Filed in Air Cargo
Tuesday, March 29, 2011
FedEx Express launched a new dedicated 777F route connecting FedEx World Hub in Memphis, Tennessee to South Korea with four nonstop flights a week. And UPS launched four direct flights from Hong Kong to Europe this week, which, it said, enables the company to offer the widest next-day delivery package for packages and heavy freight to Europe from Hong Kong.
The International Air Transport Association today announced scheduled international traffic for February 2011 showing increases of 2.3 percent for cargo demand compared to February 2010.
Thursday, March 17, 2011
Net income for the quarter—at $231 million—was down 3 percent from last year’s $239 million, but quarterly revenue at $9.66 billion was up 11 percent from last year’s $8.70 billion. Operating income—at $393 million—was down 6 percent year-over-year.
Wednesday, March 16, 2011
With the closing of three Japanese ports — Sendai, Hitachinaka and Kashima — some U.S. manufacturers and retailers may be opting for air cargo alternatives to meet shipping and sourcing deadlines.
Thursday, March 10, 2011
As the Airforwarders Association annual conference gets underway in San Diego today, the industry continues to focus on the Pacific Rim
Thursday, March 03, 2011
As widely anticipated, the International Air Transport Association announced a cut in its forecast for airline industry profits
Tuesday, March 01, 2011
Today, fuel and capacity issues continue to loom large for air cargo carriers, while shippers are being told that tactical adjustments, especially in the growing Intra-Asia trade, will need to be made at a moment’s notice as carriers re-adjust their networks.
The International Air Transport Association announced international scheduled traffic results for January showing a 9.1 percent growth in air freight compared to January 2010
Friday, February 18, 2011
Following the introduction of the FAA Reauthorization and Reform Act of 2011, H.R. 658 by the leadership of the House Transportation and Infrastructure Committee last week, the bill was approved by the committee this week by a 34-25 margin.
Posted on 02/18 at 10:06 AM
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Monday, February 14, 2011
Last week, the leadership of the House Transportation and Infrastructure Committee introduced legislation designed to reform Federal Aviation Administration (FAA) programs, set policies and priorities for United States aviation systems, and create jobs through infrastructure improvements.
Posted on 02/14 at 10:01 AM
Air Freight •
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