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Freightweek news update Week 45

DUBAI: November 12, 2017. Emirates has ordered 40 B787-10 aircraft valued at US$15.1 billion (AED 55.4 billion) for delivery beginning in 2022. Read more: EK_order.pdf

BONN: November 09, 2017. Deutsche Post DHL has reported a 5.6 percent increase in Q3 revenue to €14.6 billion; a 10.5 percent rise in EBIT to €10.2 billion and a net profit of €641 million – up 3.7 percent over the same period last year. Group revenue for the first nine months rose 5.8 percent to €44.33 billion and led to a 4.3 percent increase in net profit of €1.8 billion. Read more: DPDHL_Q32017.pdf

DUBAI: November 09, 2017. Emirates Group has reported a 6.0 percent increase in H1 2017/2018 revenue to AED49.4 billion, and a 77 percent rise in net profit to AED 2.3 billion, due to "capacity optimization and efficiency initiatives, easing of [a] strong US dollar, and steady business growth". Cargo volume rose 5.0 percent year-on-year. Read more: EK_H1_2017.pdf

SEATTLE: November 08, 2017. EVA Air has taken delivery of the first of five B777 freighters. The airline plans to put the aircraft in service on routes between Asia and North America in late November. Read more: EVA.pdf

BNSF Q3VIENNA: November 08, 2017. Pan-European rail specialist VTG Rail Logistics has successfully completed the first of a regular heavy haul train service from Hungary via Croatia and Slovenia to Italy. Read more: heavyhaul.pdf

ADDIS ABABA: November 08, 2017. Ethiopian Airlines is to begin a B787 service to Buenos Aires five times a week on March 08, 2018. Read more: Argentina.pdf

SEATTLE: November 07, 2017. Expeditors International has reported a 10 percent rise in Q3 net revenue to US$599 million; a 12 percent increase in operating income to US$186.9 million and net profit of US$120.2 million – up 12 percent year-on-year. Nine month net revenue was US$1.69 billion and net profit was US$322.4 million. Read more: EXPD_Q3.pdf

WILMINGTON, OH: November 06, 2017. The Air Transport Services Group (ATSG), which provides ACMI and logistics support to Amazon Fulfillment Services, has reported a net loss of US$76.6 million on revenue of US$745.3 million for the first nine months of 2017. Read more: ATSGQ3.pdf

FORT WORTH, TX: November 06, 2017. Burlington Northern Santa Fe Railroad reports a 3.0 percent rise in Q3 revenue to US$5.3 billion; a 4.0 percent rise in operating income to US$1.9 billion and net income of US$1.04 billion – up 2.0 percent year-on-year. Read more: BNSF_Q3_2017.pdf

BROWARD COUNTY, FL. November 06, 2017. The first import shipment of Colombian Hass avocados has arrived in the U.S. at Port Everglades. Read more: avocados.pdf

DUBAI: November 06, 2017. Aramex reports a nine percent increase in Q3 revenue to AED1.14 billion and a 13 percent rise in net profit to AED81.6 million compared to the same period last year. Read more: aramexQ3.pdf

ATLANTA: November 06, 2017. The UPS Foundation is awarding US$2.6 million to nonprofit organizations focused on renewable energy sources. Read more: US2.6million.pdf

KUWAIT: November 05, 2017. Global logistics provider Agility has reported a 15 percent rise in Q3 revenue to KD358.5 million; an 18.3 percent increase in EBITDA to KD34.2 million and a net profit of KD17.8 million – a 17.4 percent rise year-on-year. Read more: AgilityQ3.pdf

