Air Cargo

Cathay Pacific Airways saw further declines in air cargo throughput in January despite the shift in timing of Chinese New Year, which started Jan 31 this year, compared with Feb. 10 in 2013 and was expected to prompt a major rush of expedited deliveries in mid-January.

Iberia Airlines has reached a deal in principle with its pilots’ union, SEPLA, to “introduce permanent structural change and improve the airline’s viability,” effectively ending...

U.S. shippers on average expect that for the first time in roughly two years freight growth in 2014 will steadily outpace the expansion of the general economy,

The e-commerce division of India’s leading express distribution and supply chain solutions group grew at a rapid rate in the latter half of 2013...

Air and ocean trades to and from China will remain slow until next month due to the Lunar New Year shutdown, according to a survey by JOC of leading transport operators and analysts based in Asia.

Asia-Pacific airlines will continue to dominate air cargo markets and freighter orders over the next two decades, according to the latest report from Airbus.

The global air cargo market faces a challenging year after growing just 1.4 percent in 2013, according to the International Air Transport Association.

Blue Dart Express, India’s leading air express and logistics services provider, reported a net income of Rs. 23 crore (approximately $3.7 million) in the third quarter of fiscal year 2013-14, tumbling 49 percent year-over-year.

Japan’s largest international freight forwarder Nippon Express said its profit jumped 13.8 percent year-over-year in the first three quarters of fiscal year 2013...

Saudi Airlines Cargo continued to increase its volume despite a tough year for the air freight sector in 2013.

Japan Airlines Corp. (JAL) said on Jan. 31 that its group net profit tumbled in the first three quarters of fiscal 2013, which started on April 1, 2013, from a year earlier, despite increased revenues from both passenger and cargo operations.

Japan’s ANA Holdings Inc., the parent firm of All Nippon Airways Co. (ANA), said on Jan. 31 that its group net profit nosedived in the first three quarters of fiscal 2013, which started on April 1, 2013, from a year earlier, despite a sharp rise in international cargo revenue.

Embarrassed by late deliveries that lowered profits this holiday season, UPS lays out its strategy for improved forecasting, collaboration with shippers and package delivery at the next holiday peak.

TNT Express today announced it will retain its domestic delivery operation in Brazil following the termination of talks with potential bidders for the business.

Asia’s leading airlines saw international air cargo demand contract last year despite a partial recovery in the final quarter.

Forward Air has agreed to acquire Central States Trucking and Central States Logistics from Central States Inc. for $95.6 million.

Nippon Express Co., Japan’s largest international freight forwarder, has completed its acquisition of Panasonic Logistics...

All the signs are growing that air freight volumes in Asia will rebound this year, but Cathay Pacific posted a surprising 5 percent decline in cargo in December despite boosting capacity.

UPS today proved there’s no such thing as free online shipping. The parcel giant lowered its earnings expectation for the full year to $4.57 a share from a previous prediction of $4.65 to $4.85 a share, citing the unexpected surge in last-minute online shopping orders in a compressed holiday peak season.

Positive train control, improved mass rail transit safety and eliminating driver distration were among the ten top transportation safety improvements the National Transportation Safety Board wants to see advance in 2014.

Expectations are growing that 2014 will finally see air freight volumes and yields pick up after more than two years of bottom feeding, giving airlines in Asia a much needed boost to profits.

The Luxembourg government has completed the sale of a 35 percent stake in all cargo carrier Cargolux to China’s Henan Civil Aviation Development and Investment for $120 million.

Direct-to-consumer delivery of merchandise via e-commerce fulfillment has been a boon for the courier industry, but when the consumer is located in another country, the rules of the game change and fulfillment becomes much more complex.

Lufthansa Cargo said the global air freight market could pick up in 2014, reversing two years of flat demand, following positive developments towards the end of 2013.

The coming year will witness a changing of the guard at the top of the global carrier hierarchy. With legal obstacles to the marriage of American Airlines and US Airways removed, the path is clear to creation of the world’s largest airline. In terms of cargo, the new behemoth will offer more capacity and a larger network, but it’s unlikely to change the landscape dramatically. In fact, the two airlines likely will be preoccupied with their integration in the months ahead.

Japanese containerized cargo exports will rise for the second consecutive year in fiscal 2014, which starts on April 1, amid a moderate recovery in the global economy, a Tokyo-based research firm predicted in a new report.

The International Air Transport Association has forecast that international freight volumes will jump 17 percent over the next five years.

The Luxembourg government has agreed to sell a 35 percent stake in Cargolux to Chinese investors for $120 million.

The board of Cargolux has backed a cooperation deal with Henan Civil Aviation Development and Investment Co., clearing the way for the Luxembourg government to sell a 35 percent stake in Europe’s largest all-cargo airline to the Chinese investors.

Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume rose for the eighth straight month in October on a year-on-year basis, surging 12.3 percent to 53,576 tons.

Nippon Express Co., Japan’s largest international freight forwarder, has acquired a 49 percent stake in NEC Logistics Ltd., the logistics arm of NEC Corp., the two companies announced on Dec. 2.

It’s far from a surge of optimism, but shippers’ expectations on how much freight they move via land, sea and air in the coming months is the second highest in the past six quarters.

Lufthansa Cargo’s first Boeing 777 freighter will take off from Frankfurt, Germany, tonight, bound for New York’s John F. Kennedy International Airport, on its first scheduled flight.

The profitability of Asian carriers with major freighter fleets continues to be negatively impacted by the overhang of excess capacity, but the long-term outlook for air freight is “encouraging,” according to the Association of Asia Pacific Airlines.

The 50 largest transportation and logistics companies worldwide grew more slowly in 2012 as the global economy sputtered, increasing revenue only 2.6 percent compared with a more robust 8.4 percent combined growth rate in 2011.

Emirates Group boosted revenue by 13 percent in the first six months of its fiscal year, through Sept. 30, to $11.5 billion.

U.S. Sens. Barbara Boxer, D-Calif.; Maria Cantwell, D-Wash.; and Amy Klobuchar, D-Minn., have introduced the Safe Skies Act to ensure that America’s cargo plane pilots...

AirBridgeCargo Airlines transported 92,000 tons of cargo in the third quarter of 2013, a 3 percent increase year-over-year...