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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 Sees Shippers Accepting Price Increases
JOC Staff |
UPS officials say they have seen "minimal" resistance from shippers in raising prices for domestic package services so far in 2011.
Air Cargo Forwarder News
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UPS Signals Strong Outlook on 66 Percent Profit Gain
JOC Staff |
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
Air Cargo Forwarder News
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St. Louis Airport Recovers From Tornado
Thomas L. Gallagher |
Lambert-St.
Air Cargo
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Italy Takes Over Mafia-Run TNT Subcontractors
Bruce Barnard |
Italy's Justice Ministry took over the operation of six TNT Global Express subcontractors that have been infiltrated by a mafia organization.
Air Cargo Forwarder News
Transport, Trade and Regulation News
USPS Starts Regional Parcel Service
JOC Staff |
The U.S.
Air Cargo
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Qatar Airways Orders Three Freighters
JOC Staff |
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.
Air Cargo Forwarder News
Air Cargo
TNT Keeps Express Spin-off On Track
Bruce Barnard |
TNT, the Dutch mail and express company, said it will proceed with plans to spin off its express division in May despite a
Air Cargo
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UK Probes Fake Bomb on UPS Flight
Bruce Barnard |
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.
Air Cargo
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UPS Adds Next-Day China-Europe Services
Thomas L. Gallagher |
UPS launched four additional direct flights from Hong Kong to Europe, expanding its next-day delivery coverage for packages and heavy freight.
Air Cargo
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Rising Fuel Costs Tap FedEx Profits
William B. Cassidy |
FedEx lowered its earnings forecast for 2011 as higher fuel costs and declining demand for domestic service clipped inc
Air Cargo
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UPS Names Wicker First Chief Sustainability Officer
William B. Cassidy |
Package delivery giant UPS is elevating the role of environmental sustainability within its operations by creating the post of chief sustainability officer.
Air Cargo
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Italy Investigates Mafia Links to TNT Express
Bruce Barnard |
TNT Global Express confirmed reports its Italian parcel delivery unit has been targeted by a mafia organization.
Air Cargo
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Airlines Pull Tokyo Flights, Express Carriers Restore Operations
JOC Staff |
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
Air Cargo
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DHL Boosts Profit 50 Percent
Bruce Barnard |
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
Air Cargo
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DOJ Confirms Parcel Antitrust Probe
William B. Cassidy |
The Justice Department is investigating possible anticompetitive behavior in the time-sensitive parcel market, a department spokeswoman confirmed today.
Air Cargo
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TNT Express Profit Grows, Mail Retreats
Bruce Barnard |
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
Air Cargo
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ISO Certifies US Operations of DHL Express
Thomas L. Gallagher |
DHL Express received a multi-site quality management certification from the International Standards Organization for all its U.S. locations.
Air Cargo
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Severe Weather Hits FedEx Profit Forecast
JOC Staff |
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
Air Cargo
Air Cargo Forwarder News
LTL
TNT Takes $62 Million Hit
Bruce Barnard |
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.
Air Cargo
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UPS Upgrades Outlook as Profit Soars 62 Percent
JOC Staff |
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
Air Cargo
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TSA Accelerates International Cargo Inspection Plan
R.G. Edmonson |
The Transportation Security Administration wants to complete a network of international agree
Air Cargo
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Joe Cutrona, Former NASSTRAC Chief, Dies
JOC Staff |
Joe Cutrona, who led the association representing small parcel shippers for two tumultuous decades of change in the U.S. transportation world, died on Christmas Day at his home in Naples, Fla.
Air Cargo Forwarder News
Justice Department Investigates UPS, FedEx
JOC Staff |
The U.S.
Air Cargo
Air Cargo Forwarder News
Nichols Named UPS Airlines President
John D. Boyd |
UPS named Mitch Nichols to become president of UPS Airlines as Robert L. Lekites retires from that position after 36 years with the global logistics company.
