UPS profit forecast falls short of estimates on global weakness
United Parcel Service Inc.’s profit outlook fell short of analyst estimates, held back by declines in global industrial production and spending to cope with soaring…
DHL invests $3.8 million to expand Cleveland facility, due to growth
DHL Express, the world’s leading provider of international express shipping services, has invested $3.8 million to expand its service center in Cleveland, Ohio.
Cargolux renews GDP certification
Cargolux Airlines has successfully passed its GDP (Good Distribution Practice) renewal audit. The full re-certification attests that the company’s management system fulfils the requirements of…
FedEx’s Smith promises 2020 rebound will prove him right again
Courier is allying with big-box retailers in Amazon market war.
FIS Air Freight Report
Prices ex.Shanghai to Europe in a surprising and sharp move, up 23 cents, dragging up the China to Europe lane by 13 cents (helped by…
LATAM Cargo Group opens new controlled-temperature cooler facility Brazil
New temperature-controlled cooler in Brazil will promote the export of perishables from South America
Aeroflot gains Level 4 NDC certification from IATA
Aeroflot has received Level 4 status under the New Distribution Capability (NDC) programme developed by IATA, the global airline association.
Atlas Air Worldwide announces ACMI placement with EL AL
Atlas Air Worldwide Holdings, Inc. today announced that its Atlas Air, Inc. unit and EL AL Israel Airline Ltd. have entered into an agreement that…
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