air cargo

Are Air Cargo Costs About
to Go Sky High?

The discovery of two explosive devices found in packages on U.S.-bound cargo planes Friday raises new questions about security in the air-freight industry -- and its potential cost.

FedEx Will Boost Shipping Rates 3.9% in January

FedEx, the world's biggest air-cargo carrier, will boost shipping rates in January as it looks to offset the effects of rising fuel costs on its bottom line. The company will increase FedEx Express shipping rates for domestic and export services by an average of 3.9%.