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Freightweek news update Week 30

SINGAPORE July 27, 2017. Singapore Airlines reported an operating profit of S$281 million for its second quarter ending June 30 on revenue of S$3.8 billion. Cargo profit was S$6 million. Read more: Sing.Q2_2017.pdf

ATLANTA: UPS reported an operating profit of US$2.2 billion on revenue of US$15.7 billion for Q2 2017. Read more: UPS_Q2_2017.pdf

LONDON: July 28, 2017. Clipper Logistics has reported a 20.6 percent rise in net profit to £12.5 million for its financial year ending April 30, 2017 on a 17.2 percent increase in revenue to £340.1 million. Read more: 2016_results.pdf

COSCO DevelopmentLONDON/MADRID: July 28, 2017. IAG Cargo has reported commercial revenue of €260 million for its 2017 second quarter ending June 30 - an increase of 7.6 percent year-on-year. Read more: Q2_comments.pdf

ATLANTA: July 27, 2017 – Delta Air Lines has named Shawn Cole, Vice President of Delta Cargo. Read more: Delta_VP_cargo.pdf

STANS/KEMPTEN: July 27, 2017. Logistics provider Dachser is investing some 6.5 million euros in a new 20,000-square-meter facility in Stans in Tyrol, Austria. Read more: austria.pdf

VALETTA: July 26, 2017. Malta Freeport Terminals has added a new weekly service linking major ports in India, Pakistan, Eastern Mediterranean and the Gulf. Read more: malta_link.pdf

DUBAI: July 25, 2017. Eniverse Technologies, a Dubai based technology group, and Skycart, a San Francisco-based drone company, plan to launch a delivery service in the emirate. Read more: Dubai_drones.pdf

LONDON: July 26, 2017. Pegasus Airlines increased its ancillary revenue from 10.1 percent of total revenue five years ago to 22 percent last year. Read more: Top_10_Airline_Ancillary.pdf

LONDON/MADRID: July 26, 2017. IAG Cargo says its 'Constant Climate' pharma shipments can now fly under its 'Critical' highest priority service. Read more: Constant_Climate.pdf

DUBAI: July 25, 2017. DP World handled 34.0 million TEU across its container terminals in the first half of 2017, an 8.2 percent year-on-year increase. Read more: DP_World_H1.pdf

SAVANNAH, GA: July 24, 2017. At its July board meeting the Georgia Ports Authority reported record fiscal year results and approved the purchase of six new ship-to-shore cranes. (Pictured: COSCO Development at Savannah.) Read more: record_year.pdf

More News

Written on 16/08/2017, 22:16
descartes-acquires-macropoint-and-new-shareholderWATERLOO, ON: August 16, 2017. Descartes Systems Group is to acquire Cleveland, OH-based transport visibility network MacroPoint for US$107...
Written on 16/08/2017, 21:45
jebel-ali-ftz-gains-us-80-billionDUBAI: August 14, 2017. Jebel Ali Free Zone (Jafza) increased the value of its non-oil foreign trade by US$80.2 billion in 2016 with volumes rising 17...
Written on 16/08/2017, 20:46
wincanton-to-operate-from-dp-world-london-gatewayLONDON: August 16, 2017. Wincanton, one Britain's largest logistics companies, is to establish a truck base at DP World London Gateway's logistics park...
Written on 16/08/2017, 20:03
freightweek-news-update-week-33DUBAI: August 17, 2017. Emirates SkyCargo is rolling out a new white cover ULD solution developed in collaboration with DuPont. Read...
Written on 15/08/2017, 23:01
swiss-worldcargo-reorganizes-the-americasZURICH: August 15, 2017. The air cargo division of SWISS is to reduce its American organization from three to two regions effective October 01 covering...
Written on 10/08/2017, 14:58
zeaborn-now-owns-six-rickmers-line-shipsBREMEN/HAMBURG: August 07, 2017. The Zeaborn Group has acquired five 30,000dwt 'Superflex Heavy Lift' vessels from Rickmers Holding. The purchase price...
Written on 09/08/2017, 21:06
qatar-lifts-visa-requirement-for-latam-marketDOHA: August 09, 2017. Qatar Airways has introduced visa-free entry for citizens from 80 countries with those from the EU, Switzerland and Turkey allowed...
Written on 09/08/2017, 16:48
freightweek-news-update-week-32LONDON, Heathrow: August 12, 2017. To celebrate World Elephant Day and help stop illegal trade of wildlife, Heathrow has installed a pop-up interactive...
Written on 08/08/2017, 21:57
another-record-ebit-for-deutsche-post-dhlBONN: August 08, 2017. Deutsche Post DHL (DPDHL) has reported a 4.7 percent increase in net profit to €1.18 billion on a 5.8 percent rise in revenue to...
Written on 07/08/2017, 21:23
amazon-operator-atsg-to-add-a321-freighter-conversionsBEAVERTON, OR/WILMINGTON, OH: August 07, 2017. Conversion specialist Precision Aircraft Solutions (PAS) and Air Transport Services Group (ATSG) have...
Written on 03/08/2017, 20:14
cargo-still-challenging-despite-turnaround-says-lufthansaFRANKFURT: August 03, 2017. The Lufthansa Group has reported a 99 percent rise in pre-tax profit to €1.03 billion on a 12.7 percent increase in revenue to...
Written on 02/08/2017, 20:19
hong-kong-air-cargo-leases-atlasPURCHASE, NY: August 02, 2017. Atlas Air Worldwide Holdings (AAWH) has leased three B747-400 freighters under an ACMI contract beginning in September 2017...
Written on 02/08/2017, 19:27
dunkerque-to-power-brittany-ferriesDUNKERQUE: August 01, 2017. A month after signing an agreement to develop an LNG station to supply tank trucks, Dunkerque LNG and Total Marine Fuels...
Written on 01/08/2017, 16:53
revenue-gain-for-g-w-railroadDARIEN, CT: August 01, 2017. Railroad company Genesee & Wyoming (G&W) has reported an unchanged net income of US$75.4 million on a 7.6 percent...
Written on 01/08/2017, 14:48
freightweek-news-update-week-31KUWAIT: August 05, 2017. Global logistics provider Agility has reported a Q2 net profit of KD16.8 million on revenue of KD342.1 million, an increase of...
Written on 31/07/2017, 15:32
sohar-ocean-container-throughput-upSOHAR, Oman: July 31, 2017. The Port of Sohar and Freezone reports an 11 percent increase in container volume in Q2 2017 over the same period last year....
Written on 30/07/2017, 23:45
crowley-introduces-another-cuba-servicePORT EVERGLADES, FL: July 27, 2017. Crowley Logistics has begun a three times a month service to deliver "approved donated goods" from South Florida to...
Written on 28/07/2017, 17:53
u-s-europe-and-china-to-form-airline-supergroupPARIS/AMSTERDAM: July 27, 2017. The Air France-KLM Group is planning to increase its capital base by €751 million to help finance a new joint venture with...
Written on 27/07/2017, 16:18
sm-line-signs-intermodal-deal-with-union-pacificOMAHA, Nebraska: July 26, 2017. Union Pacific has signed a partnership agreement with SM Line for intermodal rail distribution from Pier A at the Port of...
Written on 26/07/2017, 19:26
sal-heavy-lift-joins-with-combi-liftBREMEN/HAMBURG: July 27, 2017. Shipowner Harren & Partner (H&P) is to purchase SAL Heavy Lift from the 'K' Line Group for an undisclosed...

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