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Aeromexico Cargo inaugurates route between Wuhan, Mexico

Aeromexico Cargo recently inaugurated a direct route between the Wuhan-Tianhe International Airport and the Mexico City International Airport for exclusive cargo transportation. This was celebrated at an event held at Wuhan airport, in the presence of the Mexican Ambassador to the People's Republic of China, airport authorities and airline business partners. The route will be operated with Boeing 787-9 Dreamliner aircraft, which has a load capacity of more than 30 tons ... [+]

Hapag-Lloyd shows strong start to the year in Q1

Hapag-Lloyd has concluded the first quarter of 2021 with earnings before interest, taxes, depreciation and amortization (EBITDA) of roughly $1.9 billion (approximately EUR 1.6 billion). Earnings before interest and taxes (EBIT) rose to roughly $1.5 billion (approximately EUR 1.3 billion). The Group net result improved ... [+]

Port of Oakland trade boom

As global trade booms, the container shipping industry is introducing another new vessel service at the Port of Oakland. The Port announced that Taiwan-based Wan Hai Lines launched its weekly AA5 Service here last month. The route links three ports in China and one in ... [+]

Boeing Expands Capacity for 737-800BCF

As express and e-commerce markets continue to drive strong demand for production and converted freighters, Boeing announced on May 5 a new partnership with a Costa Rica-based maintenance, repair and overhaul (MRO) provider to create additional conversion capacity for the 737-800 Boeing Converted Freighter. Boeing will ... [+]

IAG Cargo reports strong Q1 revenues

IAG Cargo, the cargo arm of International Airlines Group (IAG) reports its Q1 financial results with cargo markets still impacted by the pandemic. Revenues of €350 million were achieved from January 1 to 31 March 2021; an increase of 50% at constant currency versus the same ... [+]

ACL Enhancing Refrigerated Operations

Gaining new operational advantages and efficiencies for its refrigerated shipping operations, Atlantic Container Line (ACL) is acquiring 150 new containers equipped with Carrier Transicold PrimeLINE® refrigeration units featuring the Lynx™ Fleet digital solution. ACL, which is part of the Grimaldi Group, is adding the new ... [+]

Air cargo volumes bounce back in April

Global air cargo demand bounced back into growth in April after a -3% dip in March, with high load factors keeping the international airfreight system under significant strain as the traditional surge in summer capacity has so far failed to materialize for a second consecutive ... [+]

Atlas Air Worldwide Reports Strong First-Quarter 2021 Results

Atlas Air Worldwide Holdings, Inc. announced first-quarter 2021 net income of $89.9 million, compared with $23.4 million in the first quarter of 2020. On an adjusted basis, EBITDA rose to $181.3 million in the first quarter of 2021 compared with $121.2 million in the ... [+]

Cinco de Mayo boosts avocado demand from Mexico

A recent study shows that in March 2021, avocado imports to the US from Mexico are up 61% compared to the same month last year. Of course, this is driven by the Cinco de Mayo holiday on May 5, but this type of increase ... [+]

New Stockholm Norvik Port export volumes

Exports via the Stockholm Norvik Port container terminal continue to rise. The shortage of empty containers in Sweden, and in other parts of the world, has created other export routes. The unique access to empty containers at Stockholm Norvik has led to more and more ... [+]

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