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...
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AeroLogic takes 25th 777F
AeroLogic has grown its freighter fleet to twenty-five 777Fs, solidifying its position as the third-largest operator of the type. A...
Brazil grants Braspress AOC
Braspress Air Cargo will soon launch full-scale operation of its dedicated freighter service after obtaining its AOC from the Brazilian...
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...
Aero Capital Solutions’ Paterson joins Cargo Facts EMEA 2025
Derek Paterson, vice president of EMEA sales and leasing at Aero Capital Solutions, will join Cargo Facts EMEA 2025 for...
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...
China says it is willing to cooperate with US after Boeing spat
China is willing to support normal cooperation with U.S. companies, the country’s Ministry of Commerce said, just days after Chinese...
Saudia Cargo, China Henan Aviation sign MoU
Saudia Cargo and China Henan Aviation Group signed a memorandum of understanding today, establishing a strategic air logistics partnership aimed...
