Air Cargo

Lufthansa Cargo will launch a twice-weekly freighter service between Frankfurt and Seattle on Thursday, Aug.

Singapore Airlines saw its cargo load factor reach its highest point in nearly two years in July as sharp capacity cuts surpassed reduced demand.

A halting expansion in cargo at London Heathrow Airport accelerated in July as freight tonnage grew 5.7 percent on a month-to-month basis, giving the European gateway its busiest month this year for c

Towne Air Freight, part of the Charterhouse Group, on Monday announced the closing of its acquisition of Texas Land and Air.

Chances are you’re pinching pennies these days. You’ve whittled all the fat out of your transportation budget and are running lean and mean.

The air freight industry is hoping Polo Ralph Lauren isn’t creating new fashions for international shipping strategy.

Freight traffic for European airlines fell 20.7 percent in June compared to last year, including an accelerating decline in European air trade with Asia, the Association of European Airlines said.

Regional Israeli carrier C.A.L.

Towne Air Freight acquired Texas Land and Air to expand the company’s air and ocean freight trucking operation.

Freight transportation in the United States stayed stuck in the doldrums in June, stalled at its lowest level since 1997, according to a report from the U.S.

Air Transport Services Group withstood the sharp cutback in operations for DHL by reporting an $8.1 million net profit in the second quarter after losing money in the same period a year ago.

Japan's two largest airlines both saw their international cargo volume continue to fall in June on a year-on-year basis but at the slowest pace in eight months, according to their monthly reports.

FedEx Express, lining up its global services to meet increasingly cost-conscious shipping, announced new deferred international services Monday for its small parcel and freight delivery services.&nbsp

Panalpina and the NYK Group agreed to realign their partnership in Japan. Panalpina will represent its own interests in Japan, effective January 2010.

The Senate approved Daniel R. Elliott to lead the Surface Transportation Board, Susan L.

Japan Airlines suffered a net loss of $1.04 billion in the April-June quarter -- sharply down from a $35.8 million loss a year earlier and the largest loss on record for any quarter.

Freighter operator Atlas Air says big capacity reductions across the international air cargo market helped the carrier post a better-than seven-fold increase in net profit in the second quarter, to $1

Leif Rasmussen, a veteran of SAS Group and its various interests, will return to the company Aug. 17 as SAS Cargo’s new president and CEO.

A key Senate committee approved the president’s nominees for senior jobs at the Department of Transportation, to lead the Surface Transportation Board and fill a slot at the National Transportat

The U.S. Postal Service ended its third fiscal quarter June 30 with a net loss of $2.4 billion as cost cutting failed to keep pace with falling revenue.

United Airlines had its busiest month for freight in nine months in July, with the carrier’s traffic growing 5 percent from the month before.

Global logistics company Expeditors International of Washington earned net profit of $54.1 million in the second quarter, down 24 percent from a year ago.

Cargo revenue at Taiwanese carrier EVA Air plunged 51 percent in the first half of this year as falling Asian exports cut the airline’s freight traffic by nearly a third.

Nippon Express, Japan's largest freight forwarder, suffered sharp declines in sales and profit in the April-June quarter.

All Nippon Airways lost $307 million in the April-June quarter, compared with a group net profit of $69 million a year earlier.

British Airways swung to a net loss of $175 million in the fiscal first quarter from a $44.6 million profit in the same period in 2008 and warned of tough trading conditions for cargo and passengers t

On the surface, at least, domestic parcel shipping looked remarkably strong at UPS amid the U.S. economic wreckage.

A government audit says the financial viability of the U.S. Postal Service is at high risk as the USPS struggles to keep up with declines in mail volume reaching billions of pieces a year.

Global air freight traffic fell 16.5 percent in June from a year ago, the 13th straight month of shrinking volumes, the International Air Transport Association reported.

Changi Airports International, a subsidiary of Singapore’s Changi Airport Group, acquired a 26-percent stake in India’s Bengal Aerotropolis Projects.

Air France-KLM said Thursday it will ground four freighters after losing $277 million on its cargo business in the three months ending June 30.

Qantas Freight said Wednesday it would launch service between China, Dallas and Sydney, Australia, adding cargo lift in a trans-Pacific market airlines have been targeting for capacity cuts for more t

Lufthansa Cargo swung to an $87 million operating loss in the second quarter from a $95 million profit a year ago amid a "severe" slump in revenue.

London -- BAA, the world's biggest airport operator, reported first half pre-tax losses quadrupled from a year ago on falling passenger and cargo traffic and exceptional charges.

UPS on July 13 launched ground service for small packages from Mexico to the United States.

Asia’s airlines had their strongest month for freight business in four months in June and the Association of Asia Pacific Airlines said it was seeing a steady recovery in the air cargo market de

Swiss logistics giant Panalpina said Monday it is disputing a claim for damages by a major institutional shareholder resulting from the company’s withdrawal from troubled business in Nigeria.

DB Schenker plans to start operations at its new European air freight hub at Frankfurt airport in early August.

TNT’s net profit dived 60.5 percent to $115 million in the three months ending in June, the fourth consecutive quarter of year-on-year decline.

Air France-KLM's freight revenue plunged 41.5 percent in the fiscal first quarter as the carrier's cargo unit bears the brunt of the global economic downturn.