Traffic for the top three US airlines slumped in October, but load factors for most of the nine largest carriers rose and the decline in unit revenue showed signs of slowing down.

Five years after retiring from Japan Airlines Corp, former pilot Tsutomu Watanabe is fighting to protect the pension he was promised but that the airline can no longer afford to pay.

US rail traffic remains sharply down from a year ago, a trade group said, but shipments in some industries have shown improvement.

Cathay Pacific Airways has launched its new service to Jeddah, Saudi Arabia’s second major commercial city.

Thai Airways International expects to make a net profit in 2010 thanks to economic recovery and restructured management, but fare price cuts mean it is not certain to make a profit this year.

Evergreen Marine Corp., China Cosco Holdings Co. and eight other shipping companies agreed to raise rates for US-Asia shipments as they battle to reverse industry-wide losses.

OAG Cargo has launched its airfreight portal for forwarders and airlines in Thailand through an expansion of its partnership with Trade & Logistics Siam Ltd.

Airbus carried out the maiden flight on Thursday of a new freight plane that could mark its entry into plane assembly in the United States, if it wins an epic contest with Boeing over refuelling planes.

Struggling carrier Japan Airlines Corp. said it will discontinue a total of 16 routes starting next month as part of its own efforts to trim operating costs and cut losses.

Asia’s third-largest low-cost carrier Cebu Pacific aims to increase its traffic to Japan and Korea with a seat sale as low as P2,499. The seat sale period is from November 6 to 8, 2009, for travel this January 15 to March 15, 2010.

Heads of members of a major airline alliance including Korean Air and Delta Airlines expressed some optimism about the industry's recovery but noted uncertainties from the H1N1 flu virus and the overall economy.

Regulatory guidelines to enhance the surveillance of sea tankers that are throwing waste into sea were approved during the 11th ASEAN ministers meeting on the environment in Singapore.

International Container Terminal Services, Inc. reported consolidated unaudited net income attributable to equity holders for the first nine months of the year fell 29 percent to $37.2 million from $52.4 million in the same period of 2008.

Germany's Lufthansa and the airline industry's representative body provided a gloomy outlook for the sector as carriers around the world struggled to make a profit amid a fierce battle for business.

Cebu Pacific (CEB) has reduced its Laoag-Manila year-round “Go Lite” fare from P988 to P788. This is the lowest possible fare for this route, and is available upon early booking.

Airbus hopes to deliver a similar number of aircraft in 2010 as it does this year amid a gradual recovery in the global aviation industry that has started now and will reach its completion in 2011, an executive with the company said.

The global low-cost airline movement has undergone a fundamental change of direction in the past two years, but the biggest shifts in the model are coming, according to a landmark new study by the Centre for Asia Pacific Aviation (CAPA).

British freight company Stobart Group Ltd is on track to go green, its chief operating officer said, after the company's first refrigerated train carrying fruit and vegetables arrived in the U.K. from Spain.

Irish airline Ryanair posted an 80 percent rise in first-half profit and said on Monday it could reverse its long-standing strategy of rapid growth and distribute cash to shareholders instead.

DHL has opened its new $32-million airfreight facility at Melbourne airport that would boost Victoria and Tasmania's international trade.