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DHL Group reports 16.4% revenue drop
Amid a soft air cargo market, DHL Group posted revenue of 20.1 billion euros ($22.1 billion) in the second quarter,...
News
Cainiao opens 6-warehouse logistics park in Jakarta
Cainiao Group, the logistics arm of Alibaba Group Holding Ltd., launched its first warehouse hub serving Jakarta, Indonesia, last week...
Cargo-partner offers Western Europe, Asia consolidation services
Transport and information logistics provider cargo-partner has expanded its offerings and now offers consolidation services between key airports across Western...
Global airfreight rates rise 2.9%
Global airfreight rates firmed up a little last week, with the overall Baltic Air Freight Index rising 2.9% week over...
Cargo airline Western Global reaches bankruptcy financing deal
Western Global Airlines LLC has reached a deal with creditors that would allow the cargo carrier to keep operating while...
DHL Express to invest $192M into CVG expansion
DHL Express plans to expand its operations at Cincinnati/Northern Kentucky International Airport with an investment of $192 million to build...
Integrating eAWBs with freight management systems
The electronic air waybill has transformed modern freight management, emerging as an instrumental tool, streamlining freight processes and paving the...
Bollore revenue down 3.2% YoY
French conglomerate Bollore Group’s revenue for the first half of 2023 was 6.2 billion euros ($6.9 billion), down 3.2% year...
Air France-KLM, CMA CGM see double-digit cargo revenue drop
Most airlines reported in their second-quarter earnings that overall revenue was up but cargo revenue was down, a result of...
IAG Cargo revenue down 28.5% YoY in H1
IAG Cargo, the cargo subsidiary of International Airlines Group, posted revenue of 603 million euros ($665.9 million) in the first...
Geodis H1 revenue down 12% YoY
Logistics provider Geodis saw its revenue decline to 5.9 billion euros ($6.5 billion), or 12% year over year, for the first...
DB Schenker outperforms pre-pandemic results in H1, despite revenue loss
DB Schenker, the logistics arm of Duetsche Bahn Group, posted $11.2 billion in revenue, a loss of 29% year over...
Dronamics co-founder Rangelov joins Air Cargo Tech Summit 2023
The Air Cargo Next editorial team is pleased to announce that Svilen Rangelov, co-founder and chief executive of Dronamics, will...
Synergie Canada implements Pledge emissions calculator
Climate-tech company Pledge is rolling out its carbon emissions measurement, reporting and offsetting solutions for freight forwarder Synergie Canada. Synergie...
