Bolloré bounce boosts CMA CGM Q2 revenues, but job worries persist
CMA CGM Group has announced a “robust performance” in the second quarter, with revenues up ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
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.
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
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