Air Cargo Forwarder News

MASkargo, Cathay Pacific and Thai Airways International have settled with the New Zealand Commerce Commission for fixing air cargo prices between February 2000 and February 2006...

Singapore Changi Airport reported air freight volume in March rose 2.5 percent year-over-year to 167,200 metric tons of cargo.

The U.S. Federal Aviation Administration has lifted its temporary ground stop on flights into Boston Logan International Airport, following Monday’s bomb explosions at the end of the Boston Marathon, USA Today reports.

From January to March, Fraport Group’s five majority-owned airports handled 555,737 metric tons of cargo, an increase of 1.7 percent year-over-year.

The Airports Corporation of Vietnam has awarded a contract to infrastructure company Parsons Brinckerhoff to conduct a preparatory study on the possibilities for redevelopment of the Chu Lai International Airport...

The Baltic Air Charter Association has elected Tony Coe, owner of Aviation Complete, as its new chairman.

Nippon Express and Panasonic have signed a memorandum of understanding in which Panasonic agreed to transfer a part of its shares in its subsidiary Panasonic Logistics to Nippon Express.

TNT Express has sold its domestic Chinese trucking business, TNT Hoau, kicking off the Dutch delivery company’s stand-alone strategy after a failed $6.8 billion takeover by UPS.

The International Air Transport Association has called for government and industry to collaborate on a series of projects to enhance safety, security and efficiency in India.

Nippon Express Co., Japan’s largest international freight forwarder, and NEC Corp., one of the nation’s biggest electronics makers, said on Wednesday that they have agreed to form a strategic business alliance to strengthen their global logistics operations.

TNT Express said it plans to cut 4,000 jobs, slash costs, slim its aircraft fleet and sell its Chinese and Brazilian operations as it focuses on its core European market following the recent collapse of a planned $6.8 billion takeover by United Parcel Service.

The European Parliament’s Transport and Tourism Committee has approved new rules to make groundhandling services at large European Union airports more competitive.

DHL Express has increased its cargo capacity by 30 percent with the addition of its new A300 freighter service in Penang, Malaysia.

Luxembourg-based overland transportation company Wallenborn Transport has joined forces with VIP Truck, a provider of air-cargo road feeder services in Germany.

Towne Air Freight will relocate its regional hub in Atlanta to a larger facility in early April.

John Menzies, the U.K. aviation services and distribution company, posted a 4 percent increase in profit in 2012 as a strong performance by its cargo handling unit outweighed restructuring costs.

Forward Air has acquired Total Quality, a Michigan-based provider of security and temperature-controlled services to the pharmaceutical and life science industries.

Hong Kong Air Cargo Terminals has handled the largest horse shipment on a single flight in its history.

Air Transport Services Group reported a decline in fourth quarter profit, but growth in full year net income.

Improving U.S. and European consumer confidence was credited with rising demand for freight movements at Dubai International Airport last month.

The shift of manufacturing production to China’s interior provinces in search of lower labor, land and power costs is now being reflected in air cargo movements as well as ocean volumes.

The supervisory board of TNT Express has appointed Tex Gunning, 62, as CEO, pending shareholder approval, effective June 1.

UPS has tripled the coverage area of its UPS Worldwide Expedited air service for international shipments.

Amsterdam Airport Schiphol added 800 metric tons of additional inbound freighter capacity, an increase of 30 percent, to its usual 26 weekly freight flights...

TNT Express’s disappointing fourth quarter results revealed little about the future strategic direction the company will take in the aftermath of UPS’s abandonment of its$6.9 billion bid for the Netherlands-based integrator in January.

Forward Air Corporation, which provides transportation and logistics services to the North American air freight and less-than-truckload market, reported profit in the fourth quarter of 2012...

Nippon Express (Europe), a subsidiary of Tokyo-based logistics business Nippon Express, has signed a share purchase agreement to acquire all shares of Franco Vago, a Florence, Italy-based apparel-related logistics company.

Dubai Airports, which owns and manages both Dubai International Airport and Dubai World Central International Airport, today reported Dubai World Central handled 219,092 metric tons of air freight in 2012.

Singapore Changi Airport reported cargo volume in December declined 3.2 percent to 1.81 million metric tons.

DHL Express has renewed its lease agreement at Amsterdam Airport Schiphol for another 10 years.

Dubai International Airport reported cargo volume in December 2012 was 201,949 metric tons, increasing 6.5 percent from 189,593 metric tons.

Manchester Airports Group significantly boosted its share of the U.K. cargo market with an agreement to buy London Stansted Airport.