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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
El Al to Pay $15.8 Million to Settle Class Action Suit
Mark Szakonyi, Daily Content Editor |
El Al Israel Airlines Ltd. last week agreed to pay $15.8 million to scores of air freight shippers to settle a U.S.
Air Cargo Forwarder News
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Global Air Cargo Fell 3.8 Percent in November
Bruce Barnard, Special Correspondent |
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
Air Cargo Forwarder News
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Asia-Europe Air Freight Falls 7.3 Percent
JOC Staff |
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.
Air Cargo Forwarder News
Air Cargo
FedEx Pilots 'Outraged' at Fatigue Decision
JOC Staff |
The union representing FedEx Express pilots says it is “outraged at the casual dismissal of cargo pilots and their families” in the
Air Cargo Carriers News
Air Cargo Forwarder News
UPS Pilots Challenge Fatigue Rule in Court
JOC Staff |
The union representing UPS pilots asked a federal court on Thursday to review the Department of Transportation’s
Air Cargo Carriers News
Air Cargo Forwarder News
FedEx Finds Profit on the Ground
William B. Cassidy |
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
Truckload
Trucking News
Air Cargo Forwarder News
Adding While Subtracting
William B. Cassidy |
FedEx Express is adding capacity in the air. It’s also putting off adding capacity in the air.
Air Cargo Forwarder News
Air Cargo
Airlines Lose EU Carbon Emission Trade Challenge
Bruce Barnard, Special Correspondent |
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
Air Cargo Forwarder News
Air Cargo
Transport, Trade and Regulation News
JFK Cargo Tumbles 9.4 Percent in October
JOC Staff |
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
Air Cargo Forwarder News
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FedEx Profit Jumps 76 Percent to $497 Million
William B. Cassidy, Senior Editor |
FedEx profit soared on higher pricing and fuel surcharges despite declining shipment volume at its air package and industrial freight businesses in the
Air Cargo Forwarder News
Air Cargo
Leipzig-Halle Airport Cargo Soars 14.9 Percent
Bruce Barnard, Special Correspondent |
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
Air Cargo Forwarder News
Air Cargo Carriers News
Air Freight Price Index Jumps 14.7 Percent in October
JOC Staff |
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.
Air Cargo Forwarder News
Air Cargo Carriers News
Frankfurt Cargo Plunges On Night Flight Ban
Bruce Barnard, Special Correspondent |
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
Air Cargo Forwarder News
Air Cargo Carriers News
TNT Sells India Road Operations
Bruce Barnard, Special Correspondent |
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
International ports
Trucking News
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FedEx Prepares for Busiest Day Dec. 12
William B. Cassidy |
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.
Air Cargo Forwarder News
Air Cargo
ANA Cargo Traffic Slips, JAL Tonnage Plummets
Hisane Masaki, Special Correspondent |
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
Air Cargo Forwarder News
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Air Cargo Carriers News
Korean Air Cargo Tumbles in Third Quarter
JOC Staff |
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
Air Cargo Forwarder News
Air Cargo
Europe Air Cargo Falls 3 Percent
JOC Staff |
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 Cargo Forwarder News
Air Cargo
Air France-KLM Cargo Slumps, BA Limits Decline
Bruce Barnard, Special Correspondent |
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.
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
Euro Crisis Could Reduce Global Air Cargo by $4 Billion
Bruce Barnard and Mike King, Special Correspondents |
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.
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
FedEx Ground to Raise Rates 4.9 Percent
William B. Cassidy, Senior Editor |
FedEx Ground will raise rates for its U.S. package and home delivery services an effective 4.9 percent Jan.
LTL
Air Cargo
Trucking News
Air Cargo Forwarder News
On Time, All the Time
Randy McClure |
Achieving 100 percent on-time delivery performance is a team effort among transportation carriers, shippers and consignees.
Air Cargo
Air Cargo Forwarder News
Former Peruvian Airline CFO Pleads Guilty to Price-Fixing
Mike King, Special Correspondent |
A former Peruvian airline executive has pleaded guilty to conspiring to fix surcharges on cargo shipments from the United States and Latin America following hurricanes Katrina and Rita.
