Business
In the first half of 2021, GEODIS achieved revenues of €4,865 million, up +21% compared to 2020 at constant exchange rates and scope of consolidation, resulting from sustained activity recorded in all the Group's business lines and regions.o EBITDA of €458 million, up by more than 60%.o The amount of operating cash flow has enabled the Group to finance acquisitions while reducing net financial debt compared to June 2020 (-€123 ...
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XPO Logistics, Inc. announced its financial results for the second quarter 2021. Revenue increased to $5.04 billion for the second quarter, compared with $3.50 billion for the same period in 2020. Net income attributable to common shareholders was $156 million for the second quarter, compared ...
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The International Air Transport Association (IATA) released data for global air cargo markets for June showing a 9.9% improvement on pre-COVID-19 performance (June 2019). This pushed first half-year air cargo growth to 8%, its strongest first half performance since 2017 (when the industry posted 10.2% ...
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CMA CGM Group announces that TradeLens subscribers now have the possibility to retrieve booking information, visibility on their container tracking as well as B/L data for all the CMA CGM group carriers.TradeLens is the world’s largest containerized freight blockchain platform. With TradeLens, CMA CGM offers ...
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Freightify, a startup that refers to itself as the “Shopify for maritime freight,” has secured $2.5 million in pre-Series A funding to help the company with its ocean rate management platform.In 2020, The company, originally known as FreightBro, became the first platform to integrate into ...
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The Jacksonville Port Authority (JAXPORT) recorded strong container and vehicle volumes during the first three quarters of Fiscal Year 2021. During this time, JAXPORT moved more than one million containers, a 15 percent increase over the same period last year. JAXPORT’s fiscal year runs Oct. ...
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LATAM Airlines has awarded Worldwide Flight Services (WFS) a cargo handling contract extension at Barcelona Airport.Having initially appointed WFS in Barcelona in 2018, LATAM has now signed a new three-year agreement for WFS to handle cargo onboard its Boeing 767 operations carrying import and export ...
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La Compagnie, the 100% SMART BUSINESS CLASS airline, has appointed Worldwide Flight Services (WFS) to support its first-ever venture into the air cargo market.It has awarded WFS a three-year contract to handle cargo onboard its Airbus A321LR services from Paris Orly to New York’s Newark ...
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After a first commitment taken by Bolloré Logistics to cover at least 60% of its 2021 traffic with Air France KLM Cargo (AFKLMP Cargo) flights between CDG and JFK by SAF, enabling a global CO2 reduction of 50%, its subsidiaries Bolloré Logistics USA and Mexico ...
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The Port of Corpus Christi ended June 2021 with a new record quarter and a record first half of the year, moving nearly 80.5 million tons of cargo in the first six months of the year.The Port’s first-half 2021 total tonnage yielded a 4.7% increase ...
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