Business

Finance

K+N’s air division earnings boosted by Apex deal

By Rachelle Harry

Forwarder Kuehne+Nagel (K+N) has more than doubled its earnings in the first half of 2021. The company said that “continued recovery…

Read More

DP DHL ups forecast as it expects record Q2 profits

By Damian Brett

Deutsche Post (DP) DHL has reported record operating profits in its preliminary second-quarter results and upped its outlook for the…

Read More

FedEx to add freighters and boost spending to meet demand

By Damian Brett

FedEx will boost spending over the coming year and add more freighter orders to meet growing e-commerce demand. Announcing its…

Read More

Cargo the bright spot for Emirates as it notes first loss in more than 30 years

Cargo revenue was the bright spot for the Emirates Group, which revealed its first loss in over 30 years in…

Read More

DHL Global Forwarding sees airfreight revenues and profits soar in Q1

By Damian Brett

Deutsche Post DHL Global Forwarding has reported large increases in its airfreight revenues, profits and volumes in the first quarter…

Read More

E-commerce demand boosts Cargojet in Q1

By Damian Brett

Cargojet saw revenues and profits increase in the first quarter of the year as it continued to benefit from a…

Read More

DSV Panalpina airfreight volumes slide in first quarter

By Damian Brett

DSV Panalpina saw its airfreight volumes decline in the first quarter of the year despite growth in the overall market….

Read More

K+N records first airfreight volume increase in two years

By Damian Brett

Kuehne+Nagel (K+N) saw quarterly air cargo volumes increase for the first time in more than two years, while revenues and…

Read More

ASL borrows $125m as it continues its freighter fleet renewal

By Damian Brett

ASL Aviation Holdings has secured a $125m debt facility from Goldman Sachs that will be used as part of its…

Read More

DB Schenker sees revenues and profits increase in 2020

By Damian Brett

DB Schenker saw revenues and profits increase last year despite air and ocean volumes both declining. The Germany-headquartered freighter forwarder…

Read More