Air Cargo Forwarder News
Air Cargo
Transport, Trade and Regulation News
American Airlines Files for Bankruptcy Protection
JOC Staff |
The parent of American Airlines, the nation’s third-largest airline, filed for Chapter 11 bankruptcy protection on Tuesday and began an overhaul of its management, labor relations and operations
Air Cargo Forwarder News
Air Cargo Carriers News
International Air Freight Tumbles 4.8 Percent
Bruce Barnard, Special Correspondent |
International air freight traffic fell 4.8 percent in October from a year ago, the seventh consecutive
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
Asia Air Freight Peak Season Fizzles Out
Mike King |
Air freight carried by Asia-Pacific airlines fell at the steepest rate in six months in October, sliding 7.7 percent as a
Air Cargo Forwarder News
Air Cargo
Lufthansa Puts Frankfurt Expansion on Hold
JOC Staff |
Lufthansa Cargo is suspending plans for a $1.35 billion expansion of the airline’s Frankfurt hub because of a German court’s ban on night flights at the airport, according to a published r
Air Cargo Forwarder News
Air Cargo Carriers News
Hong Kong Air Freight Drops 8.2 Percent
Mike King, Special Correspondent |
Hong Kong International Airport saw cargo volume fall 8.2 percent in October from the same month a year ago as a surge in peak season shipping airlines have been looking for failed to materialize.&nbs
Air Cargo Forwarder News
Air Cargo
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UPS Announces 4.9 Percent 2012 Rate Hike
JOC Staff |
UPS announced it will raise rates for ground and air parcel shipments an effective 4.9 percent in 2012, matching the price increase for this year and showing confidence the carrier can maintain its st
Air Cargo Forwarder News
Air Cargo Carriers News
ANA Cargo Tonnage Grows in September
Hisane Masaki |
International cargo volume at Japan’s All Nippon Airways edged up 0.8 percent year-over-year in September in a slight recovery after ANA reported its
Air Cargo Forwarder News
Air Cargo Carriers News
DHL Doubles Manila-Hong Kong Capacity
Mike King, Special Correspondent |
DHL Express and Air Hong Kong are doubling air cargo freighter capacity between Manila and Hong Kong to meet growing demand from the electronics export sector.
Air Cargo Carriers News
Air Cargo Forwarder News
Cathay Pacific Says Holiday Cargo Peak 'Unlikely'
Mike King, Special Correspondent |
Cargo transported by Hong Kong-based Cathay Pacific and sister carrier Dragonair fell for the seventh straight month in October, and the company warned the usual
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
FedEx Express Expands in Northern Ireland
William B. Cassidy, Senior Editor |
Federal Express opened a new facility and expanded delivery service in Northern Ireland, speeding global delivery times to and from the U.K. province by a day.
Air Cargo Forwarder News
Air Cargo
Air France-KLM Sinks to Cargo Loss
Bruce Barnard, Special Correspondent |
Air France-KLM’s cargo unit swung to a $50.3 million loss in the fiscal second quarter ending Sept.
Air Cargo Forwarder News
Air Cargo Carriers News
Frankfurt Cargo Slumped 9.3 Percent in October
Bruce Barnard, Special Correspondent |
Frankfurt airport handled 9.3 percent less cargo in October than a year ago, a significant acceleration on previous monthly declines at Europe’s second largest freight hub.
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
Deutsche Post DHL Raises Profit Outlook
Bruce Barnard, Special Correspondent |
Deutsche Post DHL raised its full year earnings forecast Wednesday after reporting an 18.5 percent surge in third quarter operating profit to $885 million driven by strong growth in domestic mail and
Air Cargo Carriers News
Air Cargo Forwarder News
Air France-KLM Cargo Down on Capped Capacity
Bruce Barnard, Special Correspondent |
Air France-KLM carried 5.2 percent less freight in October than a year ago, as the Franco-Dutch carrier capped freighter capacity in a sharply deteriorating global air cargo market.
Air Cargo Forwarder News
Air Cargo
UPS Projects Late 6 Percent Surge in Holiday Shipments
Mark Szakonyi, Daily Content Editor |
Displaying confidence in U.S.
Air Cargo Forwarder News
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Trucking News
LTL
British Airways, Iberia Cargo Revenue Flat
Bruce Barnard, Special Correspondent |
International Airlines Group’s cargo revenue was flat at $395 mi
Air Cargo Forwarder News
Air Cargo
Amsterdam Schiphol Cargo Volume Falls 6 Percent
Bruce Barnard, Special Correspondent |
Amsterdam Schiphol airport handled 6 percent less cargo in September than a year earlier, but Europe’s third largest freight hub
Air Cargo Forwarder News
Air Cargo
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