Air Cargo Forwarder News

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.

FedEx plans to buy 19 Boeing 767-300 aircraft, as the parcel giant speeds up its fleet upgrades to offset volatile fuel costs.

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

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.

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.

Hong Kong International Airport saw profits and revenue both reach record highs in the year ended March 31 despite bearish cargo throughput.

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.

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.

Shareholders of Worldwide Flight Services and Aviapartner agreed to combine the two companies.

Singapore’s Changi Airport saw cargo volumes contract by 2.8 percent year-over-year last month.

FedEx plans to retire older planes and take delivery of fewer new aircraft as the parcel

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.

Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report.

Freight volumes handled at Hong Kong International Airport in May saw year-over-year growth for the first time since March 2011.

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

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.

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,

The ailing global air cargo industry got a little help from the semiconductor s

China has warned it might impound European aircraft if the European Union penalizes its carriers for not complying with its carbon emissions program.

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

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