Peak season has begun for air travel between Europe and North America, but forwarders making use of belly cargo capacity on passenger planes do not expect the below-deck boon to last.
Air Cargo
Air Cargo
News and analysis of air cargo shipping and transportation companies.
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News & Analysis
29 Jul 2014
Blue Dart Express, India’s leading air express and logistics services provider, reported its net profit fell 16 percent in the first fiscal quarter.
29 Jul 2014
Japan Airlines Corp.’s group net profit tumbled 19.4 percent in the first quarter of fiscal 2014.
29 Jul 2014
Air freight spot rates on Drewry’s East-West Air Freight Price Index made up some of the ground lost in May last month, continuing year-over-year pricing gain trends.
29 Jul 2014
AirBridgeCargo Airlines, Russia’s largest scheduled cargo carrier, plans to add more routes and boost frequencies of existing services over the next six months after traffic soared 16 percent to an all-time high in the first half of the year.
29 Jul 2014
Positive developments in China’s export space are raising expectations that the recent strong performance of air and ocean cargo volumes will extend into a solid peak season.
28 Jul 2014
TNT Express today posted improved second-quarter results, driven by an ongoing restructuring program, cost cuts and a continued recovery at its previously loss-making Brazilian business.
25 Jul 2014
Inadequate airspace capacity for civil air traffic, rapid growth of the Chinese aviation industry, capacity constraints at airports, and rigid operating regulations add up to congestion and delays for carriers serving the mainland’s busy cargo gateways, according to the International Air Transport Association (IATA).
25 Jul 2014
Air France-KLM today said it is weighing a partnership or restructuring of its freighter business after booking cargo losses and charges of $205 million in the second quarter, but stressed it will remain a major player in the air freight market.
24 Jul 2014
Airline CFOs and heads of cargo are broadly positive about the outlook for the air freight industry and expect profitability to improve, according to IATA’s latest quarterly business confidence.
23 Jul 2014
The recent recovery in China’s air cargo exports could stall this month as flight cancellations and lengthy delays hit airports across China’s eastern seaboard where suspected military drills are wreaking havoc on commercial air space that is already in short supply.
22 Jul 2014
The air freight market out of Asia is taking off, with solid figures reported by terminals, carriers, forwarders and the semiconductor industry, which plays a significant role in driving air cargo growth.
22 Jul 2014
Air France-KLM, Europe’s largest cargo airline by revenue, is about to reveal whether it plans to shed its dedicated freighter fleet.
17 Jul 2014
When Cathay Pacific left Hong Kong Air Cargo Terminals (Hactl) a year ago to start its own freight busines
16 Jul 2014
Amsterdam Airport Schiphol posted a market-beating 8.8 percent growth in cargo traffic in the first half of the year, more than twice the increase at its closest rival London Heathrow Airport.
16 Jul 2014
Qatar Airways today said it plans to order four new Boeing 777 freighters with an option for four more, bolstering its ambitious bid to become a Top 5 cargo airline by 2018.
16 Jul 2014
FedEx, TNT Express and the U.K.’s Royal Mail are being investigated by French regulators over alleged anti-competitive behavior in the country’s parcel delivery market.
16 Jul 2014
Hong Kong-listed shipping line OOCL and Dubai-based Etihad Airways have not yet been officially informed of a Bangladesh high court ruling that accuses them of evading taxes and money laundering...
14 Jul 2014
Robust demand out of Hong Kong and China in June saw cargo and mail carried on Cathay Pacific and Dragonair gro
12 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association surprised watchers by announcing a 72-hour hiatus in their negotiations so that the union could deal with unrelated talks in the Pacific Northwest, and by extending the expired coastwide contract during the suspension of negotiations.
10 Jul 2014
Lufthansa Cargo is cutting freighter capacity in response to continued weakness in global cargo demand that saw its volume slump by 8 percent year-on-year in June with no signs of a pickup in sight.
08 Jul 2014
Air France-KLM trimmed its 2014 profit forecast by up to 12 percent, citing “persistently weak” cargo demand.
07 Jul 2014
Endochoice, a six-year-old Atlanta-based importer of medical devices and disposable infectious control supplies and services for gastroenterologists, most of whom were in the U.S., had to reengineer its global supply chain last year when it acquired high-tech medical companies in Israel and Germany and began to manufacture and distribute a sophisticated new system for colonoscopies internationally.
07 Jul 2014
It’s business as usual for air cargo shippers despite the heightened security at foreign airports with flights connecting to the U.S., the executive director of the Airforwarders Association says.
07 Jul 2014
Forwarders remain unimpressed with new European Union air cargo screening regulations that have been in effect for a week, although no major disruptions have been reported.
02 Jul 2014
A major Tokyo-based research firm has painted a grim picture of Japanese container trade in the current fiscal year that started on April 1, citing weaker exports and imports than previously thought.
02 Jul 2014
Global air cargo traffic grew 4.7 percent in May from the previous year, with all regions posting increased volumes as world trade and business confidence recovered from a weak first quarter, the International Air Transport Association said.
01 Jul 2014
Global sea and air freight rates could decline by as much as 2.5 percent by the end of 2014, experts at Drewry Maritime Research say.
30 Jun 2014
While many air freight carriers have seen their cargo shift to ocean during the long recovery from the Great Recession, DHL Express has experienced the opposite.
30 Jun 2014
Rumors that the new iPhone 6 will be launched in September have not only consumers eagerly anticipating Apple’s latest model smartphone. Millions of the China-made phones will be shipped across the world in freighters and in the belly holds of airlines, providing a welcome spike in revenue and yields for the air cargo industry.
27 Jun 2014
After two months of small pricing gains, Drewry’s East-West Air Freight Price Index dropped over four points in May.
27 Jun 2014
Expedited transportation companies increasingly are focusing on detailed, custom levels of service to the pharmaceutical business. But speed isn’t necessarily the most important thing they deliver for drug shippers.
27 Jun 2014
The loss-making Air China Cargo joint venture between Cathay Pacific and Air China will be given a cash injection by its shareholders of $320 million.
25 Jun 2014
Etihad Airways today established a foothold in Europe’s second-largest air freight market with an agreement in principle to acquire a 49 percent stake in Italian flag carrier Alitalia.
23 Jun 2014
Thai Airways is in “critical” condition, according to a report from Thailand’s State Enterprise Policy Office, as the military junta prepares to replace five board members in a management reshuffle of the troubled carrier.
20 Jun 2014
Shanghai Pudong International Airport Cargo Terminal Ltd. (PACTL) continues to capture market share.
Commentary
Mark Szakonyi, Executive Editor
Blake Shumate, COO, American Global Logistics
Mark Palladino, principal, ARG LLC
Sundeep Sanghavi, co-founder, DataRPM
Praveen Raveendran, logistics consultant
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Commentary
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Survive the holiday air capacity crunch with lead time planning
Poor invoicing costs cargo airlines cash and customers
Optimize fleet management with predictive maintenance
Ailing air cargo market calls for new flight patterns