CNBC reports: Stocks closed mostly flat on Friday as traders looked for clarity around the presidential and congressional election results. Sentiment was kept in check by better-than-expected U.S. unemployment data. The S&P 500 ended the session down less than 1 point at 3,509.44. The Nasdaq Composite rose less than 0.1% to 11,895.23. The Dow Jones Industrial dipped...
Turkish Cargo has launched direct scheduled freighter flights to Budapest as it ramps up its use of the airport. The... Read More The post Turkish Cargo adds new freighter flights to Budapest appeared first on Air Cargo News. ...
Container rates across main and secondary tradelanes are exploding, with no hope of any easing of the pain for ocean freight shippers in the coming weeks, or possibly even months. Today’s Shanghai Containerized Freight Index (SCFI) comprehensive index value has doubled since May, with several tradelane components recording gains in spot rates...
Atlas Air Worldwide Holdings will reactivate another B747 freighter after improvements in its third quarter figures thanks in part to... Read More The post Atlas Air reactivates another B747 as revenues rise appeared first on Air Cargo News. ...
Animal transport firm Intradco Global has appointed Alexander Kraynov as its first general manager. Kraynov worked for the Volga Dnepr... Read More The post Intradco appoints general manager as it looks to grow appeared first on Air Cargo News. ...
PRESS RELEASE November 05, 2020 08:00 ET – Business Growth Driven by Strong Airfreight Demand – Reported Net Income of $74.1 Million – Adjusted EBITDA of $196.3 Million and Adjusted Net Income of $82.7 Million – Raising Outlook PURCHASE, N.Y., Nov. 05, 2020 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced third-quarter 2020 net income of $74.1 million, or $2.78 per diluted share, compared with...
Air cargo demand helped Korean Air eke out an operating profit of W7.6bn ($6.5m) in the third quarter — its... Read More The post Air cargo demand helps Korean to Q3 operating profit appeared first on Air Cargo News. ...
The latest statistics from IATA show that the speed of recovery in air cargo increased slightly in September — and... Read More The post IATA: Air cargo recovery speeds up in September as US recovers appeared first on Air Cargo News. ...
As Atlas Air prepares to announce (presumably strong) third-quarter results tomorrow, the increasingly bitter battle with its pilots continues – out of the view of the keen eyes of investors. Negotiations appear to have gone from worse, to even worse and worse still. At The Loadstar’s request, both parties have explained their differences – but...
Nippon Express has launched a high-speed consolidated service between Haneda Airport in Japan and Atlanta Airport in the US. The... Read More The post Nippon Express launches same-day Japan-US delivery service appeared first on Air Cargo News. ...