More News

Written on 18/01/2018, 21:36
jd-com-signs-deals-with-vietnam-and-franceBEIJING: January 15, 2018. JD.com, China's largest retailer, is to become a major shareholder in Vietnam's B2C e-commerce platform Tiki.com following the...
Written on 18/01/2018, 17:43
record-port-volume-for-south-carolinaCHARLESTON, SC: January 17, 2017. The South Carolina Ports Authority (SCPA) handled a record 2.2 million TEU in 2017, resulting in a nine percent growth...
Written on 17/01/2018, 23:18
fedex-trade-networks-to-include-ecommerce-and-specialty-logisticsMEMPHIS, January 16, 2018. FedEx Corporation is combining its specialty logistics and e-commerce solutions in a new organization under its FedEx Trade...
Written on 17/01/2018, 22:25
singapore-and-kuehne-nagel-to-invest-in-advanced-logistics-technologySINGAPORE/SCHINDELLEGI, Switzerland: January 15, 2018. Singapore sovereign investor Temasek has signed an MoU with Kuehne + Nagel to invest in early stage...
Written on 16/01/2018, 22:59
freightweek-news-update-week-03-2018LANGHORNE, PA: January 19, 2018. va-Q-tec, a provider of thermal packaging solutions for temperature controlled transportation, has opened a North...
Written on 13/01/2018, 15:10
freightweek-news-update-week-02-2018HOLZWICKEDE: Germany: January 12, 2018. The Rhenus Group has acquired Brazilian import broker Pirâmide SeaAir Comércio Exterior with offices in São...
Written on 10/01/2018, 23:01
fedex-opens-new-shanghai-hubHONG KONG, January 8, 2018. Federal Express has officially opened its 134,000 sq.mt. cargo hub at Shanghai Pudong International Airport to support 66...
Written on 10/01/2018, 22:55
dp-world-to-continue-us-1-billion-annual-investmentsDUBAI: January 08, 2018. DP World invested US$1 billion in global trade services, supply chain diversification and smart technology last year. The...
Written on 09/01/2018, 23:18
turkish-airlines-adds-to-b777-freighter-fleetSEATTLE: January 08, 2017. Turkish Airlines has ordered three more B777 freighters with a list price of approximately US$300 million each. The new order...
Written on 09/01/2018, 22:41
brussels-reports-best-traffic-in-a-decadeBRUSSELS: January 08, 2018. Brussels Airport finished 2017 with an 8.3 percent increase in air cargo traffic compared to 2016 with a total of 535,634 tons...
Written on 05/01/2018, 18:46
dunkerque-added-to-central-america-reefer-serviceCURACAO: January 04, 2018. Specialist reefer and bulk cargo carrier StreamLines has begun a new weekly service linking Central America, the Caribbean,...
Written on 04/01/2018, 22:29
swisslog-provides-automated-pharma-facility-for-kuehne-nagelBUCHS, Switzerland: January 03, 2018. Swisslog, a specialist in warehouse automation and robotics, is implementing a 'high-bay' warehouse at Möhlin in the...
Written on 03/01/2018, 23:56
block-train-helps-maersk-line-expand-in-nepalMUMBAI: January 03, 2018. Responding to a Nepalese import market that has doubled in the past five years, Maersk Line says it wants to increase its block...
Written on 02/01/2018, 18:27
freightweek-news-update-week-01-2018DOHA: January 07, 2018: Qatar Airways Cargo operated 14 B777 freighter flights to carry 1,400 tonnes of cherries from Santiago, Chile via Doha to Shanghai...
Written on 30/12/2017, 20:41
freightweek-news-update-week-52DUBAI: December 30, 2017. Emirates SkyCargo reports carrying 2.5 million tonnes of airfreight in 2017 and a 38 percent growth in pharmaceutical traffic...
Written on 18/12/2017, 17:30
freightweek-news-update-week-51AMSTERDAM: December 22, 2017. Hutchison Ports has acquired a 50 percent stake in TMA Logistics, with three locations in Amsterdam and one in Antwerp as...
Written on 15/12/2017, 22:46
tx-logistik-buys-40-bombardier-locomotivesTROISDORF, Germany: December 14, 2017. Italian rail company TX Logistik has signed a purchase and maintenance contract with Bombardier Transportation for...
Written on 15/12/2017, 21:57
turkish-airlines-signs-airport-transfer-dealISTANBUL: December 14, 2017. Turkish Airlines has signed a consulting contract with Munich Airport International (MIA) to help facilitate the transfer of...
Written on 15/12/2017, 19:59
xeneta-to-add-air-to-ocean-rate-platform-in-2018OSLO: December 14, 2017. Ocean rate platform Xeneta is adding air cargo rates to a product suite that it says will "bring fresh levels of transparency to...
Written on 15/12/2017, 17:34
cargolux-gets-the-measure-of-wind-farmsLUXEMBOURG: December 15, 2017. Cargolux and Globaltrans Internationale Logistik have delivered two wind measuring buoys for two 2.8GW capacity wind...

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