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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
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The latest
Air Cargo
News & Analysis
JAL Lost $646 Million in FY08
Hisane Masaki |
Japan Airlines Corp, Asia's largest air carrier, said on Tuesday that it suffered a net loss of $646.5 million on a consolidated basis in fiscal 2008, which ended on March 31.
Air Cargo
Air Cargo
Fraport Profit Dives 27 Percent
Bruce Barnard |
Frankfurt airport owner Fraport AG reported net profit dived 27 percent in the first quarter from a year ago as freight traffic slumped at Europe's biggest air cargo hub.
Air Cargo
Air Cargo
Air Cargo Carriers News
Airline Chief Warns Congress on 'Protectionism'
Alan Field |
Glenn Tilton, chairman and chief executive of United Airlines parent UAL, urged U.S.
Transport, Trade and Regulation News
Air Cargo
Transport, Trade and Regulation News
Nippon Express Profit Tumbles
Hisane Masaki |
Nippon Express, Japan's largest freight forwarder, said on Friday that it suffered declines in both sales and profit in fiscal 2008, which ended on March 31.
Air Cargo
Air Cargo
Expeditors Profit Falls, Margin Improves
JOC Staff |
Expeditors International said its net profit fell 11 percent to $59.3 million in the first quarter as the global forwarder saw its total revenue fall 30 percent to its lowest level in four years.
Air Cargo
Air Cargo
UPS Elects Board
Thomas L. Gallagher |
UPS shareholders on May 7 elected a 10-member board of directors.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Forwarder Group Joins Airline Board
JOC Staff |
The airline industry’s main cargo group in North America is reaching out to freight forwarders by giving that industry a seat on the Cargo Network Services board.
Air Cargo
Air Cargo
National Launches Afghanistan Flights
Marcy Frank |
Forwarder National Air Cargo is using its airline subsidiary to launch direct flights with construction materials from the United States to Afghanistan to supply the U.S. military.
Air Cargo
Air Cargo
Air Cargo Carriers News
USPS Loses $1.9 Billion
Thomas L. Gallagher |
The U.S. Postal Service lost $1.9 billion in the quarter ending March 31.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Deutsche Post DHL Profit Plunged 95 Percent
Bruce Barnard |
Germany's Deutsche Post DHL reported first quarter operating profit crashed 95 percent from a year ago mainly due to the cost of shuttering its U.S. domestic express delivery service.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Forwarding
U.S. Airlines’ Cargo Falls 21.1 Percent
JOC Staff |
U.S. airlines reported their worst quarter for cargo ever in the first three months of 2009, recording a 21.1 percent decline in traffic despite signs of growing demand late in the quarter.
Air Cargo
Air Cargo
TIACA Elects Ulrich Ogiermann Chairman
JOC Staff |
The International Air Cargo Association elected Ulrich Ogiermann as its new Chairman.
Air Cargo
Air Cargo
Atlas Air Profit Surges
Thomas L. Gallagher |
Aircraft leasing company Atlas Air Worldwide Holdings earned a record profit of $23.4 million in the first quarter after deconsolidating subsidiary Polar Air Cargo Worldwide for reporting purposes.
Air Cargo
Air Cargo
Air Cargo Carriers News
UPS Expands Customer Support in Asia
John Gallagher |
UPS is boosting service in Asia by expanding its after market network of field stocking locations in India and establishing a post-sales customer support center in the Philippines.
Air Cargo
Air Cargo
Air Cargo Forwarder News
BAA Loss Widens Nearly Six Fold
Bruce Barnard |
BAA, the world's biggest airports operator, reported pre-tax losses in the first quarter widened from a year ago amid slumping freight and passenger traffic at its seven UK airports.
Air Cargo
Air Cargo
MAC Cargo Handling Launches Operations
Thomas L. Gallagher |
MAC Cargo Handling launched operations May 4.
Air Cargo
Air Cargo
Air Cargo Carriers News
TNT Profit Drops 58.1 Percent
Thomas L. Gallagher |
As the global recession kept up the pressure on express and mail volumes, Dutch logistics giant TNT saw revenue decline 10.2 percent in the first quarter to $3.3 billion.
Transport, Trade and Regulation News
Air Cargo Forwarder News
Carriers are balancing pricing discipline with their need for volume
JOC Staff |
Shippers are expecting expedited pricing to take a sharp turn downward this year, and parcel carriers are working hard to prove them wrong.
Air Cargo
Air Cargo
Heathrow Cargo Falls 14.6 Percent
JOC Staff |
Cargo traffic at London Heathrow Airport, Europe’s third-largest freight airport, fell 14.6 percent in the first quarter compared to last year despite a slight improvement in business in March.<
Air Cargo
Air Cargo
Lufthansa Loses $58 Million
JOC Staff |
Lufthansa lost $58.2 million in a first quarter that saw overall revenue dive more than 10 percent from last year and cargo traffic fall 21.3 percent, the German airline announced Thursday.
