Air Cargo

Lufthansa Cargo carried 10.5 percent less freight in July than a year ago as it continued to slash capacity to stay profitable in a weak global air cargo market.

The U.S.

Frankfurt airport operator Fraport AG’s first half net profit slumped 17.4 percent from a year ago to 86.9 million euros ($107 million) on high investment outlays and

British Airways and Chile’s LAN Cargo were among eight airlines that got final court approval for a settlement in a six-year-long class action lawsuit by shippers over the carriers’ involv

Global economic uncertainty is hurting Asian economic growth but the long-term outlook for logistics providers is still bright, according to Brendan Canavan, the recently appointed president of UPS As

Cargolux named Richard Forson as interim president and CEO of the cargo airline with immediate effect.

Transportation and warehousing employment increased 1.9 percent year-over-year in July, according to preliminary data from the U.S. Bureau of Labor Statistics.

Cargo revenue at International Airlines Group, the merged British Airways-Iberia carrier, stalled in the second quarter as strong growth at the U.K.

All Nippon Airways Co. posted a group net profit of $7.59 million in the first quarter of fiscal 2012, which ended June 30, compared with a net loss of $106.33 million a year earlier.

IJS Global opened a dedicated warehouse in the Philippines to handle the logistics needs of Novartis Animal Healthcare.

Transportation infrastructure ground to a halt and at least one person was killed as Typhoon Saola made landfall in eastern Taiwan on Thursday.

When UPS last spring agreed to acquire TNT Express for $6.6 billion, the deal reverberated throughout global express and parcel markets.

International air cargo traffic increased 1.1 percent in June from a year ago, driven by strong growth in the Middle East that masks continuing market weakness, the International Air Transport Associa

Japan Airlines said on Thursday that its net profit soared 111.2 percent in the first quarter of fiscal 2012, which started on April 1, from a year earlier to $340.51 million on a consolidated basis.<

Deutsche Post DHL lifted its 2012 earnings guidance after strong demand for its express delivery services in Asia boosted its second quarter results.

Lufthansa Cargo&rsquo;s operating profit slumped nearly 60 percent in the second quarter to 28 million euros ($34.4 million) from 69 million euros ($84.9 million) a year ago on higher fuel prices, wea

Downbeat air freight markets didn't keep Saudia Cargo from posting gains in the first six months of the year, as the largest freighter operator in the Middle East handled 251,500 tonnes of cargo, up 2

DB Schenker has signed a deal in which the forwarding giant will ship around one third of its air freight exports out of China through one terminal at Hong Kong International Airport.

Frank Reimen, Cargolux Airlines International president and CEO, has stepped down following his appointment to a Luxembourg government post, the carrier announced.

Air France-KLM&rsquo;s cargo unit posted an operating loss of 62 million euros ($76.3 million) in the second quarter compared with 14 million euros ($17.2 million) a year ago as traffic declined sharp

TNT Express, the Dutch package delivery company being acquired by UPS, boosted second quarter operating profit by 67 percent to 77 million euros ($94.7 million) from 46 million euros ($56.6 million) a

International air freight carried by Asian airlines rose 4 percent in June compared to a month earlier, but traffic fell 0.8 percent year-over-year, according to the Association of Asia Pacific Airlin

Just when it looked like nothing could stop the U.S.

Singapore Airlines returned to profit in the last quarter, but warned the cargo outlook remains poor.

C.H.

The United Parcel Service downgraded its outlook for the second half of the year after non-U.S. volume declined 3.2 percent year-over-year in the second quarter.

Cargo volume was steady at Singapore&rsquo;s Changi Airport in June, but the arrival of a new carrier could boost cargoes in the coming months.

Starting in August, DHL Express will fuel 100 pickup and delivery vans in the U.S. with liquid propane autogas.

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&rsquo;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&rsquo;s massive roll-out of new capacity across Asia&rsquo;s key freight markets.

DHL will look to smaller &ldquo;bolt-on&rdquo; 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&rsquo;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.