Cargo traffic rises as losses deepen for SIA Cargo
SIA Cargo reported a loss of US$36.3 million, even as traffic rose 2.6 percent, year-over-year, in 2015, which, according to...
Charles Kauffman is the Senior Editor of Air Cargo World Magazine, and the publication's sister newsletter, Cargo Facts. Charles holds a BA in International Studies from the University of Washington, and an MA in International Relations from Shanghai Jiao Tong University. He speaks Mandarin and Spanish.
SIA Cargo reported a loss of US$36.3 million, even as traffic rose 2.6 percent, year-over-year, in 2015, which, according to...
China’s third-largest express delivery company, YTO Express Airlines, has formally announced plans to introduce at least three widebody freighters into...
Although DSV’s acquisition of UTi has yet to pay significant dividends, as net profit dropped 45.4 percent year-over-year, to US$49...
Following similar investments on the U.S. West Coast, UPS announced plans to nearly double the footprint and make sorting technology...
UAE-based Emirates reported a record profit of US$2.2 billion for the year 2015, in spite of softer revenues, which dropped...
UPS announced a partnership with California-based robotics company Zipline and Gavi, the Vaccine Alliance, to launch a vaccine and medicine...
For Sweden-based West Atlantic, 2015 was an exceptionally challenging year, during which the company’s profits dipped into the red, from...
With cross-border e-commerce, it’s easy to think at 35,000 feet above sea-level – about the planes that carry the cargo...
Noting that Beijing Capital International Airport is ill-equipped to fulfill future cross-border-fueled airlift demands in China, Hainan Airlines has launched...
First-quarter net revenues dropped 2 percent, year-over-year, at Seattle-based Expeditors, to US $517 million, while net profit fell 9.6 percent,...
The International Air Transport Association noted the “softness” of the airfreight market and warned of another tough year ahead in...
First-quarter performance at Lufthansa’s logistics division, which includes its cargo operations, lagged behind other segments, incurring a US$22 million loss...
UAE-based Etihad Airways signed an agreement to establish a new cargo transit center at Parma Airport aimed at increasing the...
Swelling net revenue margins supplanted the impact of lower gross revenues for Netherlands-based CEVA Holdings during the first quarter of...
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