All Business articles
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NewsTariff uncertainty continues
Following the recent news that US President Donald Trump would put in place tariff exemptions for smartphones and other tech products imported from China
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NewsDachser revenues rise in 2024 but predicts a tough year ahead
Dachser’s air and sea division was the firm's star performer as market growth helped increase revenues by double-digit percentage levels
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NewsCMA CGM set to double its freighter fleet following Air Belgium takeover approval
CMA CGM’s takeover of Air Belgium’s cargo operations has taken a step forward after it gained approval for the deal, which includes a fleet of four freighters
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NewsMenzies' cargo volumes reach record levels in 2024
Menzies Aviation handled a record 2.4m tonnes of cargo at 71 locations in 2024, up 20% from 2m in 2023
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NewsK+N: Airfreight ‘very attractive’ and confident on regaining top spot
Kuehne+Nagel (K+N) has outlined a positive outlook for the air cargo market based on growing demand, market volatility and capacity constraints
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NewsANA’s takeover of Nippon Cargo Airlines delayed until May
ANA Holding’s takeover of freighter operator Nippon Cargo Airlines has been pushed back until May as the airline awaits regulatory approval
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NewsCMA CGM bids for Air Belgium’s cargo operations
CMA CGM has submitted a bid for the cargo business of Air Belgium following a court decision to revoke Air One Belgium’s takeover
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NewsArgentinian ground handler Intercargo set to be privatised
Argentinian state ground handling company Intercargo S.A.U will be privatised and sold following government concerns about its financing and operations
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NewsAir One Belgium to appeal Air Belgium Cargo takeover decision
Air One Belgium will appeal a court decision to end its proposed takeover of the cargo business of financially troubled Air Belgium
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NewsCathay Pacific cautious but optimistic on cargo following strong 2024
Cathay Pacific saw cargo revenues, volumes and yields increase last year, although the company is “cautiously monitoring” the impact of geopolitical developments
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NewsAir Belgium cargo sale falls flat
Plans for the sale of Air Belgium’s cargo business have fallen apart after a court revoked the takeover process
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NewsAir France KLM Cargo sees volumes rise but revenues fall
AFKLMP saw its revenues decline in 2024 despite cargo traffic and volumes improving due to limited exposure to the fast-growing Asia market.
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NewsDHL airfreight volumes up 6.8% in 2024
DHL’s airfreight volumes climbed in the fourth quarter due to regular peak season business as well as additional Red Sea and e-commerce demand
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NewsLufthansa Cargo boosted by extra capacity and e-commerce in 2024
Lufthansa Cargo saw its revenues and profits increase last year thanks to additional freighter capacity and e-commerce volume growth
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NewsWiseTech back on the acquisition trail with Opentecnología deal
WiseTech Global has entered into an agreement to acquire Opentecnología, a customs and logistics technology business specialising in customs solutions
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NewsK+N sees air volumes climb but profits slide in 2024
Kuehne+Nagel registered an increase in airfreight volumes last year despite “challenging market conditions” but operating profits for the division came under pressure
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NewsEtihad Cargo volumes and revenues on the up in 2024
Etihad Cargo registered double-digit percentage improvements in both its revenues and profits last year as it added bellyhold capacity
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NewsExpeditors expects disruption in 2025 after strong Q4 for airfreight
US freight forwarder Expeditors reported a strong end to the year for its airfreight business but added it has limited visibility for the year ahead
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NewsDB Schenker concludes air cargo cartel claims
DB Schenker has finalised its claims against airlines in the long-running case related to an alleged air cargo cartel
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NewsSG Holdings acquires top 20 airfreight player Morrison Express
Japan’s SG Holdings has acquired top 20 airfreight forwarder Morrison Express as it looks to expand its presence in the forwarding market