Air Cargo Forwarder News

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,

The International Air Transport Association cut its forecast for global airline profits in 2012 by $500 million

United Parcel Service on Monday agreed to acquire TNT Express, Europe’s second-largest package delivery company, in a $6.8 billion all-cash deal that will create the world’s biggest logist

Volga-Dnepr is awaiting anti-trust clearance for its planned acquisition of Air Cargo Germany, which will significantly boost the Russian cargo airline’s presence in Europe’s largest air f

United Parcel Service on Friday said it remains in “constructive” talks to take over TNT Express and plans to submit a formal offer for Europe’s second-largest package delivery compa

Public less-than-truckload carriers posted a slight operating profit in 2011 after three years of operating losses.

DHL said the $47 million expansion of its U.S. hub at the Cincinnati/Northern Kentucky airport will provide parcel customers with an extra 193,000-square-feet of capacity.

Frankfurt airport handled 9.1 percent less cargo in February than a year ago as a night flight ban mostly affecting freighter flights and sharply lower Asian traffic weighed on Europe’s second l

A German federal court will begin a hearing tomorrow, March 13, to decide whether to extend a controversial ban on night flights at Frankfurt airport that

Lufthansa Cargo freight traffic slowed to 3.4 percent year-over-year in February from 11.4 percent in January, amid a slowing global economy and a ban on night flights at its Frankfurt hub.

Germany’s Deutsche Post DHL, coming off a year in which net profit fell by half because of a onetime charge related to the sale of its Postbank banking unit, forecast higher revenue and profit f

UPS has named Jeff McCorstin vice president of international air and ocean freight transportation services.

International air cargo traffic has stabilized after a year-long slump despite an 8.1 decline in January volume, which was caused by the closing of factories during the Chinese New Year holiday, the I

International Airlines Group’s freight revenue in 2011 grew 8.6 percent from a year ago to $1.6 billion, as the Anglo-Spanish carrier increased traffic in a declining global air cargo market.

Hong Kong Airlines has bowed to pressure from customers and animal welfare groups to stop transporting live dolphins.

Hong Kong Airlines is refusing to stop transporting live dolphins captured in Japan despite public uproar over its involvement.

China plans to build the world’s largest cargo airport near Beijing in a $4.8 billion project due for completion in late 2017.

Freight carried by Asian airlines in January fell 13.7 percent year-over-year, signaling another challenging year for carriers as European demand wanes, according to the Association of Asia Pacific Ai

Amsterdam Schiphol airport boosted net income in 2011 by 15.1 percent to $260 million from $226 million a year ago, but Europe’s third-largest air cargo hub warned capacity constraints could slo

TNT Express, the Dutch express delivery company in takeover negotiations with UPS, plans to refocus on its core European market, trim international operations, and reduce its freighter fleet to stem r

TNT Express rejected an unsolicited takeover offer of roughly $6.4 billion from UPS, but the Dutch delivery firm said discussions with the parcel giant are ongoing, according to reports.