Air Cargo
Air Cargo
Air Cargo Carriers News
Mexico to Shut Down Business to Fight Swine Flu
JOC Staff |
The Mexican government will shut down private business, including factories and transportation operations, for five days starting Friday as the country tries to halt the spread of the swine flu virus.
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
Transport, Trade and Regulation News
All Nippon Loses $43 Million
Hisane Masaki |
All Nippon Airways group posted its first full-year net loss in six years in fiscal 2008.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Martinair Exec Agrees to Jail Time
John D. Boyd |
A Dutch airline executive for Martinair Holland will plead guilty, serve jail time and pay a fine in connection with a price-fixing conspiracy for international air cargo shipments, the U.S.
Air Cargo
Air Cargo
Air Cargo Carriers News
Fuel Hedging Cuts LAN Profit
Thomas L. Gallagher |
But for a loss of $57.9 million on fuel hedging, LAN Airlines would have pulled in operating income of $176 million, an 18.9 percent improvement over last year in the first quarter.
Air Cargo
Air Cargo
Air Cargo Carriers News
Air Freight Falls 21.4 Percent
JOC Staff |
International air freight traffic fell 21.4 percent in March, a slight improvement from previous months but still the fourth month in a row the industry has fallen back by more than 20 percent.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Blue Dart Profit Dives 60 Percent
JOC Staff |
Blue Dart Express, India's leading air express and logistics services provider, earned net profit of $2.4 million for the first quarter ended March 31, down 60 percent from $6 million for the previous
Air Cargo
Air Cargo
Air Cargo Forwarder News
LAX Freight Falls 20.8 Percent
JOC Staff |
Freight traffic at Los Angeles International Airport, fell 20.8 percent in March compared to the same month last year, the eighth straight month of double-digit declines at the United States’ la
Air Cargo
Air Cargo
UPS May Furlough 300 Pilots
JOC Staff |
UPS is in talks with its pilots’ union over the possible furlough of some 300 pilots from the company’s airline operation.
Air Cargo
Air Cargo
Air Cargo Forwarder News
China Bars Foreigners from Domestic Express
R.G. Edmonson |
International express carriers are warning that a new Chinese postal law could curtail their own businesses in China.
Air Cargo
Air Cargo
Asia Air Freight Falls 21.6 Percent
JOC Staff |
Freight traffic for Asian airlines fell 21.6 percent in March from the same month a year ago but the carriers also saw signs in their busiest month so far in 2009 that the steep decline in cargo deman
Air Cargo
Air Cargo
Air Cargo Carriers News
UPS Profit Tumbles 55.7 Percent
JOC Staff |
Steep declines across all business segments sent UPS profit down 55.7 percent in the first quarter and the company announced new spending cuts to bring capacity in line with falling demand.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Cargo Screening Offers Profits, Risks
Bill Mongelluzzo |
A new world of opportunity is opening up to freight forwarders in the area of air freight security, but forwarders must be aware of the risks as well as the profit potential in screening of outbound s
Air Cargo
Air Cargo
Boeing Profit Cut in Half
Thomas L. Gallagher |
Boeing net income fell 50 percent in the first quarter as the impact of lower production and pricing hit hard.
Air Cargo
Air Cargo
FedEx Wins Independent Contractor Ruling
John Gallagher |
An appeals court found that FedEx Ground drivers at two Massachusetts terminals were independent contractors instead of employees and therefore outside the jurisdiction of the National Labor Relations
Trucking News
Trucking News
Air Cargo Forwarder News
Delta to Ground 14 Freighters
JOC Staff |
Delta Air Lines will ground its entire fleet of 14 747 freighters as it addresses big losses and a steep decline in cargo business, the airline said Tuesday.
Air Cargo
Air Cargo
Air Cargo Carriers News
Share Sale Boosts Deutsche Post Net
Bruce Barnard |
Germany's Deutsche Post DHL, Europe's biggest mail and transport company, tentatively suggested the downturn in the global logistics market may have bottomed out.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Forward Air Posts $3.1 Million Loss
JOC Staff |
Forward Air lost $3.1 million in the first quarter as the company saw accelerating declines in its core air freight trucking volume and took an impairment charge to meet the deteriorating market.
Air Cargo
Air Cargo
Trucking News
LTL
AA Cargo Raises Weight Limit
Thomas L. Gallagher |
American Airlines Cargo Division announced expanded its Priority Parcel Service Heavyweight product for shipments between the United States and Europe.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Flower Facility Opens at LAX
JOC Staff |
Freight handler Mercury Air Cargo says a new refrigerated transit facility at Los Angeles International Airport is taking in full freighter loads of flowers from South America, boosting efforts to cre
Air Cargo
Air Cargo
Air Cargo Carriers News
DHL Express Moving to Cincinnati
JOC Staff |
DHL will move its reduced U.S.
Air Cargo
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
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