Latest news from Heavy Lift & Project Forwarding International Magazine

Lufthansa Cargo charter arm comes to aid of parent's bottom line

March 29 - Lufthansa Cargo Charter Agency has come to aid of parent company Lufthansa Cargo with a doubling of profits last year despite the loss of a third of revenue.

That was the message at the company's recent Frankfurt press conference as parent company Lufthansa Cargo announced record losses of €171 million (USD229 million) for its 2009 financial year.

Business activity for the charter arm was strong for three main reasons: international charter activities are gaining momentum as there is a noticeable shortage of uplift in some markets; shippers are moving to replenish stocks and inventories in RDCs around the world; and crises in Haiti and Chile have required urgent maindeck activity.

Heavy Lift | News

USA ends steel and aluminium tariffs on Canada and Mexico thumbnail image

USA ends steel and aluminium tariffs on Canada and Mexico

May 24 - The USA is removing steel and aluminium tariffs imposed on Canada and Mexico under Section 232 of the Trade Expansion Act of 1962, with all retaliatory tariffs on US goods and any pending litigation also coming to an end.
Views: 450
Maxim names duo for Pacific Northwest thumbnail image

Maxim names duo for Pacific Northwest

May 24 - Maxim Crane Works has appointed Travis Wilt and Alex Clark to lead the expansion of its services in the Pacific Northwest region of North America. 
Views: 454
PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
Views: 407

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