Chris
Lufthansa Cargo says it achieved the best result in its 26-year history in the 2020 financial year. Revenue rose by 11% to €2.76 billion euros, while adjusted earnings before interest and tax rocketed almost out of sight, from €1m to €772 million. Average load factor improved by 7.8% to 69.1% but cargo capacity shrank by 36%.
Paradoxically, though, Lufthansa Cargo lost market share, chief executive Dorothea von Boxberg told an ...
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Just a day after the Budget and the unveiling of the first eight freeports in England, Prime Minister, Boris Johnson and the Chancellor, Rishi Sunak visited Teesport, one of the successful bidders, on 4 March.
Frans Calje, chief executive of operator PD Ports, thanked the Government for the opportunity to create ...
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European parcels giant DPD says its revenue grew 42% during the Covid crisis. Publishing its 2020 results, it said its takings hit £11 billion, with 1.9 billion parcels delivered worldwide, or 7.5 million a day. Profits doubled to €800 million. DPD Group said that Covid 19 led to an unexpected ...
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Netherlands-based Wholesale by Vels has signed a partnership with fellow wholesaler Consol Alliance to develop trade air cargo business on the Europe-Australia route. It will initially operate weekly, trade-only unitised airfreight consolidations from Amsterdam Schiphol to major Australian airports on premium carriers. Frequency is expected to increase over the coming ...
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Logistics UK’s policy manager for Northern Ireland, Seamus Leheny has welcomed the government’s announcement that it would extend the grace periods relating to border checks on SPS agri-food goods, originally set to expire after 31 March.
He said: “We are pleased the government listened to the advice we shared with Rt Hon Michael Gove MP and European Commission vice president Maroš Šefčovič at ...
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The Chancellor has chosen eight locations for the first freeports in England in today’s Budget.They are: East Midlands Airport, Felixstowe/Harwich, Liverpool, Humber, Plymouth, Solent, Thames and Teesside.
However the British Ports Association said more designations could be needed elsewhere to prevent regions losing out. BPA chief executive Richard Ballantyne, described them ...
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The Multimodal freight conference and exhibition has been postponed again – to 19-21 October.
The event at Birmingham NEC was originally planned for June 2020 but has been repeatedly postponed, due to the Covid-129 crisis.
However, it says that it is now “committed” to the new dates for the free-to-attend networking and ...
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Air cargo demand returned to pre-Covid levels in January 2019 for the first time since the onset of the crisis, said the International Air Transport Association (IATA) in its latest figures. January demand also showed strong month-to-month growth over December 2020 levels, it added. Global demand was up 1.1.% compared ...
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Antwerp was visited by its deepest draught vessel ever when the MSC Regulus, drawing 15.7 metres entered the port on Sunday 28 February. The trial was part of a programme that will see the draught incrementally increased from 15.5 metres to 16 metres – part of a plan to ensure ...
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MSC’s European logistics arm Medlog is offering a rail and sea link between Turkey and the UK. It uses a train service from Omerli in Istanbul’s industrial zone to Tekirdağ, about 100 miles west of the city on the Sea of Marmara, with an eight-day sea leg thereafter to Felixstowe, ...
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