Expeditors Q1 earnings grow 21% despite impact from cyberattack
Seattle-based forwarder and logistics service company Expeditors’ airfreight revenue for the first quarter of 2022 was up 20.6% year over ...
Tag: earnings
DHL Global Forwarding, Freight almost triples EBIT, revenue soars
DHL Global Forwarding, Freight (DGFF) recorded the highest revenue of Deutsche Post DHL’s (DPDHL) divisions, including Express, for the first ...
Forward Air more than doubles net income in Q1 despite weaker e-commerce demand
Logistics provider Forward Air, which specializes in expedited linehaul, last-mile, intermodal drayage and specialized temperature control logistics, more than doubled ...
Consultant Insight: UPS volumes slip more than expected
The first quarter was another strong one for UPS as the parcel giant reported 6.4% growth in revenue at $24.4 ...
DSV’s Air division profits surge 64% in Q1
Danish forwarder DSV reported a 64% year-over-year increase to USD $653 million (DKK 4.6 billion) in gross-profit airfreight revenues for ...
Kuehne+Nagel Q1 2022 airfreight earnings climb 103% YoY despite Asia-Pacific disruptions
Switzerland-based freight forwarder Kuehne+Nagel’s gross-profit airfreight revenues for Q1 2022 were up 103% year over year to roughly $850 million, ...
US carriers optimistic for return to profitability in 2022 despite Q1 losses
U.S. carriers continued year-over-year cargo revenue improvements during the first quarter of 2022, but sharp increases in operating expenses had ...
CFC: Air Canada Cargo 2021 revenues reach all-time high
The COVID-19 pandemic has had bolstering effects on air cargo around the world. In this week’s Insight, we will focus ...
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