UPS reports record Q1 profits in each of its segments
Once again, UPS knocked it out of the ballpark as it reported record first-quarter profits in all of its segments....
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CFC: Revision to key assumption lifts large widebody freighter demand forecast
Long-term demand for large widebody freighters will increase by up to 400 units over the next two decades because the freighter-to-belly share of air...
DSV Panalpina acquiring Agility’s logistics business in $4.2 billion deal
DSV Panalpina announced it will acquire Kuwait-based Agility’s stand-alone Global Integrated Logistics (GIL) business unit in a deal the companies...
MasAir expands with A330 conversions
Mexico-based MasAir will grow its fleet with the addition of two A330-200P2Fs. The carrier expects to receive both aircraft in...
767-300s and 737-800s dominate March FATs
Cargo Facts logged seventy-nine freighter aircraft transactions (FATs) in March, nearly on par with February 2021 (eighty-one), up from fifty-eight in January and well above average. ...
Consultant Insight: Japan Post pares down once lofty goals for Toll Holdings
Australia-based Toll Holdings, which was once among the largest global logistics providers, was acquired by Japan Post in 2015 for...
Cainiao launches 7 weekly Singapore-Hainan charter flights
Alibaba logistics arm Cainiao has announced plans to launch seven weekly chartered flights from Singapore to Hainan to ship goods...
COVID pushes top 10 airport cargo handle up 3% in 2020
Air cargo volumes among the world’s top airports the cargo handle improved by 3.0% YoY, but actually decreased by 8.9%...
