FORBES reports: As the pandemic rages, so do oil prices, reaching levels not seen since January 2020, when the virus was still a gleam in the epidemiologists’ eyes. A variety of reasons have been given for this trend, including recovering demand and suppressed supply, the vaccine roll-out, and falling inventories. Indeed, the...
Swissport in the UK has won a contract to handle the Lufthansa Group’s cargo volumes at Heathrow Airport. Swissport said... Read More The post Swissport wins Lufthansa cargo deal at Heathrow appeared first on Air Cargo News. ...
The monthly ocean market update by DHL Global Forwarding is now published… An Unusual Chinese New Year TOPIC OF THE MONTH: To clear backlogs and get empty containers back to Asia carriers are not implementing blank sailing programs after CNY. Chinese New Year on 12 February will be very different than in other years...
REUTERS reports: Chinese logistics giant SF Holdings Co is in talks to take Hong Kong-listed Kerry Logistics Networks Ltd private, in the sector’s latest consolidation attempt, four people with knowledge of the matter told Reuters. SF is preparing to offer a decent premium to Kerry’s current trading price, said one of the people,...
Shippers face many more months of inflated freight rates, as ocean carriers show no sign of easing their strategy of keeping capacity tight and favouring high-paying spot cargo. In a customer Q&A session this morning, Hapag-Lloyd CEO Rolf Habben Jansen said the carrier was still “flooded with bookings”. He said: “It will be...
February 5, 2021 by Choice Aviation Services0Air Cargo
SpiceJet has renewed its contract with shipment data platform SmartKargo as it looks to utilise the platform for its pharma... Read More The post SpiceJet renews with SmartKargo appeared first on Air Cargo News. ...
Exceptional times call for exceptional measures. The past year has been a real challenge – and air cargo executives around... Read More The post Air cargo heroes going not just the extra mile, but way beyond appeared first on Air Cargo News. ...
Atlas Air, UPS and Cargolux are the top three operators of Boeing 747 freighters, according to data from Spire Aviation.... Read More The post Top 10 Boeing 747 freighter operators revealed appeared first on Air Cargo News. ...
PRESS RELEASE MINNEAPOLIS–(BUSINESS WIRE)– C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 51 cents ($0.51) per share, payable on April 1, 2021, to shareholders of record on March 5, 2021. C.H. Robinson has distributed regular dividends for more than...
Singapore Airlines Group narrowed its third-quarter operating loss, as a stronger cargo performance helped offset revenue loss from the pandemic-led... Read More The post Strong cargo demand helps Singapore Airlines cut Q3 loss appeared first on Air Cargo News. ...
