Shipping line fortunes may be looking up after a dire fourth quarter
The last three months of 2023 were some of the worst for liner shipping’s finances ...
Delta Airlines has reported its June results showing cargo revenue down by $2m, on the back of weakened yields, it said. It will be interesting to see how its cargo arm fares once its new structure is fully implemented, which will see cargo operations folded into passenger divisions. Overall operating profit for the carrier rose 17%, beating analysts’ expectations. Boeing, meanwhile, saw higher revenue following a rise in commercial sales.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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Comment on this article
John Batten
July 23, 2014 at 7:13 pmIt is an interesting gamble Delta are playing with here and one that is
doomed to fail. If the results are down USD 2.0m in such a short period
the passenger sales force who know nothing about cargo will achieve
greatness by the end of the year with revenues down USD 15.0m.
Don’t panic, passenger sales will blame the old cargo management and
the flawed business plan for the next 12 months and then hopefully senior
management will realise it was a dumb decision. The real test in this
exercise is do senior management have the guts to publicly say it was a dumb
move in the first place, I doubt it…
Regards,
BJ