Air Cargo

Nippon Express, Japan's largest freight forwarder, said on Friday its net profit declined 17.2 percent in fiscal 2009, which ended on March 31, from the previous fiscal year to $136.6 million.

The U.S.

UPS formed a strategic alliance with AliExpress, an online wholesale marketplace launched by e-commerce facilitator Alibaba.com.

Atlas Air Worldwide Holdings, a provider of air cargo assets and outsourced aircraft operation, improved net profit 44.5 percent year-over-year in the first quarter earning $33.8 million on revenue up

Expeditors International of Washington reported a $61.2 million net profit in the first quarter, 3 percent better than a year ago, and the freight forwarder offered a cautious view of the global tradi

The price of jet fuel reached its highest point in more than a year-and-a-half this week, rising more than 12 cents from the week before to $2.389 a gallon on the daily spot market in New York, accord

Lufthansa Cargo swung to an operating profit of $45.5 million in the first quarter of 2010 from a $93.6 million loss a year ago, driven by surging cargo volumes and rising freight rates.

It may be 2011 before Congress passes a surface transportation bill, says Rep. John Mica, R-Fla., ranking Republican on the House Transportation and Infrastructure Committee.

A proposed long-term vision to guide the Department of Transportation would focus on major freight system corridors, curb carbon use by freight operations and use more multi-jurisdiction planning inst

London – TNT’s net profit nearly doubled in the first quarter on strong gains in expedited shipping demand, but the Dutch express and mail carrier said it remains cautious about what it ca

Continental and United airlines plan to merge, the carriers announced Monday, creating the world’s largest airline by revenue and the largest cargo carrier among passenger airlines in the United

Seventeen transportation and logistics companies were named to this year’s Fortune 500 list of biggest U.S. companies.

The Transportation Security Administration has moved up enforcement deadlines and said that by May 1 at least 75 percent of cargo must be screened before it goes in the bellies of passenger aircraft.

Domestic Shippers Brace for Rate Hikes

Railex Defies Recession, Expands Despite the economy, Railex is expanding and hopes to have a facility open in the Southeast within the next year.

Miami International Airport’s cargo traffic grew 24 percent in the first quarter, including a 38.1 percent jump in March, as a recovery in expedited shipping through the gateway to Latin America

Panalpina set aside $110.8 million to settle U.S. Department of Justice allegations relating to a former Nigeria subsidiary.

The Air Cargo Security Alliance, a coalition of 300 U.S.-based indirect air carriers, direct shippers and customs brokers, formally petitioned Janet Napolitano, head of the U.S.

Japan's second-largest air carrier All Nippon Airways lost a record $609.6 million in fiscal 2009, which ended on March 31, hugely multiplying its $44.7 million loss in fiscal 2008.

North American transportation companies are seeing initial, uneven signs of increasing demand but most remain cautious about declaring that a broad and sustained recovery is at hand, Standard & Po

LAN Airlines, one of Latin America’s leading passenger and cargo airlines, earned a net profit of $88.3 million for the first quarter of 2010, an increase of 35.8 percent compared to the first q

Glass and ceramics manufacturer Corning said a rebound in global auto sales caught the company with such tight inventories that during the first quarter the company had to send its emissions-control f

Panalpina reported strong growth in ocean and air cargo traffic in the first quarter compared with a year earlier, but it only just remained in the black.

The Teamsters on Wednesday launched a multimedia blitz to push Congress to change federal law that makes it tougher organize FedEx Express drivers.

Global air cargo traffic soared 28.1 percent in March from a year ago and is just one percent short of the peak in early 2008, the International Air Transport Association said.

Profit for Japanese forwarder Yusen Air & Sea Service surged 42.6 percent compared with the previous year to $16.6 million in fiscal 2009, which ended March 31.

The House on Wednesday received a bill to extend funding of the Federal Aviation Administration through July 3.

UPS launched its new intra-Asia air hub in Shenzhen, China, marking a shift in operations from the Philippines that reflects the changed balance of trade within Asia.

UPS said its net profit soared 33 percent in the first quarter on broad earnings gains across all its businesses, and the world’s largest parcel carrier issued its most optimistic statement yet

Hong Kong’s largest air freight handler set a one-day record for cargo tonnage, the company said Monday, signaling a recovery in Asia expedited shipping is maintaining momentum into the second q

For European airlines, the industry’s nascent recovery was carried away on what seemed to be a wisp of dust.

Deutsche Post DHL’s chief executive sees “clear signs” that a global economic comeback is under way, but says potential threats to a recovery still loom.

First-quarter profit for Boeing fell 15 percent to $519 million as deliveries fell 11 percent and the company took a non-cash charge related to changes in federal healthcare law.

Forward Air reported a positive first quarter for 2010, with numbers up in revenue as well as income from operations over the last 12 months.

Cargolux, Europe's biggest all-cargo airline, said it lost $153 million in 2009 as falling cargo volume and shrinking margins slashed revenue by 34 percent to $1.3 billion.

The Fortune 500 list of largest U.S. businesses ranked by revenue includes 17 transportation and logistics companies this year, from UPS to Con-way.

It may be nearly mid-May before air freight shipments return to normal after the past week’s disruptions caused by a volcano in Iceland, said Brandon Fried, executive director of the Airforwarde

Europe's airline industry lurched back to life Wednesday as carriers put planes back into the air after being grounded for nearly a week by a volcanic ash plume from Iceland.

Boeing flew its second 747-8 Freighter to Palmdale, Calif., on Monday to expand flight tests for the advanced aircraft.

Demand for air charters on key routes to and from the Middle East, North America and worldwide has exploded since the shutdown of much of Europe’s air space following last week’s volcanic