DSV acquires Schenker for 14.3B euros
DSV today completed its acquisition of DB Schenker from Deutsche Bahn for 14.3 billion euros ($16.2 billion). The sale was...
UPS to cut 20K jobs as it reduces Amazon volume
UPS reported $21.5 billion in operating revenue for the first quarter of 2025, down 0.7% year over year, and will...
Lufthansa Logistics revenue soars 21% in Q1
Lufthansa Group today reported 834 million euros ($949.1 million) in revenue for the first quarter of 2025 for its Logistics...
Cargo Chat: Air France-KLM maximizes small freighter fleet in route planning
Before launching a new cargo route, Air France KLM Martinair Cargo considers multiple factors, including demand, airport infrastructure, aircraft needs...
AA Cargo revenue climbs 1.1% in Q1
American Airlines reported $189 million in cargo revenue for the first quarter of 2025, an increase of 1.1% year over...
Lufthansa Cargo adds flights to EZE, CWB
Lufthansa Cargo will add an additional weekly flight each to Buenos Aires and Curitiba, Brazil, this summer on a 777F. ...
Cargojet reports record Q1 revenue
Cargojet reported record first-quarter revenue of CA$249.9 million ($180.3 million), an increase of 8.1% year over year. “We are now...
United agrees to purchase 100 aircraft from JetZero
United Airlines is investing an undisclosed amount in aircraft developer JetZero, placing 100 blended-wing body aircraft on order with an...
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