Air Cargo

Established logistics companies and brokers could partner with digital start-ups to speed the "evolution" of technology demanded by shippers, the CEO of Echo Global Logistics says.

Japanese container trade volume will slip slightly in fiscal 2016 for the third straight year.

"The business environment is extremely difficult and there are few signs of any immediate relief.”

Lufthansa Cargo and Japan’s All Nippon Airways will extend their joint venture next month.

U.K. freight forwarders are worried that the decision to leave the European Union could threaten a much-needed expansion of Heathrow Airport.

Cargolux China aims to establish a global network.

Lufthansa Cargo, Europe’s largest all-cargo airline, said it will lay off hundreds of its 4,600-strong worldwide workforce.

A leading Chinese construction and trading company has acquired a controlling stake in Frankfurt-Hahn Airport.

Global air cargo traffic grew in April, but yields remain under pressure.

Ireland-based ASL Aviation has sealed the acquisition of TNT Express’s two cargo airlines.

AirBridgeCargo Airlines has launched a weekly freighter service.

Rising passenger numbers lift Asia-Pacific airlines, but the sorry state of air cargo is proving to be a drag on revenue and profits.

The litigation lasted a decade and involved tens of thousands of lawyer hours, but the class-action suit against the world’s top airlines has finally drawn to a close.

A strike vote by union pilots at Atlas, ATSG and Kalitta Air is meant to pressure the airlines and DHL, but doesn't mean a strike is imminent.

Lufthansa Cargo and Cathay Pacific have signed a partnership to operate a joint network.

AirBridgeCargo traffic surged to a record high in the first quarter.

Shipments of smaller aircraft declined in the first quarter worldwide, as business demand dropped.

U.S. air cargo price-fixing lawsuit yields another settlement from a major carrier, leaving just one airline standing in the decade-long class action.

Although Amazon is not in the transportation business, FedEx, UPS and DHL can’t ignore Amazon’s competitive challenge, Satish Jindel, president of SJ Consulting Group, said.

The downside to an industry sector having a great quarter is that it places immense pressure on it to repeat the feat the following year or the comparisons will be dismal. This is where the air cargo industry finds itself after the first quarter of 2016.

ANA Holdings Inc. and Japan Airlines Corp. both increased their group net profits despite cargo weakness.

CMA CGM has introduced a new container to corner the live lobster market.

Japan’s air cargo trade with foreign countries will shrink for the second straight year in fiscal year 2016, which started on April 1, Nittsu Research Institute and Consulting Inc. predicted, citing sluggish exports and imports.

Shanghai’s largest air cargo terminal has continued its solid volume growth of 2015 into the first quarter, handling record year-over-year throughput from January to March.

Diversification, an acquisition and a change in its dimensional weight factor in its expedited less-than-truckload business helped drive first-quarter revenue and profit higher at Forward Air.

There is mounting speculation that Amazon is interested in acquiring a stake in Frankfurt-Hahn Airport to establish a major European distribution hub.

Europe’s leading air cargo carriers are continuing to post lower traffic figures month after month while their smaller rivals are still boosting their market shares.

Global air cargo traffic shrank 5.6 percent in February, but the steepest monthly decline in three years was heavily skewed by the impact of disruption at U.S. West Coast ports in early 2015 that triggered a one-off spike in demand for air freight, the International Air Transportation Association said.

Since the beginning of this year volumes across Russia’s shipping industry have begun to show signs of recovery after a dismal 2015 in which Western sanctions and the low price of oil devastated the country’s transportation firms.

In the past few months, Amazon has moved openly and aggressively to increase its reach, capabilities and capacity in the logistics and distribution arena. The Seattle-based company purchased thousands of trailers blazoned with Amazon logos in the U.S., registered as a non-vessel-operating common carrier to better manage the flow of goods from China to the U.S. and leased 20 U.S. domestic cargo planes from Air Transport Services Group.

Cargolux’s net profit surged in 2015, helped by cheaper fuel, but revenue shrank as low yields offset higher volumes.

Brussels airport is in lockdown for a second day following the deadly bomb attacks on Tuesday and will remain closed to all passenger flights tomorrow.

The movement of people and goods in and around Brussels ground to a halt Tuesday after a series of terror attacks rocked the Belgian capital. Brussels Airport has been shut down, all flights in and out cancelled, and public transportation throughout the city has been put on lockdown, sparking wide reports of gridlock.

As e-commerce demands push delivery limits, UPS is expanding its US and global early delivery guarantees for package shippers and customers.

Lufthansa Cargo remained in the black for yet another year in 2015, overcoming the damaging impact of a pilots’ strike and growing oversupply in the global air freight market, while its main European rivals sank deeper into the red.

The year-over-year distortions of the U.S. West Coast port dispute early in 2015 that pushed shippers to the skies were keenly felt in February cargo volumes at Hong Kong International Airport that recorded a drop of 15 percent compared to the same month last year.

In a long-awaited deal, Amazon announced Wednesday it has acquired a stake in the Ohio company that has been helping the e-commerce giant run its secret air cargo operation in the state since last year and has signed a five- to seven-year lease for 20 cargo planes.

Cathay Pacific’s 90 percent increase in 2015 net profit had no help from its cargo division, which after a solid first quarter saw demand for air freight largely fade away for the rest of the year.

The global air cargo market got off to a strong start in 2016, with volume up 2.7 percent year-on-year, the fastest growth rate since last April, the International Air Transport Association said.

International Airlines Group carried less cargo in 2015 than a year earlier but its freight revenue grew as it focused on strategic partnerships and premium products to offset lower rates and yields in bearish global market.