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The latest Air Cargo News & Analysis

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

Better Planning Evens Out Air Cargo’s Peaks, Valleys

Team Worldwide is struggling with visibility this summer.

Air CargoAir Cargo Carriers News

Air Cargo Shippers Look to the Sea

Mark Szakonyi, Associate Editor |

You’d be hard pressed to find stronger evidence of the shift of freight transportation from air to sea than when FedEx, operator of the world’s largest air cargo fleet, points it out.

MaritimeForwardingAir CargoAir Cargo Carriers News

FedEx, UPS Could Gain Access to Chinese Domestic Market

Mark Szakonyi, Executive Editor |

FedEx and UPS could begin domestic delivery in China if the government grants the parcel giants the go-ahead to enter the multibillion and burgeoning market. <br /> <br />

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Martinaire Charged With Hazmat Violations

Mike King, Special Correspondent |

Texas-based air cargo company Martinaire Aviation could receive a six-figure fine after being accused of noncompliance with hazardous cargo regulations.<br /> <br />

Air Cargo Carriers News

Airbus Considers Building Assembly Plant in Alabama

Bruce Barnard, Special Correspondent |

Airbus is weighing plans to build its first U.S. assembly plant in Alabama as the European aircraft manufacturer ratchets up its challenge to Boeing in its domestic market.<br /> <br />

Air Cargo Forwarder News

Air Cargo Industry Faces Overcapacity Threat

Mark Szakonyi, Associate Editor |

There is growing evidence the air cargo industry is heading for a state of overcapacity that threatens to ground more all-cargo carriers and pull down rates further. <br /> <br />

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Hong Kong International Airport Posts Record Financials

Mike King, Special Correspondent |

Hong Kong International Airport saw profits and revenue both reach record highs in the year ended March 31 despite bearish cargo throughput.<br /> <br />

Air Cargo Forwarder News

Sea-Air Shippers Undeterred by Fuel Surcharges

Mike King, Special Correspondent |

Leading forwarders say sea-air volumes remain stable despite the double dose of fuel surcharges levied on users.<br /> <br />

ForwardingAir Cargo Carriers News

SIA Cargo, China Cargo Airlines Further Integrate Services

Mike King, Special Correspondent |

Singapore Airlines Cargo and China Cargo Airlines have signed an agreement to operate joint freighter services between Singapore and Shanghai.<br /> <br />

Air Cargo Carriers News

Air Cargo Expansion Projects Taking Off in the US

Mark Szakonyi, Associate Editor |

Judging by the recent rash of U.S. air cargo expansion projects, you’d think demand was skyrocketing. It’s not. <br /> <br />

Transport, Trade, and Regulation NewsMaritimeAir CargoAir Cargo Carriers NewsForwarding

UPS to Kick Start $6.6 Billion TNT Express Takeover Offer

Bruce Barnard, Special Correspondent |

United Parcel Service launches its 5.16 billion euro ($6.6 billion) cash bid for Dutch rival TNT Express Friday in a major expansion of its presence in Europe's package delivery market. <br />

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Air France-KLM Plans Major Layoffs by 2013

Bruce Barnard, Special Correspondent |

Air France-KLM outlined plans to lay off more than 5,000 of its French work force by the end of 2013 in bid to cut costs by $2.5 billion a year and return business to profitability.<br /> <br />

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FedEx’s Smith Says Freight Shifting From Air to Sea

Mark Szakonyi, Associate Editor |

FedEx CEO Fred Smith said more shippers are transporting goods via ocean shipping at the expense air carriers, a modal shift reflected in the parcel giant’s recent earnings report. <br />

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WFS, Aviapartner to Form Global Air Cargo Handling Giant

Mike King, Special Correspondent |

Shareholders of Worldwide Flight Services and Aviapartner agreed to combine the two companies.<br /> <br />

Air Cargo Forwarder News

Freight Volume Down Again at Singapore's Changi Airport

Mike King, Special Correspondent |

Singapore’s Changi Airport saw cargo volumes contract by 2.8 percent year-over-year last month.<br /> <br />

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Emirates to Launch New Iraq Service

Mike King, Special Correspondent |

Emirates is expanding it air freight capacity to Iraq after seeing demand soar.<br /> <br />

Air Cargo Carriers News

FedEx Curbs Air Capacity, Expects Slower Global Demand

Mark Szakonyi, Associate Editor |

FedEx plans to <a href="http://www.joc.com/parcel-package/fedex-retire-24-aircraft-us-demand-slows" target="_blank"><u>retire older planes</u></a> and take delivery of fewer new aircraft as the parcel

Air Cargo Forwarder NewsTrucking NewsAir CargoLTL

London Heathrow Cargo Volume Drops 3.8 Percent

Bruce Barnard, Special Correspondent |

London Heathrow airport handled 3.8 percent less cargo in May than a year ago and is bracing for further declines amid a deepening eurozone crisis.<br /> <br />

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Oman Air Posts Record Cargo Tonnage

Mike King, Special Correspondent |

Middle Eastern carrier Oman Air saw its cargo tonnage rise 33 percent in the first five months of 2012, on top of the 13 percent increase posted last year.<br /> <br />

Air Cargo Carriers News

Report: Forwarder Phoenix International Considering Sale

Mark Szakonyi, Associate Editor |

Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report. <br /> <br />

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HKIA Sees First Growth in 14 Months

