Latest news from Heavy Lift & Project Forwarding International Magazine

Flying start for Atlas Air

May 1 - For the three months ended March 31, 2015, Atlas Air Worldwide Holdings reported a net profit of USD29.23 million - up from USD11.3 million in Q1 2014.

Total revenue for the Q1 2015 increased to USD444.85 million from USD403.36 million a year previously.

"We are off to a very good start in 2015 and look forward to a strong year," said William J. Flynn, president and ceo. "As a result, we now expect our full-year results to increase significantly compared with 2014."

Atlas Air saw significantly higher revenues from its charter division, reflected by improvements in commercial and military air cargo and passenger demand, increased aircraft utilisation, and a reduction in heavy-maintenance expense.

The company's ACMI and dry leasing sectors also reported increases in revenues and profitability.

Heavy Lift | News

MACS appoints UAL America as agent thumbnail image

MACS appoints UAL America as agent

April 23 - MACS Maritime Carrier Shipping has appointed Universal Africa Lines, America (UAL America) as its sales agent in Texas, effective June 1, 2019.
Views: 142
EU recognises Scheuerle and Kamag thumbnail image

EU recognises Scheuerle and Kamag

April 23 - The EU Commissioner for budget and human resources, Günther Oettinger, congratulated TII Group for a combined 200 years of innovation and competence at its subsidiaries, Scheuerle and Kamag.
Views: 163
Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 321
Crowley promotes Sandra Goranovic thumbnail image

Crowley promotes Sandra Goranovic

April 22 - Crowley Maritime has appointed Sandra Goranovic as vice president of finance and accounting for the Crowley Shipping business unit.
Views: 336

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