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Air Cargo
Get the latest air cargo news and analysis with JOC. From carriers to trends, get insights into air freight news, air cargo shipping, and more.
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Air Cargo Carriers News
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The latest
Air Cargo
News & Analysis
All Nippon Airways Lost $278 million
Hisane Masaki |
Japan's second-largest air carrier All Nippon Airways lost $278 million in the first half of fiscal 2009, ending Sept. 30, compared with a group net profit of $242 million a year earlier.
Air Cargo
South Korea Warns Japan's Airlines on Anti-Trust
Hisane Masaki |
Three Japanese airlines announced separately that they have been warned by South Korea over their possible violation of that nation's anti-trust law in their international cargo operations.
Air Cargo
Air Cargo Shows Smallest Decline of 2009
Bruce Barnard |
International air cargo traffic fell 5.4 percent in September from a year ago but rose 12 percent from its December 2008 low point, the International Air Transport Association reported.
Air Cargo
Lufthansa Cargo Losses Reach $300 Million
Bruce Barnard |
Losses in the cargo sector at Lufthansa soared to $300 million in the first three quarters of 2009 from a $240 million year-earlier profit.
Air Cargo
LAX Reports First Freight Gain Since 2007
JOC Staff |
Los Angeles International Airport saw its first year-over-over gain in freight traffic in nearly two years in September, in a new signal of a growing recovery in beaten-down air cargo shipping.
Air Cargo
BAA Loss Widens
Bruce Barnard |
BAA, the world's biggest airports operator, reported losses widened in the first three quarters of 2009 from a year ago on lower passenger and cargo traffic at its three London hubs.
Air Cargo
Yusen Profit Drops Sharply
Hisane Masaki |
Group net profit for Japanese international freight forwarder Yusen Air & Sea Service plunged 89.5 percent to $2.75 million in the first half of fiscal 2009, which started in April.
Air Cargo
Panalpina, Atlas Air Renew Freighter Pact
Thomas L. Gallagher |
The global forwarding and logistics group Panalpina and its long-time airline partner Atlas Air renewed their cooperation agreement.
Air Cargo
Air Cargo Carriers News
Atlas Air Profit Soars to $14.7 Million
Thomas L. Gallagher |
After major shifts in operations and structure, Atlas Air Worldwide Holdings increased net profit by 181 percent in the third quarter to $14.7 million.
Air Cargo
Air Cargo Carriers News
Asia Air Cargo Reaches 2009 High
JOC Staff |
Asia’s air carriers saw their strongest signs yet of recovery in the air cargo business, reporting their busiest month in nearly a year in September, according to figures released by the Associa
Air Cargo
Panalpina Profit Declines 19 Percent
Thomas L. Gallagher |
Panalpina’s third quarter results fell significantly below the company’s own expectations.
Air Cargo
Air India to Launch Daily NY/DC Flights
Air Cargo World |
Air India will begin a daily combined New York/Washington, D.C., service linking Delhi and Kolkata on Dec. 1 with a 777LR.
Air Cargo
DOT Just Says No to Medical Marijuana Use
John D. Boyd |
People who operate airplanes, locomotives, trucks and buses would still be in violation of Department of Transportation rules against drug use if they use marijuana, despite a reported shift by federa
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
FedEx Shifts Shanghai Delivery Schedule
Thomas L. Gallagher |
FedEx Express shifted deliveries to an earlier schedule for inbound international express service in the Pearl River Delta region of China, including the city of Shanghai.
Air Cargo
Air Cargo Forwarder News
AirBridge Cargo Launches Amsterdam-Tokyo Service
Thomas L. Gallagher |
Amid signs of growing balance between capacity and demand, AirBridge Cargo Airlines, part of Volga-Dnepr Group, is launching 747 freighter service from Amsterdam to Tokyo.
Air Cargo
Air Cargo Carriers News
Freighter Crashes in United Arab Emirates
Thomas L. Gallagher |
A 707 freighter crashed Wednesday shortly after takeoff from Sharjah Airport in the United Arab Emirates. All six crew members are dead.
Air Cargo
Air Cargo Carriers News
UPS Profit Drops 43 Percent
John D. Boyd |
Parcel industry leader UPS saw its profit fall to $549 million in the third quarter, 43.4 percent below a year earlier, on a 14.9 percent decline in revenue to $11.15 billion.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
United Reduces Losses
Thomas L. Gallagher |
UAL Corporation, the holding company whose primary subsidiary is United Airlines, reduced net losses 92.8 percent to $57 million, compared with a loss of $792 million in third quarter 2008.
Air Cargo
Forward Air Profit Sinks 69 Percent
Thomas L. Gallagher |
Airport-to-airport trucker Forward Air earned a profit of $3.8 million, down 69 percent from a year earlier, on revenue which fell 15 percent to $103.1 million in the third quarter as the recession re
Air Cargo
BAA Sells London Gatwick for $2.5 Billion
Bruce Barnard |
London -- BAA, the world’s biggest airports company, reached agreement to sell London Gatwick, the UK’s second largest airport, to Global Infrastructure Partners for $2.5 billion.
