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Kuehne+Nagel air logistics net turnover drops 15% in Q1
Swiss forwarder Kuehne+Nagel today reported a net turnover of CHF 5.5 billion ($6.1 billion), an 18% year-over-year decrease. THE BIG ...
Consultant’s Insight: UPS reports financial and volume declines
It was a disappointing start to 2024 for UPS, as the company reported a 5.3% year-over-year decline in the first-quarter, ...
Firefly Green Fuels to build sewage-to-SAF plant by 2029
United Kingdom-based Firefly Green Fuels announced plans to construct a commercial-scale sewage-to-sustainable aviation fuel plant in Harwich, Essex, by 2029, ...
Amazon invests $745M into robotics in Europe
Amazon last week opened its Amazon Operations Innovation Lab in Vercelli, Italy, where it invested 700 million euros ($745.6 million) ...
Digital Pulse: Asia Airfreight Terminal deploys autonomous electric tractors
Asia Airfreight Terminal, a subsidiary of SATS, introduced autonomous electric tractors at its terminal in Hong Kong this month. Asia ...
Cyber criminals target supply chain, airports
Cyber criminals targeted the supply chain and manufacturing industries globally in 2023. While keeping an eye on geopolitical conflict and ...
Alaska Airlines’ cargo revenue up 10.3% in first quarter
Alaska Air Group, which operates Alaska Airlines, today reported a record $2.2 billion in operating revenue for the first quarter ...
Consultant’s Insight: Integrators follow similar health care, Asia strategies
UPS is betting on the health care market and Asian trade to boost its overall revenue, while FedEx and DHL ...
Fraudulent air waybill used in $14.8M gold heist at YYZ
A fraudulent air waybill was the catalyst for Canada’s largest-ever gold heist last year. In the evening hours of April ...
United’s cargo revenue down 1.8% in first quarter
United Airlines today reported $12.5 billion in operating revenue for the first quarter of 2024, an increase of 9.7% year ...
FAA lifts Alaska Airlines ground stop
The FAA issued a ground stop advisory this morning for Alaska Airlines flights that grounded the carrier’s mainline and subcarrier ...
Malaysia Air looks to lighten plane loads on Middle East detour
Malaysia Airlines will temporarily stop carrying cargo on its passenger flights from Kuala Lumpur to London after Iran’s attack on ...
Shein, Flexport team up in US
Chinese manufacturer and retailer Shein recently announced digital freight forwarder Flexport as its preferred logistics partner for the Shein U.S. ...
HKG again named busiest cargo airport
Hong Kong International Airport has once again been crowned the top cargo airport in the world, a spot it has ...
