Business

Emirates sees cargo volumes climb in H1

Emirates registered a double-digit percentage improvement in its cargo volumes in the first half of its financial year as it…

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Lufthansa’s cargo profits tumble in Q3

Lufthansa’s logistics business was unable to make an operating profit in the third quarter of the year as the market…

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Air Canada sees cargo revenues dip in Q3

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 sees revenues dip and volumes rise

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 Q3 revenues struck by soft demand

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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Kuehne+Nagel airfreight volumes drop again in Q3

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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DSV volumes fall once more in Q3

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 poised to sell off Asiana cargo business

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 confirms it will cut its global workforce by 20%

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

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SAL Saudi Logistics Services announces IPO

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

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