Air Cargo

IAG Cargo will launch a new air cargo route from London Heathrow to Austin, Texas, in March 2014, and will offer an additional export route for the area’s expanding technology hub.

The global air cargo market continued its modest recovery in July, with traffic increasing 1.2 percent from a year ago as growth in Europe and the Middle East offset weakness in the Asia-Pacific region, the International Air Transport Association said.

Teamsters at Air Express International agreed to extend their contract with the company, keeping their current benefits in place until March 2014.

Dubai International reported a surprising decline in air freight volumes last month.

Chapman Freeborn Airchartering and Air Libya have formed an exclusive partnership for the operation of a freighter aircraft in Libya.

International air cargo rates remained depressed in July as the bearish demand apparent for much of the year continued to dominate markets.

TNT Express is planning to sell its European fashion supply chain unit as part of a restructuring triggered by the collapse of a $6.9 billion takeover by UPS.

Cargo throughput at Hong Kong International Airport reached 341,000 metric tons in July, up 1.9 percent year-over-year.

IAG Cargo has made its small freight collection service, Cargo Connector, available to freight forwarders in the catchment areas of...

Air Canada reported cargo traffic of 130.5 million metric ton-kilometers in June, down 0.8 percent compared with the same month last year, according to Statistics Canada.

AirBridgeCargo Airlines has transported 16 metric tons of satellite equipment on one of its Boeing 747-400 freighters from Toulouse, France, to Krasnoyarsk, Russia.

The parent of American Airlines, AMR Corp., reported July cargo figures for its principal subsidiary, showing an increase to 154,124 million ton miles, up 5.7 percent from 145,833 million tons miles reported in July 2012.

A UPS cargo plane crashed near Birmingham, Ala., this morning.

IAG Cargo, created from the merger of British Airways World Cargo and Iberia Cargo, will offer cargo services on a new Iberia route connecting Quito, Ecuador, with its Madrid, Spain, hub, starting Oct. 26.

In July, Fraport Group’s five majority-owned airports handled 179,500 metric tons of cargo, a drop of 0.6 percent from July 2012.

Deutsche Post DHL reported its profit in the second quarter of 2013 was €422 million (about US$562.2 million), improving from €196 million in the second quarter of 2012.

Domestic flights today resumed taking off and landing at Nairobi’s Jomo Kenyatta International Airport in Kenya, after the facility was damaged and temporarily shut down by a massive fire, CNN reports.

U.S. air cargo imports are facing “sporadic” and “relatively minimal” delays because of heightened national security over terror threats, requiring the double screening of shipments on commercial flights coming from Europe, the Middle East and Africa, said the head of the Airfowarders Association.

International Airlines Group reported cargo traffic of 468 million metric-ton-kilometers in July, down 8.6 percent from 512 million metric-ton-kilometers of cargo in July 2012.

Shippers in Asia are shifting as much marginal cargo away from air freight as possible to further cut supply chain costs even though air freight rates ex Asia are now at historic lows, according to leading 3PL executives.

Drewry Maritime Research’s East-West Air Freight Price Index rates slipped by 2.7 points in June to 94.3 points, bringing the index down to its lowest level since it was launched it May 2012...

Worldwide Express has been sold to a group of investors, including a significant investment from the management team.

IAG Cargo today reported its cargo traffic totaled 2.76 million metric-ton-kilometers in the first six months of 2013, down 8.4 percent compared to the first six months of 2012.

Atlas Air Worldwide’s net income plummeted 32.8 percent from $31.2 million in the second quarter of 2012 to $21.0 million in the second quarter of 2013.

Japan Airlines Corp. (JAL) said on July 31 that its net profit tumbled 31.9 percent in the first quarter of fiscal 2013, which started on April 1, from a year earlier, to 18.337 billion yen ($187.11 million) on a consolidated basis.

Forward Air Solutions is preparing to occupy an 89,600-square-foot distribution facility at Port San Antonio’s industrial airport, Kelly Field, later this year.

Amsterdam Airport Schiphol handled 736,608 metric tons of cargo in the first half of 2013, rising 1.02 percent compared with the same period in 2012.

Japan’s ANA Holdings Inc., the parent firm of All Nippon Airways Co. (ANA), said on July 30 that it slipped into the red in the first quarter of fiscal 2013, which started on April 1, despite a jump in international cargo revenue.

The International Air Transport Association reported air freight demand increased 1.2 percent year-over-year in June...

The Association of Asia Pacific Airlines reported preliminary traffic figures in June showed demand for air cargo continued to be weak.

Blue Dart Express, India's leading air express and logistics services provider, reported a net income of $7 million in its fiscal 2013-14 first quarter, which ended June 30, flat compared to the profit in the same period of fiscal 2012-13.

IAG Cargo has added Johannesburg as the third route for its new A380 superjumbo aircraft.

Chapman Freeborn Airchartering and Swiss WorldCargo have entered into a partnership to enhance their cargo offerings.

Grupo Aeroméxico reported its cargo revenue in the second quarter of 2013 was $510 million pesos (about US$40.3 million), dropping 10.2 percent from $44.9 million in the second quarter of 2012.

Airlines for America reported yield in June for domestic cargo was $71.10 per revenue ton mile, down 9.9 percent year-over-year. Yield for international cargo was $34.40 per revenue ton mile, sliding 8.1 percent.

Forward Air reported its net income in the second quarter of 2013 was $13.8 million, falling 2.8 percent from $14.2 million in the second quarter of 2012.

The parent of American Airlines, AMR Corp., reported profit in the second quarter of 2013 was $220 million, rebounding from a net loss of $241 million in the second quarter of 2012, although cargo revenue dropped.