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The latest Air Cargo News & Analysis

Commentary: Carrier Changes Shaking Up Parcel Markets

When UPS last spring agreed to acquire TNT Express for $6.6 billion, the deal reverberated throughout global express and parcel markets. <br /> <br />

Air Cargo Forwarder News

Global Air Cargo Grows on Middle East Strength

Bruce Barnard, Special Correspondent |

International air cargo traffic increased 1.1 percent in June from a year ago, driven by strong growth in the Middle East that masks continuing market weakness, the International Air Transport Associa

Air Cargo Carriers News

Japan Airlines Net Profit Soars Despite Weak Cargo Numbers

Hisane Masaki, Special Correspondent |

Japan Airlines said on Thursday that its net profit soared 111.2 percent in the first quarter of fiscal 2012, which started on April 1, from a year earlier to $340.51 million on a consolidated basis.<

Air Cargo Carriers News

Deutsche Post DHL Lifts Earnings Forecast

Bruce Barnard, Special Correspondent |

Deutsche Post DHL lifted its 2012 earnings guidance after strong demand for its express delivery services in Asia boosted its second quarter results.<br /> <br />

Air Cargo Carriers News

Lufthansa Cargo Profit Slumps 60 Percent

Bruce Barnard, Special Correspondent |

Lufthansa Cargo’s operating profit slumped nearly 60 percent in the second quarter to 28 million euros ($34.4 million) from 69 million euros ($84.9 million) a year ago on higher fuel prices, wea

Air Cargo Carriers News

Saudia Cargo Volume Surges 26 Percent

Mike King, Special Correspondent |

Downbeat air freight markets didn't keep Saudia Cargo from posting gains in the first six months of the year, as the largest freighter operator in the Middle East handled 251,500 tonnes of cargo, up 2

Air Cargo Carriers News

DB Schenker to Ship a Third of China Cargo Through Hong Kong

Mike King, Special Correspondent |

DB Schenker has signed a deal in which the forwarding giant will ship around one third of its air freight exports out of China through one terminal at Hong Kong International Airport.<br /> <br />

Air Cargo Carriers News

Cargolux CEO Steps Down for Government Job

Bruce Barnard, Special Correspondent |

Frank Reimen, Cargolux Airlines International president and CEO, has stepped down following his appointment to a Luxembourg government post, the carrier announced.<br /> <br />

Air Cargo Carriers News

Air France-KLM Cargo Loss Widens

Bruce Barnard, Special Correspondent |

Air France-KLM’s cargo unit posted an operating loss of 62 million euros ($76.3 million) in the second quarter compared with 14 million euros ($17.2 million) a year ago as traffic declined sharp

Air Cargo Carriers News

TNT Express Boosts Earnings on Cost Cuts

Bruce Barnard, Special Correspondent |

TNT Express, the Dutch package delivery company being acquired by UPS, boosted second quarter operating profit by 67 percent to 77 million euros ($94.7 million) from 46 million euros ($56.6 million) a

Air Cargo Forwarder News

Asian Airlines' International Cargo Down Year-Over-Year

Mike King, Special Correspondent |

International air freight carried by Asian airlines rose 4 percent in June compared to a month earlier, but traffic fell 0.8 percent year-over-year, according to the Association of Asia Pacific Airlin

Air Cargo Forwarder NewsAir Cargo Carriers News

Eurozone Crisis Brings Turbulence to Trans-Atlantic

Bruce Barnard, Special Correspondent |

Just when it looked like nothing could stop the U.S.

