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air cargo carriers news
Air Cargo Carriers News
Stay informed with air cargo carriers news. Journal of Commerce covers updates on air cargo carriers, air craft carrier capacity, rates routings and technology.
The latest Air Cargo Carriers News & Analysis
TNT Adds Europe-China Freighter Flight
Bruce Barnard |
TNT Express, Europe's second largest express delivery carrier, boosted capacity on the Europe-China route on Sept. 18 with the addition of a new 747 extended range freighter.
Air Cargo
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Cathay Cargo Tonnage Declines 6.3 Percent
JOC Staff |
Cathay Pacific Airways’ cargo tonnage fell in August at the smallest rate of the year, a 6.3 percent decline the airline said provided greater evidence that the air freight downturn has bottomed
Air Cargo
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FedEx Raises Rates as Profit Falls 53 Percent
JOC Staff |
FedEx reported a $181 million profit Thursday for its fiscal quarter ending Aug.
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LTL
IATA: Airlines Ground 227 Freighters
JOC Staff |
The world’s airlines have grounded 227 freighters, or nearly 12 percent of the fleet of all-cargo planes, in response to the global economic downturn that has cut steeply into cargo traffic and
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Amerijet Cargo Pilots Approve Contract
JOC Staff |
Striking flight crewmembers at cargo airline Amerijet International overwhelmingly approved a contract settlement that could put them back to work in a week, the Teamsters union announced Monday.
Air Cargo
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Teamsters Launch FedEx Canada Campaign
JOC Staff |
The Teamsters union, already fighting legal and legislative battles to organize FedEx workers in the United States, said Monday it is launching a “large-scale campaign” to bring FedEx work
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Trucking labor
Air France-KLM to Restructure
Bruce Barnard |
Air France-KLM, Europe's biggest airline, reportedly plans to transfer its freighter operations to Martinair, its low cost Dutch subsidiary, in the next two years as part of a radical restructuring of
Air Cargo
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Amerijet Pilots Reach Tentative Contract
JOC Staff |
The union representing striking flight crewmembers at Amerijet International reached a tentative agreement with the cargo airline, negotiators said Friday, and members will vote on the pact over the w
Air Cargo
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FedEx Sees “Modest Recovery”
JOC Staff |
FedEx issued an upbeat new view of the economy Friday, saying its earnings could end up nearly double earlier projections in part because of gains in international express shipping.
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LTL
DHL Cuts 560 Jobs in Retailer Bankruptcy
JOC Staff |
DHL will eliminate 560 jobs in Germany as a result of the insolvency of German retailer Arcandor, the company announced.
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Boeing Forecasts $1 Trillion Growth in Asian Aviation
Thomas L. Gallagher |
Boeing predicts the Asia Pacific region will become the world’s largest aviation market over the next 20 years, investing more than $1 trillion in new airplanes.
Air Cargo
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MASkargo Launches Narita Service
Thomas L. Gallagher |
Malaysia Airlines Cargo launched service to Narita International Airport, Japan’s busiest air freight hub.
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ICAO, IATA to Put Dangerous Goods Info Online
Thomas L. Gallagher |
The International Civil Aviation Organization and the International Air Transport Association will create two Web-based products under a commercial agreement to facilitate the implementation of danger
Air Cargo
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Lufthansa Cargo Traffic Falls 1 Percent
Bruce Barnard |
Lufthansa Cargo's freight volume fell 1.1 percent in August from a year ago, ending several months of double digit declines.
Air Cargo
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Japanese Air Cargo Slump Eases
Hisane Masaki |
Japan's two largest airlines saw the deep slump in their international cargo operations ease in July, their monthly reports show, amid growing hopes for a global economic recovery.
Air Cargo
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Air France to Cut Jobs, Capacity
Bruce Barnard |
Air France announced it will cut its cargo capacity by fifteen percent and eliminate 1,500 jobs to cut costs amid steep falls in freight traffic.
Air Cargo
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Accusations Fly as Amerijet Strike Persists
JOC Staff |
Cargo airline Amerijet said it headed into the second week of a strike by flight crews with aircraft operating normally as the Teamsters union claimed growing support for its walkout.
Air Cargo
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AA Cargo Launches Temperature-Controlled Service
Thomas L. Gallagher |
American Airlines Cargo Division launched an express temperature-controlled service on Sept. 1 following a successful trial in the early summer.
Air Cargo
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Lufthansa May Sell Freighter Fleet
Bruce Barnard |
Lufthansa Cargo warned it might give up its fleet of freighters if night flights are outlawed at its Frankfurt airport hub.
