All Business Articles – Page 2
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NewsPositive first quarter for Air France KLM Cargo
The Air France KLM (AFKLM) Group’s cargo business saw revenue, volumes, load factor and yields improve in the first quarter of the year
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NewsDSV completes Schenker deal while Q1 air growth flattens
DSV has completed its acquisition of forwarding giant Schenker and announced first quarter results, with airfreight volumes flat
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NewsUPS to axe 20,000 jobs following reduction in Amazon business
Express giant UPS has announced it will cut around 20,000 jobs largely as a result of its decision to reduce its business with e-commerce platform Amazon
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NewsLufthansa Cargo revenue up 21% in Q1 2025
Lufthansa Cargo's revenue increased 21% in the first quarter of 2025 to to €834m, aided by e-commerce business from Asia and overall robust market demand
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NewsANA Holding’s takeover of Nippon Cargo Airlines pushed back
ANA Holding’s takeover of freighter operator Nippon Cargo Airlines from the NYK Group has been pushed back until 23 May as the company awaits regulatory approval
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NewsCargojet revenues rise as it looks ahead to a tariff-related boost
Cargojet reported revenue and profit increases in the first quarter of the year and is optimistic for the coming months due to the implementation of tariffs
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NewsUK examines ending tax exemption for low-value e-commerce parcels
The UK is the latest country to examine whether changes are needed to its tax exemption for low-value packages
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NewsKuehne+Nagel’s airfreight business boosted by semiconductor demand in Q1
Kuehne+Nagel’s (K+N) airfreight business had a positive start to the year, with semiconductors and perishables leading the improvements
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NewsQatar Cargo, IAG Cargo and MASkargo to launch a cargo business
Qatar Airways Cargo, IAG Cargo and MAB Kargo Sdn Bhd (MASkargo) have announced their intention to launch a joint global cargo business
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NewsTariff uncertainty continues
Following the recent news that US President Donald Trump would put in place tariff exemptions for smartphones and other tech products imported from China
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NewsDachser revenues rise in 2024 but predicts a tough year ahead
Dachser’s air and sea division was the firm's star performer as market growth helped increase revenues by double-digit percentage levels
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NewsCMA CGM set to double its freighter fleet following Air Belgium takeover approval
CMA CGM’s takeover of Air Belgium’s cargo operations has taken a step forward after it gained approval for the deal, which includes a fleet of four freighters
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NewsMenzies' cargo volumes reach record levels in 2024
Menzies Aviation handled a record 2.4m tonnes of cargo at 71 locations in 2024, up 20% from 2m in 2023
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NewsK+N: Airfreight ‘very attractive’ and confident on regaining top spot
Kuehne+Nagel (K+N) has outlined a positive outlook for the air cargo market based on growing demand, market volatility and capacity constraints
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NewsANA’s takeover of Nippon Cargo Airlines delayed until May
ANA Holding’s takeover of freighter operator Nippon Cargo Airlines has been pushed back until May as the airline awaits regulatory approval
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NewsCMA CGM bids for Air Belgium’s cargo operations
CMA CGM has submitted a bid for the cargo business of Air Belgium following a court decision to revoke Air One Belgium’s takeover
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NewsArgentinian ground handler Intercargo set to be privatised
Argentinian state ground handling company Intercargo S.A.U will be privatised and sold following government concerns about its financing and operations
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NewsAir One Belgium to appeal Air Belgium Cargo takeover decision
Air One Belgium will appeal a court decision to end its proposed takeover of the cargo business of financially troubled Air Belgium
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NewsCathay Pacific cautious but optimistic on cargo following strong 2024
Cathay Pacific saw cargo revenues, volumes and yields increase last year, although the company is “cautiously monitoring” the impact of geopolitical developments
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NewsAir Belgium cargo sale falls flat
Plans for the sale of Air Belgium’s cargo business have fallen apart after a court revoked the takeover process