UPS to cut 20,000 jobs in network reconfiguration
And so it starts. UPS, while announcing a better-than-expected profit, also enthused investors with its ...
Passengers – and consequently belly space – are back, according to Lufthansa’s financial results.
Last year, in the nine months to September, cargo produced about half the revenues of passengers; this year, logistics turnover accounts for about 22% of the combined passenger/cargo revenue.
Capacity, measured in available cargo tonne-km, rose 24% year on year, leading to a fall in load factors of 11.4 percentage points. Revenue cargo tonne km went up by just 4%. But capacity is still at 80% of pre-crisis ...
Maersk u-turn as port congestion increases across Northern Europe
Apple logistics chief Gal Dayan quits to join forwarding group
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'
Houthis tell Trump they will end attacks on Red Sea shipping
Transpac rates hold firm as capacity is diverted to Asia-Europe lanes
MSC revamps east-west network as alliance strategies on blanking vary
India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
Comment on this article