Air Cargo

Lufthansa Cargo’s operating earnings fell to $326 million in 2011 from a record $406 million in 2010, but it was the German airline’s second-best performance, achieved in the face of slump

DHL said the $47 million expansion of its U.S. hub at the Cincinnati/Northern Kentucky airport will provide parcel customers with an extra 193,000-square-feet of capacity.

Saudia Cargo has signed an exclusive deal to provide express freight services to the National Shipping Company of Saudi Arabia for three years.

This year will be even tougher for airlines than 2011 because of economic instability, high jet fuel prices and weak cargo markets, said Christopher Pratt, chairman of Cathay Pacific Airways.

Russia-based AirBridgeCargo Airlines has launched a new link between Germany and China via Moscow.

Air France-KLM Cargo and Martinair Cargo will jointly roll out a raft of new services from Europe to China, the U.S. and Africa.

Frankfurt airport handled 9.1 percent less cargo in February than a year ago as a night flight ban mostly affecting freighter flights and sharply lower Asian traffic weighed on Europe’s second l

A German federal court will begin a hearing tomorrow, March 13, to decide whether to extend a controversial ban on night flights at Frankfurt airport that

Lufthansa Cargo freight traffic slowed to 3.4 percent year-over-year in February from 11.4 percent in January, amid a slowing global economy and a ban on night flights at its Frankfurt hub.

Cathay Pacific Airways’ key markets remained “soft” in February with year-over-year traffic gains, mostly because of the early Chinese New Year holiday.

Trans-Pacific air cargo demand is surging, driven by the launch of new high-tech products such as Apple’s iPad 3.

A new deal between TNT and Emirates SkyCargo will boost capacity on air cargo routes from Asia to Europe and reduce TNT’s exposure to long-haul routes.

Qatar Airways will expand its global bellyhold and freighter network via its Doha hub later this year.

Air France-KLM’s cargo unit swung to a $79.2 million loss in 2011 from a $19.8 million profit in 2010 amid a global glut of capacity and reduced traffic on major routes.

Lufthansa, Europe’s second-largest airline, swung to a net loss of $17 million in 2011 from a $1.5 billion profit in 2010 as losses from the ongoing sale of U.K-based BMI weighed on the German c

Germany’s Deutsche Post DHL, coming off a year in which net profit fell by half because of a onetime charge related to the sale of its Postbank banking unit, forecast higher revenue and profit f

Air cargo volumes in the Asia-Pacific region fell nearly 13 percent in January compared to a year earlier.

Saudi Airlines Cargo will launch a twice-weekly B747 freighter service to Saigon, Vietnam, on March 25, linking the Southeast Asian country to the Middle East and Frankfurt, Germany.

UPS has named Jeff McCorstin vice president of international air and ocean freight transportation services.

Jade Cargo this week came a step closer to taking to the air again after its owners agreed to work with UniTop Group, a Chinese transportation company, to restructure the troubled carrier.

International air cargo traffic has stabilized after a year-long slump despite an 8.1 decline in January volume, which was caused by the closing of factories during the Chinese New Year holiday, the I

International Airlines Group’s freight revenue in 2011 grew 8.6 percent from a year ago to $1.6 billion, as the Anglo-Spanish carrier increased traffic in a declining global air cargo market.

Hong Kong Airlines has bowed to pressure from customers and animal welfare groups to stop transporting live dolphins.

Hong Kong Airlines is refusing to stop transporting live dolphins captured in Japan despite public uproar over its involvement.

China plans to build the world’s largest cargo airport near Beijing in a $4.8 billion project due for completion in late 2017.

Freight carried by Asian airlines in January fell 13.7 percent year-over-year, signaling another challenging year for carriers as European demand wanes, according to the Association of Asia Pacific Ai

Amsterdam Schiphol airport boosted net income in 2011 by 15.1 percent to $260 million from $226 million a year ago, but Europe’s third-largest air cargo hub warned capacity constraints could slo

Expeditors International of Washington said a weak peak season for imports pulled fourth quarter profit down 4 percent year-over-year to $92.8 million.

TNT Express, the Dutch express delivery company in takeover negotiations with UPS, plans to refocus on its core European market, trim international operations, and reduce its freighter fleet to stem r

Saudi Airlines Cargo and DHL Global Forwarding will launch a new thrice-weekly direct freighter service between Dubai and Europe in March.

Cargo volume slumped more than 20 percent at Hong Kong International Airport in January from December and by 17.5 percent year-over-year as sluggish demand during Chinese New Year led to double-digit

TNT Express rejected an unsolicited takeover offer of roughly $6.4 billion from UPS, but the Dutch delivery firm said discussions with the parcel giant are ongoing, according to reports.

UPS recently acquired Kiala, a Brussels-based provider of goods bought on the Internet, as the parcel giant attempts to tap growing e-commerce in Europe.

Japan’s All Nippon Airways Co. saw international cargo volume rise for the first time in three months in December on a year-over-year basis, increasing 2.2 percent.

FedEx Express is expanding its freighter service between Asia and the Middle East through India, speeding up shipment transit times by up to two days for connections from the Indian subcontinent to th

Frankfurt airport handled 16.8 percent less freight in January than a year ago as uncertainty over the global economy and a night flight ban continued to weigh on Europe’s second-largest air car

Cargo transported by Cathay Pacific and sister carrier Dragonair in January plunged 17.6 percent year-over-year and 26 percent from December.

President Obama’s 2013 budget calls for nearly $30 billion more on transportation infrastructure annually than the roughly $50 billion sought through the House and Senate’s competing surfa

The Transport Workers Union of America and the Communications Workers of America are teaming up on bargaining and organizing efforts at airlines.

Air freight rates for Asia outbound shipments rose 4.6 percent in January over the same month a year ago, the first year-over-year increase in Drewry’s Air Freight Price Index in 15 months.