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Asia-Europe air freight rates slide

Asia-Europe air freight rates slide

Air freight rates from Asia to Europe continue to decline as a weakening euro and doubts over economic growth create uncertainty among retailers, according to International Freight Weekly (IFW).

FedEx increases freighter orders in anticipation of cargo growth

FedEx increases freighter orders in anticipation of cargo growth

US express delivery giant, FedEx, has increased its original four 777 freighters on order with Boeing by two, ahead of expected rising cargo volumes, according to the Shipping Gazette.

Asia Pacific air cargo demand rise in March

Asia Pacific air cargo demand rise in March

The Association of Asia Pacific Airlines says passenger and cargo traffic volumes are close to returning to levels last achieved before the recession began to hit hard in mid-2008. Careful management of capacity has also helped improve airline assets.