Carriers hunt e-commerce volumes as China-UK air freight capacity jumps
Traders will see increased cargo capacity between the UK and China as demand, especially for ...
Shares in Atlas Air rose 13% yesterday as it announced a 6.9% rise in operating revenue – equating to net income of $0.32 per share. But, as Cargo Facts points out, on a reported basis, net income fell 60% in the first quarter. Adjusted earnings per share of $0.45 in 1Q14 excluded a special charge of $0.13 per share, mainly related to its UK “affiliate”, Global Supply Systems Limited.
More interesting, perhaps, is the merry-go-round happening in the Atlas fleet. With ...
MSC Elsa 3 sinking – now the 'blame game' begins
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
Congestion fear as US west coast ports brace for transpacific cargo surge
Bad news for shippers as wave of transpacific rate increases continues
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Schenker's Shirley Sharma Paterson moves to K+N as global head of sales
Comment on this article