Delta cargo revenue down 36% YoY
Delta Air Lines reported $14.6 billion in third-quarter revenue on Thursday, marking a 13% increase year over year, but Q3 ...
Tag: earnings
FedEx posts profit that tops estimates
FedEx Corp. rose in early trading Thursday on profit that topped analyst estimates and an increase to the low end ...
Cargojet’s Q2 revenue declines 15%
Canadian air cargo carrier Cargojet, impacted by high capacity and low demand in the second quarter, reported revenue of $CA ...
Air Canada Cargo revenue decreases 24%
Air Canada Cargo reported second-quarter revenue of $CA $227 million($181 million), a year-over-year decrease of 24%. THE BIG PICTURE: The ...
Cathay’s cargo revenue falls 10.1%
The Cathay Group had a profitable first half of the year, raking in 43.6 billion HKD ($5.6 billion), a 135% ...
Expeditors revenue drops 51% in Q2
Impacted heavily by reduced freight volumes and rates, Expeditors earned $2.2 billion in revenue in the second quarter, a decline ...
Consultant’s Insight: UPS loses more volume than expected in Q2
UPS volumes took a hit during the second quarter as the company negotiated with the Teamsters for a five-year agreement. ...
Maersk predicts soft freight volumes through yearend
While shipping giant Maersk released stable second-quarter results, the company lowered its estimates for global trade, expecting a “subdued environment” ...
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