Consultant Insight: Forwarders benefit from tight capacity, high demand during Q1
Capacity constraints, high rates, and high demand from customers resulted in strong revenue and profit gains for most freight forwarders ...
Tag: earnings
Air Canada Cargo’s Q1 revenue rises 89% on trans-Pacific, trans-Atlantic strength
Air Canada Cargo’s revenues for the first quarter of 2021 were up 89% year over year to CA$281 million (US$232 ...
Atlas Air blends similar ACMI and charter segments
Atlas Air Worldwide Holdings has merged its ACMI and charter reportable segments to reflect the blurred boundary between the two ...
Turkish Airlines posts rare industry profit amid cargo gains
Turkish Airlines became one of the first major carriers to post a profit this year after a boost in freight ...
Cargo revenue surges for major US combination carriers
While combination carriers continue to suffer significant revenue loss due to travel restrictions, most U.S. airlines have reported increased cargo ...
Amazon Air launches new Southern California hub at SBD
This story has been updated with comments from San Bernadino Airport. Amazon opened its newest regional air hub at San ...
UPS reports record Q1 profits in each of its segments
Once again, UPS knocked it out of the ballpark as it reported record first-quarter profits in all of its segments. ...
Kuehne+Nagel sees return to trade volume growth for air logistics
Switzerland-based transport and logistics company Kuehne+Nagel reported Monday that its first-quarter gross profits for air logistics were up 30.9% year ...
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