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Air Cargo
Get the latest air cargo news and analysis with JOC. From carriers to trends, get insights into air freight news, air cargo shipping, and more.
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Air Cargo Carriers News
Air Cargo Forwarder News
The latest
Air Cargo
News & Analysis
All Nippon International Volume Grows 16 Percent
Hisane Masaki |
All Nippon Airways said its international cargo volume rose for the 17th consecutive month in January, increasing 15.8 percent to 40,733 tons.
Air Cargo
Air Cargo
DHL Boosts Profit 50 Percent
Bruce Barnard |
Deutsche Post DHL boosted earnings 50 percent in 2010 from a year ago as the global economic recovery drove strong volume growth and higher freight rates in ocean container, air cargo and express mark
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Lufthansa Books $1.5 Billion Profit
Bruce Barnard |
Lufthansa said it made a $1.5 billion net profit in 2010 compared with a year-earlier loss of $47 million, bolstered by a one-off tax gain of $556 million and record operating profit for Lufthansa Car
Air Cargo
Air Cargo
Air Cargo Carriers News
Antitrust Penalties Push Panalpina to 2010 Loss
Bruce Barnard |
Panalpina boosted 2010 net revenue 20 percent from the previous year to $7.7 billion, driven by double digit growth in ocean container and air freight traffic.
Air Cargo
Air Cargo
Forwarding
ATSG Profit Grows Despite DHL Loss
JOC Staff |
Contract cargo airline Air Transport Services Group saw its net profit grow 15.6 percent in 2010 over the year before to $39.9 million despite a steep decline in revenue from lost business with DHL.
Air Cargo
Air Cargo
Air Cargo Carriers News
Expeditors' Rose Wouldn't Sell to Buffett
JOC Staff |
Peter J.
Air Cargo
Air Cargo
Lufthansa Cargo Expands Freighter Network
Bruce Barnard |
Lufthansa Cargo is significantly expanding its freighter network with the launch of new services to China, the U.S., Spain, India and Pakistan.
Air Cargo
Air Cargo
Soaring Oil Prices Cut Airline Profit Forecast
Bruce Barnard |
The International Air Transport Association March 2 cut its estimate of global airline profit in 2011 as surging oil prices driven by turmoil in the Middle East outweigh the impact of rising traffic.
Air Cargo
Air Cargo
Europe’s Air Cargo Grew 8.2 Percent in 2010
JOC Staff |
Freight traffic for European airlines grew 8.2 percent in 2010 in a tepid recovery following two years of decline, according to the Association of European Airlines.
Air Cargo
Air Cargo
DOJ Confirms Parcel Antitrust Probe
William B. Cassidy |
The Justice Department is investigating possible anticompetitive behavior in the time-sensitive parcel market, a department spokeswoman confirmed today.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Global Air Cargo Jumps 9.1 Percent in January
Bruce Barnard |
Global air freight traffic increased 9.1 percent in January from a year ago, driven by a surge in North America, to outpace growth in the previous two months, the International Air Transport Associati
Air Cargo
Air Cargo
Forwarding Rebound Gives Geodis $48 Million Profit
JOC Staff |
French logistics operator Geodis turned a $48.3 million operating profit in 2010, recovering from a loss the year before on a strong rebound in freight forwarding business.
Air Cargo
Air Cargo
USPS Seeks Parcel Pricing Freedom
JOC Staff |
The U.S. Postal Service is seeking freedom to price its parcel services outside existing rate regulation, saying it needs the flexibility to operate in "a highly competitive marketplace."
Air Cargo
Air Cargo
Merged BA-Iberia Boosts Cargo Revenue
Bruce Barnard |
International Consolidated Airlines Group, formed from the merger of British Airways and Spain's Iberia, boosted cargo revenue more than 28 percent above the combined figure for the partners in fourth
Air Cargo
Air Cargo
Expeditors Fourth Quarter Profit Soars 40 Percent
JOC Staff |
Expeditors International of Washington boosted its net profit 40 percent in the fourth quarter to $96.5 million, capping a strong recovery year that saw the forwarder improve its operating profit 42 p
Air Cargo
Air Cargo
BAA Narrows Loss, Cargo Revives
Bruce Barnard |
BAA, the owner of London's Heathrow and Stansted airports, sharply narrowed 2010 losses from the previous year as cargo surged.
Air Cargo
Air Cargo
TNT Express Profit Grows, Mail Retreats
Bruce Barnard |
TNT reported Monday its net profit grew 21.5 percent in 2010 to $480 million but Europe’s second largest post and express delivery company saw earnings pull back in the fourth quarter as the com
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
USPS Price Increases Take Effect April 17
Thomas L. Gallagher |
The Postal Regulatory Commission notified the U.S. Postal Service that price increases announced Jan. 13 satisfy the requirements of the law and will take effect April 17.
Air Cargo
Air Cargo
Hong Kong Overtakes Memphis in Air Cargo
JOC Staff |
Hong Kong International Airport formally overtook Memphis as the world’s busiest cargo airport in 2010 with release of the full-year figures for the airports.
Air Cargo
Air Cargo
ISO Certifies US Operations of DHL Express
Thomas L. Gallagher |
DHL Express received a multi-site quality management certification from the International Standards Organization for all its U.S. locations.
