Air Cargo

Air Cargo

News & Analysis

26 Aug 2022
Average air cargo rates on east-west trade lanes have declined significantly since April as demand slows in line with the traditional slack summer season.
30 Apr 2015
IAG Cargo posted lower revenue and reduced volumes in the first quarter as the carrier continued to feel the impact of its exit from freighter operations.
30 Apr 2015
Cargolux’s net profit was squeezed to $3 million in 2014 from $8.4 million in 2013 by a $40 million impairment on its 747-400 freighter fleet and a provision for potential anti-trust fines.
Fresh product loading for Lufthansa Cargo
29 Apr 2015
Lufthansa Cargo says it is delaying the construction of a new freight center at its Frankfurt hub “by at least two years.”
29 Apr 2015
As the U.S. economy came screeching to a halt in the first quarter — at least those parts that contribute to gross domestic product growth — UPS improved revenue, shipment volumes and profit, a sign that things may not be as bad as the economic indicators seem to say.
28 Apr 2015
The acquisition of French logistics giant Norbert Dentressangle will create new global opportunities for XPO, boosting its annual revenue to $8.5 billion.
28 Apr 2015
TNT Express posted an operating loss and shrunken comparable revenue in the first quarter, warning that it faced tough times in the run-up to its planned acquisition by larger U.S. rival FedEx in 2016.
28 Apr 2015
The bull run enjoyed by Asian air cargo since the last quarter of 2014 could not last forever, and after a robust first two months of the year, sharply slowing demand in March brought the business back to Earth with a bump.
21 Apr 2015
Frankfurt airport handled 6.4 percent less freight in March than a year ago as strikes by Lufthansa pilots resulted in the cancellation of intercontinental flights.
20 Apr 2015
Regulators must continue to work closely with all members of the air cargo supply chain to ensure impending advance data regulations enhance security without impeding cargo flows, according to a new position paper from The International Air Cargo Association (Tiaca).
17 Apr 2015
China’s slowing exports put the brakes on runaway volumes at the world’s largest air cargo carrier in March as throughput on Cathay Pacific-Dragonair tumbled into the single digits after a robust start to the year.
15 Apr 2015
Cathay Pacific today became the latest airline to suspend the carriage of all lithium batteries in bulk on both passenger and freighter aircraft until improved packing and shipping requirements can be developed.
10 Apr 2015
A sharp increase in first quarter imports helped Shanghai’s largest air freight terminal to yet another record and follows on from its best ever annual performance in 2014.
08 Apr 2015
Russia’s AirBridgeCargo Airlines boosted freight tonnage by 20 percent in the first quarter as its rapidly expanding international network offset the impact of sanctions and an economic downturn in its domestic market.
07 Apr 2015
After FedEx Corp. unveiled a $4.8 billion deal to acquire Dutch company TNT Express this week, the immediate focus was on how the merger would significantly boost the U.S.-based company’s footprint in the European express market.
TNT aircraft, A300
07 Apr 2015
TNT Express said it will open talks shortly with potential buyers of its cargo airlines following FedEx’s agreed 4.4 billion-euro ($4.8 billion) takeover.
07 Apr 2015
FedEx Corp. on Tuesday unveiled a €4.4 billion ($4.8 billion) agreed takeover of TNT Express, two years after European regulators shot down United Parcel Service’s bid for the Dutch company.
02 Apr 2015
Air cargo shippers using Chicago O’Hare International Airport are experiencing delays because of major road construction around the hub and inconsistent service from third-party handlers. A surge of cargo from shippers unwilling to brave West Coast port congestion isn’t helping.
01 Apr 2015
AirBridge Cargo, the only Russian carrier in the Hong Kong market, will be the main beneficiary of fifth freedom traffic rights out of the city that were granted to Russian air freight carriers following a new round of bilateral talks that concluded last month.
01 Apr 2015
Global air cargo traffic soared by 11.7 percent in February, driven largely by the timing of the Chinese lunar New Year and the congestion at U.S. West Coast ports, the International Air Transport Association reported.
31 Mar 2015
Thai Airways exited the freighter business this week, unable to benefit from the robust volumes on U.S. routes being generated by its Asian peers and without the scale of capacity required to drive a profitable air cargo network.
26 Mar 2015
Air freight carried by Asian carriers grew by a solid 12.8 percent in the first two months of the year compared to the same period in 2014, according to data from the Association of Asia Pacific Airlines (AAPA).
26 Mar 2015
Kerry Logistics plans to build a regional express delivery platform in China and across the Asean region to capitalise on a rapidly growing segment of the logistics business, but it will be a cautious entry into a difficult market.
Qatar Airways Cargo
23 Mar 2015
Qatar Airways Cargo is launching a freighter service between its Doha hub and Los Angeles International Airport, its fourth all-cargo service to the U.S.
18 Mar 2015
Martinair, Air France-KLM’s all-cargo unit, announced it is laying off 330 employees, including 110 pilots, as it downsizes its freighter fleet in a bid to return to profitability.
18 Mar 2015
Cathay Pacific reported a 20 percent increase in net profit for 2014 as a strong second half recovery in the cargo market helped drive up earnings to $403 million.
17 Mar 2015
The government of Hong Kong has approved the building of a third runway at Hong Kong International Airport (HKIA), announcing that it would fund the $18.2 billion expansion through internal funds, external borrowings and higher user fees.
16 Mar 2015
Cathay Pacific and sister carrier Dragonair carried almost 30 percent more cargo in February than during the same month last year as the Hong Kong-based airlines added capacity to cope with the lunar new year surge in demand.
15 Mar 2015
The air cargo industry is in a difficult transformation period as it struggles to adapt to a changing cargo mix and rising demands from customers for better shipment visibility and a more reliable service.
Lufthansa Cargo
12 Mar 2015
Lufthansa Cargo’s operating profit surged nearly 27 percent in 2014. The German carrier remained in the black for the fifth consecutive year despite a weak global air freight market that has pushed many of its rivals into the red.
11 Mar 2015
The behavior of a handful of mega shippers in China completely defines the market, and any analysis of imports and exports must take this into account, advised Seabury Group managing director Gert-Jan Jansen.
11 Mar 2015
Ericsson head of distribution logistics Robert Mellin took a swing at the air cargo industry that he said was delivering service levels well below expectations and was failing to evolve at the same pace as other modes of transport.
11 Mar 2015
Forwarders are reporting a steady rise in shipper enquiries into the China-Europe rail route from higher value shippers looking for an alternative to expensive and often unreliable air freight and the lengthy ocean shipping.
09 Mar 2015
There were 221 kilograms of lithium ion batteries in the belly hold of Malaysia Airlines Flight 370 that vanished in March last year, according to the first comprehensive report into the disappearance of the Kuala Lumpur-Beijing aircraft.
03 Mar 2015
With the air cargo industry under increasing competition from ocean carriers for certain cargoes, especially perishables, more sophisticated software and technology tools are helping drive the migration from ocean to air.
03 Mar 2015
DB Schenker, the logistics unit of German railroad Deutsche Bahn, has reached agreement with three airlines involved in a global price-fixing cartel but is still seeking damages from three other carriers.