Air Cargo
Boeing Loses $1.6 Billion on Development Charges
Thomas L. Gallagher |
Aircraft manufacturer Boeing swung to a third quarter loss of $1.6 billion compared with a profit a year ago of $695 million, the company reported Wednesday.
Air Cargo
Vietnam to Launch First Cargo Airline
Air Cargo World |
Aviation authorities in Vietnam granted Trai Thien Air Cargo a license to provide air cargo services in the country, according to Vietnamese press reports this week.
Air Cargo
Air Cargo Carriers News
FedEx Expands French Hub
Thomas L. Gallagher |
Marking its 10th anniversary, the FedEx Express hub at Roissy-Charles de Gaulle airport in Paris opened its expanded facilities last week.
Air Cargo
Air Cargo Forwarder News
Forwarder Airgroup Adds San Antonio
JOC Staff |
Airgroup, a subsidiary of air forwarder Radiant Logistics, opened an office in San Antonio, Texas.
Air Cargo
FedEx Expands in France, Mexico
Thomas L. Gallagher |
FedEx Express completed expansions of a hub in France and a bonded warehouse in Mexico this week, strengthening the infrastructure in its global network.
Air Cargo
Air Cargo Forwarder News
Cargo Crime Fight Grows
Thomas L. Gallagher |
Membership is growing in a worldwide organization dedicated to stopping cargo crime.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Freight Transportation Climbed in August
Thomas L. Gallagher |
Freight transportation was on the upswing through the summer, as indicated by the U.S. Department of Transportation’s closely watched Transportation Services Index.
Transport, Trade and Regulation News
Maritime
Air Cargo
Trucking News
Rail News
Europe Airlines’ Cargo Falls 15.1 Percent
JOC Staff |
Cargo traffic for European airlines fell at the slowest rate of the year in August, but the 15.1 percent decline from last year reported by the Association of European Airlines came with the signs tha
Air Cargo
Air Cargo Decline Eases in Germany, UK
Bruce Barnard |
Frankfurt airport handled 5.4 percent less cargo in September than a year ago, the third consecutive single digit monthly decline at Europe’s top freight hub.
Air Cargo
NY/NJ Names Director of Aviation
Thomas L. Gallagher |
The Port Authority of New York and New Jersey appointed Susan M. Baer director of aviation. She replaces William R. DeCota, who died unexpectedly early in October.
Air Cargo
Lufthansa Cargo Traffic Drops 8.5 Percent in September
Bruce Barnard |
Lufthansa Cargo carried 8.5 percent less freight in September than a year ago, half the decline of its closest European rival Air France-KLM.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
FedEx Economist Predicts Strong Recovery
JOC Staff |
The recovery may be sharper and quicker than expected, but FedEx’s chief economist believes consumer wariness could blunt it within a few quarters.
Transport, Trade and Regulation News
Air Cargo
Air Cargo Forwarder News
Postmaster Potter Foresees 'Flat' Holiday Season
JOC Staff |
The U.S.
Air Cargo
Air Cargo Forwarder News
Asia Pacific Airlines Back Emissions Plan
Thomas L. Gallagher |
The Association of Asia Pacific Airlines expressed its full support for industry targets on lower emissions and added an appeal for a global approach to the problem.
Air Cargo
Avianca, TACA to Merge
Thomas L. Gallagher |
Two of the world’s oldest airlines are merging to form the largest airline group in Latin America.
Air Cargo
DOT Warns of Lithium Battery Hazards
R.G. Edmonson |
The Department of Transportation is renewing efforts to ensure the safe transport of lithium batteries.
Transport, Trade and Regulation News
Air Cargo Forwarder News
Air Cargo Carriers News
Air France-KLM Cutting Freighter Capacity 40 Percent
Bruce Barnard |
Air France-KLM,Europe's largest air freight airline, will cut cargo capacity 40 percent this winter compared to last year after watching a slump in demand this year extend into September.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Boeing Charges Off $1 Billion in 747-8 Development
Thomas L. Gallagher |
Boeing announced Tuesday a $1 billion pretax charge for higher costs and delays in its B747-8 widebody aircraft development program.
Air Cargo
Airlines' Rate of Ascent
Bruce Barnard |
In the global air cargo market, an 11 percent year-over-year decline in business in one month counts as something of a recovery in 2009, and airlines are trying to seize the opportunity.
Air Cargo
Toronto Pearson Cuts Fees
JOC Staff |
The Toronto airport is cutting its fees for airlines for the third straight year, part of a cost-reduction plan the Canadian gateway says has added up to more than $100 million since 2007.
Air Cargo
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