Air Cargo
Air Cargo Forwarder News
FedEx’s Grounds for Victory
JOC Staff |
With a court win in hand, the carrier has freer rein to manage pricing and services across its business units
Air Cargo Forwarder News
Transport, Trade and Regulation News
Snow Halts Freight Operations in Northeast
R.G. Edmonson |
Shippers in the Northeast were hit by service delays, but ocean, truck and air cargo operators said operations were returning to normal after a blizzard Sunday brought the region nearly to a
Maritime
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Container lines
Forwarding
Port Trucking, Cargo Screening Expire
R.G. Edmonson |
Two bills that could have had significant consequences for the supply chain died quietly as the 111th Congress adjourned Wednesday.
Transport, Trade and Regulation News
Air Cargo Forwarder News
Air Cargo Carriers News
Forwarding
FedEx Expects Strong Inventory Restocking
JOC Staff |
FedEx Chairman Frederick Smith, in his most upbeat assessment yet of the global economic recovery, says he expects another round of inventory restocking to drive renewed shipping demand early in 2011.
Air Cargo
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USPS Expects Busiest Mailing Day Dec. 20
Thomas L. Gallagher |
The U.S. Postal Service expects Monday Dec. 20 to be its busiest mailing day with 800 million pieces entering the system.
Air Cargo
Air Cargo Forwarder News
FedEx to Acquire Mexican Package Carrier
Thomas L. Gallagher |
FedEx signed an agreement to acquire MultiPack, a Mexican domestic express package delivery company.
Air Cargo
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FedEx Profit Tumbles 18 Percent
JOC Staff |
FedEx reported its net profit fell 18 percent in the quarter ending Nov. 30 to $283 million as rising costs and stagnant U.S.
Air Cargo
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Air Cargo Carriers News
TransForce Acquires Dynamex for $248 Million
William B. Cassidy, Senior Editor |
Canadian trucking giant TransForce closed its $248 million acquisition of Dynamex Tuesday, outbidding transportation investment group Greenbriar Equity.
LTL
Air Cargo Forwarder News
TNT Express Buys 50 Percent of French Parcel Carrier
Bruce Barnard |
TNT Express agreed to acquire a 50 percent stake in French parcel delivery company Adrexo Colis in a bid to strengthen its position in the country's fast growing market for e-commerce and business-to-
Air Cargo
Air Cargo Forwarder News
Judge Rules For FedEx on Independent Drivers
JOC Staff |
A federal judge's ruling for FedEx in a series of lawsuits claiming the company misclassified package drivers as independent contractors strikes a serious blow to attempts to have the workers labeled
Air Cargo
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Trucking labor
UPS Eyes Small-Medium Sized European Acquisitions
Bruce Barnard |
United Parcel Service is targeting small and medium-sized European acquisitions rather than big ticket deals, the U.S. parcel delivery firm's chief financial officer said.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
DHL Launches Direct Paris, Frankfurt Flights to U.S.
Bruce Barnard |
DHL launched two direct routes from Paris and Frankfurt to its U.S. hub in Cincinnati in a major expansion of its trans-Atlantic express services.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
UPS Upgrades Retail Shipping Security
JOC Staff |
Moving to shore up security after this fall's failed bombing attempt in the Middle East, UPS said Tuesday it will require customers using retail outlets around the world to show a government-issued ID
Air Cargo
Air Cargo Forwarder News
TNT to Sell Express Business
JOC Staff |
TNT said Thursday it plans to sell its air express business, completing the breakup of one of the world’s largest transportation companies in a move that could shake up the competition in the ve
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
FAA Charges Companies with Aircraft Cargo Violations
R.G. Edmonson |
The Federal Aviation Administration is asking for $838,250 in civil penalties from two shippers and an aviation maintenance company for violating aircraft hazardous cargo and safety rules.
Transport, Trade and Regulation News
Air Cargo
Air Cargo Forwarder News
Mumbai Airport Project Clears Hurdle
JOC Staff |
India’s Union Ministry of Environment gave the state authority final clearance to build the long-awaited Navi Mumbai airport project, about 20 kilometers from the city.
Air Cargo
Air Cargo Forwarder News
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