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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
UPS Acquires European E-Commerce Provider
Mark Szakonyi, Daily Content Editor |
UPS recently acquired Kiala, a Brussels-based provider of goods bought on the Internet, as the parcel giant attempts to tap growing e-commerce in Europe.
Air Cargo Forwarder News
Air Cargo
ANA, JAL Cargo Traffic Rose in December
Hisane Masaki, Special Correspondent |
Japan’s All Nippon Airways Co. saw international cargo volume rise for the first time in three months in December on a year-over-year basis, increasing 2.2 percent.
Air Cargo Forwarder News
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FedEx Upgrades Asia-Middle East Service
JOC Staff |
FedEx Express is expanding its freighter service between Asia and the Middle East through India, speeding up shipment transit times by up to two days for connections from the Indian subcontinent to th
Air Cargo Forwarder News
Air Cargo
Frankfurt Air Cargo Traffic Plunges 16.8 Percent
Bruce Barnard, Special Correspondent |
Frankfurt airport handled 16.8 percent less freight in January than a year ago as uncertainty over the global economy and a night flight ban continued to weigh on Europe’s second-largest air car
Air Cargo Forwarder News
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Asia Air Freight Rate Index Turns Upward
JOC Staff |
Air freight rates for Asia outbound shipments rose 4.6 percent in January over the same month a year ago, the first year-over-year increase in Drewry’s Air Freight Price Index in 15 months.
Air Cargo Forwarder News
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Hong Kong Holds Off Memphis as Top Cargo Airport
Mike King, special correspondent |
Hong Kong International retained its title as the world’s largest air cargo gateway in 2011, despite a decline in volume resulting from Asia’s slowing exports.
Air Cargo
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Etihad Cargo Revenue Soars 25.7 percent
Bruce Barnard, Special Correspondent |
Etihad Crystal Cargo is reaping the benefits of added capacity in a growing Middle East air freight ma
Air Cargo Forwarder News
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Lufthansa Cargo Tonnage Slumps 11.4 Percent
Bruce Barnard, Special Correspondent |
Lufthansa Cargo’s freight traffic tumbled 11.4 percent in January from a year ago amid a weakening global economy that threatens further declines over the coming six months.
Air Cargo Forwarder News
Air Cargo Carriers News
Airports Expect Sharp Cargo Rise If Economy Improves
Mike King, Special Correspondent |
Global air freight volumes declined by 1 percent last year, but traffic could improve quickly this year if the overall economic situation improves, according to Airports Council International.
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Air France-KLM Traffic Slumped 10.3 Percent Last Month
Bruce Barnard, Special Correspondent |
Air France-KLM blamed a weak global economy and the timing of the Chinese New Year for cargo revenue slumping 10.3 percent in January from a year ago.
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China Bans Airlines From Paying EU Emissions Fees
Bruce Barnard and Mike King, Special Correspondents |
China barred its airlines on Monday from joining the European Union’s new carbon trading scheme that will charge airlines for carbon emissions for flights to and from Europe.
Air Cargo Forwarder News
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Transport, Trade and Regulation News
JAL Reports $1.9 Billion Profit After Exiting Bankruptcy
Hisane Masaki, Special Correspondent |
Japan Airlines posted a $1.92 billion net profit of on a consolidated basis in the first nine months of fiscal 2011, which started on April 1, 2011, after the carrier emerged from bankruptcy and withd
Air Cargo Forwarder News
Air Cargo
Congress Set to Vote on FAA Reauthorization
R.G. Edmonson |
After five years and 23 extensions, authorization of Federal Aviation Administration operations could clear Congress as early as this week.
Transport, Trade and Regulation News
Air Cargo
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BAA Loses Appeal to Keep London Stansted
Bruce Barnard, Special Correspondent |
BAA must sell London Stansted, the U.K.’s second largest air cargo hub, after a court rejected the airport operator’s appeal against a ruling by anti-trust regulators.
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Global Air Freight Expands for Second Straight Month
Bruce Barnard, Special Correspondent |
Global air cargo traffic increased in December on a month-to-month basis for the second straight month, but yields remain under pressure, the International Air Transport Association said.
