Air Cargo

Air Cargo

News & Analysis

25 Oct 2021
The lifting of a trans-Atlantic travel ban on non-US citizens from Nov. 8 comes at a time of peak demand, but is unlikely to address severe space constraints on the busy trade lane.
30 Jul 2015
Lufthansa Cargo’s five-year winning streak ended abruptly in the second quarter as it slumped to a 68 million euros ($74.8 million) operating loss from a 20 million euro profit a year ago.
29 Jul 2015
ANA Holdings Inc. saw its group net profit more than double year-over-year in the first quarter of fiscal 2015, which started in April, despite weaker revenue from cargo operations.
27 Jul 2015
IAG Cargo and Finnair Cargo have signed an agreement to share space on a freighter service between London Luton and Helsinki airports as the two carriers map out a new strategy following their decision not to operate their own cargo aircraft.
27 Jul 2015
TNT Express posted a 6.2 percent increase in second-quarter revenue, driven by a stronger dollar and growing business from small and medium-sized customers.
27 Jul 2015
Air France-KLM’s cargo business is sinking deeper into the red as its second-quarter operating loss soared to 78 million euros ($86 million) from 45 million euros a year ago despite desperate cost-cutting measures.
27 Jul 2015
The slack season has hit the air cargo business hard this year with no sign of any improvement on the major trades as momentum steadily drains out of the market and freight rates tumble to new lows.
23 Jul 2015
22 Jul 2015
China’s busiest air cargo terminal in Shanghai continued its record-breaking run this year, posting the strongest first-half result in the company’s history.
20 Jul 2015
The European Shippers’ Council adamantly opposed UPS’ proposed takeover TNT Express, but the group has no qualms with FedEx buying the ailing parcel provider for $4.8 billion.
16 Jul 2015
UPS expanded the insurance and logistics services it offers shippers of high-value cargo such as jewelry by acquiring Insured Parcel Services from G4S, a global integrated security company.
15 Jul 2015
UPS added eight origin and five destination countries to its expedited Worldwide Express Freight service, which now serves 58 countries. The service focuses on urgent, heavy-weight palletized freight.
14 Jul 2015
The air freight momentum generated by a solid first quarter has been well and truly lost with the world’s market leader reporting flat growth in June and falling load factors.
13 Jul 2015
Shippers seeking damages from cargo airlines accused of price-fixing have been granted class-action status, allowing hundreds of thousands of people to seek damages against the airlines.
09 Jul 2015
Lufthansa Cargo’s traffic shrank in June as the German carrier failed to sell all of its extra capacity, pushing its load factor close to a six year low as it braces for more pilot strikes.
09 Jul 2015
IAG Cargo has reported huge growth out of Kuala Lumpur to North America, Africa and the Middle East this year and expects that to continue following the launch of direct services to the Malaysian capital in the middle of the year.
08 Jul 2015
One of the world’s largest air cargo handler Worldwide Flight Services has announced plans to acquire a majority stake in the German Fraport Cargo Services, further expanding its reach into the European market.
08 Jul 2015
The International Air Cargo Association (Tiaca) has welcomed the World Customs Organization’s adoption of advance cargo information data that is aimed at improving the industry’s risk profile by adding an additional layer of security.
08 Jul 2015
Summer is known as the mean season in Florida, but that description could just as easily apply to the container shipping and air cargo industries as they face up to a gloomy third quarter.
06 Jul 2015
The world’s insatiable appetite for civilian drones was evident in China’s trade figures that showed 160,000 units of civilian drones worth $120 million were exported from January through May this year.
03 Jul 2015
Air cargo carriers have low expectations for the summer months but are expecting a traditional fourth-quarter peak season to lift volumes and help counter excess capacity and falling yields.
01 Jul 2015
Global air cargo traffic grew 2.1 percent in May from a year ago, the lowest monthly increase in 2015, as volume contracted in North and South America and Europe, according to the International Air Transport Association.
01 Jul 2015
Freight forwarders and logistics providers today hailed a government-appointed commission’s call for a third runway to be built at London Heathrow airport, Europe’s fourth largest air cargo hub.
30 Jun 2015
The UK’s air freight shippers are nervously awaiting the publication of a long-delayed report that will recommend either London Heathrow or nearby Gatwick as the best site for a new runway in the crowded southeast of the country.
29 Jun 2015
FedEx has formally asked European Union competition regulators to approve its 4.4 billion euro bid ($4.9 billion) for TNT Express two years after they rejected a planned 5.2 billion euro takeover by its U.S. rival United Parcel Service.
25 Jun 2015
China’s three largest cargo airlines will join forces to form the largest air freight carrier in Asia, according to a senior official at the Civil Aviation Administration of China, mainland state media reported.
25 Jun 2015
The transportation focus of China’s One Belt One Road strategy has so far been on improving maritime and rail links with Europe, Asia and Africa, but Beijing this week brought aviation into the picture, and in a big way.
23 Jun 2015
The first five months the year were good to Asian air cargo carriers that recorded a 6.3 percent increase in demand for international air freight compared to the same period last year, according to the Association of Asia Pacific Airlines (AAPA).
22 Jun 2015
Asia-U.S. air cargo freight rates have continued to slide as port operations on the West Coast have sharpened up since the crushing congestion at the beginning of the year, according to data from Drewry.
19 Jun 2015
Global economic uncertainty and a slowing China continues to hang over cargo markets, with air and ocean transportation providers struggling to match capacity to demand while having little visibility going into the second half of 2015.
19 Jun 2015
Any suggestion that freighter aircraft would play a lesser role in the supply chains of the future was firmly put to bed with 29 the number of all-cargo planes ordered from Boeing by the time the Paris Air Show ended this week.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.
17 Jun 2015
Russian cargo airline Volga-Dnepr signed a memorandum of understanding today to buy and lease twenty Boeing 747-8 freighters with a combined list price of $7.4 billion for its AirBridgeCargo Airline unit.
16 Jun 2015
AirBridgeCargo’s traffic soared 16 percent in the first five months of the year as Russia’s largest all-cargo carrier continued to outperform its struggling European rivals.
16 Jun 2015
EVA Air has committed to purchase five Boeing 777 freighters at a list price of $1.5 billion at the Paris Air Show as the Taiwan carrier finally moves to upgrade its all-cargo fleet that was once the pride of the airline.
11 Jun 2015