Air Cargo

A second consecutive month of year-over-year growth in June saw Hong Kong International Airport stabilize first-half cargo throughput.

Forward Air profit in the second quarter jumped 23.2 percent year-over-year to $24.4 million, as airport-to-airport volume rose 5.4 percent in the same period.

DHL has launched a new direct twice-weekly express flight from the U.S. to Australia.

Korean Air said the global cargo slowdown is a major contributing factor as it booked a loss in the second quarter.

The ailing U.S. Postal Service could save roughly $100 million annually by shifting more mail shipments from the highways to the rails, according to a report by its inspector general.

Cathay Pacific Airways saw month-on-month cargo volume hold steady in June, but throughput was still slower than a year earlier.

Freight volumes at Asia-Pacific airports grew in May for the second consecutive month, latest figures from Airports Council International show.

Japan’s All Nippon Airways Co. said its international cargo volume grew for the fourth consecutive month in May on a year-over-year basis, rising 7.1 percent to 43,591 tons.

DHL Express opened its largest hub in Asia today (July 12), the latest step in the logistics major’s massive roll-out of new capacity across Asia’s key freight markets.

DHL will look to smaller “bolt-on” acquisitions rather than major takeovers to speed growth in the years ahead, according to Frank Appel, CEO of Deutsche Post DHL.

Global semiconductor sales in May rose 1.4 percent from the prior month, giving the struggling air cargo industry, which typically ships the foundation technology, a slight boost in the arm.

Germany’s Lufthansa Cargo carried 4.6 percent less freight in June than a year ago as it slashed capacity in line with weakening demand on its key Americas and Asia-Pacific routes.

Total U.S. freight tonnage will grow 21 percent by 2023, as freight revenue rises 59 percent, the American Trucking Associations predicts in a new freight forecast.

Air Menzies International is now offering all-inclusive online express import rates and bookings in the U.S. from global destinations.

The Global Air Cargo Advisory Group has warned regulators that national, ad hoc and impractical approaches to advance electronic information systems will undermine air cargo security and increase cost

Etihad Crystal Cargo’s traffic soared 21 percent in the first half of 2012 from a year ago to a record 175,000 metric tons as the Abu Dhabi carrier expanded its all cargo-fleet and freighter net

Transportation and warehousing lost about 2,200 jobs in June, after a 36,000 job hiring spree in May,

Kuehne + Nagel is acquiring the business contracts of Canada’s Perishables International Transportation in the latest expansion of Swiss logistics giant’s global fresh and frozen foods net

Trucking operator Saia didn’t have to look far for a logistics company to buy — Robart Transportation

Airbus will start assembling narrow-body A320 aircraft at its first U.S.

UPS Freight will raise its less-than-truckload tariff pricing 5.9 percent on average July 16, joining other LTL carriers with general rate increases this summer.

FedEx plans to buy 19 Boeing 767-300 aircraft, as the parcel giant speeds up its fleet upgrades to offset volatile fuel costs.

International air cargo traffic dipped 2.2 percent in May from a year ago and contracted 0.4 percent from April in line with deteriorating global economic conditions, the International Air Transport A

You’d be hard pressed to find stronger evidence of the shift of freight transportation from air to sea than when FedEx, operator of the world’s largest air cargo fleet, points it out.

Team Worldwide is struggling with visibility this summer.

FedEx and UPS could begin domestic delivery in China if the government grants the parcel giants the go-ahead to enter the multibillion and burgeoning market.

Texas-based air cargo company Martinaire Aviation could receive a six-figure fine after being accused of noncompliance with hazardous cargo regulations.

Airbus is weighing plans to build its first U.S. assembly plant in Alabama as the European aircraft manufacturer ratchets up its challenge to Boeing in its domestic market.

There is growing evidence the air cargo industry is heading for a state of overcapacity that threatens to ground more all-cargo carriers and pull down rates further.

Hong Kong International Airport saw profits and revenue both reach record highs in the year ended March 31 despite bearish cargo throughput.

Leading forwarders say sea-air volumes remain stable despite the double dose of fuel surcharges levied on users.

Singapore Airlines Cargo and China Cargo Airlines have signed an agreement to operate joint freighter services between Singapore and Shanghai.

Judging by the recent rash of U.S. air cargo expansion projects, you’d think demand was skyrocketing. It’s not.

United Parcel Service launches its 5.16 billion euro ($6.6 billion) cash bid for Dutch rival TNT Express Friday in a major expansion of its presence in Europe's package delivery market.

Air France-KLM outlined plans to lay off more than 5,000 of its French work force by the end of 2013 in bid to cut costs by $2.5 billion a year and return business to profitability.

FedEx CEO Fred Smith said more shippers are transporting goods via ocean shipping at the expense air carriers, a modal shift reflected in the parcel giant’s recent earnings report.

Shareholders of Worldwide Flight Services and Aviapartner agreed to combine the two companies.

Singapore’s Changi Airport saw cargo volumes contract by 2.8 percent year-over-year last month.

Emirates is expanding it air freight capacity to Iraq after seeing demand soar.

FedEx plans to retire older planes and take delivery of fewer new aircraft as the parcel