Air Cargo Carriers News

Air freight rates for Asia outbound shipments rose 4.6 percent in January over the same month a year ago, the first year-over-year increase in Drewry’s Air Freight Price Index in 15 months.

The trans-Pacific market appears to have flipped. In a reversal of the established traffic patterns of the past three decades, U.S.

The Federal Aviation Administration will finally be able to bring the country’s air traffic control systems into the modern era, but only after fighting through some long-standing conflicts.

Hong Kong International retained its title as the world’s largest air cargo gateway in 2011, despite a decline in volume resulting from Asia’s slowing exports.

Etihad Crystal Cargo is reaping the benefits of added capacity in a growing Middle East air freight ma

Lufthansa Cargo said it will stop diverting freighters to Cologne Airport to avoid a night flight ban at its Frankfurt hub, saying the diversion is too costly and has resulted in a loss of customers.<

Lufthansa Cargo&rsquo;s freight traffic tumbled 11.4 percent in January from a year ago amid a weakening global economy that threatens further declines over the coming six months.

Global air freight volumes declined by 1 percent last year, but traffic could improve quickly this year if the overall economic situation improves, according to Airports Council International.

Air France-KLM blamed a weak global economy and the timing of the Chinese New Year for cargo revenue slumping 10.3 percent in January from a year ago.

Korean Air said it will strengthen its cargo operations on a trans-Pacific and a North Europe service by adding a new freighter to each.

Worldwide smartphone shipment volume jumped 54.7 percent in the fourth quarter to 157.8 million units, spurred by the release of new products that provided a flood of new electronics shipping last yea

Forwarder Nippon Express saw net profit surge 67.3 percent in nine months ending Dec. 31, as the end of a retirement-related accounting loss boosted earnings on flat revenue.

China barred its airlines on Monday from joining the European Union&rsquo;s new carbon trading scheme that will charge airlines for carbon emissions for flights to and from Europe.

After five years and 23 extensions, authorization of Federal Aviation Administration operations could clear Congress as early as this week.

BAA must sell London Stansted, the U.K.&rsquo;s second largest air cargo hub, after a court rejected the airport operator&rsquo;s appeal against a ruling by anti-trust regulators.

Global air cargo traffic increased in December on a month-to-month basis for the second straight month, but yields remain under pressure, the International Air Transport Association said.

Etihad Crystal Cargo plans to buy A330-200 freighters, valued at roughly $423 million, as the Abu Dhabi-based carrier works to double its fleet capacity amid an industry slump.

Throughput at Kong Kong International Airport in December fell 4.3 percent year-over-year, pulling annual traffic down 4.6 percent at the world&rsquo;s largest cargo airport.

Emirates SkyCargo will further boost cargo capacity to Africa in early February by adding five weekly flights from Dubai to the capitals of Zambia and Zimbabwe.

Pantos Logistics recently opened a second logistics center at South Korea's Incheon airport, the world&rsquo;s fourth largest cargo airport by volume in 2010.

Spain&rsquo;s new centre right government scrapped a plan to privatize Madrid and Barcelona airports, the country&rsquo;s two largest cargo hubs, citing market volatility amid Europe&rsquo;s sovereign

Lufthansa Cargo is putting its freighter capacity behind the recovering automobile manufacturing industry.

Frankfurt-Hahn airport&rsquo;s cargo traffic surged 25 percent in 2011 from a year ago, as export shipments at the German airport skyrocketed to an all-time high.

New freighter services that included the launch of all-cargo connections to China helped Singapore Changi Airport to its busiest month for cargo in three years in December and a strong finish to 2011.

The recovery in U.S. shipping demand is showing up at Los Angeles International Airport, North America&rsquo;s largest gateway for trans-Pacific air cargo.

South Korean air cargo traffic in 2011 fell 1.9 percent year-over-year, but government officials expect various international events, including the London Olympic Games, to boost shipments of high-tec

Japan&rsquo;s All Nippon Airways in November saw international cargo traffic slip 0.3 percent year-over-year, while rival Japan Airlines in the same period saw traffic rise 4.8 percent, the first incr

Cargo transported by Cathay Pacific and sister carrier Dragonair in December plunged 11.9 percent year-over-year but

Only a small percentage of the world&rsquo;s refrigerated shipments are put on airplanes, but just as in other modes, air carriers and airport operators are fighting for a bigger market share.

More Asian air cargo carriers will remove capacity this week year as export traffic remains week, said industry executives.

Air France-KLM&rsquo;s cargo business faces further cutbacks after Europe&rsquo;s largest airline unveiled a radical three-year restructuring to secure long-term profitability.

AirBridge Cargo Airlines is defying the broad cutback in Asia-focused air freight capacity with new s

Lufthansa Cargo boosted traffic by a modest 1.6 percent in December from a year ago, but this was sufficient to end 2011 up 5 percent year-over-year and hit record tonnage.

It took airline cargo executives several months into 2011 before they started pulling back capacity to meet the reality of reduced shipping demand.

U.S. exporters of semiconductors and consumer electronics strongly supported the passage of the three new trade agreements, and expect the deals to provide a significant boost to U.S.

YRC, looking to restructure its operations as the trucking operator seeks to rebuild its finances, is preparing for talks with the Teamsters union on a redesign of its freight terminal network and how

For those in the air cargo industry, 2011 was a year spent taking inventory of progress on enhancing national security in the wake of the 10-year anniversary of the September 11 terror attacks.

The owners of failed freight airline Cargoitalia are attacking rival carrier Cargolux, claiming unfair competition forced the Milan-based operator into liquidation.

China&rsquo;s airlines won&rsquo;t pay any charges under the European Union&rsquo;s new carbon trading scheme, while other Asian airlines, including Cathay Pacific, say they may impose surcharges or i

Jade Cargo International, a joint venture between Lufthansa Cargo and Shenzhen Airlines, is grounding its fleet of six 747-400s because of weak demand.