Cathay Pacific’s strong 2021 cargo performance can’t prevent another annual revenue drop
The brisk pace of airfreight operations from Cathay Pacific Group during 2021 was insufficient to offset the significant weakness in ...
Tag: earnings
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). ...
IAG Cargo’s 2021 revenue jumps 49.8% from 2019, boosted by e-commerce, automotive shipments
U.K.-based IAG Cargo saw 2021 cargo revenues at its airline subsidiaries increase to 1.6 billion Euros ($1.8 billion), up 49.8% ...
Charters drive air tonnage up 13% YoY in Q4 at Expeditors
Seattle-based logistics company Expeditors International of Washington saw air tonnage increase 13% year over year during the fourth quarter of ...
DSV cautious on further air charter expansions
Danish logistics company DSV reported strong full-year performance for 2021, with higher airfreight volumes and yields, alongside the acquisition of ...
Consultant Insight: Amazon reports strong Q4 as it looks to speed up last-mile delivery in 2022
E-commerce giant Amazon benefitted from the ongoing e-commerce boom with net sales growth during the fourth quarter of 2021, but ...
Consultant Insight: UPS expects another strong year led by International in 2022
The fourth quarter of 2021 delivered another record for UPS and the company’s “better, not bigger” strategy, which continued to ...
Consultant Insight: American Airlines keeps it simple
With combination carriers facing renewed difficulties from the rise in COVID-19 omicron infections, American Airlines is opting to keep its ...