ForwardingMaritimeContainer linesAir Cargo Carriers News

Singapore Airlines Back in the Black

Mike King, Special Correspondent |

Singapore Airlines returned to profit in the last quarter, but warned the cargo outlook remains poor.<br /> <br />

Air Cargo Carriers News

Higher Transport Costs Hamper C.H. Robinson

William B. Cassidy, Senior Editor |

Trucking NewsMaritimeLTLTruck brokersAir Cargo Forwarder News

UPS Downgrades Outlook After Non-US Volume Falls

Mark Szakonyi, Associate Editor |

The United Parcel Service downgraded its outlook for the second half of the year after non-U.S. volume declined 3.2 percent year-over-year in the second quarter. <br /> <br />

Air Cargo Forwarder NewsAir Cargo

Cargo Steady at Changi Airport

Mike King, Special Correspondent |

Cargo volume was steady at Singapore’s Changi Airport in June, but the arrival of a new carrier could boost cargoes in the coming months.<br /> <br />

Air Cargo Forwarder NewsAir Cargo Carriers News

DHL Express Expands Propane Truck Fleet in US

William B. Cassidy, Senior Editor |

Starting in August, DHL Express will fuel 100 pickup and delivery vans in the U.S. with liquid propane autogas.<br /> <br />

Trucking NewsAir Cargo Forwarder News

Hong Kong Airport Cargo Volume Inches Up

Mike King, Special Correspondent |

A second consecutive month of year-over-year growth in June saw Hong Kong International Airport stabilize first-half cargo throughput.<br /> <br />

Air Cargo Carriers News

Forward Air Volume Rises 5.4 Percent

Mark Szakonyi, Associate Editor |

Forward Air profit in the second quarter jumped 23.2 percent year-over-year to $24.4 million, as airport-to-airport volume rose 5.4 percent in the same period. <br /> <br />

Trucking NewsAir Cargo

DHL Launches Direct US-Australia Flight

Mike King, Special Correspondent |

DHL has launched a new direct twice-weekly express flight from the U.S. to Australia.<br /> <br />

Air Cargo Carriers NewsAir Cargo Forwarder News

Korean Air Reports Second Quarter Loss

Mike King, Special Correspondent |

Korean Air said the global cargo slowdown is a major contributing factor as it booked a loss in the second quarter.<br /> <br />

Air Cargo Carriers News

Report: USPS Could Save $100 Million Annually by Going Intermodal

Mark Szakonyi, Daily Content Editor |

The ailing U.S. Postal Service could save roughly $100 million annually by shifting more mail shipments from the highways to the rails, according to a report by its inspector general. <br /> <br />

Intermodal providersNorth-American railAir Cargo Forwarder News

Volumes Remain Down for Cathay Pacific and Dragonair

Mike King, Special Correspondent |

Cathay Pacific Airways saw month-on-month cargo volume hold steady in June, but throughput was still slower than a year earlier.<br /> <br />

Air Cargo Carriers News

Asia-Pacific Airports See Growth in Freight

Mike King, Special Correspondent |

Freight volumes at Asia-Pacific airports grew in May for the second consecutive month, latest figures from Airports Council International show.<br /> <br />

Air Cargo Carriers News

May International Cargo Volumes Rose at ANA, JAL

Hisane Masaki, Special Correspondent |

Japan’s All Nippon Airways Co. said its international cargo volume grew for the fourth consecutive month in May on a year-over-year basis, rising 7.1 percent to 43,591 tons.

Air Cargo Carriers News

DHL Express Opens North Asia Hub

Mike King, Special Correspondent |

DHL Express opened its largest hub in Asia today (July 12), the latest step in the logistics major’s massive roll-out of new capacity across Asia’s key freight markets.<br /> <br />

Air Cargo Forwarder NewsAir Cargo Carriers News

DHL CEO Discusses Acquisition Plans, Growth Options

Mike King, Special Correspondent |

DHL will look to smaller “bolt-on” acquisitions rather than major takeovers to speed growth in the years ahead, according to Frank Appel, CEO of Deutsche Post DHL.<br /> <br />

Air Cargo Forwarder News

Global Semiconductor Sales in May Rose 1.4 Percent From April

Mark Szakonyi, Associate Editor |

Global semiconductor sales in May rose 1.4 percent from the prior month, giving the struggling air cargo industry, which typically ships the foundation technology, a slight boost in the arm. <br />

