Air Cargo

Cargo volume declined 5 percent in the first half of 2009 for Volga-Dnepr, Russia's biggest air cargo carrier.

AirBridgeCargo Airlines launched charter 747 freighter service to Kabul, Afghanistan with the first flight on July 14.

Cargoitalia, its finances rebuilt with new backing, will put off the relaunch of its freighter services until the fall because of the weak economy.

UPS said Friday it did not pay for support from a conservative group that was reported to have solicited donations from FedEx in the package carriers’ legislative battle over labor law.

British Airways on July 17 announced it will raise more than $1 billion in cash to survive “the biggest crisis the aviation industry has ever known.”

A major conservative interest group asked FedEx for a $2 million to $3 million donation in exchange for the group’s backing in a legislative battle with UPS, according to a published report Friday.

American Airlines’ cargo revenue plunged 42.6 percent in the second quarter to $134 million as falling shipping demand sent air freight prices into a steep slide.

London Heathrow Airport had its busiest month for cargo in eight months in June, despite a 14.5 percent year-over-year decline in freight tonnage at the key European gateway.

The new chairman of Iberia, Spain’s national airline, vows to complete stalled merger talks with British Airways that would create a million-tons-a-year cargo carrier.

Frankfurt airport, Europe’s top air cargo hub, reports the decline in cargo traffic slowed in June.

Japan’s two largest airlines saw their international cargo volume continue to fall in May on a year-on-year basis, but the slump in the two airlines’ international cargo operations is easing as they b

The head of Air France-KLM said Thursday that Europe’s biggest airline is mulling part-time jobs or temporary layoffs to combat the “brutal” situation in cargo and passenger air demand.

Lufthansa Cargo’s freight traffic fell 14.1 percent in June from a year ago, led by an even bigger slump on routes to North and South America as the global recession continued to impact Europe’s secon

Lufthansa Cargo, Europe’s second largest cargo airline, said it will launch a weekly freighter service to Guadalajara, Mexico, on July 22.

DHL launched weekly direct less-than-container-load services connecting Bangkok to Los Angeles, Hamburg and Tokyo, the carrier said Wednesday.

Qantas Airways on Tuesday became the fourth carrier to be convicted in a four-year price-fixing conspiracy involving air cargo exported from Canada.

Air France-KLM, Europe’s biggest cargo airline, said freight traffic was stable in June for the second month after falling sharply since the final quarter of 2008.

Belgian freight carrier Cargo B Airlines ceased operations this week, saying the global economic downturn sent air freight pricing plummeting and ruined the airline’s financial stability.

The Cass Freight Index of domestic U.S.

London - The UK government scrapped controversial plans to partially privatize Royal Mail, the state-owned postal company, citing "market conditions."

Florida-based Amerijet International announced its second acquisition in as many weeks with its purchase of a majority interest in Nations Express, a trucking company based in North Carolina.

AirBridgeCargo Airlines, Volga-Dnepr Group’s scheduled cargo airline, expanded its freight services from Europe to Russia with a new route between Milan, Italy and Moscow.

Cargo traffic at Miami International Airport fell 19.4 percent in May as the slide in freight business at the key Latin America gateway got deeper, the airport reported.

The Transportation Security Administration deployed two canine teams to enhance explosives detection at Orlando International Airport air cargo facilities.

Freight traffic for Asian airlines fell 18.6 percent in May from the same month last year, but the business showed signs of life with a slight improvement from the month before.

UPS debuted a new joint venture headquartered in Dubai to coordinate management and growth of UPS’ express package, freight forwarding and contract logistics services throughout the Middle East, Turke

A congressional study of air cargo accidents is targeting small-carrier operations that account for nearly all deaths, and saying changes may be needed in the safety programs and equipment they use.

President Obama plans to nominate aviation safety expert Christopher A. Hart to be a member of the National Transportation Safety Board.

International air freight traffic declined 17.4 percent in May, compared with a year ago, after a 21.7 percent year-on-year decline in April, the International Air Transport Association said Thursday.

The Toll Group, the Melbourne, Australia-based provider of integrated logistics services, will expand its Asia-based express courier business with the acquisition of three Asia-based international exp

Japan's Nippon Cargo Airlines will freeze its aggressive fleet expansion plan over the next three years to weather "unprecedented" economic turbulence.

Polar Air Cargo Worldwide named former DHL Express executive Thomas Murphy to the position of chief operating officer.

London -- Lufthansa, Europe's second largest airline, on June 22 said it will acquire control of BMI British Midland next month after agreeing to an out-of-court settlement with the majority sharehold

Amerijet International, a Fla.-based freight airline, acquired SRX Transcontinental and Avialeasing Aviation, which operate and maintain Russian Antonov aircraft in both Uzbekistan and Miami, Fla.

Lufthansa Cargo and DHL Express gave downbeat assessments of prospects for the global air cargo market June 19 as they officially launched their joint cargo airline, AeroLogic.

Shipments of personal computers, hit by a steep decline in shipping by onetime industry leader Dell, fell 8.1 percent worldwide in the first quarter, according to a report released Friday.

Cargo traffic at Brussels Airport plunged 41.3 percent in May as one of Europe’s largest hubs faced a rapid rush of freighter business from the airport.

FedEx reported an $876 million net loss in its fiscal fourth quarter ending May 31 on Wednesday but company chief Frederick Smith said he believes the economy likely appears to have reached the bottom

Singapore Airlines’ freight traffic fell 20.7 percent in May and the carrier pulled back capacity at a record pace in the face of declining cargo demand.

Only global trade will pull the economy out of recession, but the framework for global trade will have to change, says the chairman and CEO of transportation giant UPS.