Air Cargo Forwarder News

DHL Express, trying to close the books on its painful withdrawal from U.S. domestic business, said Tuesday it will donate its Wilmington Airport facility to local authorities in Ohio.

FedEx Express introduced its first 777 freighter service from Shanghai, China to the FedEx hub in Memphis, Tenn.

UPS is adding 101 field stocking locations in China to beef up its global service parts logistics network to serve the rapidly expanding industrial needs in that country.

UPS said Friday the economy and shipping demand are improving faster than the company anticipated, but the package carrier announced new cost-cutting plans that will eliminate 1,800 jobs across the Un

Deutsche Post DHL, extending its push away from domestic parcel delivery in Europe, said it plans to sell its French domestic parcels unit in the first quarter this ye

De Post-La Poste, Belgium's national postal operator, acquired a majority stake in MSI Worldwide Mail, a U.S.-based mail and parcel delivery company.

Freight traffic for European airlines fell 12.7 percent in October, the slimmest decline of a dreadful year in air cargo, helped by a 30.7 percent surge in trade on Middle East routes, the Association

FedEx will use the first two of its new 777 freighters on routes between Hong Kong and Memphis starting next month, company officials said, adding service at an Asia gateway hit hard by capacity short

FedEx said Thursday its net profit fell 30 percent in the quarter ending Nov.

U.S. and Canadian activist investors acquired more than five percent of TNT, reigniting speculation of a break-up or takeover of Europe's second largest parcel delivery and mail group.

FedEx scaled up its earnings projections sharply on Monday, saying it is seeing a steady increase in international express shipping demand and new strength in its domestic ground parcel service.

TNT said it will focus on its express parcel and freight operations over the next five years to offset shrinking mail volume.

FedEx will raise list prices for its ground parcel service an average 4.9 percent in 2010, matching the rate increase announced by competitor UPS.

Cargo traffic at Continental Airlines jumped 16.5 percent in November, the strongest year-over-year growth yet in 2009 amid growing signs of stability in the freight market for U.S.

A lower Canadian income tax rate, realignment of management and cutting back the number of employees helped same-day delivery specialist Dynamex stay even with last year’s profit figures for its

UPS Canada on Dec. 1 formally opened a $70 million expansion of its Toronto distribution center, the largest single Canadian investment for the global package delivery company.

While the average online shopper spent more on purchases than last year, consumers who went out to the stores for Black Friday weekend spent less, bringing total consumer spending for the three day st

DHL Express said it will transfer its European headquarters from Brussels to Germany and the Czech Republic over the next two years.

Same-day and next-day delivery specialist Eastern Connection is expanding in its home state of Massachusetts, opening a facility in Norwood, outside Boston.

Deutsche Post DHL, the global mail and logistics company, is seeking to sell its loss-making French parcel delivery business.

UPS announced an effective 4.9 percent rate increase for all parcel and express services for 2010 on Friday, exceeding the price increases set earlier by rival FedEx.

Pilots at ABX Air approved a collective bargaining agreement this week the cargo airline says will help the company build a long-term contract with main customer DHL.

Air France-KLM said its cargo unit booked a $219 million second quarter loss against a year earlier profit of nearly $15 million and won't break even for at least another eighteen months.

UPS, the world’s largest package delivery company, expects to carry 400 million packages worldwide during the holiday season between Thanksgiving and Christmas this year.

Air Transport Services Group came through the third quarter with nearly the same operating income as a year earlier despite the scaled-down U.S.

FedEx Express launched FedEx India, a domestic next-business-day express shipping service covering major cities in the country.

London – British Airways and Spain’s Iberia said November 12 they have struck a preliminary agreement for a merger.

FedEx’s freight forwarding division said Thursday it is adding seven offices in Asia and Europe as part of what the company calls “an aggressive global expansion” of its forwarding o

FedEx says it expects no more audits from the Internal Revenue Service now that the agency for the second time dropped a look at potential penalties in the company’s classification of parcel division

To fully equip a Bronx, N.Y., station as the company’s first all-hybrid facility, FedEx Express ordered 51 new hybrid vehicles from Azure Dynamics.

EVA Air Cargo on Nov.

Air cargo officials are hailing the Federal Aviation Administration’s decision this week to reject a Burbank, Calif., airport’s request for a ban on overnight flights, saying the curfew wa

Deutsche Post DHL lost $123 million in the third quarter, reflecting costs involved in DHL's exit from the U.S.

An Internal Revenue Service decision to reverse a previous assessment that FedEx had misclassified some package delivery drivers marks a strong victory for the carrier and its use of independent contr

Stronger international lift and a pickup in next-day shipments took some of the sting out of the recession for UPS in the third quarter.

Deutsche Post DHL, Europe's biggest mail and express delivery company, agreed to a labor contract with the Verdi union, according to a Reuters report.

FedEx Express shifted deliveries to an earlier schedule for inbound international express service in the Pearl River Delta region of China, including the city of Shanghai.

Parcel industry leader UPS saw its profit fall to $549 million in the third quarter, 43.4 percent below a year earlier, on a 14.9 percent decline in revenue to $11.15 billion.

Marking its 10th anniversary, the FedEx Express hub at Roissy-Charles de Gaulle airport in Paris opened its expanded facilities last week.

FedEx Express completed expansions of a hub in France and a bonded warehouse in Mexico this week, strengthening the infrastructure in its global network.