Air Cargo Forwarder NewsAir Cargo

Lufthansa Cargo Sees Drop in Volume and Revenue

Bruce Barnard, Special Correspondent |

Germany’s Lufthansa Cargo carried 4.6 percent less freight in June than a year ago as it slashed capacity in line with weakening demand on its key Americas and Asia-Pacific routes.<br />

Air Cargo Carriers News

Market Share, Revenue Gain Forecast for Trucking

William B. Cassidy, Senior Editor |

Total U.S. freight tonnage will grow 21 percent by 2023, as freight revenue rises 59 percent, the American Trucking Associations predicts in a new freight forecast.<br /> <br />

Trucking NewsNorth-American railAir Cargo Forwarder News

Air Menzies Begins Online Express Import Rates Service

Mike King, Special Correspondent |

Air Menzies International is now offering all-inclusive online express import rates and bookings in the U.S. from global destinations.<br /> <br />

Air Cargo Carriers News

GACAG Slams National Approach to Air Cargo Security

Mike King, Special Correspondent |

The Global Air Cargo Advisory Group has warned regulators that national, ad hoc and impractical approaches to advance electronic information systems will undermine air cargo security and increase cost

Air Cargo Forwarder News

Etihad Crystal Cargo Posts Record Traffic

Bruce Barnard, Special Correspondent |

Etihad Crystal Cargo’s traffic soared 21 percent in the first half of 2012 from a year ago to a record 175,000 metric tons as the Abu Dhabi carrier expanded its all cargo-fleet and freighter net

Air Cargo Carriers News

Transport Employment Drops Slightly

William B. Cassidy, Senior Editor |

Transportation and warehousing lost about 2,200 jobs in June, after <a href="http://www.joc.com/logistics-economy/transport-industries-gain-most-jobs-may "><u>a 36,000 job hiring spree in May</u></a>,

Transport, Trade, and Regulation NewsMaritimeTrucking NewsRail NewsAir CargoTrucking labor

Kuehne + Nagel Acquires Canadian Perishables Forwarder

Bruce Barnard, Special Correspondent |

Kuehne + Nagel is acquiring the business contracts of Canada’s Perishables International Transportation in the latest expansion of Swiss logistics giant’s global fresh and frozen foods net

Logistics Technology NewsAir Cargo Carriers NewsCool Cargo News

Slow Economy Not Hindering Transport Acquisitions

William B. Cassidy, Senior Editor |

Trucking operator Saia didn’t have to look far for a logistics company to buy — <a href="http://www.joc.com/trucking/saia-buys-12-million-truck-brokerage-firm "><u>Robart Transportation</u

Transport, Trade, and Regulation NewsTrucking NewsAir CargoLTLTruck brokersAir Cargo Forwarder News

Airbus Confirms US Plant in Mobile

Bruce Barnard, Special Correspondent |

Airbus will start assembling narrow-body A320 aircraft at its first U.S.

Air Cargo Carriers NewsAir Cargo

UPS Freight to Hike Tariff Rates 5.9 Percent

William B. Cassidy, Senior Editor |

UPS Freight will raise its less-than-truckload tariff pricing 5.9 percent on average July 16, joining other LTL carriers with general rate increases this summer.<br /> <br />

Trucking NewsLTLAir Cargo Forwarder News

FedEx Speeds Up Fleet Upgrade, Buys 19 B-767s

Mark Szakonyi, Associate Editor |

FedEx plans to buy 19 Boeing 767-300 aircraft, as the parcel giant speeds up its fleet upgrades to offset volatile fuel costs. <br /> <br />

Air Cargo Forwarder NewsAir Cargo

Global Air Cargo Dips 2.2 Percent

Bruce Barnard, Special Correspondent |

International air cargo traffic dipped 2.2 percent in May from a year ago and contracted 0.4 percent from April in line with deteriorating global economic conditions, the International Air Transport A

Air Cargo Forwarder News

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