Air Cargo Forwarder News

TNT Express, the Dutch package delivery company being acquired by UPS, boosted second quarter operating profit by 67 percent to 77 million euros ($94.7 million) from 46 million euros ($56.6 million) a

International air freight carried by Asian airlines rose 4 percent in June compared to a month earlier, but traffic fell 0.8 percent year-over-year, according to the Association of Asia Pacific Airlin

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The United Parcel Service downgraded its outlook for the second half of the year after non-U.S. volume declined 3.2 percent year-over-year in the second quarter.

Cargo volume was steady at Singapore’s Changi Airport in June, but the arrival of a new carrier could boost cargoes in the coming months.

Starting in August, DHL Express will fuel 100 pickup and delivery vans in the U.S. with liquid propane autogas.

DHL has launched a new direct twice-weekly express flight from the U.S. to Australia.

The ailing U.S. Postal Service could save roughly $100 million annually by shifting more mail shipments from the highways to the rails, according to a report by its inspector general.

DHL Express opened its largest hub in Asia today (July 12), the latest step in the logistics major’s massive roll-out of new capacity across Asia’s key freight markets.

DHL will look to smaller “bolt-on” acquisitions rather than major takeovers to speed growth in the years ahead, according to Frank Appel, CEO of Deutsche Post DHL.

Global semiconductor sales in May rose 1.4 percent from the prior month, giving the struggling air cargo industry, which typically ships the foundation technology, a slight boost in the arm.

Total U.S. freight tonnage will grow 21 percent by 2023, as freight revenue rises 59 percent, the American Trucking Associations predicts in a new freight forecast.

The Global Air Cargo Advisory Group has warned regulators that national, ad hoc and impractical approaches to advance electronic information systems will undermine air cargo security and increase cost

Trucking operator Saia didn’t have to look far for a logistics company to buy — Robart Transportation

UPS Freight will raise its less-than-truckload tariff pricing 5.9 percent on average July 16, joining other LTL carriers with general rate increases this summer.

FedEx plans to buy 19 Boeing 767-300 aircraft, as the parcel giant speeds up its fleet upgrades to offset volatile fuel costs.

International air cargo traffic dipped 2.2 percent in May from a year ago and contracted 0.4 percent from April in line with deteriorating global economic conditions, the International Air Transport A

FedEx and UPS could begin domestic delivery in China if the government grants the parcel giants the go-ahead to enter the multibillion and burgeoning market.

Airbus is weighing plans to build its first U.S. assembly plant in Alabama as the European aircraft manufacturer ratchets up its challenge to Boeing in its domestic market.

Hong Kong International Airport saw profits and revenue both reach record highs in the year ended March 31 despite bearish cargo throughput.

United Parcel Service launches its 5.16 billion euro ($6.6 billion) cash bid for Dutch rival TNT Express Friday in a major expansion of its presence in Europe's package delivery market.

FedEx CEO Fred Smith said more shippers are transporting goods via ocean shipping at the expense air carriers, a modal shift reflected in the parcel giant’s recent earnings report.

Shareholders of Worldwide Flight Services and Aviapartner agreed to combine the two companies.

Singapore’s Changi Airport saw cargo volumes contract by 2.8 percent year-over-year last month.

FedEx plans to retire older planes and take delivery of fewer new aircraft as the parcel

London Heathrow airport handled 3.8 percent less cargo in May than a year ago and is bracing for further declines amid a deepening eurozone crisis.

Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity, according to a report.

Freight volumes handled at Hong Kong International Airport in May saw year-over-year growth for the first time since March 2011.

Frankfurt airport’s freight traffic slumped 10.3 percent in May from a year ago as Europe’s second largest cargo hub continued to suffer from

The closing down of Streamlite, a parcel consolidator, on Thursday could provide more business to UPS and particularly FedEx, according to a Stifel Nicolaus analyst.

The investigative arm of Congress wants the Department of Homeland of Security to determine the costs and benefits of requiring all-cargo air carriers to report screening data for U.S.-bound freight,

The ailing global air cargo industry got a little help from the semiconductor s

China has warned it might impound European aircraft if the European Union penalizes its carriers for not complying with its carbon emissions program.

The International Air Transport Association maintained its $3 billion global airline profit forecast for 2012 as oil prices fall, passenger traffic grows faster than expected and the cargo market bott

While UPS made a splash with its move to buy TNT Express earlier this year, FedEx appears to be forging a more cautious approach in countering the European and Brazilian expansion of its main rival.

Deutsche Post DHL has been ordered to pay 516 million euros ($645 million

FedEx plans to retire 24 aircraft and shortened the depreciable life of 54 older aircraft, as the parcel giant works to align its U.S. domestic air cargo capacity with slowing demand.

The Thai economy’s key role as a component supplier for electronic and auto sectors has not been diminished following last year’s flooding.

The European Union and the U.S. have agreed to recognize each other’s air cargo security regimes under a hard fought agreement that took effect on June 1.

Shippers are expected to save time and money through the elimination of rescreening cargo on passenger aircraft traveling between the U.S. and Canada.