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Expeditors airfreight revenue falls 51% YoY
Expeditors revenue in the third quarter of 2023 fell 50% year over year to $2.2 billion. Airfreight revenue in Q3...
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Singapore Airlines cargo yields fall 46.2% YoY
The Singapore Airlines Group today reported record revenue for the first half of its 2023/2024 fiscal year. Revenue was 9.2...
TSA impracticable-to-screen reg sees smooth transition
It has been nearly one week since new regulations for impracticable-to-screen cargo went into effect for shippers in the United...
Maersk logistics revenue falls 16% YoY in Q3
Shipping giant Maersk today reported a sharp decline in its third-quarter revenue to $12.1 billion, a 47% year-over-year decrease— an...
C.H. Robinson revenue falls 27.8% YoY
Freight forwarder C.H. Robinson reported $4.3 billion in revenue for the third quarter of 2023, a decrease of 27.8% year...
Jettainer to open lease&fly hub in Shanghai
Carsten Hernig, left, deputy general manager and vice president of sales, marketing and production at PACTL West, shakes hands with...
Lufthansa Cargo revenue drops 41% YoY in Q3
German carrier Lufthansa Group reported third-quarter revenue of 10.3 billion euros ($11 billion) during its earnings call today, an 8%...
October air cargo demand was ‘sub-seasonal’
Though global air cargo volumes and spot rates rose marginally in October, overall demand remained stunted, further dampening hopes of...
JetBlue barred from Amsterdam’s Schiphol Airport for summer 2024 season
JetBlue Airways Corp. lost access to Amsterdam’s Schiphol Airport next summer after the Dutch government trimmed capacity at the European...
ANA cargo revenue falls 47% YoY in H1
Tokyo-based carrier ANA Holdings Tuesday reported revenue of 1 trillion yen ($6.6 billion) for the first half of 2023, a...
An air cargo shift: India competes for central link in global supply chain
With its growing economy, improving infrastructure and location between East and West tradelines — a competitive edge for connectivity and...
LATAM cargo revenue is down 20.2% YoY
LATAM Airlines Group today reported $3.1 billion in revenue for the third quarter of 2023, an increase of 18.1% year...
Air Canada’s cargo revenue falls 23.5% YoY
Air Canada reported CA$6.3 billion ($4.6 billion) in revenue for the third quarter of 2023, an increase of 19.2% year...
KLM warns routes at risk in escalating row over slots
Dutch flag carrier KLM NV will have to thin out its European route network as a result of slot constraints...