Air Cargo
Air Cargo
Air Cargo Forwarder News
ANA Carries 29 Percent More International Cargo
Hisane Masaki |
Japan's All Nippon Airways said its international cargo volume increased for the 16th consecutive month in December on a year-on-year basis, soaring 29.3 percent to 46,349 tons.
Air Cargo
Air Cargo
Forward Air Nearly Doubles Earnings
Thomas L. Gallagher |
Forward Air nearly doubled earnings in its fourth quarter to give the airport-to-airport trucker a $32 million profit for 2010.
Air Cargo
Air Cargo
Severe Weather Hits FedEx Profit Forecast
JOC Staff |
FedEx is forecasting its earnings in the fiscal quarter ending this month will come up to 40 percent below earlier projections because of the severe impact
Air Cargo
Air Cargo
Air Cargo Forwarder News
LTL
Atlas Air Sales Rise 26 Percent in 2010
William B. Cassidy |
Fourth quarter and full year profit soared at Atlas Air Worldwide Holdings, fueled by strong air freight demand and tight wide-body, long-haul freighter capacity.
Air Cargo
Air Cargo
Air Cargo Carriers News
Steen Replaces Ogiermann at Airline Group
JOC Staff |
Atlas Air Worldwide Holdings executive Michael Steen will replace Ulrich Ogiermann as chairman of The International Air Cargo Association, the worldwide group announced.
Air Cargo
Air Cargo
Air Cargo Carriers News
Frankfurt, Munich Airports Break Cargo Records
Bruce Barnard |
Germany's largest airports, Frankfurt and Munich, broke cargo records in January and expect significant growth in 2011.
Air Cargo
Air Cargo
Lufthansa Cargo Boosts January Traffic 17.5 Percent
Bruce Barnard |
Lufthansa Cargo boosted freight traffic 17.5 percent in January from a year ago.
Air Cargo
Air Cargo
Air Cargo Carriers News
Air France-KLM Swings to $81.6 Million Cargo Profit
Bruce Barnard |
Air France-KLM's cargo unit swung to an $81.6 million operating profit in the final three months of 2010 from a $39.5 million loss a year ago, extending a year-long recovery that has been driven by sh
Air Cargo
Air Cargo
USPS Posts $329 Million Quarterly Loss
William B. Cassidy |
The U.S. Postal Service lost $329 million in its last quarter and expects to run out of cash by the end of its fiscal year Sept. 30.
Air Cargo
Air Cargo
Toll Relocates HQ, Opens Branch Offices
Thomas L. Gallagher |
Toll Global Forwarding Americas relocated their corporate headquarters to Springfield Gardens, N.Y. and opened branch offices in Philadelphia and Atlanta.
Air Cargo
Air Cargo
JFK Freight Growth Slows in November
JOC Staff |
Freight tonnage at New York’s John F.
Air Cargo
Air Cargo
Kintetsu World Express Net Profit Doubles
Hisane Masaki |
Kintetsu World Express, Japan's second-largest international forwarder, said its net profit surged 103.4 percent in the nine months ending Dec. 31 from a year earlier to $79.6 million.
Air Cargo
Air Cargo
Air Cargo Container Company Opens European Depot
JOC Staff |
Active CC Boxes has opened a depot Frankfurt, Germany, to handle its Kodiak™ reusable shipping containers, cutting repositioning costs for shippers and the company.
Cool Cargo News
Air Cargo
Air Cargo Carriers News
Cool Cargo News
Asia Air Freight Rate Index Dives 31.9 Percent
JOC Staff |
Air freight prices out of Asia plunged 31.9 percent year-over-year in December to their lowest point in 15 months, according to the
Air Cargo
Air Cargo
Chapman Freeborn Set for Egypt Evacuation Flights
Bruce Barnard |
Air chartering company Chapman Freeborn said it expects increased demand for aircraft to evacuate foreign nationals from Egypt in the coming days.
Air Cargo
Air Cargo
Nippon Express Profit Tumbles 22 Percent
Hisane Masaki |
Nippon Express, Japan's largest freight forwarder, said its net profit plunged 21.9 percent in the first nine months of fiscal 2010, which started in April, from a year earlier to $123.2 million.
Air Cargo
Air Cargo
TNT Takes $62 Million Hit
Bruce Barnard |
TNT, the Dutch express delivery and mail company, warned severe weather, strikes and integration costs will shrink its fourth quarter 2010 operating profit by around $62 million.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Global Air Cargo Jumped 20.6 Percent in 2010
Bruce Barnard |
Global air cargo traffic surged by over a fifth in 2010 from the previous year, driven by a rebound in international trade, the International Air Transportation Association said.
Air Cargo
Air Cargo
Asia Air Freight Hits Record in 2010
JOC Staff |
Cargo traffic for Asia-Pacific airlines grew 24.2 percent in 2010 in a strong rebound that pushed freight business to a new record far beyond the pre-recession levels, according to the Association of
Air Cargo
Air Cargo
UPS Upgrades Outlook as Profit Soars 62 Percent
JOC Staff |
A big gain in domestic package business along with tight cost controls drove UPS to its strongest profit in four years in 2010, a $3.49 billion net profit that was 62.1 percent better than the year be
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
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