Air Cargo Forwarder News

European Union trust busters ordered Deutsche Post to pay back up to $1.3 billion in aid from the German government that breached the bloc’s competition rules.

Amazon plans to open a 1 million-square foot fulfillment center in Spartanburg, S.C., its second new fulfillment center in the Palmetto State in two years.

Spain’s new centre right government scrapped a plan to privatize Madrid and Barcelona airports, the country’s two largest cargo hubs, citing market volatility amid Europe’s sovereign

Frankfurt-Hahn airport’s cargo traffic surged 25 percent in 2011 from a year ago, as export shipments at the German airport skyrocketed to an all-time high.

The recovery in U.S. shipping demand is showing up at Los Angeles International Airport, North America’s largest gateway for trans-Pacific air cargo.

South Korean air cargo traffic in 2011 fell 1.9 percent year-over-year, but government officials expect various international events, including the London Olympic Games, to boost shipments of high-tec

Struggling Japan Airlines Corp. announced changes in its top leadership on Tuesday, including the promotion of senior managing executive officer Yoshiharu Ueki to the post of president.

The Royal Bank of Scotland is selling its aircraft leasing business to Sumitomo Mitsui Financial Group, Japan’s second largest bank, for about $7.3 billion.

Etihad Crystal Cargo’s freight traffic soared 18 percent in 2011 from a year ago as the fast-growing Abu Dhabi-based carrier boosted its capacity and added new freighter routes.

Japan’s All Nippon Airways in November saw international cargo traffic slip 0.3 percent year-over-year, while rival Japan Airlines in the same period saw traffic rise 4.8 percent, the first incr

Cargo transported by Cathay Pacific and sister carrier Dragonair in December plunged 11.9 percent year-over-year but

More Asian air cargo carriers will remove capacity this week year as export traffic remains week, said industry executives.

Air France-KLM’s cargo business faces further cutbacks after Europe’s largest airline unveiled a radical three-year restructuring to secure long-term profitability.

Frankfurt’s air freight volume is falling faster than business at other European airports as the

Weiss Rohlig said the recent acquisition of Japan’s JHB Express will benefit the joint venture’s U.S. customers and tap growing intra-Asia trade.

London Heathrow airport boosted cargo traffic 14.2 percent in December from a year ago, a record for the month and the first increase since February 2011.

IAG, the merged British Airways-Iberia carrier, saw cargo traffic in December expand 11.5 percent year-over-year, helping to drive 2011 traffic 6.4 percent higher than in 2010.

The Cass Freight Index for U.S.

China’s airlines won’t pay any charges under the European Union’s new carbon trading scheme, while other Asian airlines, including Cathay Pacific, say they may impose surcharges or i

Hong Kong International Airport’s cargo traffic fell 6.6 percent year-over

El Al Israel Airlines Ltd. last week agreed to pay $15.8 million to scores of air freight shippers to settle a U.S.

International air cargo traffic declined 3.8 percent in November from a year ago, the eighth straight monthly decline amid a faltering global economy and weakening demand in the Asia-Pacific region, t

Falling trade with Asia sent cargo traffic for European airlines down 4.4 percent in November, the sharpest year-over-year decline in 2011, according to the Association of European Airlines.

The union representing FedEx Express pilots says it is “outraged at the casual dismissal of cargo pilots and their families” in the

The union representing UPS pilots asked a federal court on Thursday to review the Department of Transportation’s

When FedEx reported the busiest day for shipments in its history a couple of weeks before Christmas, the company credited not its flashy signature express delivery but the business segment that once s

FedEx Express is adding capacity in the air. It’s also putting off adding capacity in the air.

Europe’s highest court on Wednesday upheld the European Union’s right to make international airlines pay for carbon emissions on flights to and from European airports, risking a trade war

Cargo traffic at New York¹s Kennedy International Airport fell 9.4 percent in October, the steepest year-over-year rate of decline so far in 2011 and a downbeat ending to the peak air freight shi

FedEx profit soared on higher pricing and fuel surcharges despite declining shipment volume at its air package and industrial freight businesses in the

Leipzig-Halle airport boosted freight traffic by 14.9 percent in the first 11 months of 2011, helping Germany’s second largest cargo hub to outperform its larger rival Frankfurt and hit a new re

The Drewry Air Freight Price Index took a sharp turn upward in October, increasing 14.7 percent from the previous month to its highest level in a year.

Frankfurt airport handled 10.8 percent less freight in November than a year ago as Europe’s second largest cargo hub took a double hit from a

TNT Express, extending the reorganization of its global delivery operations, said Monday it will sell the company’s domestic road business in India to a private equity firm, India Equity Partner

FedEx expects Monday to be the busiest day in its history. The package giant forecasts 17 million shipments will move through its global network on Dec.

Japan’s All Nippon Airways saw cargo traffic slip 0.3 percent in October from the same month last year September, while rival Japan Airlines Corp.'s traffic plummeted 37.6 percent in the same pe

Korean Air’s cargo traffic fell 5.9 percent in the third quarter, and the world’s largest international freight airline said it expects a deep slowdown in high-tech shipments out of Asia t

Cargo traffic for European airlines fell at the steepest rate in nearly two years in October, sliding 3 percent from a year ago on weak trade with Asia, according to the

Air France-KLM’s cargo traffic in November slumped 8.1 percent year-over-year, as the Franco-Dutch carrier cut freighter capacity amid falling demand on key Asia/Pacific and Americas routes.

Global air cargo revenue risks shrinking by $4 billion in 2012 if Europe’s sovereign debt crisis triggers another banking meltdown, the International Air Transport Association said.