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Atlas Air Worldwide Holdings announced adjusted net income of US$15.9 million (11.8 million euros) for Q2, compared with US$20.4 million (15.2 million euros) for Q2 of 2013. “... Read more
Virtually all of the phrases that incorporate the word “cherries” denote something happy and positive. That’s certainly the case this summer for cargo carriers serving the Pacific... Read more
Japan Airlines reported healthy international cargo in Q1 of 2014, which runs from April 1 to June 30. The volume of international cargo, in terms of revenue cargo tonne... Read more
UPS’ supply chain and freight revenue increased 6.5 percent during Q2 of 2014 to US$2.3 billion (1.7 billion euros). UPS Forwarding produced double-digit operating profit... Read more

Latest News

Atlas Air Worldwide Holdings announced adjusted net income of US$15.9 million (11.8 million euros) for Q2, compared with US$20.4 million (15.2 million euros) for Q2 of 2013. “We are off to a good start in 2014. Airfreight demand is improving, and we are encouraged about our full-year outlook,” William J. Flynn, president and CEO, said. “Atlas is an entrepreneurial company. Our second-quarter results illustrate the positive contributions being generated by the investments we've made and the... Read more
Hactl is the first handling facility at Hong Kong International Airport to... Read more
WorldACD reported a robust first half of 2014 for air cargo. June maintained... Read more
Virtually all of the phrases that incorporate the word “cherries” denote... Read more
Japan Airlines reported healthy international cargo in Q1 of 2014, which runs... Read more
The International Civil Aviation Organization (ICAO), the International Air... Read more

AIRFREIGHT DATA

Drewry’s East-West airfreight rates stabilized in June, following the seasonal correction of May as Drewry's East-West Air Freight Price Index recovered 2.3 points in the month to 101.6 points. The uptick in in pricing only partly offset the decline experienced in May, but still left the index considerably higher than it was 12 months previously by a margin of 7.3 points. Drewry still expects some weakening in overall pricing over the coming months, as more seasonal belly-hold capacity from rising passenger demand comes into the market. Source: Drewry Sea & Air Shipper Insight

Editors Choice

Will the road less traveled, as mentioned in the Robert Frost poem, make all the difference for Delta Air Lines’ cargo operation... Read more

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VIEWPOINTS

Posted under Editorial by John W. McCurry
With the world’s thirst for oil and gas running largely unabated, the exploration of these commodities continues to provide benefits for cargo carriers equipped to handle the often large and odd-sized equipment needed in far-...
Posted under Forwarders Forum by Brandon Fried
A friend met me for lunch after spending the morning visiting lawmakers on Capitol Hill to see if he could change a few minds about a proposed piece of legislation that would negatively affect his business. He appeared tired and
Posted under legalledger by Ruwantissa Abeyratne
The 2013 case of Durunna v. Air Canada brings up several issues that affect both the consignor and consignee. Durunna was a case where a consignment of 10 laptop computers carried by air from Canada to Nigeria disappeared during...

REGIONAL REPORTS

Americas

Near the magazine-covered coffee table and plush armchairs, the waiting room of the Hartsfield-Jackson Atlanta International Airport executive office has something else: a glass...

Asia

In a long-anticipated move, Vietnam Airlines has submitted its plan for an IPO to the national ministry of transport. The listing is meant to generate funds for the overdue...

Europe

The geopolitical capital of Europe it may be, but Brussels also wants to take on a more central role as a European cargo gateway. It’s a tough call, ring-fenced as it is by the...

Middle East

Qatar Airways made the biggest news, cargo-wise, at the recent Farnborough Air Show, with the announcement of its intent to order four Boeing 777 freighters with options for four...