Business

Air Canada continued to report declines in its cargo revenues during the third quarter of the year, although the drop-off…

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IAG Cargo saw its revenues fall in the third quarter of the year despite its volumes increasing. The airline group,…

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UPS has reported a 12.8% dip in third quarter revenues year on year, which it said was due to a…

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Airfreight forwarder Kuehne+Nagel (K+N) suffered the impact of a difficult market as it reported a further decline in year on…

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Multimodal freight forwarder DSV saw its third quarter air cargo volumes fall 14% year on year. DSV recorded a decline…

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Korean Air Lines Co. has offered to sell Asiana Airlines’ cargo business and divest routes to four EU cities to…

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Flexport has confirmed it will shrink its global workforce by “approximately 20%” as part of its plans to cut costs…

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Saudi Arabian cargo handling and logistics firm SAL Saudi Logistics Services has announced an initial public offering (IPO). SAL Saudi…

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FedEx said it has continued to focus on cost saving initiatives in response to weak express demand as it reported…

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Airfreight consolidation company Aircon has secured seed funding that will enable it to invest in industry partnerships, grow its AI…

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