UPS surges most since 1999 on delivery bonanza spurred by virus
United Parcel Service Inc. climbed the most in more than 20 years as the courier’s results easily topped Wall Street’s ...
Tag: earnings
C.H. Robinson nets 2Q air cargo gains amid falling revenue
U.S.-based freight forwarder C. H. Robinson saw air cargo revenues more than double year over year during the second quarter ...
Layoffs ahead for Hawaiian Airlines after pax and cargo slump
During today’s second-quarter earnings call from Hawaiian Airlines’ parent Hawaiian Holdings, company leadership announced the need to proceed with involuntary ...
Among major US airlines, only United sees cargo gains
As major U.S. airlines tread water amid the red turbulence of heavy revenue losses, only United Airlines realized a gain ...
Kuehne+Nagel reports strong 1H airfreight performance amid COVID impact
Kuehne+Nagel’s Air Logistics Division was the only provider to record a year-on-year increase in net turnover for the first six ...
DHL’s Q2 earnings appear positive amid COVID-19
Deutsche Post-DHL Group has shared its preliminary second-quarter results showing overall financial strength and high volumes during COVID-19. According to ...
Consultant Insight: FedEx Express aims for market share growth
FedEx is basking in the glow of Wall Street’s approval as it reported stronger than expected earnings last week. According ...
FedEx cuts into forwarder turf with pandemic flights
The COVID-19 pandemic kicked FedEx’s flight operations into high gear during the fourth quarter of its fiscal year 2020, ended ...
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