Lufthansa and AF-KLM blame weak Q1 cargo business for poor results
Both Lufthansa Group and AF-KLM Group specifically blamed cargo for glum overall Q1 performances, with ...
In yet more results, Echo Global Logistics announced a “breathtaking” fourth quarter, with revenues up 34.6%. For the year, it reported net income of $12.6m on gross revenue of $1.9bn compared with net income of $1.6m on gross revenue of $1.7bn in 2016. The company’s access to spot market truck capacity, it said, was helped by its acquisition of Command Transportation, while its proprietary technology was a “powerful engine for continued growth”. Transport Topics reports. You can see the results here.
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