Contract logistics the star performer as DSV unveils mixed Q2 results
Contract logistics was the star performer in the second quarter for DSV, reveals the Danish ...
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
Turkish Cargo recorded 19% growth in cargo and mail volumes for the nine months to September, with revenue climbing 1% year-on-year.
Over the first three quarters of 2016 it carried 635,755 tonnes, up from 531,906 tonnes the year before. While domestic volumes grew 4.8%, accounting for 40,329 tonnes, it was the carrier’s international performance that accounted for most of the growth, up 20.7% year-on-year to 595,426 tonnes.
Figures released by the carrier showed that much of its freight business came from an upturn in bellyhold movements, with cargo carried on passenger aircraft accounting for $446m of its $712m revenue.
Alongside boosting its volumes, the carrier also welcomed an additional A330-220 freighter in October, with a second due for delivery in January.
The first nine months outperformed growth expectations of 13% for the full-year.
Comment on this article