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Cargolux's shareholders have agreed to inject US$200m in the company, with the first $100m to take place before the end of this year.

The International Air Transport Association (Iata) said demand for international cargo was just 0.5% lower during October than a year earlier, improving from the 5.4% year-on-year shortfall recorded by members in September.

AirBridgeCargo Airlines (ABC) has added a further B747-400 extended-range freighter to its fleet, which now totals seven aircraft.

The head of American International Group's aircraft-leasing business is in talks to buy around US$4 billion in planes from the US government-controlled company, according to people familiar with the matter, the Wall Street Journal reported.

AUSTRALIA'S Toll Group, international provider of logistics services, has announced the near conclusion of negotiations for the supply of household moving services for Australian Department of Defence personnel.

OFFICERS from India's Central Bureau of Investigation (CBI) have arrested three more customs men - two superintendents and one preventive officer - working in the Unclaimed Baggage Unit of the Air Cargo Complex at Chennai Airport in connection with an alleged bribery case.

PORTS of Virginia, including APM Terminals, handled a total of 610,400 TEU from July to the end of October, a year-on-year decrease of 15.7 per cent.

AFTER the collapse of mediation talks, Canadian National Railway train drivers have gone on strike after management imposed work rule changes after 14 months of fruitless negotiations.

AirBridgeCargo Airlines (ABC) has added a further B747-400 extended-range freighter to its fleet, which increases to seven aircraft.

Direct booking with air cargo carriers will bring little or no benefit to shippers, according to several freight forwarders.

The financial figures of airlines in Asia remain ugly, but even as profitability and yields fall, surging cargo volumes are seeing records tumble across the region.Retailers scrambling to replenish depleted inventories have had forwarders searching for additional wide-body space out of Asia. Aircraft in long-term layups will remain parked, but carriers have been ramping up frequencies to cater to the unexpected upsurge in cargo demand.

Nippon Cargo Airlines is the latest airline that has turned to medication to deal better with the volatile air cargo market. The Japanese all-cargo carrier has unveiled a temperature-controlled service that targets primarily the health care and pharmaceutical industries.

The scores of aircraft repair maintenance stations through China and Asia certified to repair US commercial aircraft are about to be scrutinised by the government agency responsible for screening the millions of visitors to the US each year.

Despite gloomy assessment of prospects for air freight, two US cargo centres are preparing for an expected increase in Asian traffic.St Louis is getting a huge amount of attention for its Big Idea, following two visits by Zhou Wenzhong, China's am-bassador to the US as well as Vice-Premier Wang Qishan and former Foreign Minister Li Zhaoxing. Wang said: "It is time we move our attention to St Louis and use the base to open up the Midwest." Big Idea officials have spoken to China Eastern, Air China, Cathay Pacific and Hainan Airlines.

Operators which aid the growth of cargo volumes at Singapore's Changi airport will be eligible for new "incentives" next year.

Germany seems likely to approve night flights at Frankfurt Airport beyond the opening of its fourth runway, according to initial indications from the country's new coalition government.

Shares of Japan Airlines tumbled on Tuesday, falling below 90 yen due to ongoing worries about the company's restructuring plans, and as trading house Mitsui & Co said it sold its entire stake in the airline during the fiscal first half, reported Dow Jones Newswires.

Changi Airport International (CAI) has been approached to take a stake in Rome's main airport, but there have been no formal talks yet, a CAI official told Business Times Singapore,

Airbus said Turkish Airlines has signed firm contracts orders to buy two A330 freighters, reported Dow Jones Newswires.

Russia may sell up to US$3.5 billion of state assets per year under its latest privatisation plan which in 2010 includes airports, ports, shipping companies and an insurer, Reuters reported.