Air Cargo Forwarder News

London – TNT’s net profit nearly doubled in the first quarter on strong gains in expedited shipping demand, but the Dutch express and mail carrier said it remains cautious about what it ca

Continental and United airlines plan to merge, the carriers announced Monday, creating the world’s largest airline by revenue and the largest cargo carrier among passenger airlines in the United

Miami International Airport’s cargo traffic grew 24 percent in the first quarter, including a 38.1 percent jump in March, as a recovery in expedited shipping through the gateway to Latin America

The Teamsters on Wednesday launched a multimedia blitz to push Congress to change federal law that makes it tougher organize FedEx Express drivers.

Global air cargo traffic soared 28.1 percent in March from a year ago and is just one percent short of the peak in early 2008, the International Air Transport Association said.

UPS launched its new intra-Asia air hub in Shenzhen, China, marking a shift in operations from the Philippines that reflects the changed balance of trade within Asia.

UPS said its net profit soared 33 percent in the first quarter on broad earnings gains across all its businesses, and the world’s largest parcel carrier issued its most optimistic statement yet

Hong Kong’s largest air freight handler set a one-day record for cargo tonnage, the company said Monday, signaling a recovery in Asia expedited shipping is maintaining momentum into the second q

For European airlines, the industry’s nascent recovery was carried away on what seemed to be a wisp of dust.

Forward Air reported a positive first quarter for 2010, with numbers up in revenue as well as income from operations over the last 12 months.

It may be nearly mid-May before air freight shipments return to normal after the past week’s disruptions caused by a volcano in Iceland, said Brandon Fried, executive director of the Airforwarde

Europe's airline industry lurched back to life Wednesday as carriers put planes back into the air after being grounded for nearly a week by a volcanic ash plume from Iceland.

Demand for air charters on key routes to and from the Middle East, North America and worldwide has exploded since the shutdown of much of Europe’s air space following last week’s volcanic

Europe’s three largest cargo airports – Frankfurt, Paris Charles de Gaulle and Amsterdam Schiphol – reopened Tuesday after a five-day shutdown.

FedEx resumed flight operations at its European hub in Paris as the carrier and other express airlines began to work on clearing out the shipping backlog left by the shutdown of airspace under a cloud

European officials on Monday created three air zones to allow some flights in and out of the continent isolated since Thursday by volcanic ash in the air.

British Airways said it is seeking financial compensation from the European Union and the UK government for the closure of European airspace following the eruption of the Icelandic volcano Eyjafjallaj

United Parcel Service is meeting the air traffic ban in Europe by rerouting as much cargo as it can. Flights from Asia are stopping in Istanbul, Turkey, where freight will be transferred to trucks.

Shippers face steep hikes in air cargo freight rates and long delays when European air space re-opens, freight forwarders warned as airports across a large swath of the continent remained closed for a

LONDON – Lufthansa Cargo won clearance for three freighter departures from Frankfurt on Monday amid growing attempts by European airlines to break through growing logjams of cargo since a volcan

Several European airlines put test flights into the air Sunday to assess the impact of a volcanic ash plume that has enveloped the skies as the shutdown of European space moved into a fourth day and t

UPS issued a strong signal of recovery in its business Wednesday, saying the company expects its net profit to grow 37 percent in the first quarter on “significant acceleration” in interna

Two years after leaving the U.S. domestic package market, Deutsche Post DHL says it is growing again in the United States as rising international trade spurs a global recovery.

The U.S. Postal Service is in the midst of what may be its deepest restructuring since the most familiar delivery operation in the United States first put its letters on airplanes.

TNT, Europe's second largest express delivery company, is examining an initial public offering or partnerships for its mail business.

The German Aviation Authority granted an operating license to DHL Express for its newly formed Leipzig-based cargo airline, European Air Transport.

As part of its "green" technology initiative to cut vehicle emissions, UPS on Tuesday introduced a new service that will enable small and medium-sized businesses in the United States to sche

The Korean government will work with the International Air Transport Association on the airline industry’s “e-freight” initiative for paperless shipping documentation.

The House on Wednesday approved a bill to extend the operations of the Federal Aviation Administration through July 3.

FedEx gave a strongly upbeat view of economic expansion Thursday, announcing its net profit jumped 146 percent to $239 million in its latest fiscal quarter on dramatic growth in international air expr

French logistics provider Geodis acquired small parcel express carrier Ciblex.

Lufthansa Cargo carried 9 percent more cargo in February than a year ago, further narrowing the gap with its larger rival Air France-KLM, which reported a 2.1 percent year-on-year decline in shipments

Deutsche Post DHL, the German global mail, express and logistics group, reported 2009 net income of $876 million against a year earlier deficit of $2.3 billion as cost savings outweighed the impact of

UPS on Monday opened a distribution center at the Calgary International Airport in Calgary, Alberta.

TNT, the Dutch mail and express delivery group, reported fourth quarter net income slumped 58 percent from a year ago as one-off charges and impairments outweighed cost savings.

UPS will begin in May to furlough 300 or more of its airline pilots to cut operating costs during what the company expects to be a gradual recovery.

UPS nearly tripled its net profit in the fourth quarter, as a strong surge in international demand and unexpected domestic holiday shipping pushed earnings to $757 million at the end of the year, the

Air France-KLM signed a letter of intent to sell two new 777 freighters to FedEx as it downsizes its all-cargo operation.

Standard & Poor's issued a warning to UPS today, affirming its "AA-" corporate credit rating but downgrading its long-term ratings outlook to negative.

UPS is adding 245 new delivery trucks powered by compressed natural gas to its fleet in Colorado and California, expanding its use of CNG vehicles more than 20 percent.