Sustainability is growing in importance for the air cargo industry, according to a survey from supply chain group TIACA. The... Read More The post TIACA survey highlights growing importance of sustainability in air cargo appeared first on Air Cargo News. ...
CNBC reports: The S&P 500 opened at a record level on Thursday after blowout earnings results from two of the biggest tech companies in the world: Apple and Facebook. The Dow Jones Industrial Average gained 140 points while the S&P 500 added 0.7% and notched a new intraday record. The tech-heavy Nasdaq Composite...
Cargolux last year recorded record profits as the loss of bellyhold operations boosted demand for all-cargo aircraft. The freighter operator,... Read More The post Cargolux’s profits reach a record high in 2020 appeared first on Air Cargo News. ...
Even post-pandemic surging demand for cross-border e-commerce will see freighters dominating air cargo, according to Cainiao. The Alibaba logistics unit launched its latest freighter route this week: a direct charter flight between Singapore and China’s Hainan Island five times a week. Home to increasingly popular domestic/tourist destinations of Sanya and Haikou, Hainan is...
DSV Panalpina saw its airfreight volumes decline in the first quarter of the year despite growth in the overall market.... Read More The post DSV Panalpina airfreight volumes slide in first quarter appeared first on Air Cargo News. ...
It’s big news that will shock no one. Some two years after DSV leapt into the list of forwarding superstars with its bold acquisition of Panalpina, it is now adding some $4bn to annual revenues with the acquisition of Agility’s Global Integrated Logistics (GIL). It’s a new twist in an old tale:...
PRESS RELEASE Trading update for Q1 2021 and 2021 full year guidance adjustment ANNOUNCEMENT A.P. Møller – Mærsk A/S – Trading update for Q1 2021 and 2021 full year guidance adjustment Based on preliminary figures A.P. Møller – Mærsk A/S (APMM) reports an unaudited revenue of USD 12.4bn and an underlying EBITDA of USD 4bn...
Alibaba logistics arm Cainiao Smart Logistics Network will launch seven freighter flights to Hainan to meet demand following the island’s... Read More The post Cainiao targets Hainan free trade zone with freighter flights appeared first on Air Cargo News. ...
Geodis has promoted Anthony Jordan into the role of executive vice president (EVP) and chief operating officer (COO), Americas. Jordan,... Read More The post Geodis promotes Jordan to EVP and COO Americas appeared first on Air Cargo News. ...
Logistics firm Hellman Worldwide Logistics has appointed Jens Wollesen to its management board, as well as to the role of... Read More The post Wollesen to join Hellman Worldwide as board member and COO appeared first on Air Cargo News. ...
