Air Cargo

Forward Air reported a positive first quarter for 2010, with numbers up in revenue as well as income from operations over the last 12 months.

Cargolux, Europe's biggest all-cargo airline, said it lost $153 million in 2009 as falling cargo volume and shrinking margins slashed revenue by 34 percent to $1.3 billion.

The Fortune 500 list of largest U.S. businesses ranked by revenue includes 17 transportation and logistics companies this year, from UPS to Con-way.

It may be nearly mid-May before air freight shipments return to normal after the past week’s disruptions caused by a volcano in Iceland, said Brandon Fried, executive director of the Airforwarde

Europe's airline industry lurched back to life Wednesday as carriers put planes back into the air after being grounded for nearly a week by a volcanic ash plume from Iceland.

Boeing flew its second 747-8 Freighter to Palmdale, Calif., on Monday to expand flight tests for the advanced aircraft.

Demand for air charters on key routes to and from the Middle East, North America and worldwide has exploded since the shutdown of much of Europe’s air space following last week’s volcanic

Europe’s three largest cargo airports – Frankfurt, Paris Charles de Gaulle and Amsterdam Schiphol – reopened Tuesday after a five-day shutdown.

FedEx resumed flight operations at its European hub in Paris as the carrier and other express airlines began to work on clearing out the shipping backlog left by the shutdown of airspace under a cloud

Cargolux and forwarder Panalpina shifted the European leg of the “Dixie Jet” chartered trans-Atlantic freighter to Spain this week because of the volcanic ash cloud that has closed a large

European officials on Monday created three air zones to allow some flights in and out of the continent isolated since Thursday by volcanic ash in the air.

British Airways said it is seeking financial compensation from the European Union and the UK government for the closure of European airspace following the eruption of the Icelandic volcano Eyjafjallaj

United Parcel Service is meeting the air traffic ban in Europe by rerouting as much cargo as it can. Flights from Asia are stopping in Istanbul, Turkey, where freight will be transferred to trucks.

Shippers face steep hikes in air cargo freight rates and long delays when European air space re-opens, freight forwarders warned as airports across a large swath of the continent remained closed for a

Kuehne + Nagel reported higher first quarter profit and revenue, driven by a recovery in world trade.

LONDON – Lufthansa Cargo won clearance for three freighter departures from Frankfurt on Monday amid growing attempts by European airlines to break through growing logjams of cargo since a volcan

Several European airlines put test flights into the air Sunday to assess the impact of a volcanic ash plume that has enveloped the skies as the shutdown of European space moved into a fourth day and t

LONDON – More airports across Europe shut down Saturday as a volcanic ash cloud from Iceland spread deeper into the continent and experts began to warn of mounting economic damage from the large

LONDON – A spreading plume of volcanic ash kept airports from the United Kingdom to Germany shut down for a second day Friday as European authorities said they hoped to end the standstill in air

Drifting ash from a volcanic eruption in Iceland forced airports across northern Europe to shut down on Thursday, canceling as many as 4,000 passenger and cargo flights.

UPS issued a strong signal of recovery in its business Wednesday, saying the company expects its net profit to grow 37 percent in the first quarter on “significant acceleration” in interna

Two years after leaving the U.S. domestic package market, Deutsche Post DHL says it is growing again in the United States as rising international trade spurs a global recovery.

Disbursements by the Department of Transportation under the economic stimulus law reached $10.437 billion as of March 31, an increase of about $1 billion from February to pay for projects dominated by

Frankfurt airport handled more than 200,000 metric tons of freight in a month for the first time in March after traffic at Europe's biggest air cargo hub soared 37.4 per cent from a year ago.

Freight forwarder Panalpina last week chartered the only extant Antonov AN-225 freighter aircraft to move two laser welding machines with a combined weight of about 150 metric tons.

Lufthansa Cargo carried 26.4 percent more freight in March than a year ago, outpacing its main European rivals Air France-KLM and British Airways, which booked single digit increases.

International cargo climbed 24.3 percent for Japan Airlines and 66.5 percent for All Nippon Airways in February, according to figures released by the two biggest Japanese air carriers.

The U.S. Postal Service is in the midst of what may be its deepest restructuring since the most familiar delivery operation in the United States first put its letters on airplanes.

Without the financial resources to maintain necessary safety and service levels, MK Airlines will suspend its flights today, according to online news source IFW.

Originally published in Air Cargo World

Air France and American Airlines this week operated the first green trans-Atlantic flights in a government sponsored joint initiative to reduce pollution.

Pilots at Lufthansa have called off a four-day strike planned for next week after agreeing to resume contract negotiations with the German airline.

TNT, Europe's second largest express delivery company, is examining an initial public offering or partnerships for its mail business.

British Airways and Iberia, Europe's third and fourth largest airlines, April 8 signed a definitive merger agreement, paving the way for the creation of one of the world's biggest carriers.

AirBridgeCargo Airlines, Russia's largest international cargo carrier, added a fifth Boeing 747-400 Freighter to its fleet.

The International Air Cargo Association is calling for modifications to changes proposed by the U.S.

Pilots at Lufthansa vowed to go ahead with a four-day strike next week unless the German carrier agrees to terms for arbitration to resolve a dispute over pay and job security.

The German Aviation Authority granted an operating license to DHL Express for its newly formed Leipzig-based cargo airline, European Air Transport.

Freight forwarders Overseas Group and Globe Express Services announced a merger that took place March 20. Management teams from both companies will remain with the new organization.

Malaysia Airlines placed an order for two A330-200 freighters in addition to a previously announced contract for 15 A330-300 passenger aircraft.