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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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The latest
Air Cargo
News & Analysis
JAL Loses $1 Billion
Hisane Masaki |
Japan Airlines suffered a net loss of $1.04 billion in the April-June quarter -- sharply down from a $35.8 million loss a year earlier and the largest loss on record for any quarter.
Air Cargo
Air Cargo
Atlas Profit Soars Despite Downturn
JOC Staff |
Freighter operator Atlas Air says big capacity reductions across the international air cargo market helped the carrier post a better-than seven-fold increase in net profit in the second quarter, to $1
Air Cargo
Air Cargo
Air Cargo Carriers News
SAS Veteran Returns to Head Cargo Group
Thomas L. Gallagher |
Leif Rasmussen, a veteran of SAS Group and its various interests, will return to the company Aug. 17 as SAS Cargo’s new president and CEO.
Air Cargo
Air Cargo
Air Cargo Carriers News
Senate Panel Approves DOT, STB Nominees
John D. Boyd |
A key Senate committee approved the president’s nominees for senior jobs at the Department of Transportation, to lead the Surface Transportation Board and fill a slot at the National Transportat
Transport, Trade and Regulation News
Air Cargo
Rail News
Transport, Trade and Regulation News
USPS Lost $2.4 Billion in Third Quarter
Thomas L. Gallagher |
The U.S. Postal Service ended its third fiscal quarter June 30 with a net loss of $2.4 billion as cost cutting failed to keep pace with falling revenue.
Transport, Trade and Regulation News
Air Cargo Forwarder News
Transport, Trade and Regulation News
United Air Freight Grows 5 Percent
JOC Staff |
United Airlines had its busiest month for freight in nine months in July, with the carrier’s traffic growing 5 percent from the month before.
Air Cargo
Air Cargo
Expeditors Profit Slips 24 Percent
Thomas L. Gallagher |
Global logistics company Expeditors International of Washington earned net profit of $54.1 million in the second quarter, down 24 percent from a year ago.
Air Cargo
Air Cargo
EVA Air Freight Revenue Slides
JOC Staff |
Cargo revenue at Taiwanese carrier EVA Air plunged 51 percent in the first half of this year as falling Asian exports cut the airline’s freight traffic by nearly a third.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Nippon Express Profits Tumble
Hisane Masaki |
Nippon Express, Japan's largest freight forwarder, suffered sharp declines in sales and profit in the April-June quarter.
Air Cargo
Air Cargo
ANA Puts Quarter Loss at $307 Million
Hisane Masaki |
All Nippon Airways lost $307 million in the April-June quarter, compared with a group net profit of $69 million a year earlier.
Air Cargo
Air Cargo
Air Cargo Forwarder News
British Airways Lost $175 Million
Bruce Barnard |
British Airways swung to a net loss of $175 million in the fiscal first quarter from a $44.6 million profit in the same period in 2008 and warned of tough trading conditions for cargo and passengers t
Air Cargo
Air Cargo
Air Cargo Forwarder News
Delivering Cost Cuts
JOC Staff |
On the surface, at least, domestic parcel shipping looked remarkably strong at UPS amid the U.S. economic wreckage.
Air Cargo
Air Cargo
Air Cargo Forwarder News
USPS at High Risk Financially
JOC Staff |
A government audit says the financial viability of the U.S. Postal Service is at high risk as the USPS struggles to keep up with declines in mail volume reaching billions of pieces a year.
Transport, Trade and Regulation News
Air Cargo Forwarder News
Transport, Trade and Regulation News
Global Air Freight Fell 16.5 Percent in June
Bruce Barnard |
Global air freight traffic fell 16.5 percent in June from a year ago, the 13th straight month of shrinking volumes, the International Air Transport Association reported.
Air Cargo
Air Cargo
Changi Buys Stake in Kalkota Airport Project
JOC Staff |
Changi Airports International, a subsidiary of Singapore’s Changi Airport Group, acquired a 26-percent stake in India’s Bengal Aerotropolis Projects.
Air Cargo
Air Cargo
Air France-KLM Grounding Four Freighters
JOC Staff |
Air France-KLM said Thursday it will ground four freighters after losing $277 million on its cargo business in the three months ending June 30.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Qantas Freight to Add Dallas Service
Thomas L. Gallagher |
Qantas Freight said Wednesday it would launch service between China, Dallas and Sydney, Australia, adding cargo lift in a trans-Pacific market airlines have been targeting for capacity cuts for more t
Air Cargo
Air Cargo
Air Cargo Carriers News
Lufthansa Cargo Loses $87 Million
Bruce Barnard |
Lufthansa Cargo swung to an $87 million operating loss in the second quarter from a $95 million profit a year ago amid a "severe" slump in revenue.
Air Cargo
Air Cargo
Air Cargo Carriers News
BAA First Half Loss Quadruples
Bruce Barnard |
London -- BAA, the world's biggest airport operator, reported first half pre-tax losses quadrupled from a year ago on falling passenger and cargo traffic and exceptional charges.
Air Cargo
Air Cargo
UPS Launches Mexico-U.S. Ground Shipping
Thomas L. Gallagher |
UPS on July 13 launched ground service for small packages from Mexico to the United States.
