Air Cargo

UTi Worldwide profit surged 47 percent in the third quarter, primarily as a result of strong air freight growth, but the forwarder forecasts a slowdown in the fourth quarter.

TNT said Thursday it plans to sell its air express business, completing the breakup of one of the world’s largest transportation companies in a move that could shake up the competition in the ve

South Korea ordered two Japanese air carriers to pay a total of about $4.8 million in fines for violating South Korea's anti-trust law in their international cargo operations.

European transport commissioner Siim Kallas on Thursday will ask transport ministers from the EU's 27 member states to consider proposals to tighten air cargo security, including stricter conditions o

Financial industry lobbyist Nicholas E. Calio will replace James C. May as president and CEO of the Air Transportation Association, the group representing the airline industry in Washington.

Singapore Airlines Cargo agreed to plead guilty to a charge of fixing air cargo rates on shipments to and from the U.S. between 2002 and 2006, the U.S. Department of Justice said Nov. 30.

The Senate Tuesday morning passed by a 73-25 vote a bill that would give the Food and Drug Administration added authority to keep contaminated food out of the food chain.

Lufthansa Cargo said it needs six more freighters with the capacity of an MD-11 by 2015 to keep pace with rising global cargo demand.

The Tokyo District Court Nov. 30 approved a state-backed rehabilitation plan for bankrupt Japan Airlines.

British Airways and Iberia shareholders Nov. 29 approved a $9 billion merger creating one of the world's biggest airlines with a cargo business of a million tons a year.

An IL-76 cargo plane crashed early Sunday morning near Karachi, Pakistan, killing at least 11 people and igniting a blaze in a military housing area.

In the increasingly contentious world of airline security, one thing on which everyone agrees is that the mandatory deadlines air carriers must meet in filing air cargo manifests isn’t working.

Global air freight increased 14.4 percent in October from a year ago and got a peak season shipping boost with the first month-on-month increase since May, the International Air Transport Association

In a manag;ement change at the top of one of Europe’s largest airlines, Lufthansa German Airlines’ board elected Lufthansa Cargo chief Carsten Spohr chief executive of the overall airline

The Federal Aviation Administration is asking for $838,250 in civil penalties from two shippers and an aviation maintenance company for violating aircraft hazardous cargo and safety rules.

India’s Union Ministry of Environment gave the state authority final clearance to build the long-awaited Navi Mumbai airport project, about 20 kilometers from the city.

Deutsche Post said it will target investment at its DHL express and logistics business in the next five years as its mail unit faces stagnant earnings.

The U.S.

UPS agreed to sell its UPS Logistics Technologies unit to private equity firm Thoma Bravo.

Full screening of all packages on all-cargo aircraft as proposed in Congress would be impractical and highly difficult to implement, Homeland Security Secretary Janet Napolitano said in an interview w

Air cargo trucker Towne Air Freight acquired HBI Freight, one of the largest full-service air cargo and home delivery trucking companies on the eastern seaboard.

A London court handed British Airways a key victory Thursday in a civil suit against the airline over cargo price fixing, ruling the case cannot go forward as the UK equivalent of a class action lawsu

Rep. Edward Markey, D-Mass., introduced legislation Tuesday that would require 100 percent screening of cargo aboard all-cargo aircraft.

Air France-KLM booked a profit on cargo operations for the second successive quarter as revenue soared almost 38 percent above a year ago.

Air France-KLM, Europe's largest airline, swung to a $778 million operating profit in the fiscal second quarter from a $63.5 million loss a year ago on a strong recovery in cargo and passenger revenue

A grand jury in U.S.

UPS and FedEx, the two biggest U.S.-based express carriers, announced what they expect to be the busiest shipping days of the holiday season.

All Nippon Airways increased its international cargo volume 32.6 percent from last year to 42,007 tons in September, the 13th consecutive month of growth.

The U.S. Postal Service lost $8.5 billion in its fiscal year ended Sept.

Ulrich Ogiermann, facing charges that he took part in a global air cargo price-fixing conspiracy, stepped down Thursday as president and chief executive of freight airline Cargolux and was replaced by

Lufthansa carried 18.3 percent more cargo in October than a year ago.

The bomb discovered on a UPS plane at a UK airport last month was timed to detonate over the easter

Frankfurt airport boosted cargo traffic 15.8 percent from a year ago to an all time monthly high as freight outpaced passenger growth at Europe's largest air cargo hub.

Kintetsu World Express, Japan's second-largest forwarder, earned net profit of $48.84 million in the six months to Sept. 30, more than double its profit in the year earlier period.

The European Union Nov. 9 fined 11 airlines $1.1 billion for their role in a global cartel that colluded to fix air cargo rates.

Cargolux, the Luxembourg-based all-cargo airline Nov. 9 said the European Union fined the carrier $112 million for participating in an illegal air cargo cartel.

Deutsche Post DHL swung to profit in the third quarter after a year earlier loss. The change was driven by surging ocean and air cargo volumes and “extraordinarily high” freight rates.

FedEx Trade Networks, pushing deeper into the ocean forwarding business, is adding five stations in Europe, including an office at the Port of Antwerp, the company announced Monday.

U.S.

TNT, the Dutch postal and express group, Nov. 8 rebuffed an ultimatum it dubbed irresponsible by labor unions for cuts in planned layoffs.