Air Cargo Forwarder News

FedEx Ground will raise rates for its U.S. package and home delivery services an effective 4.9 percent Jan.

Achieving 100 percent on-time delivery performance is a team effort among transportation carriers, shippers and consignees.

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.

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

International air freight traffic fell 4.8 percent in October from a year ago, the seventh consecutive

Air freight carried by Asia-Pacific airlines fell at the steepest rate in six months in October, sliding 7.7 percent as a

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

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

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

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

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.

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

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 France-KLM’s cargo unit swung to a $50.3 million loss in the fiscal second quarter ending Sept.

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.

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 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.

Displaying confidence in U.S.

International Airlines Group’s cargo revenue was flat at $395 mi

Amsterdam Schiphol airport handled 6 percent less cargo in September than a year earlier, but Europe’s third largest freight hub

FedEx Trade Networks opened its first office in South Africa, and added offices in Italy and Turkey, as the air and ocean forwarder expands its network outside of the U.S.

Senior Democratic members of the House Homeland Security Committee on Monday criticized the Transportation Security Administration for not meeting a December deadline to screen 100 percent of cargo ar

Global semiconductor sales fell 1.7 percent year-over-year in September, leaving the foundation technology industry down 2.7 percent in the third quarter, according to figures released by the

The contraction in the global air cargo market continued for a fifth consecutive month in September, with traffic falling a further 2.7 percent from a year earlier on sharply lower Asian shipments, th

TNT Express is eyeing more cost cuts after profit in the third quarter

All Nippon Airways reported a 72.1 percent gain in group net profit in the first half of its 2011 fiscal year on Friday that included a 10.4 percent increase in revenue from international cargo operat

UPS cut its air capacity out of Asia 10 percent during the recent third quarter amid a deep slowdown in demand, and carrier officials said Tuesday they are poised to adjust space again based on market

UPS reported a 5.1 percent gain in net profit in the third quarter on Tuesday, to $1.04 billion, as pricing and efficiency gains offset weak volume in a “muted growth environment.”

FedEx, showing strong confidence in U.S.

Air freight moving through Hong Kong fell 6.1 percent year-over-year in September, the seventh straight monthly decline and a lackluster start to the peak fall shipping season.

Lufthansa Cargo is canceling up to three weekly freighter flights to and from China, re-routing other services through Cologne and re-scheduling North American operations in an emergency response to t

Cargo traffic for European airlines fell 1.5 percent in to its lowest point in six months in August as the economic woes across the continent took a toll on international trade.

Japan’s All Nippon Airways’ international cargo volume fell for the first time in two years in August on a year-on-year basis, declining 2.5 percent to 38,125 tons.

Cargo carried by Cathay Pacific Airways and Dragonair contracted for the sixth straight month in September as demand for

Operators at Bangkok’s Suvarnabhumi International Airport said they are ready to divert flights and close terminals if

Frankfurt airport in September handled 5.3 percent less freight than a year ago and London Heathrow’s cargo traffic shrunk 3.7 percent, highlighting the accelerating slowdown in the global air c

Lufthansa Cargo carried 5.1 percent less freight in September than a year ago, in contrast to a significantly smaller decline at Air France-KLM and a slight increase at IAG, the merged British Airways

Struggling Japan Airlines said that its international cargo volume dropped for the 15th successive month in August on a year-over-year basis, plummeting 54 percent to 18,815 tons.

Ferrovial cut its stake in BAA to below 50 percent, in a deal valuing the operator of London Heathrow, Europe’s third largest cargo airport, at about $7.4 billion.

Air France-KLM’s cargo traffic in September dipped 3.4 percent year-over-year as a steep decline on the Asia-Pacific network outweighed a small increase in Americas traffic.