Trucking News
Trucking News
Air Cargo Forwarder News
LTL
Asia Air Freight Falls 17.4 Percent
JOC Staff |
Asia’s airlines had their strongest month for freight business in four months in June and the Association of Asia Pacific Airlines said it was seeing a steady recovery in the air cargo market de
Air Cargo
Air Cargo
Panalpina Faces Investor Claim
JOC Staff |
Swiss logistics giant Panalpina said Monday it is disputing a claim for damages by a major institutional shareholder resulting from the company’s withdrawal from troubled business in Nigeria.
Air Cargo
Air Cargo
DB Schenker Set to Launch Frankfurt Hub
Bruce Barnard |
DB Schenker plans to start operations at its new European air freight hub at Frankfurt airport in early August.
Air Cargo
Air Cargo
TNT Profit Declines 60 Percent
Bruce Barnard |
TNT’s net profit dived 60.5 percent to $115 million in the three months ending in June, the fourth consecutive quarter of year-on-year decline.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air France-KLM Cargo Revenue Crashes
Bruce Barnard |
Air France-KLM's freight revenue plunged 41.5 percent in the fiscal first quarter as the carrier's cargo unit bears the brunt of the global economic downturn.
Air Cargo
Air Cargo
Air Cargo Forwarder News
ABX Closes Wilmington Hub
JOC Staff |
An ABX Air freighter taking off for New York from the Wilmington, Ohio, Air Park this morning, became the last aircraft operating from the airport that had once hosted the United States’ No.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
TNT Expands Vietnam Hub
Thomas L. Gallagher |
TNT on Thursday opened its expanded and re-modeled International and Domestic Operations Centre in Ho Chi Minh City.
Transport, Trade and Regulation News
Air Cargo Forwarder News
UPS Profit Falls 49 Percent
JOC Staff |
UPS saw its net profit fall 49 percent in the second quarter, to $445 million, and the company said it expected the economy that has cut deeply into shipping demand to remain just as weak in the comin
Air Cargo
Air Cargo
Air Cargo Forwarder News
Deutsche Post DHL Profit Plunges 71 Percent
Bruce Barnard |
Lower revenue and bad debts pushed profit in the second quarter down 71 percent for Deutsche Post DHL. The world's biggest logistics company warned of tough market conditions ahead.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
TNT Increases Indonesia Service
Thomas L. Gallagher |
TNT is expanding services in the East Kalimantan with the operation of a 737-300 leased cargo freighter to fly the Singapore – Balikpapan route.
Air Cargo
Air Cargo
Air Cargo Carriers News
Aramex Joins Cargo 2000
Thomas L. Gallagher |
Global logistics provider Aramex joined Cargo 2000, taking advantage of the quality management system for the global air freight industry provided by the industry group within the International Air Tr
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Forward Air Profit Falls 77 Percent
JOC Staff |
Forward Air saw its profit in the first quarter fall 77 percent, to $2.8 million, and the air freight trucker said business will be worse in the second half of the year than it had been forecasting.
Air Cargo
Air Cargo
Volga-Dnepr Volume Falls 5 Percent
Bruce Barnard |
Cargo volume declined 5 percent in the first half of 2009 for Volga-Dnepr, Russia's biggest air cargo carrier.
Air Cargo
Air Cargo
Air Cargo Carriers News
AirBridgeCargo Launches Kabul Flights
Thomas L. Gallagher |
AirBridgeCargo Airlines launched charter 747 freighter service to Kabul, Afghanistan with the first flight on July 14.
Air Cargo
Air Cargo
Air Cargo Carriers News
Cargoitalia Defers Relaunch
JOC Staff |
Cargoitalia, its finances rebuilt with new backing, will put off the relaunch of its freighter services until the fall because of the weak economy.
Air Cargo
Air Cargo
UPS Says No ‘Pay to Play’
JOC Staff |
UPS said Friday it did not pay for support from a conservative group that was reported to have solicited donations from FedEx in the package carriers’ legislative battle over labor law.
Transport, Trade and Regulation News
Air Cargo
Air Cargo Forwarder News
Transport, Trade and Regulation News
British Airways to Raise $1 Billion in Cash
Bruce Barnard |
British Airways on July 17 announced it will raise more than $1 billion in cash to survive “the biggest crisis the aviation industry has ever known.”
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Conservative Group Hit Up FedEx in UPS Dispute
JOC Staff |
A major conservative interest group asked FedEx for a $2 million to $3 million donation in exchange for the group’s backing in a legislative battle with UPS, according to a published report Friday.
Air Cargo
Air Cargo
Trucking News
Air Cargo Forwarder News
Transport, Trade and Regulation News
Trucking labor
Weak Pricing Slices AA Cargo Revenue
JOC Staff |
American Airlines’ cargo revenue plunged 42.6 percent in the second quarter to $134 million as falling shipping demand sent air freight prices into a steep slide.
Air Cargo
Air Cargo
Heathrow Sees Busiest Cargo Month of 2009
JOC Staff |
London Heathrow Airport had its busiest month for cargo in eight months in June, despite a 14.5 percent year-over-year decline in freight tonnage at the key European gateway.
Air Cargo
Air Cargo
Air Cargo Carriers News
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