Air Cargo

Air Cargo

News & Analysis

23 Nov 2022
Swiss forwarder Kuehne + Nagel is receiving new freighter capacity as global demand wanes and rate levels tumble through a non-existent peak season.
28 Apr 2016
CMA CGM has introduced a new container to corner the live lobster market.
25 Apr 2016
Japan’s air cargo trade with foreign countries will shrink for the second straight year in fiscal year 2016, which started on April 1, Nittsu Research Institute and Consulting Inc. predicted, citing sluggish exports and imports.
25 Apr 2016
TNT Express narrowed its net loss in the first quarter to 14 million euros ($15.8 million) from 19 million euros a year ago as it prepares to be taken over by its larger U.S. rival FedEx.
25 Apr 2016
Shanghai’s largest air cargo terminal has continued its solid volume growth of 2015 into the first quarter, handling record year-over-year throughput from January to March.
22 Apr 2016
Diversification, an acquisition and a change in its dimensional weight factor in its expedited less-than-truckload business helped drive first-quarter revenue and profit higher at Forward Air.
19 Apr 2016
There is mounting speculation that Amazon is interested in acquiring a stake in Frankfurt-Hahn Airport to establish a major European distribution hub.
12 Apr 2016
Europe’s leading air cargo carriers are continuing to post lower traffic figures month after month while their smaller rivals are still boosting their market shares.
06 Apr 2016
Global air cargo traffic shrank 5.6 percent in February, but the steepest monthly decline in three years was heavily skewed by the impact of disruption at U.S. West Coast ports in early 2015 that triggered a one-off spike in demand for air freight, the International Air Transportation Association said.
05 Apr 2016
Three acquisition-hungry companies, XPO Logistics, Celadon Group and Daseke, were the fastest-growing businesses on a list of the 50 largest U.S. trucking companies in 2015.
01 Apr 2016
Since the beginning of this year volumes across Russia’s shipping industry have begun to show signs of recovery after a dismal 2015 in which Western sanctions and the low price of oil devastated the country’s transportation firms.
29 Mar 2016
In the past few months, Amazon has moved openly and aggressively to increase its reach, capabilities and capacity in the logistics and distribution arena. The Seattle-based company purchased thousands of trailers blazoned with Amazon logos in the U.S., registered as a non-vessel-operating common carrier to better manage the flow of goods from China to the U.S. and leased 20 U.S. domestic cargo planes from Air Transport Services Group.
24 Mar 2016
Cargolux’s net profit surged in 2015, helped by cheaper fuel, but revenue shrank as low yields offset higher volumes.
23 Mar 2016
Brussels airport is in lockdown for a second day following the deadly bomb attacks on Tuesday and will remain closed to all passenger flights tomorrow.
22 Mar 2016
The movement of people and goods in and around Brussels ground to a halt Tuesday after a series of terror attacks rocked the Belgian capital. Brussels Airport has been shut down, all flights in and out cancelled, and public transportation throughout the city has been put on lockdown, sparking wide reports of gridlock.
22 Mar 2016
DHL Express said it will invest 100 million euros ($112 million) in a new totally automated sorting center at Roissy-Charles-de-Gaulle airport to keep pace with rising demand for parcel deliveries in the Paris region.
21 Mar 2016
As e-commerce demands push delivery limits, UPS is expanding its US and global early delivery guarantees for package shippers and customers.
17 Mar 2016
Lufthansa Cargo remained in the black for yet another year in 2015, overcoming the damaging impact of a pilots’ strike and growing oversupply in the global air freight market, while its main European rivals sank deeper into the red.
14 Mar 2016
The year-over-year distortions of the U.S. West Coast port dispute early in 2015 that pushed shippers to the skies were keenly felt in February cargo volumes at Hong Kong International Airport that recorded a drop of 15 percent compared to the same month last year.
09 Mar 2016
In a long-awaited deal, Amazon announced Wednesday it has acquired a stake in the Ohio company that has been helping the e-commerce giant run its secret air cargo operation in the state since last year and has signed a five- to seven-year lease for 20 cargo planes.
09 Mar 2016
Cathay Pacific’s 90 percent increase in 2015 net profit had no help from its cargo division, which after a solid first quarter saw demand for air freight largely fade away for the rest of the year.
08 Mar 2016
The global air cargo market got off to a strong start in 2016, with volume up 2.7 percent year-on-year, the fastest growth rate since last April, the International Air Transport Association said.
British Airways
26 Feb 2016
International Airlines Group carried less cargo in 2015 than a year earlier but its freight revenue grew as it focused on strategic partnerships and premium products to offset lower rates and yields in bearish global market.
24 Feb 2016
The enormous growth in China’s e-commerce market has driven up demand for domestic air express services and encouraged Boeing Co. to offer freighter conversions for its popular B737 passenger plane.
24 Feb 2016
The ground package arm of FedEx will lease a CenterPoint-owned distribution and sorting facility in Auburn, Washington, six miles from Amazon's Kent fulfillment center and close to the ports of Seattle and Tacoma.
24 Feb 2016
The lithium battery market is expected to double in the next 10 years, but the rapidly growing sector is crashing into a regulatory pushback from the aviation industry as safety fears mount.
23 Feb 2016
Taiwan’s Evergreen Group has announced management changes as a succession fight continues among the four sons of company founder and chairman Chang Yung-fa, who died Jan. 20.
22 Feb 2016
Evergreen Group will have no chairman following the death of company founder Chang Yung-fa but will appoint senior executives for each of the company’s subsidiaries, according to published reports in Taiwan.
18 Feb 2016
Air France-KLM narrowed its cargo loss in the fourth quarter of 2015 but its full-year deficit increased as it continued to scale back its troubled full-freighter operation.
17 Feb 2016
AirBridgeCargo began 2016 on a roll with volume soaring by a record 30 percent in January, but Russia’s largest air cargo carrier cautioned it faces challenges as it expands its global network.
17 Feb 2016
Blood dripping from a U.S. freighter at Harare airport in Zimbabwe led the plane’s captain to a grim discovery when he opened a hatch and a body fell out.
17 Feb 2016
Capacity cuts and a pre-Chinese New Year demand for air cargo on key routes barely managed to keep Cathay Pacific’s January volumes in positive territory.
16 Feb 2016
TNT Express returned to the black in the fourth quarter of 2015 as strong growth in European revenues more than offset declines in Brazil and China and its restructuring program gained momentum.
14 Feb 2016
E-commerce opportunities on both sides of the Canada-U.S. border are helping TransForce compensate for loss of energy, less-than-truckload volumes.
11 Feb 2016
A Feb. 1 change in dimensional weight pricing will benefit Forward Air Corp., the CEO of the ground-air expedited transportation company told Wall Street analysts this week.
11 Feb 2016
A massive increase in flower volumes destined for the U.S. reflects an increasing e-commerce capability that has allowed buyers to source directly from farmers.