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air cargo forwarder news
Air Cargo Forwarder News
Journal of Commerce offers extensive air freight forwarder news and analysis of air cargo forwarding, including topics such as strategies, capacity, services.
The latest
Air Cargo Forwarder News
& Analysis
FAA Accuses FedEx of Improper Handling of Hazardous Materials
Mark Szakonyi, Associate Editor |
FedEx is facing a $681,200 fine after the Federal Aviation Administration on Wednesday accused the parcel giant of failing to properly document hazardous material shipments in August 2010.
Air Cargo Forwarder News
USPS Pleads for Reform After $5.2 Billion Loss
Mark Szakonyi, Associate Editor |
The U.S.
Air Cargo Forwarder News
Air Cargo
Transport, Trade and Regulation News
Fraport Profit Tumbles 17.4 Percent
Bruce Barnard, Special Correspondent |
Frankfurt airport operator Fraport AG’s first half net profit slumped 17.4 percent from a year ago to 86.9 million euros ($107 million) on high investment outlays and
Air Cargo Forwarder News
New UPS Asia-Pacific Head Says Asian Prospects Still Positive
Mike King, Special Correspondent |
Global economic uncertainty is hurting Asian economic growth but the long-term outlook for logistics providers is still bright, according to Brendan Canavan, the recently appointed president of UPS As
Air Cargo Forwarder News
IAG Cargo Revenue Slips 0.3 Percent
Bruce Barnard, Special Correspondent |
Cargo revenue at International Airlines Group, the merged British Airways-Iberia carrier, stalled in the second quarter as strong growth at the U.K.
Air Cargo Forwarder News
Commentary: Carrier Changes Shaking Up Parcel Markets
Paul Steiner |
When UPS last spring agreed to acquire TNT Express for $6.6 billion, the deal reverberated throughout global express and parcel markets.
Air Cargo Forwarder News
TNT Express Boosts Earnings on Cost Cuts
Bruce Barnard, Special Correspondent |
TNT Express, the Dutch package delivery company being acquired by UPS, boosted second quarter operating profit by 67 percent to 77 million euros ($94.7 million) from 46 million euros ($56.6 million) a
Air Cargo Forwarder News
Asian Airlines' International Cargo Down Year-Over-Year
Mike King, Special Correspondent |
International air freight carried by Asian airlines rose 4 percent in June compared to a month earlier, but traffic fell 0.8 percent year-over-year, according to the Association of Asia Pacific Airlin
Air Cargo Forwarder News
Air Cargo Carriers News
Higher Transport Costs Hamper C.H. Robinson
William B. Cassidy, Senior Editor |
C.H.
Trucking News
Maritime
Air Cargo Forwarder News
LTL
Truck brokers
UPS Downgrades Outlook After Non-US Volume Falls
Mark Szakonyi, Associate Editor |
The United Parcel Service downgraded its outlook for the second half of the year after non-U.S. volume declined 3.2 percent year-over-year in the second quarter.
Air Cargo Forwarder News
Air Cargo
Cargo Steady at Changi Airport
Mike King, Special Correspondent |
Cargo volume was steady at Singapore’s Changi Airport in June, but the arrival of a new carrier could boost cargoes in the coming months.
Air Cargo Forwarder News
Air Cargo Carriers News
DHL Express Expands Propane Truck Fleet in US
William B. Cassidy, Senior Editor |
Starting in August, DHL Express will fuel 100 pickup and delivery vans in the U.S. with liquid propane autogas.
Trucking News
Air Cargo Forwarder News
DHL Launches Direct US-Australia Flight
Mike King, Special Correspondent |
DHL has launched a new direct twice-weekly express flight from the U.S. to Australia.
Air Cargo Carriers News
Air Cargo Forwarder News
Report: USPS Could Save $100 Million Annually by Going Intermodal
Mark Szakonyi, Daily Content Editor |
The ailing U.S. Postal Service could save roughly $100 million annually by shifting more mail shipments from the highways to the rails, according to a report by its inspector general.
Intermodal providers
Air Cargo Forwarder News
North-American rail
DHL Express Opens North Asia Hub
Mike King, Special Correspondent |
DHL Express opened its largest hub in Asia today (July 12), the latest step in the logistics major’s massive roll-out of new capacity across Asia’s key freight markets.
Air Cargo Forwarder News
Air Cargo Carriers News
DHL CEO Discusses Acquisition Plans, Growth Options
Mike King, Special Correspondent |
DHL will look to smaller “bolt-on” acquisitions rather than major takeovers to speed growth in the years ahead, according to Frank Appel, CEO of Deutsche Post DHL.
Air Cargo Forwarder News
Global Semiconductor Sales in May Rose 1.4 Percent From April
Mark Szakonyi, Associate Editor |
Global semiconductor sales in May rose 1.4 percent from the prior month, giving the struggling air cargo industry, which typically ships the foundation technology, a slight boost in the arm.
Air Cargo Forwarder News
Air Cargo
Market Share, Revenue Gain Forecast for Trucking
William B. Cassidy, Senior Editor |
Total U.S. freight tonnage will grow 21 percent by 2023, as freight revenue rises 59 percent, the American Trucking Associations predicts in a new freight forecast.
Trucking News
Air Cargo Forwarder News
North-American rail
GACAG Slams National Approach to Air Cargo Security
Mike King, Special Correspondent |
The Global Air Cargo Advisory Group has warned regulators that national, ad hoc and impractical approaches to advance electronic information systems will undermine air cargo security and increase cost
Air Cargo Forwarder News
Slow Economy Not Hindering Transport Acquisitions
William B. Cassidy, Senior Editor |
Trucking operator Saia didn’t have to look far for a logistics company to buy — Robart Transportation
Transport, Trade and Regulation News
Air Cargo
Trucking News
Air Cargo Forwarder News
LTL
Truck brokers
UPS Freight to Hike Tariff Rates 5.9 Percent
William B. Cassidy, Senior Editor |
UPS Freight will raise its less-than-truckload tariff pricing 5.9 percent on average July 16, joining other LTL carriers with general rate increases this summer.
