Air Cargo

Germany’s Deutsche Post DHL won a long-running legal battle to block Belgium from giving $406 million in aid to its national mail company, Bpost.

Strong performances by its package delivery and industrial trucking divisions gave FedEx lift lacking i

FedEx’s net profit rose 22 percent to $464 million in its June-August quarter, but the world’s largest air cargo carrier lowered its earnings expectations for the rest of the year, citing

MOL Logistics (Japan) expanded its network in a dozen Africa countries by signing a contract with an undisclosed freight forwarder.

Atlas Air handed Boeing and the aircraft manufacturer’s troubled 747-8 freighter program its second major setback in a week, canceling orders for three of the planes just days after

Damco Airfreight recently transported a 52-ton compressor from India to Berlin via an Antonov 124, the world's second-largest operating cargo aircraft.

Air Canada, the country’s largest carrier, said Tuesday it’s modifying about 10 percent of its flights to mitigate the impact of an anticipated flight attendant strike on Wednesday, accord

Germany’s DHL Global Forwarding bought out its partner Lufthansa Cargo’s share in their U.S-based temperature-controlled logistics joint venture.

The International Air Transport Association cut its 2011 forecast for global air cargo revenue to $67 billion from a $72 billion estimate in June, due to stagnant volume and

Korean Air says a sharp drop in electronics exports out of South Korea sent the airline’s cargo traffic down 8.4 percent in the second quarter from the same period a year ago.

Weak demand from Europe and the U.S.

Cargolux stunned Boeing and the air cargo industry this weekend when the airline announced it would not accept delivery of the first of two 747-8 freighters over what the carrier called “unresol

The Gartner research group lowered its forecast for semiconductor shipments in 2011, saying sales of the chips that are the bedrock of the technology industry will fall 0.1 percent this year.

UPS’s $200 million investment at Cologne/Bonn Airport will upgrade and expand its European hub’s handling ability by nearly three-quarters.

Singapore Airlines added a weekly 747-400 freighter service between Singapore and Indonesia, as the carrier targets th

Panalpina will lease two 747-8 freighters from U.S.-based Atlas Air to meet increasing demand for capacity in the healthcare, high-tech, automotive, and oil and gas sectors.

Deutsche Post DHL will invest $1 billion in its domestic German parcel delivery service to keep pace with surging online shopping.

The Senate late Thursday avoided a shutdown of the Federal Aviation Administration on Friday by passing a “clean” bill to extend the agency’s operations through Jan. 31, 2012.

UPS will increase revenue 6 to 8 percent annually through 2016 and raise earnings 10 to 15 percent during that period, company executives said Thursday.

UPS is gearing up for what it expects to be one of its strongest ever holiday peak shipping seasons, and is rolling out enhanced residential service to help consumers manage the delivery of goods more

Personal computer sales are slowing, but portable tablet computers are flying off the shelves, and shipment fore

Falling air freight rates are dampening demand for combined use of ocean and air transport to ship goods from Asia to Europe, says a GAC executive, as forwarders and shippers increasingly take the str

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The Gartner research group is scaling back its projection for personal computer shipments worldwide this year, saying the economic downturn in Europe and disappointing sales in the United States will

Japan Airlines international cargo volume dropped for the 14th successive month in July on a year-over-year basis, plummeting 56.5 percent to 20,411 tons.

Japan’s All Nippon Airways said this week that its international cargo volume rose for 23 months in a row into July on a year-over-year basis.

Frankfurt airport handled 6.8 percent less freight in August than a year ago in the latest sign of the slowdown in the global air cargo market.

The House on Tuesday unanimously approved extending highway and aviation spending, boosting hopes Congress will avert the political brinksmanship that nearly shut down the government this summer.

Global freight volumes declined during the first half of the year, indicating a slowing economy, according to the Paris-based Organization for Economic Cooperation and Development.

Emirates SkyCargo began a weekly Far East-Australasia service using a new 777 freighter, as Emirates Ai

DHL Express will expand its fleet to 11 freighters with a multi-year agreement with Southern Air to operate three 777 all-cargo aircraft, allowing the German carrier to speed transit time on growing m

Mercury Air Group said its purchase of 50 percent stake in Trans Asia Charters for an undisclosed sum will allow the companies to grow their shares in the Asia-South America charter market.

Lufthansa Cargo carried 3.6 percent less freight in August than a year ago, confirming the downturn in the global market that cut traffic at its

The Drewry Air Freight Price Index for rates out of Asia fell 9.3 percent in July from the month before to its lowest level since February as the market felt the impact of weak demand and plentiful c

The terrorists attacks of September 11 forced the U.S. government to take a closer look at not only the security risks facing their airspace, but at its ports, railroads and highways as well.

Lufthansa Cargo Charter boosted its presence in North America by signing an agreement with Airline Network Services, a U.S.-based general sales agent, to cover the Canadian market.

FedEx is mulling buying up to 50 widebody freighters from Boeing and Airbus to update its aging fleet, according to a report by Bloomberg.

China will need 5,000 new commercial planes valued at $600 billion by 2030 as the country becomes the second-largest aircraft market after the U.S., aircraft manufacturer Boeing said Wednesday.

Wall Street research firm Wolfe Trahan Group is reducing its estimates for transportation earnings per share as economic headwinds gain strength.

Air France-KLM’s cargo traffic fell 0.2 percent in August, as gains on Americas services were outweighed by lower volume on Asia-Pacific routes.