargo Carriers News

FAA Accuses FedEx of Improper Handling of Hazardous Materials

Mark Szakonyi, Associate Editor |

FedEx is facing a $681,200 fine after the Federal Aviation Administration on Wednesday accused the parcel giant of failing to properly document hazardous material shipments in August 2010.<br />

Air Cargo Forwarder News

Lufthansa Cargo Volume Down 10.5 Percent in July

Bruce Barnard, Special Correspondent |

Lufthansa Cargo carried 10.5 percent less freight in July than a year ago as it continued to slash capacity to stay profitable in a weak global air cargo market.<br /> <br />

Air Cargo Carriers News

USPS Pleads for Reform After $5.2 Billion Loss

Mark Szakonyi, Associate Editor |

Air Cargo Forwarder NewsAir CargoTransport, Trade, and Regulation News

Fraport Profit Tumbles 17.4 Percent

Bruce Barnard, Special Correspondent |

Frankfurt airport operator Fraport AG’s first half net profit slumped 17.4 percent from a year ago to 86.9 million euros ($107 million) on high investment outlays and <a href="http://www.joc.com

Air Cargo Forwarder News

Eight Air Cargo Carriers Get Court Approval for Price-Fixing Settlement

Bruce Barnard, Special Correspondent |

British Airways and Chile’s LAN Cargo were among eight airlines that got final court approval for a settlement in a six-year-long class action lawsuit by shippers over the carriers’ involv

Air Cargo Carriers News

New UPS Asia-Pacific Head Says Asian Prospects Still Positive

Mike King, Special Correspondent |

Global economic uncertainty is hurting Asian economic growth but the long-term outlook for logistics providers is still bright, according to Brendan Canavan, the recently appointed president of UPS As

Air Cargo Forwarder News

Cargolux Names Interim President and CEO

Bruce Barnard, Special Correspondent |

Cargolux named Richard Forson as interim president and CEO of the cargo airline with immediate effect.<br /> <br />

Air Cargo Carriers News

Transport Employment Rises 1.9 Percent

William B. Cassidy, Senior Editor |

Transportation and warehousing employment increased 1.9 percent year-over-year in July, according to preliminary data from the U.S. Bureau of Labor Statistics.<br /> <br />

Transport, Trade, and Regulation NewsMaritimeTrucking NewsRail NewsAir CargoTrucking labor

IAG Cargo Revenue Slips 0.3 Percent

Bruce Barnard, Special Correspondent |

Cargo revenue at International Airlines Group, the merged British Airways-Iberia carrier, stalled in the second quarter as strong growth at the U.K.

Air Cargo Forwarder News

All Nippon Airways Back in the Black

Hisane Masaki, Special Correspondent |

All Nippon Airways Co. posted a group net profit of $7.59 million in the first quarter of fiscal 2012, which ended June 30, compared with a net loss of $106.33 million a year earlier.<br /> <br />

Air Cargo Carriers News

IJS Global Opens DC for Novartis

Mike King, Special Correspondent |

IJS Global opened a dedicated warehouse in the Philippines to handle the logistics needs of Novartis Animal Healthcare. <br /> <br />

Industrial Real Estate NewsAir CargoForwardingCool Cargo News

Typhoon Shuts Taiwanese Ports, Airports

Mike King, Special Correspondent |

Transportation infrastructure ground to a halt and at least one person was killed as Typhoon Saola made landfall in eastern Taiwan on Thursday. <br /> <br />

Port NewsRail NewsAir CargoForwarding

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