Air Cargo Forwarder News
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Dubai Air Freight Slides 1.5 Percent
Mike King, Special Correspondent |
Cargo volume at Dubai International Airport fell 1.5 percent last year, the first year-over-year decline at Dubai since the site pushed into the upper echelons of the
Air Cargo Forwarder News
Air Cargo
UPS Reports Record Profit, Raises Outlook
JOC Staff |
UPS reported a record $1.22 billion net profit in the fourth quarter that was 9.3 percent better than the same quarter the year before and came on healthy gains in U.S.
Air Cargo Forwarder News
Air Cargo
ANA Profit Falls 10 Percent on Revenue Gain
Hisane Masaki, Special Correspondent |
All Nippon Airways’ net profit fell 10 percent in first nine months of fiscal 2011, which ended June 30, despite revenue expanding 3 percent at Japan’s largest airline in the same period.
Air Cargo Forwarder News
Air Cargo
Asian Air Carriers Saw Cargo Traffic Fall 5.4 Percent
Mike King, Special Correspondent |
Asian air carriers shipped 5.4 percent less freight last month than in December 2010, as the traditional end of the year peak season failed to materialize, said the Association of Asia-Pacific Airline
Air Cargo Forwarder News
Air Cargo
Hong Kong Air Freight Fell 4.3 Percent Last Month
Mike King, Special Correspondent |
Throughput at Kong Kong International Airport in December fell 4.3 percent year-over-year, pulling annual traffic down 4.6 percent at the world’s largest cargo airport.
Air Cargo Forwarder News
Air Cargo
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EU Orders Deutsche Post to Pay Back State Aid
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
Transport, Trade and Regulation News
Amazon to Open Second Distribution Center in S.C.
William B. Cassidy, Senior Editor |
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.
Industrial Real Estate News
Air Cargo Forwarder News
Spanish Government Scraps Airport Privatization
Bruce Barnard, Special Correspondent |
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
Air Cargo Forwarder News
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Frankfurt-Hahn, Munich Hit Cargo Highs in 2011
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
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Los Angeles Saw November Air Freight Gain
JOC Staff |
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.
Air Cargo Forwarder News
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South Korea Expects Air Cargo Rebound in 2012
Mark Szakonyi, Daily Content Editor |
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
Air Cargo Forwarder News
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Japan Airlines Taps Ex-Pilot Ueki as President
Hisane Masaki, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
Royal Bank of Scotland Sells Aircraft Leasing Unit
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
Etihad Crystal Cargo Boosts Traffic 18 Percent
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
ANA Cargo Traffic Slides, JAL Tonnage Jumps
Hisane Masaki, Special Correspondent |
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
Air Cargo Forwarder News
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Cathay Pacific Cargo Traffic Plunges 11.9 Percent
Mike King, Special Correspondent |
Cargo transported by Cathay Pacific and sister carrier Dragonair in December plunged 11.9 percent year-over-year but
Air Cargo Forwarder News
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Executives Expect More Asian Air Cargo Capacity to Exit
Mike King, Special Correspondent |
More Asian air cargo carriers will remove capacity this week year as export traffic remains week, said industry executives.
Air Cargo Forwarder News
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Air France-KLM Cargo Faces Cuts in Turnaround Plan
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
Frankfurt Airport Freight Falls 6.5 Percent
Bruce Barnard, Special Correspondent |
Frankfurt’s air freight volume is falling faster than business at other European airports as the
Air Cargo Forwarder News
Air Cargo
Weiss Rohlig Acquires Japanese Logistics Firm
Mike King, Special Correspondent |
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.
Air Cargo Forwarder News
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Heathrow Cargo Traffic Jumps 14.2 Percent
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
BA-Iberia Cargo Traffic Soars 11.5 Percent
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
Freight Index Signals Steadier US Shipping Demand
JOC Staff |
The Cass Freight Index for U.S.
Transport, Trade and Regulation News
Trucking News
Rail News
Air Cargo Forwarder News
Chinese Airlines Won't Pay EU Carbon Tax
Mark Szakonyi, Daily Content Editor |
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
Air Cargo Forwarder News
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Air Cargo Carriers News
Hong Kong Air Freight Slump Levels Off
JOC Staff |
Hong Kong International Airport’s cargo traffic fell 6.6 percent year-over
Air Cargo Forwarder News
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Air Cargo Carriers News
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