News in Brief Podcast | Week 17 | China-ship fees, supply and demand
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
In line with other carriers, IAG Cargo saw volumes and revenues fall in the first six months of the year.
Revenue from cargo at the group’s carriers, which include British Airways, Aer Lingus and Iberia, fell 6.9% to €503m on volumes down 13% to 375,000 tonnes.
Cargo tonne kilometres (CTKs) were up slightly, however, but revenue per CTK fell 8.5% to $0.19.
IAG Cargo CEO Drew Crawley said increased competition across all modes and downward price pressure would mean the carrier would continue to ...
European port congestion now at five-to-six days, and getting worse
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