FedEx saw fiscal third-quarter revenues and profits fall on last year but the company beat expectations and has raised its…
Business
DP DHL outlines criteria for any DB Schenker bid
15 / 03 / 2023
Shortly after Deutsche Post (DP) DHL announced another set of record full-year results, the parcel and logistics giant’s outgoing chief…
DHL Global Forwarding reports record airfreight revenues
09 / 03 / 2023
DHL Global Forwarding reported record airfreight revenues last year but performance weakened as the year progressed. The world’s second-largest airfreight…
Cathay Cargo sees revenues weaken in 2022
08 / 03 / 2023
Cathay Pacific saw its cargo revenues decline by double-digit percentage levels last year as Covid restrictions affected operations. The airline…
Lufthansa Cargo reports third year of record operating profits
03 / 03 / 2023
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels. Lufthansa’s logistics division,…
K+N reports record air volumes and revenues despite weakening market
01 / 03 / 2023
Kuehne+Nagel has reported record airfreight volumes and revenues for 2022 despite performance weakening in the second half of the year….
ATSG reports record revenues but predicts block hour decline in 2023
27 / 02 / 2023
Freighter aircraft lessor ATSG reported record revenues in 2022 but is expecting its block hours to decline this year. The…
IAG Cargo sees volumes grow in 2022 despite revenue drop off
24 / 02 / 2023
IAG Cargo saw its cargo revenues decline last year despite a slight pick up in volumes as bellyhold operations returned…
Atlas Air sees Q4 revenue win but global demand dampens 2022 results
24 / 02 / 2023
Atlas Air saw revenue growth in the fourth quarter of 2022 thanks to “an increase in the average rate per…
Expeditors revenues and volumes down
23 / 02 / 2023
In its fourth-quarter 2022 financial results for the three months ended December 31, Expeditors International posted year-on-year declines in operating…
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