DHL forwarding arm impacted by ‘further post-pandemic normalization’
DHL Global Forwarding, Freight division followed its major competitors in posting a significant year-over-year decline in operating profit, revenue and ...
Tag: earnings
Lufthansa Cargo’s expected losses seen in Q1 results
Lufthansa Cargo today reported first-quarter revenue of $905 million, a drop of 30% from Q1 2022. Adjusted EBIT of $166.8 ...
Expeditors sees 44% drop in revenue
Seattle-based logistics company Expeditors had a rough first quarter, with revenue of $2.6 billion, a 44% drop from Q1 2022. ...
Cargojet has stable Q1 with 0.7% dip in revenue
Canadian air cargo services provider Cargojet reported first-quarter revenue of $231.9 million Canadian ($171.3 million), down just 0.7% from Q1 ...
American, Southwest, Hawaiian airlines cargo revenues decrease
While airlines saw strong passenger demand in the first quarter of 2023, the industry saw a soft market for air ...
C.H. Robinson sees 32.3% revenue dip in Q1 earnings
Multimodal transport company C.H. Robinson reported revenue of $4.6 billion for the first quarter, a 32.3% drop from Q1 2022. ...
DSV reports profit, revenue, volume declines
DSV’s Air and Sea forwarding division recorded a sharp decrease in profitability and revenue in the first quarter compared with ...
Cargolux’s record earnings marred by labor dispute
Cargolux, Europe’s largest all-cargo airline, today posted its best-ever annual financial results for 2022, but this performance may be overshadowed ...
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