Air Cargo Carriers News

House Transportation and Infrastructure Committee Chairman James L.

Air France-KLM is freezing its freight capacity despite rising global demand in a bid to boost margins following record annual cargo losses of $545 million.

Cargo traffic for Asia-Pacific airlines grew 32.1 percent in April as carriers expanded capacity at the sharpest rate yet to meet recovering demand in the region, according to the Association of Asia

UPS planned to begin the first furloughs of pilots this weekend under what the company calls an “unfortunate, but necessary” cost-cutting measure to scale back its air express flight opera

Oil spill-fighting equipment from Singapore, China and the UK and a team of salvage specialists from the Netherlands, all on aircraft charters coordinated by UK-based Chapman Freeborn, arrived in New

TNT Express Monday launched five day per week air cargo service between Moscow and its main European hub Liege, via Warsaw.

Aerologic, the joint venture cargo airline of DHL Express and Lufthansa Cargo, is expanding operations into the United Arab Emirates on a route between Germany and Hong Kong with a connection in the e

Air France-KLM's cargo business is set to report an annual $614 million operating loss this week, according to French newspaper Le Figaro.

Barely a week after reporting the worst financial results in its four-decade history, freighter operator Cargolux announced its first round-the-world service with an ambitious Europe-Asia-North Americ

Con-way Freight is expanding its international partnership with TNT to bring trans-Atlantic freight to Miami and Los Angeles.

Freight airline Cargoitalia will take its third MD-11 aircraft from a conversion company in June but the carrier said Wednesday it will delay use of the plane in scheduled service for three months.

Air Transport Services Group intends to buy three extended-range 767-300 aircraft and convert them to freighters in a purchase aimed at adding new scale to its plane leasing operations.

International cargo volume at Japan Airlines and All Nippon Airways surged in March on a year-on-year basis, according to figures released by the two biggest Japanese air carriers.

UPS and its long-time local service partner P&T Express formed a joint stock company to invest in facilities in key commercial and industrial centers across Vietnam.

Air Transport Services Group reported a 35 percent decline in net profit in the first quarter, to $7.2 million, as the cargo airline restructured operations under new agreements with DHL and flight cr

Lufthansa Cargo boosted freight traffic by 13.8 percent in April from a year ago despite a five-day shutdown of its Frankfurt hub.

Germany's Deutsche Post DHL, the global mail and logistics group, reported first quarter operating profit soared over 80 percent from a year ago driven by strong growth in its express, ocean and air f

FedEx Express, seeking to take advantage of surging demand, will add six 777 freighters to its order of all-cargo planes from Boeing, the carrier said Friday.

UPS formed a strategic alliance with AliExpress, an online wholesale marketplace launched by e-commerce facilitator Alibaba.com.

Atlas Air Worldwide Holdings, a provider of air cargo assets and outsourced aircraft operation, improved net profit 44.5 percent year-over-year in the first quarter earning $33.8 million on revenue up

Lufthansa Cargo swung to an operating profit of $45.5 million in the first quarter of 2010 from a $93.6 million loss a year ago, driven by surging cargo volumes and rising freight rates.

London – TNT’s net profit nearly doubled in the first quarter on strong gains in expedited shipping demand, but the Dutch express and mail carrier said it remains cautious about what it ca

The Transportation Security Administration has moved up enforcement deadlines and said that by May 1 at least 75 percent of cargo must be screened before it goes in the bellies of passenger aircraft.

Seventeen transportation and logistics companies were named to this year’s Fortune 500 list of biggest U.S. companies.

Miami International Airport’s cargo traffic grew 24 percent in the first quarter, including a 38.1 percent jump in March, as a recovery in expedited shipping through the gateway to Latin America

The Air Cargo Security Alliance, a coalition of 300 U.S.-based indirect air carriers, direct shippers and customs brokers, formally petitioned Janet Napolitano, head of the U.S.

LAN Airlines, one of Latin America’s leading passenger and cargo airlines, earned a net profit of $88.3 million for the first quarter of 2010, an increase of 35.8 percent compared to the first q

Global air cargo traffic soared 28.1 percent in March from a year ago and is just one percent short of the peak in early 2008, the International Air Transport Association said.

UPS launched its new intra-Asia air hub in Shenzhen, China, marking a shift in operations from the Philippines that reflects the changed balance of trade within Asia.

UPS said its net profit soared 33 percent in the first quarter on broad earnings gains across all its businesses, and the world’s largest parcel carrier issued its most optimistic statement yet

Hong Kong’s largest air freight handler set a one-day record for cargo tonnage, the company said Monday, signaling a recovery in Asia expedited shipping is maintaining momentum into the second q

For European airlines, the industry’s nascent recovery was carried away on what seemed to be a wisp of dust.

Cargolux, Europe's biggest all-cargo airline, said it lost $153 million in 2009 as falling cargo volume and shrinking margins slashed revenue by 34 percent to $1.3 billion.

It may be nearly mid-May before air freight shipments return to normal after the past week’s disruptions caused by a volcano in Iceland, said Brandon Fried, executive director of the Airforwarde

Europe's airline industry lurched back to life Wednesday as carriers put planes back into the air after being grounded for nearly a week by a volcanic ash plume from Iceland.

Demand for air charters on key routes to and from the Middle East, North America and worldwide has exploded since the shutdown of much of Europe’s air space following last week’s volcanic

Europe’s three largest cargo airports – Frankfurt, Paris Charles de Gaulle and Amsterdam Schiphol – reopened Tuesday after a five-day shutdown.

FedEx resumed flight operations at its European hub in Paris as the carrier and other express airlines began to work on clearing out the shipping backlog left by the shutdown of airspace under a cloud

Cargolux and forwarder Panalpina shifted the European leg of the “Dixie Jet” chartered trans-Atlantic freighter to Spain this week because of the volcanic ash cloud that has closed a large

European officials on Monday created three air zones to allow some flights in and out of the continent isolated since Thursday by volcanic ash in the air.