Air Cargo Forwarder News

The Baltic Air Charter Association has elected Tony Coe, owner of Aviation Complete, as its new chairman.

Nippon Express and Panasonic have signed a memorandum of understanding in which Panasonic agreed to transfer a part of its shares in its subsidiary Panasonic Logistics to Nippon Express.

TNT Express has sold its domestic Chinese trucking business, TNT Hoau, kicking off the Dutch delivery company’s stand-alone strategy after a failed $6.8 billion takeover by UPS.

The International Air Transport Association has called for government and industry to collaborate on a series of projects to enhance safety, security and efficiency in India.

Nippon Express Co., Japan’s largest international freight forwarder, and NEC Corp., one of the nation’s biggest electronics makers, said on Wednesday that they have agreed to form a strategic business alliance to strengthen their global logistics operations.

TNT Express said it plans to cut 4,000 jobs, slash costs, slim its aircraft fleet and sell its Chinese and Brazilian operations as it focuses on its core European market following the recent collapse of a planned $6.8 billion takeover by United Parcel Service.

The European Parliament’s Transport and Tourism Committee has approved new rules to make groundhandling services at large European Union airports more competitive.

DHL Express has increased its cargo capacity by 30 percent with the addition of its new A300 freighter service in Penang, Malaysia.

Luxembourg-based overland transportation company Wallenborn Transport has joined forces with VIP Truck, a provider of air-cargo road feeder services in Germany.

Towne Air Freight will relocate its regional hub in Atlanta to a larger facility in early April.

John Menzies, the U.K. aviation services and distribution company, posted a 4 percent increase in profit in 2012 as a strong performance by its cargo handling unit outweighed restructuring costs.

Forward Air has acquired Total Quality, a Michigan-based provider of security and temperature-controlled services to the pharmaceutical and life science industries.

Hong Kong Air Cargo Terminals has handled the largest horse shipment on a single flight in its history.

Air Transport Services Group reported a decline in fourth quarter profit, but growth in full year net income.

Improving U.S. and European consumer confidence was credited with rising demand for freight movements at Dubai International Airport last month.

The shift of manufacturing production to China’s interior provinces in search of lower labor, land and power costs is now being reflected in air cargo movements as well as ocean volumes.

The supervisory board of TNT Express has appointed Tex Gunning, 62, as CEO, pending shareholder approval, effective June 1.

UPS has tripled the coverage area of its UPS Worldwide Expedited air service for international shipments.

Amsterdam Airport Schiphol added 800 metric tons of additional inbound freighter capacity, an increase of 30 percent, to its usual 26 weekly freight flights...

TNT Express’s disappointing fourth quarter results revealed little about the future strategic direction the company will take in the aftermath of UPS’s abandonment of its$6.9 billion bid for the Netherlands-based integrator in January.

Forward Air Corporation, which provides transportation and logistics services to the North American air freight and less-than-truckload market, reported profit in the fourth quarter of 2012...

Nippon Express (Europe), a subsidiary of Tokyo-based logistics business Nippon Express, has signed a share purchase agreement to acquire all shares of Franco Vago, a Florence, Italy-based apparel-related logistics company.

Dubai Airports, which owns and manages both Dubai International Airport and Dubai World Central International Airport, today reported Dubai World Central handled 219,092 metric tons of air freight in 2012.

Singapore Changi Airport reported cargo volume in December declined 3.2 percent to 1.81 million metric tons.

DHL Express has renewed its lease agreement at Amsterdam Airport Schiphol for another 10 years.

Dubai International Airport reported cargo volume in December 2012 was 201,949 metric tons, increasing 6.5 percent from 189,593 metric tons.

Manchester Airports Group significantly boosted its share of the U.K. cargo market with an agreement to buy London Stansted Airport.

Asia Airfreight Terminal, an air cargo terminal based at the Hong Kong International Airport, reported its tonnage throughput in December 2012 was 68,252 metric tons, increasing 11 percent compared with the same period last year.

Hong Kong Air Cargo Terminals, which handles cargo at Hong Kong International Airport, reported traffic in the fourth quarter of 2012 was 754,226 metric tons, rising 6.2 percent from the fourth quarter of 2011.

UPS’s withdrawal of its $6.9 billion offer to buy TNT Express raises what steps the Dutch shipping company will take next to sell its Asian and Latin American ground networks, health care supply-chain operations, and European road and parcel assets.

UPS today announced a new express air freight service, UPS Worldwide Express Freight, for time-sensitive international heavyweight shipments.