Gary G Burrows
In FY 2022, Lufthansa Cargo once again exceeded its result from the previous year. Revenue rose by 22%to 4.6 billion euros (previous year: 3.8 billion euros), while adjusted EBIT amounted to 1.6 billion euros (previous year: 1.5 billion euros). Overall, sales of 7.2 billion freight ton kilometers were similar compared to the previous year (7.2 billion). Average capacity utilization decreased by 9.9 percentage points year-on-year to 61.1 percent, while the ...
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Tradepoint Atlantic, a 3,300-acre global multimodal logistics hub and industrial center, announced that the Port Tampa Bay’s Board of Commissioners approved a lease agreement with Tradepoint Tampa for 35 acres of land to build a new trans-load warehouse distribution facility. Under the terms of a 40-year lease agreement, Tradepoint Tampa ...
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Governor Wes Moore today announced that ZIM Shipping Lines, a major customer at Maryland’s Port of Baltimore, is doubling its service to the state, increasing its E-commerce Baltimore Express frequency from bi-weekly to weekly, beginning at the end of February. ZIM will also increase the size of its ships coming ...
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Port Houston container volume dipped in January. Container TEUs decreased by 1% compared to last January, with 319,990 TEUs for the first month of 2023, down 3,437 TEUs from the same period in 2022. Loaded imports were down 6%, but total imports, including empty import containers, were up 5%, buoyed ...
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DSV delivered a strong result for 2022, driven by good performance across all our business areas. In 2022, gross profit increased by 33%, while EBIT before special items grew by 48% and adjusted free cash flow more than doubled compared to 2021. Air & Sea achieved a 53% increase in EBIT ...
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February is the month of the world’s four most prominent Fashion Weeks. As an established fashion logistics expert, Challenge Group is actively involved, transporting top designer pieces across the world.
10:00 on a Monday morning in Milan, Italy. A well-known designer label has just completed a final, last-minute collection which is ...
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By the end of 2022, GEODIS had received the IATA CEIV Pharma certification in 7 additional sites in EUROPE on top of the already existing site in Amsterdam, Netherlands.Having this certification ensures that facilities, equipment, operations and staff comply with the appropriate applicable standards, guidelines and regulations expected from a ...
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DHL Express announced the launch of GoGreen Plus, a new service that will allow customers to reduce the carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel (SAF). This is a first for global express carriers, and will initially launch in the UK, shortly followed by ...
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Orient Overseas Container Line Ltd. (OOCL) introduced the first 24,188 TEU mega vessel to its fleet. The new vessel was officially named “OOCL Spain” at a ceremony held on February 16 in Nantong, China.The ship can carry up to 24,188 TEUs and has a total length of 399.99 meters and ...
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Saudia Cargo has officially awarded a landmark multi-station contract to Worldwide Flight Service (WFS), which significantly extends cargo handling services across major key airport gateways in Europe and the United States of America.The contract was formally signed by Teddy Zebitz, CEO of Saudi Cargo, and John Batten Executive Vice President ...
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