Air Cargo

Lufthansa Cargo inaugurated its South Asia pharmaceutical hub at India’s Hyderabad airport with shipments of medicines to Philadelphia and Chicago.

EVA Airways agreed to plead guilty to conspiring to fix international air cargo prices and to pay a $13.2 million fine in the antitrust investigation that has produced criminal charges against some of

Russia’s Volga-Dnepr Group plans to start a regional freight airline using converted 737 freighters to supplement the long-haul business of the company’s AirBridgeCargo operation, accordin

Shareholders of TNT today approved the de-merger of the Dutch company’s express and mail operations.

UPS will start initiate a weekly direct flight from Guam to Hong Kong starting in June, the latest in a series of routes the carrier has added during an expansion of Asia services.

Nippon Express, Japan’s largest freight forwarder, said that its net profit plunged 32 percent in fiscal 2010, which ended on March 31, from a year earlier to 8.541 billion yen ($104.16 million)

Freight volume at Singapore Changi Airport grew at its fastest year-over-year rate of 2011 in April, expanding 6.1 percent and extending the Asia airport’s recovery from a weak start to the year

Freight tonnage at New York’s Kennedy International Airport grew 7.1 percent in the first quarter over last year on a strong surge in shipping during March.

Cargo airlines are on alert for possible disruption to supply chains as drifting ash cloud from an active volcano in Iceland again threatens to shut down airports in northern Europe.

Lufthansa finalized an order for five 777 freighters valued at $1.3 billion at list prices that will consolidate its position as Europe’s biggest cargo airline.

Air France-KLM’s cargo unit returned to profitability a year ahead of target, booking $98.7 million in earnings in the year to March 31 compared to a loss of $623.5 million a year earlier.

Struggling Japan Airlines posted a record operating profit of $2.33 billion in the 2010 fiscal year ending March 31 compared with an operating loss of $1.65 billion a year earlier but the carrier said

International cargo volume jumped 10 percent to 43,975 tons in March at All Nippon Airways.

The U.S. Postal Service is putting new urgency on its bid for financial relief from Congress, saying its operations will be hit if the USPS runs out of cash this fall as predicted.

Kintetsu World Express, Japan’s second-largest international forwarder, said that its profit surged 72.4 percent in fiscal 2010, which ended on March 31, 2011, from the previous fiscal year to 7

Neel Shah, vice president of Delta Airlines’ cargo division, has reason to be pleased with 2011’s first quarter results.

Spanish airline Iberia will start operating a 737 freighter between Madrid and Brussels in an upgrade to the carrier’s perishables “cool and fast” service.

Frankfurt Airport boosted cargo traffic 12.8 percent in April from a year ago to an all time high for the month as the German hub benefited from accelerating global trade.

Forwarder Panalpina is expanding its scheduled freighter operations through Huntsville, Ala., with a second weekly service connecting the city to Hong Kong.

DHL Express will modernize its fleet in Europe with the acquisition of 13 A300-600 passenger aircraft and conversion of the planes to freighters.

Hong Kong International Airport’s freight volume 6.2 percent in March over the same month a year ago as expedited shipping surged back following a demand downturn the month before.

The U.S.

Air Transport Services Group saw net profit drop 61 percent in the first quarter ending March 31 from the same quarter a year ago to $2.8 million as rising costs offset an 8.8 percent gain in revenue.

Emirates SkyCargo boosted revenue 27.6 percent to a record $2.4 billion in the 12 months through the end of March as it benefitted from a worldwide rebound in air freight volume.

Deutsche Post DHL increased first quarter operating profit 23 percent from a year ago to $906 million as strong growth in shipping volume, especially in Asia, sent revenue up 6.9 percent to $18.4 bill

Lufthansa Cargo boosted freight traffic by 24.8 percent in April from a year ago, driven by surging volumes across its Americas network.

The Drewry Air Freight Price Index pushed back up to its highest level in five months in March despite slipping 5.6 percent on a year-over-year basis, according to Drewry Shipping Consultants.

Air China Cargo is adding Chengdu to its Asia-Europe freighter service as the carrier looks to raise the Western China industrial city's profile in its global network.

FedEx Express is building a Southeast Asia hub operation in Singapore that will become the carrier’s second-largest facility in Asia after its main sorting operation in Guangzhou, China.

Cargo traffic at Air France-KLM grew 11 percent in April and capacity jumped 15.6 percent from last year, when fallout from the volcano eruption in Iceland put a lid on airline activity in Europe

Neel Shah, head of International Air Cargo Association’s security committee, is raising warnings about the impending 100 percent screening deadline set by the U.S.

John Mica, R-Fla., chairman of the House Transportation and Infrastructure Committee, expressed confidence on Thursday that Congress will complete a bill that authorizes the Federal Aviation Administr

Atlas Air Worldwide Holdings saw its net profit fall more than two-thirds in the first quarter amid rising costs and falling military charter revenue, but the freight airline said Tuesday it still exp

International air freight traffic grew 3.7 percent in March over the same month a year ago despite a decline in shipping in Asia following the Japanese

Qatar Airways said it expects to reach agreement in the coming weeks to acquire a 33 percent stake in the largest European all-cargo carrier Cargolux.

Alabama and other states nearby are trying to clear away debris that hampers transportation systems and to restore power to businesses and homes, following a devastating tornado outbreak this week tha

Japan's All Nippon Airways posted a net profit of $284.15 million in fiscal 2010, which ended on March 31, compared with a net loss of $698.78 million in the previous fiscal year.

UPS officials say they have seen "minimal" resistance from shippers in raising prices for domestic package services so far in 2011.

UPS’s profit soared 66 percent in the first quarter to $885 million, and the parcel giant issued a glowing outlook for the full year on Tuesday, raising its earnings projections 24 percent to record a

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