Business

E-commerce and perishables business helped soften the blow of a drop in airfreight volumes for Kuehne+Nagel (K+N) in the fourth…

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IAG Cargo saw a steep drop in year on year commercial revenues in 2023 against a backdrop of sustained soft…

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Reduced demand for aircraft leasing, passenger operations and flying for the US military combined to pull down revenue at ATSG…

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Freightos handled over a million transactions in 2023 according to its full-year results, published on 26 February. The digital booking…

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Two people have been found guilty of defrauding US logistics company National Air Cargo of $5m in a wire fraud…

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Air Canada’s full year 2023 cargo revenues declined 27% year on year due to reduced air cargo demand and a…

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DSV’s airfreight revenues, volumes and gross profits all took a hit last year due to improved ocean shipping operations, high…

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UPS has announced it will cut more than 12,000 jobs as part of efforts to reduce costs in light of…

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UPS revenues in the fourth quarter dropped nearly 8% year on year as volumes fell in both the domestic and…

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Reports suggest freight forwarder Flexport will make a third round of redundancies in just over a year. Tech publication The…

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