Air Cargo Forwarder News

While UPS made a splash with its move to buy TNT Express earlier this year, FedEx appears to be forging a more cautious approach in countering the European and Brazilian expansion of its main rival.

Deutsche Post DHL has been ordered to pay 516 million euros ($645 million

FedEx plans to retire 24 aircraft and shortened the depreciable life of 54 older aircraft, as the parcel giant works to align its U.S. domestic air cargo capacity with slowing demand.

The Thai economy’s key role as a component supplier for electronic and auto sectors has not been diminished following last year’s flooding.

The European Union and the U.S. have agreed to recognize each other’s air cargo security regimes under a hard fought agreement that took effect on June 1.

Shippers are expected to save time and money through the elimination of rescreening cargo on passenger aircraft traveling between the U.S. and Canada.

The value of surface transportation trade between the U.S. and Canada and Mexico hit a monthly record in March, topping $85.7 billion.

FedEx plans to acquire a major Brazilian transportation and logistics company, as the parcel giant works to counters the increased UPS presence in the top South American economic engine.

Softening cargo rates due to weak demand continue to impact the bottom lines of Asia’s leading carriers, according to the Association of Asia Pacific Airlines.

FedEx Express will set up a new regional hub for the North Pacific in Japan in 2014.

Germany’s Deutsche Post said it expects profits to increase by 1 billion euros ($1.25 billion) a year by 2015, driven by strong growth across its DHL transport and logistics businesses and stabi

Singapore’s Changi Airport saw freight volume decline by 4.9 percent in April compared to a year earlier, despite aircraft movements increasing by 8.8 percent.

Cargo throughput at the world’s largest freight airport fell 12.5 percent last month compared to March.

DHL Express has opened a distribution and consolidation center in Hong Kong near to Hong Kong International Airport.

The Transportation Security Administration will begin screening all cargo arriving from international passenger flights in early December, a year after the agency was tasked to expand its screening re

Chicago Mayor Rahm Emanuel on Monday said the city plans to open a $200 million hub next year, as the city attempts to boost international volume through O’Hare International Airport.

FedEx wrapped up its second European acquisition in two months May 10, signing an agreement to purchase

Parcel giants FedEx and UPS will still be able to keep piggybacking on the U.S.

UPS is expanding its premium air freight service into Nicaragua and Honduras, as the parcel giant taps the growing economies that share the U.S.

The UPS acquisition of TNT Express is on track and so is profitability at the Dutch parcel deliver

Despite a dip in cargo movements to and from Europe and South Asia, Singapore’s Changi Airport saw freight volumes remain stable last month.

Package delivery giant UPS reported a 4.3 percent increase in first quarter revenue to $13.1 billion from $12.6 billion a year earlier.

BAA, one of the U.K.’s largest airports operator, reported first quarter operating profit grew 15.1 percent from a year ago to $372 million, driven by strong traffic growth and higher landing ch

Cargo volume through Hong Kong International Airport dipped 0.4 percent year-over-year in March, to 368,000 metric tons, despite a 5.2 percent increase in flights.

Air cargo pilots, not just passenger plane pilots, would be subject to tougher regulation aimed at reducing fatigue in airline operations through a bipartisan-backed House bill.

FedEx Corp said it is in negotiations over a “potential plan” to buy French express shipping company Tatex as it seeks to expand its European footprint by taking over small to midsized fir

Frankfurt airport handled 11 percent less freight in March than a year ago as a night flight ban aggravated the impact of a weak global economy on Europe’s second largest cargo hub.

TNT Express has started a service it says will simplify and secure the international movements of pharmaceutical products such as vaccines and insulin that require strict temperature control.

Early indicators suggest air freight traffic in Asia is steadily increasing after year-over-year comparisons for the first two months of the year

Package and industrial transportation giant UPS launched an expedited ground freight service linking Mexico and the U.S.

Saudi Airlines Cargo will continue its expansion into developing markets later this month by boosting capacity into Bangladesh.

The Middle East and Asia-Pacific accounted for more than 40 percent total air cargo traffic last year, according to figures from Airports Council International.

International air freight traffic grew 5.1 percent February from a year ago, but the outlook for carg

Dubai and Louisville were the major movers last year among the world’s top 20 busiest international cargo airports, according to preliminary figures for 2011 from Airports Council International.

TNT Express, the Dutch parcel delivery company being taken over by UPS, said “mixed” economic conditions in Europe and slowing Asia-Europe trade volumes depressed its first quarter operati

European antitrust officials on Wednesday fined 13 of the world’s largest logistics companies, including Kuehne + Nagel, Panalpina and UPS, a total of $225 million for fixing international air c

FedEx Trade Networks is expanding its U.S. freight forwarding operations, opening offices in Phoenix, St. Louis, Mo., and Milwaukee, Wis.

FedEx will pay $3 million to more than 21,000 rejected job applicants to settle allegations of hiring discrimination, the Labor Department said Thursday.

DHL Express is expanding next-day package service between Asia and the U.S. and Western Canada with a new flight connecting Hong Kong and Los Angeles.

FedEx Corp.’s profit more than doubled during its fiscal third quarter, fueled by record holiday package shipping,