Air Cargo Forwarder News

TNT Express, Europe's second largest express delivery carrier, boosted capacity on the Europe-China route on Sept. 18 with the addition of a new 747 extended range freighter.

FedEx reported a $181 million profit Thursday for its fiscal quarter ending Aug.

The world’s airlines have grounded 227 freighters, or nearly 12 percent of the fleet of all-cargo planes, in response to the global economic downturn that has cut steeply into cargo traffic and

Striking flight crewmembers at cargo airline Amerijet International overwhelmingly approved a contract settlement that could put them back to work in a week, the Teamsters union announced Monday.

The Teamsters union, already fighting legal and legislative battles to organize FedEx workers in the United States, said Monday it is launching a “large-scale campaign” to bring FedEx work

Air France-KLM, Europe's biggest airline, reportedly plans to transfer its freighter operations to Martinair, its low cost Dutch subsidiary, in the next two years as part of a radical restructuring of

FedEx issued an upbeat new view of the economy Friday, saying its earnings could end up nearly double earlier projections in part because of gains in international express shipping.

DHL will eliminate 560 jobs in Germany as a result of the insolvency of German retailer Arcandor, the company announced.

Japan's two largest airlines saw the deep slump in their international cargo operations ease in July, their monthly reports show, amid growing hopes for a global economic recovery.

The temperature-controlled service launched Sept.

American Airlines Cargo Division launched an express temperature-controlled service on Sept. 1 following a successful trial in the early summer.

MailExpress, a growing provider of performance mail services for corporate customers, on Sept. 1 opened two distribution centers.

Asia-Pacific airlines saw their best month for freight traffic in 2009 in July as they pulled capacity back faster than falling demand and recorded their smallest year-over-decline in freight traffic

The year long decline in global air cargo slowed in July but revenue and freight rates remain under intense pressure, the International Air Transport Association said.

A truck driver working for UPS was killed Tuesday after his vehicle went off road and struck a concrete bridge pillar on an Indiana highway.

The U.S.

DHL Express, the world’s largest international express delivery company, will deploy a range of environmentally friendly boxes made from 100 percent recyclable material.

A class-action lawsuit filed against UPS last week claims the delivery giant has been withholding as much as $100 million in overtime wages from account managers throughout the United States.

Cathay Pacific Airways and subsidiary Dragonair carried 133,233 tonnes of cargo and mail in July, down 6.7 percent compared to the same month last year, but a sharp cut in capacity helped boost the ca

It’s a simple fact of life: People get sick. So when economies take ill worldwide, the one area consumers won’t skimp on is their own health.

Cargo tonnage at Amsterdam Schiphol Airport reached its highest level of the year in July, but it was still 16.2 percent off from the same month a year ago, the airport said.

A German court on Aug. 21 approved a $5.6 billion expansion plan for Frankfurt airport, Europe’s biggest air cargo hub.

The U.S. Postal Service and FedEx Express renewed their cooperating agreement to provide date-certain international delivery service to more than 190 countries and territories.

A halting expansion in cargo at London Heathrow Airport accelerated in July as freight tonnage grew 5.7 percent on a month-to-month basis, giving the European gateway its busiest month this year for c

Chances are you’re pinching pennies these days. You’ve whittled all the fat out of your transportation budget and are running lean and mean.

Freight traffic for European airlines fell 20.7 percent in June compared to last year, including an accelerating decline in European air trade with Asia, the Association of European Airlines said.

Regional Israeli carrier C.A.L.

Towne Air Freight acquired Texas Land and Air to expand the company’s air and ocean freight trucking operation.

Air Transport Services Group withstood the sharp cutback in operations for DHL by reporting an $8.1 million net profit in the second quarter after losing money in the same period a year ago.

FedEx Express, lining up its global services to meet increasingly cost-conscious shipping, announced new deferred international services Monday for its small parcel and freight delivery services.&nbsp

The U.S. Postal Service ended its third fiscal quarter June 30 with a net loss of $2.4 billion as cost cutting failed to keep pace with falling revenue.

Cargo revenue at Taiwanese carrier EVA Air plunged 51 percent in the first half of this year as falling Asian exports cut the airline’s freight traffic by nearly a third.

All Nippon Airways lost $307 million in the April-June quarter, compared with a group net profit of $69 million a year earlier.

British Airways swung to a net loss of $175 million in the fiscal first quarter from a $44.6 million profit in the same period in 2008 and warned of tough trading conditions for cargo and passengers t

On the surface, at least, domestic parcel shipping looked remarkably strong at UPS amid the U.S. economic wreckage.

A government audit says the financial viability of the U.S. Postal Service is at high risk as the USPS struggles to keep up with declines in mail volume reaching billions of pieces a year.

Air France-KLM said Thursday it will ground four freighters after losing $277 million on its cargo business in the three months ending June 30.

UPS on July 13 launched ground service for small packages from Mexico to the United States.

TNT’s net profit dived 60.5 percent to $115 million in the three months ending in June, the fourth consecutive quarter of year-on-year decline.

Air France-KLM's freight revenue plunged 41.5 percent in the fiscal first quarter as the carrier's cargo unit bears the brunt of the global economic downturn.