Cargolux chief: 'I won’t drop prices to get tonnage' in a challenging 2019
“I expect 2019 to be rather more of a challenge,” said Richard Forson, chief executive and ...
Luxembourg, April 30, 2014. – In today’s Annual General Meeting, the shareholders of Cargolux Airlines International S.A. approved the audited financial statements for the financial year ended December 31, 2013.
2013 Highlights
␣ Cargolux earned a full year net profit of US$ 8.4 million compared to US$ 35.1 million net loss in 2012;
␣ Total revenues rose 14.4% to US$ 1,988.5 million from US$ 1,738.9 million in 2012.
Key Performance Indicators:
Tonnes sold increased 16.7% to 753,848 from 645,759 in 2012; ...
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
MSC Elsa 3 sinking – now the 'blame game' begins
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
News in Brief Podcast | Week 21 | GRIs and European port congestion
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
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Bad news for shippers as wave of transpacific rate increases continues
Shippers brace for rate rise as smart phones expected to drive air cargo market
Comment on this article