Kuehne+Nagel’s 2021 earnings boosted by health care, e-commerce
Switzerland-based freight forwarder Kuehne+Nagel saw 2021 gross-profit revenues for airfreight increase 92% year over year to CHF2.5 billion (US$2.7 billion). ...
Tag: ACN
After stable cargo performance in February, market braces for Ukraine impact
Just as the global air cargo market drew nearer to pre-pandemic volumes, capacity and load factors early in 2022, Russia’s ...
Biden bans Russian aircraft in US skies in response to Ukraine
President Joe Biden is closing U.S. airspace to Russian aircraft, joining most European nations and Canada in response to the ...
Teleport launches intra-Asia A330 cargo-only connectivity
Malaysia-based Teleport, the logistics venture of Capital A, plans to resume some of its scheduled connectivity starting this month with ...
AirBridgeCargo ceases operations at European hub
Volga Dnepr Group’s (VDG) scheduled cargo airline, AirBridgeCargo Airlines (ABC), and its affiliate, Atran, on Sunday ceased operations at Liege ...
Giant cargo jets sidelined by Russia’s invasion of Ukraine
Russia’s invasion of Ukraine has sidelined a fleet of massive air freighters that oil companies and engineering firms rely on ...
American Airlines Cargo adds suite of life science and health care products
American Airlines Cargo is increasing its focus on pharmaceutical and critical care shipments with a new suite of life sciences ...
Consultant Insight: Freighter leasing option for shippers, supply chain partners
It’s a good time to be in the contracted air transportation market. While some trade lanes have recovered to pre-pandemic ...
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