Air Cargo

Boeing net income fell 50 percent in the first quarter as the impact of lower production and pricing hit hard.

An appeals court found that FedEx Ground drivers at two Massachusetts terminals were independent contractors instead of employees and therefore outside the jurisdiction of the National Labor Relations

Delta Air Lines will ground its entire fleet of 14 747 freighters as it addresses big losses and a steep decline in cargo business, the airline said Tuesday.

Germany's Deutsche Post DHL, Europe's biggest mail and transport company, tentatively suggested the downturn in the global logistics market may have bottomed out.

Forward Air lost $3.1 million in the first quarter as the company saw accelerating declines in its core air freight trucking volume and took an impairment charge to meet the deteriorating market.

American Airlines Cargo Division announced expanded its Priority Parcel Service Heavyweight product for shipments between the United States and Europe.

Freight handler Mercury Air Cargo says a new refrigerated transit facility at Los Angeles International Airport is taking in full freighter loads of flowers from South America, boosting efforts to cre

DHL will move its reduced U.S.

Fleet service workers at Aloha Air Cargo voted to join the International Brotherhood of Teamsters, the union announced.

Jet fuel consumption and the prices airlines are paying for it fell significantly in the first two months this year.

FedEx Express, its business hit hard by the weak economy, will drop 14 aircraft from its freighter fleet by the end of next month, the company said.

Frankfurt airport's freight traffic in March fell 21.2 percent from a year ago, down from a 25.4 percent decline in February in the first indication that cargo volume is stabilizing at Europe's top fr

Standard & Poor's Ratings Services on April 9 affirmed its 'BBB' long-term corporate credit ratings on Denmark-based airport Copenhagen Airports A/S and acquisition vehicle Macquarie Airports Cope

Japan's two largest airlines saw their international cargo volume continue to nosedive in February amid the deep global economic slump.

The U.S.

Three international airlines pleaded guilty to cargo price fixing charges and agreed to pay a total of $214 million in fines, the U.S.

Lufthansa Cargo's freight traffic slumped 19.9 percent in March from a year ago, led by even steeper declines on routes to North and South America.

International express carrier TNT said steep declines in volume for its premium transport business stabilized during the first quarter and improved somewhat at the end of March.

Cargoitalia will launch its challenge to foreign airlines that have cornered Italy's air cargo market in the past three months with a new freighter service between Milan and New York in early May.

Freight traffic for Europe’s airlines plunged a record 21.1 percent in the first two months of 2009 as the business “has all but collapsed,” the Association of European Airlines said

Etihad Crystal Cargo, a division of Etihad Airways, earned Cargo 2000 certification. It is the first carrier in the Middle East region to do so.

London -- Germany's Deutsche Post emerged as a potential bidder for a stake in Royal Mail, boosting the UK government's attempt to partially privatize the state-owned postal company.

London - Air France-KLM, Europe's biggest scheduled cargo carrier, reported freight traffic tumbled 19.2 percent in March from a year ago, nearly double the decline at close rival British Airways.

FedEx cut 1,000 jobs worldwide in an attempt to save more than $1 billion in costs as the global economy reduces freight volume in nearly every region.

Cargo traffic for U.S. airlines fell 21.2 percent in February, taking the business to its lowest levels in eight years, according to figures released by the Air Transport Association.

A key measure of industrial shipping in the United States showed shipments declined 22 percent in March from the same month a year ago, suggesting retailers and manufacturers were retrenching still mo

European Union transport ministers backed an "open skies" aviation pact with Canada that will deregulate cargo and passenger services across the Atlantic.

New orders for manufactured durable goods increased in February for the first time in six months, according to a report from the U.S. Census Bureau on April 2.

The freight decline at Los Angeles International Airport leveled off in February but the 23.1 percent drop in tonnage still marked the seventh straight month of double-digit declines at the United Sta

The Superior Court of Washington for King County ruled FedEx Ground pick up and delivery drivers are independent contractors and not legally full-time employees.

Scores of airport runway projects estimated at nearly $1 billion have received initial clearance by the Federal Aviation Administration so local officials can put their construction plans out to bid.<

Alitalia is set to revive cargo services, challenging foreign carriers that invaded its domestic market after the Italian airline's new owners abandoned its freighter operation.

Air Transport Services Group, still coping with the loss of major business from DHL, lost a major contract with All Nippon Airways this month and will drop four aircraft from the network it operates i

Transportation labor applauded President Obama&rsquo;s choice of Randy Babbitt, former chief of the Air Line Pilots Association, to be the next Administrator of the Federal Aviation Administration.

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Following a steep slump in cargo traffic, Air France-KLM said it will post an operating loss of around $272 million in the fiscal year to end in March just over a month after it said it expected to en

February international freight volume on the world&rsquo;s airlines was 22.1 percent below year-ago levels, the International Air Transport Association reported March 26.

The Transportation Security Administration&rsquo;s known shipper program does not provide the security intended, according to a report by the Department of Homeland Security Inspector General.

London -- British Airways and Spain's Iberia are edging close to agreement on a merger that would create an airline with a one million tonne-a-year cargo business.

The global recession led to a 23.1 percent slump in international air cargo traffic for members of the Association of Asia Pacific Airlines in February, the group reported March 25.