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Tampa Cargo Eyes Europe-Colombia Flights
JOC Staff |
South American freight airline Tampa Cargo is considering direct all-cargo flights between Colombia and Europe, airline industry officials said Friday.
Air Cargo
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Freight Airline Amerijet Flies Despite Pilot Strike
JOC Staff |
Cargo airline Amerijet International said Friday it is maintaining its scheduled freighter flight operations despite a strike by pilots and flight engineers.
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Asia Airlines Freight Falls 11.4 Percent
JOC Staff |
Asia-Pacific airlines saw their best month for freight traffic in 2009 in July as they pulled capacity back faster than falling demand and recorded their smallest year-over-decline in freight traffic
Air Cargo
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Global Air Freight Decline Slows in July
Bruce Barnard |
The year long decline in global air cargo slowed in July but revenue and freight rates remain under intense pressure, the International Air Transport Association said.
Air Cargo
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UPS Faces Overtime Lawsuit
Air Cargo World |
A class-action lawsuit filed against UPS last week claims the delivery giant has been withholding as much as $100 million in overtime wages from account managers throughout the United States.
Air Cargo
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Cathay Cargo Decline Bottoms Out
JOC Staff |
Cathay Pacific Airways and subsidiary Dragonair carried 133,233 tonnes of cargo and mail in July, down 6.7 percent compared to the same month last year, but a sharp cut in capacity helped boost the ca
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Miami is Hardly Perishable
Ian Putzger |
Latin American exporters have long believed they could gain longer shelf life for products by bypassing Miami and flying goods closer to markets in the Midwest.
Air Cargo
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JAL Seeks Freight Merger with NCA
JOC Staff |
Japan Airlines said Friday it is in talks with rival Nippon Cargo Airlines to merge their freight businesses because of the dramatic drop in shipping demand.
Air Cargo
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Court OKs Frankfurt Expansion
Bruce Barnard |
A German court on Aug. 21 approved a $5.6 billion expansion plan for Frankfurt airport, Europe’s biggest air cargo hub.
Air Cargo
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Airlines Sign Synthetic Fuels Pact at LAX
JOC Staff |
UPS Airlines and seven passenger carriers will start using renewable diesel fuel for ground service operations at Los Angeles International Airport under a contract aimed at meeting new California cle
Air Cargo
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Qantas Freight Revenue Falls 20 Percent
JOC Staff |
Australian airline Qantas said cargo revenue fell 20.3 percent in its fiscal year ending June 30 to US$634 million, the lowest level since 2005.
Air Cargo
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Australia Sues Emirates for Price Fixing
Thomas L. Gallagher |
Australian competition regulators filed a suit in the country’s federal court against Emirates, alleging price fixing in an arrangement with other air cargo carriers.
Air Cargo
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Lufthansa to Launch Frankfurt-Seattle Freighter
Bruce Barnard |
Lufthansa Cargo will launch a twice-weekly freighter service between Frankfurt and Seattle on Thursday, Aug.
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SIA Cargo Load Factor Jumps
JOC Staff |
Singapore Airlines saw its cargo load factor reach its highest point in nearly two years in July as sharp capacity cuts surpassed reduced demand.
Air Cargo
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London Heathrow Freight Grows in July
JOC Staff |
A halting expansion in cargo at London Heathrow Airport accelerated in July as freight tonnage grew 5.7 percent on a month-to-month basis, giving the European gateway its busiest month this year for c
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Air Cargo’s Unfriendly Skies
JOC Staff |
The air freight industry is hoping Polo Ralph Lauren isn’t creating new fashions for international shipping strategy.
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Europe Air Freight Falls 20.7 Percent
JOC Staff |
Freight traffic for European airlines fell 20.7 percent in June compared to last year, including an accelerating decline in European air trade with Asia, the Association of European Airlines said.
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C.A.L. Cargo Airlines Joins Cargo 2000
Thomas L. Gallagher |
Regional Israeli carrier C.A.L.
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Airline ATSG Earned $8.1 Million in Second Quarter
JOC Staff |
Air Transport Services Group withstood the sharp cutback in operations for DHL by reporting an $8.1 million net profit in the second quarter after losing money in the same period a year ago.
Air Cargo
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Japanese Air Cargo Slump Eases
Hisane Masaki |
Japan's two largest airlines both saw their international cargo volume continue to fall in June on a year-on-year basis but at the slowest pace in eight months, according to their monthly reports.
Air Cargo
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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
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