Air Cargo Forwarder News

DHL Express is adding flights connecting the U.S., Middle East and Asia, dedicating a new Boeing 747-400F to its intercontinental routes.

A DHL Express cargo plane crashed into the sea off the coast of Gabon on Monday, but the four crew members were rescued from the wreckage.

The International Air Transport Association scaled back its 2011 industry profit forecast by more than half on Monday, to $4 billion from an estimated $8.4 billion the industry group had projected jus

German logistics giant Deutsche Post DHL purchased Standard Forwarding, a five-state less-than-truckload motor carrier in East Moline, Ill.

The first of 48,000 Canadian postal workers launched a series of rotating city-area strikes in Winnipeg, Manitoba, Friday while their union and Canada Post planned last-ditch meetings for later in the

International air cargo traffic grew 5.4 percent in April but the gain lagged behind rapidly expanding capacity and behind growth in world trade, according to the International Air Transport Associati

EVA Airways agreed to plead guilty to conspiring to fix international air cargo prices and to pay a $13.2 million fine in the antitrust investigation that has produced criminal charges against some of

Shareholders of TNT today approved the de-merger of the Dutch company’s express and mail operations.

UPS will start initiate a weekly direct flight from Guam to Hong Kong starting in June, the latest in a series of routes the carrier has added during an expansion of Asia services.

Lufthansa finalized an order for five 777 freighters valued at $1.3 billion at list prices that will consolidate its position as Europe’s biggest cargo airline.

Struggling Japan Airlines posted a record operating profit of $2.33 billion in the 2010 fiscal year ending March 31 compared with an operating loss of $1.65 billion a year earlier but the carrier said

The U.S. Postal Service is putting new urgency on its bid for financial relief from Congress, saying its operations will be hit if the USPS runs out of cash this fall as predicted.

Spanish airline Iberia will start operating a 737 freighter between Madrid and Brussels in an upgrade to the carrier’s perishables “cool and fast” service.

Frankfurt Airport boosted cargo traffic 12.8 percent in April from a year ago to an all time high for the month as the German hub benefited from accelerating global trade.

DHL Express will modernize its fleet in Europe with the acquisition of 13 A300-600 passenger aircraft and conversion of the planes to freighters.

Hong Kong International Airport’s freight volume 6.2 percent in March over the same month a year ago as expedited shipping surged back following a demand downturn the month before.

The U.S.

Deutsche Post DHL increased first quarter operating profit 23 percent from a year ago to $906 million as strong growth in shipping volume, especially in Asia, sent revenue up 6.9 percent to $18.4 bill

FedEx Express is building a Southeast Asia hub operation in Singapore that will become the carrier’s second-largest facility in Asia after its main sorting operation in Guangzhou, China.

Alabama and other states nearby are trying to clear away debris that hampers transportation systems and to restore power to businesses and homes, following a devastating tornado outbreak this week tha

UPS officials say they have seen "minimal" resistance from shippers in raising prices for domestic package services so far in 2011.

UPS’s profit soared 66 percent in the first quarter to $885 million, and the parcel giant issued a glowing outlook for the full year on Tuesday, raising its earnings projections 24 percent to record a

Lambert-St.

Italy's Justice Ministry took over the operation of six TNT Global Express subcontractors that have been infiltrated by a mafia organization.

The U.S.

Qatar Airways will add three 777 freighters to its fleet, the carrier announced Monday, speeding up the expansion of all-cargo capacity in the fast-growing Middle East market.

TNT, the Dutch mail and express company, said it will proceed with plans to spin off its express division in May despite a

The UK launched an investigation into how a fake bomb, disguised as a wedding cake box, was transported undetected on a UPS aircraft to Turkey earlier this month.

UPS launched four additional direct flights from Hong Kong to Europe, expanding its next-day delivery coverage for packages and heavy freight.

FedEx lowered its earnings forecast for 2011 as higher fuel costs and declining demand for domestic service clipped inc

Package delivery giant UPS is elevating the role of environmental sustainability within its operations by creating the post of chief sustainability officer.

TNT Global Express confirmed reports its Italian parcel delivery unit has been targeted by a mafia organization.

FedEx Express is restoring its flights to Tokyo and other parcel carriers are resuming delivery operations across most of Japan even as several airlines suspended service to Tokyo because of risks fro

Deutsche Post DHL boosted earnings 50 percent in 2010 from a year ago as the global economic recovery drove strong volume growth and higher freight rates in ocean container, air cargo and express mark

The Justice Department is investigating possible anticompetitive behavior in the time-sensitive parcel market, a department spokeswoman confirmed today.

TNT reported Monday its net profit grew 21.5 percent in 2010 to $480 million but Europe’s second largest post and express delivery company saw earnings pull back in the fourth quarter as the com

DHL Express received a multi-site quality management certification from the International Standards Organization for all its U.S. locations.

FedEx is forecasting its earnings in the fiscal quarter ending this month will come up to 40 percent below earlier projections because of the severe impact

TNT, the Dutch express delivery and mail company, warned severe weather, strikes and integration costs will shrink its fourth quarter 2010 operating profit by around $62 million.

A big gain in domestic package business along with tight cost controls drove UPS to its strongest profit in four years in 2010, a $3.49 billion net profit that was 62.1 percent better than the year be