Danx Carousel continues expansion with LPR takeover
Time-critical logistics firm Danx Carousel has continued with its expansion programme through the acquisition of Germany-based LPR Group
KF Aerospace to update Purolator's BCFN freighter fleet
Canadian express and logistics firm Purolator has renewed its contract with KF Aerospace for the operation of its British Columbia feeder network (BCFN) in a deal that includes the deployment of more modern aircraft.
SF Holding raises $749m with 'flat' Hong Kong listing
Chinese express giant SF Holding raised $749.3m in a listing on the Hong Kong Stock Exchange that will be used to fund plans to expand internationally.
DHL Global Forwarding sees Q3 airfreight revenues rise but profits under pressure
DHL Global Forwarding saw its air cargo volumes and revenues rise in the third quarter led by trades out of Asia but gross profits came under pressure due to rising rates.
WestJet Cargo to launch time-sensitive Priority service
WestJet Cargo plans to launch a Priority product for time-sensitive shipments that gives top priority for loading and transport, guaranteeing that shipments travel on specific flights.
UPS profits and revenues improve in Q3
UPS registered improvements in its revenues, operating profits and net profits in the third quarter of the year as volumes returned to growth.
Incendiary device revealed to have been found in UK parcel network
It has been revealed that a shipment containing an incendiary device found its way into DHL's UK parcel network and caught fire in July, with the incident under investigation by the country's counter-terrorism police.
DHL Express links Hong Kong and Jakarta
DHL Express is introducing new freighter flights between Hong Kong and Jakarta to cater for growing demand.
DHL Group reveals new strategy to drive revenue growth
The DHL Group is aiming to grow revenue by 50% by 2030 through a series of initiatives across its various divisions.
FedEx lowers outlook as profits slide
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, customers opted for less expensive delivery services and operating costs were on the rise.
Qatar Cargo adds a range of product upgrades
Qatar Airways Cargo has launched a set of solutions that can be added to existing cargo products.
Cathay Cargo continues product update with courier upgrade
Cathay Cargo has added piece-level tracking to its express courier service as the airline continues to update its service offering.
Proposed ban on 777s at Brussels is withdrawn
The proposed ban on the operation of Boeing 777 aircraft at Brussels Airport at night has been withdrawn by Belgium's transport minister.
Leipzig/Halle Airport operator renegotiates deal with DHL
Leipzig/Halle Airport airport operator Mitteldeutsche Flughafen AG (MFAG) has reached an agreement on the extension of its contract with DHL which will see the express carrier pay higher landing fees at its largest hub, people familiar with the matter told Air Cargo News sister title DVZ.
UPS Q2 profit down 30% YoY
Volumes posed a challenge for UPS in the second quarter of this year, though results were bolstered slightly by the performance of the supply chain solutions division.
LATAM Cargo transports Chile's first fresh salmon shipment to Australia
LATAM Cargo has transported Chile's first-ever salmon shipment of fresh, chilled salmon fillets to Australia.
Emirates SkyCargo joins -15C club for perishable transport
Emirates SkyCargo has joined the Move to -15°C coalition that aims to reduce supply chain emissions by cutting the temperature perishables are transported.