Airfreight news – Page 36
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Profits stabilise at Panalpina
July 23 - Panalpina has reported revenues of CHF2.94 billion (USD3.08 billion) in the first six months of 2015 - down 8.9 percent over the same period of 2014 from CHF 3.23 billion (USD3.38 billion).
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PCN duo shine in solar project
July 16 - Members of the Project Cargo Network (PCN), Grand Arabia Forwarding and Fortune International Transport, have been awarded a logistics contract for the Shamsuna PV solar project in Aqaba, Jordan.
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Atlas Air adds to fleet
June 29 - Atlas Air Worldwide is making various fleet update initiatives in response to market demand and customer requirements.
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Logwin opens German duo
June 11 - Logwin has opened two new German offices at Halle/Leipzig airport and in Erfurt.
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Strong 2014 for Group7
June 8 - German logistics service provider Group7 generated a turnover of EUR78 million (USD87.3 million) in 2014 - a 13 percent year-on-year increase.
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Blue Water 'extraordinarily satisfied' with 2014 result
June 3 - Blue Water Shipping posted an 11 percent increase in turnover and an 80 percent increase in total profit in 2014, compared with 2013.
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Panalpina makes Egyptian buy
May 29 - Panalpina is to acquire its long-standing Egyptian agent, Afifi - a family-owned company specialising in freight forwarding, Customs clearance and logistics.
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Demand for freighter aircraft to keep growing, says ACMG
May 26 - According to Air Cargo Management Group's (ACMG) freighter forecast for 2015, the airfreight market will need around 125 new freighters per year to meet growth and replacement needs over the next 20 years.
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The Wednesday Wire - May 27th 2015
Your midweek round-up of news from the world of heavy lift and project forwarding.
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Panalpina adds Baku calls
April 28 - Panalpina is adding calls to Baku, Azerbaijan with scheduled chartered flights operated by Silk Way West Airlines and flying between Luxembourg and Shanghai.
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Crook resigns from DHL
April 27 - With immediate effect, Roger Crook has resigned as a member of the management board of Deutsche Post DHL Group and ceo of Global Forwarding, Freight.
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Steady start for Panalpina
April 23 - Swiss forwarder and logistics services provider Panalpina had a steady to start to 2015, reporting a consolidated profit of CHF19.6 million (USD20.31 million) in the first quarter of the year, up 10 percent over 2014.
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Globalink flies helicopters
April 9 - Globalink's airfreight division has handled the transportation of three helicopters from their manufacturing site in Donauw
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New partner for Air Partner
April 7 - Air Partner has entered into a strategic partnership with AirCargoGroup (ACG).
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ABC adds Vietnam to network
April 1 - AirBridgeCargo Airlines (ABC) is extending its global network to Vietnam with the launch of twice-weekly freighter services from Hanoi, beginning today, April 1.
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Agility posts profits
March 30 - Kuwait headquartered logistics services provider Agility posted a net profit of KD50.84 million (USD169.19 million) for its full financial year 2014 - a 10 percent year-on-year improvement over 2013.
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Lufthansa profits rise
March 20 - Lufthansa Cargo achieved an operating profit of EUR100 million (USD106 million) in 2014, which represents a significant increase for the airline when compared with 2013's EUR79 million (USD84 million).
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2014 'as expected' for Panalpina
March 6 - Panalpina's net forwarding revenue in 2014 remained stable at CHF6.7 billion (USD6.86 billion), compared with CHF6.75 billion (USD6.91 billion) in 2013, while gross profit increased by 2 percent year-on-year to CHF1.58 billion (USD1.61 billion).
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K+N sees continuous improvements
March 6 - Kuehne + Nagel posted a net turnover of CHF17.5 billion (USD17.93 billion), a 1.9 percent increase compared with 2013, while its gross profit rose by 0.5 percent to CHF6.28 billion (USD6.43 billion).