Mike King, Special Correspondent |

Freight volumes handled at Hong Kong International Airport in May saw year-over-year growth for the first time since March 2011.<br /> <br />

Air Cargo Forwarder News

US Freight Shipments in April Up 0.2 Percent From March

Mark Szakonyi, Associate Editor |

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Frankfurt Airport Cargo Slumps 10.3 Percent

Bruce Barnard, Special Correspondent |

Frankfurt airport’s freight traffic slumped 10.3 percent in May from a year ago as Europe’s second largest cargo hub continued to suffer from <a href="http://www.joc.com/cargo-airlines/cou

Air Cargo Forwarder News

Closing of Streamlite Could Benefit FedEx, UPS

Mark Szakonyi, Associate Editor |

The closing down of Streamlite, a parcel consolidator, on Thursday could provide more business to UPS and particularly FedEx, according to a Stifel Nicolaus analyst.<br /> <br />

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Volume Drops for Cathay Pacific

Mike King, Special Correspondent |

Cathay Pacific Airways saw a double-digit drop in cargo and mail tonnage shipments last month.<br /> <br />

Air Cargo Carriers News

MASkargo Pays $6 Million Fine in Price-Fixing Case

Mike King, Special Correspondent |

Malaysia Airlines and its cargo division MASkargo have agreed to pay a multimillion-dollar penalty for their role in fixing prices on routes from Indonesia to Australia in the early part of the last d

Air Cargo Carriers News

Congress Wants DHS to Consider All-Cargo Air Carrier Screening

Mark Szakonyi, Associate Editor |

The investigative arm of Congress wants the Department of Homeland of Security to determine the costs and benefits of requiring all-cargo air carriers to report screening data for U.S.-bound freight,

Air Cargo Forwarder NewsAir CargoTransport, Trade, and Regulation News

Global Semiconductor Sales Give Air Cargo Carriers April Boost

Mark Szakonyi, Associate Editor |

The <a href="http://www.joc.com/cargo-airlines/april-air-cargo-volumes-44-percent-year-over-year" target="_blank"><u>ailing global air cargo industry</u></a> got a little help from the semiconductor s

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China Could Seize EU Aircraft in Escalating Emissions Row

Bruce Barnard, Special Correspondent |

China has warned it might impound European aircraft if the European Union penalizes its carriers for not complying with its carbon emissions program.<br /> <br />

Air Cargo Forwarder News

ANA, JAL See Growth in International Cargo Volumes

Hisane Masaki, Special Correspondent |

Japan’s All Nippon Airways Co. said that its international cargo volume grew for the third consecutive month in April on a year-on-year basis, rising 1.7 percent to 44,936 tons.

Air Cargo Carriers News

Lufthansa Cargo Volume Slumps 12.3 Percent

Bruce Barnard, Special Correspondent |

Germany’s Lufthansa Cargo carried 12.3 percent less freight in May than a year ago as Europe’s largest scheduled cargo carrier continues to cut capacity to stay profitable in <a href="http

Air Cargo Carriers News

Manitoulin Group Expands in Western Canada

William B. Cassidy, Senior Editor |

Manitoulin Global Forwarding, an international freight forwarder is expanding in western Canada, acquiring Can-Tran International of Leduc, Alberta.<br /> <br />

Logistics Technology NewsMaritimeTrucking NewsAir CargoLTL

IATA Sticks to 2012 Airline Profit Forecast

Bruce Barnard, Special Correspondent |

The International Air Transport Association maintained its $3 billion global airline profit forecast for 2012 as oil prices fall, passenger traffic grows faster than expected and the cargo market bott

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Transportation Rivals Take Diverse Roads to Expand

Mark Szakonyi, Associate Editor |

While UPS made a splash with its move to buy TNT Express earlier this year, FedEx appears to be forging a more cautious approach in countering the European and Brazilian expansion of its main rival.

MaritimeAir Cargo Forwarder News

China’s Jade Cargo to Be Liquidated

Bruce Barnard, Special Correspondent |

Jade Cargo International is being liquidated after shareholders, including Lufthansa Cargo, failed to agree on a restructuring of <a href="http://www.joc.com/cargo-airlines/jade-cargo-temporarily-susp

Air Cargo Carriers News

April Air Cargo Volumes Off 4.4 Percent Year-Over-Year

Mike King, Special Correspondent |

Global air freight volume in April declined 4.4 percent year-over-year, according to the latest figures from Airports Council International.<br /> <br />

Air Cargo Carriers News

Air France-KLM Cargo Slumps 8.8 Percent

Bruce Barnard, Special Correspondent |

Air France-KLM’s cargo traffic slumped 8.8 percent in May from a year ago, driven by a double digit decline in the Americas network and sharply lower volumes on previously resilient Middle East

Air Cargo Carriers News

Deutsche Post DHL to Pay $645 Million in Back Taxes

Bruce Barnard, Special Correspondent |

<a href="http://www.joc.com/supply-chain-management/deutsche-post-sees-annual-profits-soaring-2015" target="_blank"><u>Deutsche Post</u></a> DHL has been ordered to pay 516 million euros ($645 million

Air Cargo Forwarder NewsAir CargoTransport, Trade, and Regulation News

FedEx to Retire 24 Aircraft as US Demand Slows

Mark Szakonyi, Associate Editor |

FedEx plans to retire 24 aircraft and shortened the depreciable life of 54 older aircraft, as the parcel giant works to align its U.S. domestic air cargo capacity with slowing demand.<br /> <br />

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