New Chongqing-Addis Ababa routes to support China-Ethiopia cargo ops
Last week, Ethiopian Airlines Group, the Chongqing Municipal People’s Government Port and Logistics Office and Chongqing Airport Group signed a freight route...
Archive
DSV sees Q1 profits rise, expects Panalpina deal to close in Q3
Danish forwarding giant DSV, which announced earlier this month that it was purchasing Swiss rival Panalpina, released its first-quarter results...
As Amazon boosts Prime speed, Walmart alludes to free one-day shipping
Last week during its 1Q19 earnings call, Amazon announced it would be “incrementally” investing $800 million to transition its two-day...
CEVA begins new era under CMA CGM with Q1 drop in air volume
Following yesterday’s annual general meeting, CEVA reported its first-quarter results today, showing a 6.9% drop on air cargo volumes, compared...
Cargolux ferries first ex-ASL 747-400ERF to Luxembourg
Last Friday, a 747-400ERF (35234) previously operated by ASL Airlines Belgium was ferried to Cargolux’s main hub in Luxembourg. Following...
Bolloré to begin global rollout of CargoWise One platform
In a strategic agreement with logistics firm WiseTech Global, French forwarder Bolloré Logistics, said this week it will begin the...
UPS’ growing 747-8F fleet boosts air volumes in Q1
UPS reported first-quarter 2019 net income was down 17.4% year-over-year to $1.11 billion, on revenues that were up slightly (0.3%)...
K+N air volumes shrink, but net earnings rise in Q1
Reflecting the general downturn of the airfreight market, first-quarter results from Kuehne + Nagel showed a 3.1% drop in air...
Cargo Facts Free Newsletters