Trucking News
Air Cargo Forwarder News
LTL
FedEx Speeds Up Fleet Upgrade, Buys 19 B-767s
Mark Szakonyi, Associate Editor |
FedEx plans to buy 19 Boeing 767-300 aircraft, as the parcel giant speeds up its fleet upgrades to offset volatile fuel costs.
Air Cargo Forwarder News
Air Cargo
Global Air Cargo Dips 2.2 Percent
Bruce Barnard, Special Correspondent |
International air cargo traffic dipped 2.2 percent in May from a year ago and contracted 0.4 percent from April in line with deteriorating global economic conditions, the International Air Transport A
Air Cargo Forwarder News
FedEx, UPS Could Gain Access to Chinese Domestic Market
Mark Szakonyi, Executive Editor |
FedEx and UPS could begin domestic delivery in China if the government grants the parcel giants the go-ahead to enter the multibillion and burgeoning market.
Air Cargo Forwarder News
Air Cargo
Airbus Considers Building Assembly Plant in Alabama
Bruce Barnard, Special Correspondent |
Airbus is weighing plans to build its first U.S. assembly plant in Alabama as the European aircraft manufacturer ratchets up its challenge to Boeing in its domestic market.
Air Cargo Forwarder News
Hong Kong International Airport Posts Record Financials
Mike King, Special Correspondent |
Hong Kong International Airport saw profits and revenue both reach record highs in the year ended March 31 despite bearish cargo throughput.
Air Cargo Forwarder News
UPS to Kick Start $6.6 Billion TNT Express Takeover Offer
Bruce Barnard, Special Correspondent |
United Parcel Service launches its 5.16 billion euro ($6.6 billion) cash bid for Dutch rival TNT Express Friday in a major expansion of its presence in Europe's package delivery market.
Air Cargo Forwarder News
Air Cargo Carriers News
FedEx’s Smith Says Freight Shifting From Air to Sea
Mark Szakonyi, Associate Editor |
FedEx CEO Fred Smith said more shippers are transporting goods via ocean shipping at the expense air carriers, a modal shift reflected in the parcel giant’s recent earnings report.
Air Cargo Forwarder News
Trucking News
Air Cargo Carriers News
Forwarding
LTL
WFS, Aviapartner to Form Global Air Cargo Handling Giant
Mike King, Special Correspondent |
Shareholders of Worldwide Flight Services and Aviapartner agreed to combine the two companies.
Air Cargo Forwarder News
Freight Volume Down Again at Singapore's Changi Airport
Mike King, Special Correspondent |
Singapore’s Changi Airport saw cargo volumes contract by 2.8 percent year-over-year last month.
Air Cargo Forwarder News
Air Cargo Carriers News
FedEx Curbs Air Capacity, Expects Slower Global Demand
Mark Szakonyi, Associate Editor |
FedEx plans to retire older planes and take delivery of fewer new aircraft as the parcel
Air Cargo Forwarder News
Air Cargo
Trucking News
LTL
London Heathrow Cargo Volume Drops 3.8 Percent
Bruce Barnard, Special Correspondent |
London Heathrow airport handled 3.8 percent less cargo in May than a year ago and is bracing for further declines amid a deepening eurozone crisis.
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
Report: Forwarder Phoenix International Considering Sale
Mark Szakonyi, Associate Editor |
Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report.
Logistics Technology News
Air Cargo
Air Cargo Forwarder News
HKIA Sees First Growth in 14 Months
Mike King, Special Correspondent |
Freight volumes handled at Hong Kong International Airport in May saw year-over-year growth for the first time since March 2011.
Air Cargo Forwarder News
Frankfurt Airport Cargo Slumps 10.3 Percent
Bruce Barnard, Special Correspondent |
Frankfurt airport’s freight traffic slumped 10.3 percent in May from a year ago as Europe’s second largest cargo hub continued to suffer from
Air Cargo Forwarder News
Closing of Streamlite Could Benefit FedEx, UPS
Mark Szakonyi, Associate Editor |
The closing down of Streamlite, a parcel consolidator, on Thursday could provide more business to UPS and particularly FedEx, according to a Stifel Nicolaus analyst.
Air Cargo Forwarder News
Air Cargo
Congress Wants DHS to Consider All-Cargo Air Carrier Screening
Mark Szakonyi, Associate Editor |
The investigative arm of Congress wants the Department of Homeland of Security to determine the costs and benefits of requiring all-cargo air carriers to report screening data for U.S.-bound freight,
Air Cargo Forwarder News
Air Cargo
Transport, Trade and Regulation News
Global Semiconductor Sales Give Air Cargo Carriers April Boost
Mark Szakonyi, Associate Editor |
The ailing global air cargo industry got a little help from the semiconductor s
Air Cargo Forwarder News
Air Cargo
China Could Seize EU Aircraft in Escalating Emissions Row
Bruce Barnard, Special Correspondent |
China has warned it might impound European aircraft if the European Union penalizes its carriers for not complying with its carbon emissions program.
Air Cargo Forwarder News
IATA Sticks to 2012 Airline Profit Forecast
Bruce Barnard, Special Correspondent |
The International Air Transport Association maintained its $3 billion global airline profit forecast for 2012 as oil prices fall, passenger traffic grows faster than expected and the cargo market bott
Air Cargo Forwarder News
Air Cargo Carriers News
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