Air Cargo

The UK's new government said it will sell off state-owned rail, aviation and postal assets as part of a deficit reduction program.

TNT, the Dutch express and postal group, is in talks with CVC Capital Partners about selling a stake in its mail unit to the Luxembourg-based private equity firm, according to Dutch media reports.

Last year’s 18.2 percent drop in business logistics spending was a record, according to an annual benchmark report, but it was a record with an asterisk.

Freight volume at New York’s Kennedy International Airport grew 31.6 in April over last year’s depressed figures, but the cargo business also showed signs that the recovery has peaked, acc

European Union anti-trust regulators cleared a joint venture all-cargo airline between Hong Kong’s Cathay Pacific and Air China Cargo.

Europe’s logistics industry is emerging leaner and fitter from double-digit declines in revenue and earnings spawned by the worst economic and trade recession since World War II.

Congress Reconsiders Liability Limits

U.S. air freight traffic grew 22.1 percent in the first quarter, helped by strong growth in international markets, according the U.S. Bureau of Transportation Statistics.

FedEx’s net profit reached $419 million in the quarter ending May 31 following a loss a year ago and the company said Monday it expects a recovering global economy and stronger pricing to push e

Frankfurt airport's cargo traffic hit an all time high in May after climbing nearly 40 percent from a year ago, driven by soaring shipments from Asia.

Tariffs As Business Tools

Maersk Introduces Priority Shipping

FedEx Express President and CEO David Bronczek promises a strong cargo focus to his new post as chairman of the International Air Transport Association board of governors, including close attention to

Two 139-foot-long wind turbine blades transported recently in an Antonov AN-225 were the longest cargo pieces ever flown in an aircraft, said logistics provider Geodis Wilson, which managed the shipme

Lufthansa Cargo boosted freight traffic by 17.6 percent in May from a year ago as strong growth on its Americas and Asia/Pacific routes lifted volume above the pre-crisis levels of two years ago.

Japan Airlines Corp. (JAL) and All Nippon Airways Co.

The Freight Transportation Services Index rose for the third consecutive month in April, climbing 0.3 percent from March, the U.S. Bureau of Transportation Statistics said.

The Toll Group is acquiring the DPEX Group, one of the largest independent express air freight businesses in Asia, from Qantas, the company announced today.

Air freight prices out of Shanghai jumped 18.4 percent on average in April from March to their highest point so far in 2010, according to Drewry Shipping Consultants.

Cathay Pacific will start flying cargo across the Atlantic for the first time in July when the Hong Kong carrier debuts an around-the-world freighter service.

Emirates Airline added 32 A380 aircraft to its orders for the “superjumbo” Airbus plane on Tuesday, giving new momentum to the carrier’s rapid expansion in capacity out of its Dubai

Trucking employment last month grew at its fastest pace since it began to recover in March, and that mode led a broad gain in May that extended across all freight transportation modes.

UPS said Monday it is bolstering its technology to simplify multimodal shipments and give importers more control over packages and less-than-truckload freight.

The world’s airlines will book net profits of $2.5 billion in 2010, the International Air Transportation Association said, just three months after it forecast a $2.8 billion loss.

With international package volume rising, DHL Express is hiring as many as 300 workers at its hub in Cincinnati, Ohio.

EU to Investigate Ocean Carriers

Bad news was everywhere at the end of May: The Dow was plunging 300 points, North and South Korea were rattling sabers, the eurozone crisis was threatening to spread, and an underwater gusher of crude

The number of Chinese airports allowed to offer direct cargo services to Taiwan will increase from two to six under a new air transport accord between the two countries' civil aviation authorities.

American Airlines reported its busiest month for cargo in nearly two years in May as traffic grew 22.6 percent over the same month a year ago.

DHL closed the door on a painful episode in its U.S. operations this week when it handed over ownership of the Wilmington Air Park to officials in the

UTi Worldwide says it is raising prices for shippers after the global freight forwarder saw its profit margins squeezed amid rapid growth in demand in the company’s fiscal first quarter.

Seven transportation companies and the nation's second-largest container port made the 2010 CIO 100 list recognizing companies that create business value through technological innovation.

Economic recovery in the U.S.

Air France-KLM’s cargo traffic in May rose 8.7 percent from a year ago, led by a double digit increase on its Americas network.

Hong Kong International Airport said a 47 percent surge in exports in April pushed the airport to its largest monthly cargo volume in more than two-and-a-half years, extending a strong resurgence in s

The National Mediation Board rejected a request by the Teamsters union to release UPS aircraft mechanics from negotiations, which would have set the stage for a strike in 30 days.

Global air cargo volumes surged 26 percent in the first quarter from a year ago and revenue grew as much as 40 percent, the International Air Transport Association said.

Freight tonnage at Los Angeles Airport grew 28 percent in April from a year ago, but volume slipped slightly from the month before, signaling the rebound at the country’s largest trans-Pacific a

Moya Greene, chief executive of Canada Post, has been appointed the new chief executive officer of the UK's Royal Mail.

With public budgets stretched thin, governments should be doing more to encourage private investment in needed infrastructure, the CEO of Neptune Orient Lines told an international panel of transport