Air Cargo

The U.S.

UPS, the world’s largest package delivery company, expects to carry 400 million packages worldwide during the holiday season between Thanksgiving and Christmas this year.

Japan's two largest airlines posted mixed international cargo results in September, signaling an uneven recovery.

Global forwarder Panalpina won significant new business from two of its long-time customers, oil and gas industry technology and equipment providers Halliburton and Weatherford.

Air Transport Services Group came through the third quarter with nearly the same operating income as a year earlier despite the scaled-down U.S.

FedEx Express launched FedEx India, a domestic next-business-day express shipping service covering major cities in the country.

Singapore Airlines added Atlanta to its freighter schedule with weekly 747-400 service that connects the city to service that stretches around the world.

Iberia swung to a third quarter loss from a year-earlier profit, the Spanish airline reported Friday, highlighting the financial pressures that spurred its planned $7 billion merger with British Airwa

Struggling Japan Airlines suffered a net loss of $1.47 billion in the first half of fiscal 2009, which started in April.

London – British Airways and Spain’s Iberia said November 12 they have struck a preliminary agreement for a merger.

The output of the freight transportation industry declined 0.5 percent in September from August, blunting a three-month long recovery, according to a report Thursday from the U.S.

Update 5:00 p.m. ET, 11-12-2009: BA, Iberia Agree on Merger

FedEx’s freight forwarding division said Thursday it is adding seven offices in Asia and Europe as part of what the company calls “an aggressive global expansion” of its forwarding o

FedEx says it expects no more audits from the Internal Revenue Service now that the agency for the second time dropped a look at potential penalties in the company’s classification of parcel division

Cathay Pacific Airways reported its strongest cargo figures of the year in October, with traffic reaching its highest level of 2009 and aircraft operating at their highest load factors in several year

Kintetsu World Express, Japan's second-largest international forwarder, suffered sharp drops in revenue and profit in the first half of fiscal 2009.

BAA reported cargo at its seven U.K. airports, including London Heathrow, increased in October for the first time since August 2008.

Frankfurt airport handled more freight in October than it did a year ago, the first year-over-year rise at Europe's biggest air cargo hub since June 2008.

To fully equip a Bronx, N.Y., station as the company’s first all-hybrid facility, FedEx Express ordered 51 new hybrid vehicles from Azure Dynamics.

EVA Air Cargo on Nov.

Lufthansa Cargo carried 4 percent less freight in October than a year ago, the third consecutive month of single digit declines and just over a fifth of the drop at close rival Air France-KLM.

Air France-KLM, Europe’s biggest cargo airline, reported freight traffic shrunk 19.1 percent in October from a year ago, led by a slump in shipments in its Asia/Pacific network.

Jet fuel prices around the world reached their highest levels of the year in October, topping out at more than $2 a gallon on the U.S. West Coast, according to the U.S.

British Airways will pay a $4.2 million fine under a ruling by a Canadian court that the airline participated in a cargo price-fixing cartel between 2002 and 2006.

London -- British Airways reported a record $485 million pre-tax loss in the first half of the fiscal year amid collapsing premium passenger numbers and cargo revenue.

Air cargo officials are hailing the Federal Aviation Administration’s decision this week to reject a Burbank, Calif., airport’s request for a ban on overnight flights, saying the curfew wa

BirdDog Logistics acquired Churchill Transport Group and its affiliate CTG Financial.

The Airbus A330-200F cargo jet made its maiden test flight Nov. 5, launching the European aerospace firm's challenge to U.S. rival Boeing in the market for mid-sized freighters.

Cobham Aviation Services Australia bought three regional aircraft from BAE Systems after leasing them for the past 15 years.

Fraport AG, owner of Frankfurt airport, reported a 55 percent slump in third quarter profit but said freight volume is recovering at Europe's biggest air cargo hub.

Deutsche Post DHL lost $123 million in the third quarter, reflecting costs involved in DHL's exit from the U.S.

Israel Aerospace Industries' Bedek Aviation Group completed its first conversion of a 765-300 aircraft from passenger to freighter configuration.

Panalpina, the Swiss global logistics and freight forwarding group, reported a sharp drop in third quarter earnings but said it boosted ocean and air freight market share on key trade lanes.

Prices for Priority Mail will increase an average of 3.3 percent on Jan. 4, 2010, the U.S. Postal Service announced Wednesday.

Forwarding giant Nippon Express suffered sharp declines in sales and profit in the six months ending Sept. 30, the company said.

An Internal Revenue Service decision to reverse a previous assessment that FedEx had misclassified some package delivery drivers marks a strong victory for the carrier and its use of independent contr

Stronger international lift and a pickup in next-day shipments took some of the sting out of the recession for UPS in the third quarter.

Tightening lift is forcing shippers and their air cargo agents to shift gears.

Korean Air started 747-400 freighter service to Hanoi this week, the carrier announced in a strong signal of Vietnam’s growing prominence in Asia trade.

Deutsche Post DHL, Europe's biggest mail and express delivery company, agreed to a labor contract with the Verdi union, according to a Reuters report.