Chris Lewis
UPS says its consolidated revenues were $24.9bn, a 7.8% decrease from the fourth quarter of 2022, according to its international earnings for Q4 2023, published on 30 January.
Consolidated operating profit was $2.5bn, down 22.5% compared to the fourth quarter of 2022, and down 27.1% on an adjusted basis.
UPS chief executive officer, Carol Tomé, said: 2023 was a unique and difficult year and through it all we remained focused on controlling ...
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Former transport company owner Matthew Kibble has delivered a series of three talks on behalf of international development organisation, Transaid, at the National Institute of Transport in Dar es Salaam.
Kibble’s talks focused on building his company, cost control, and buying and selling businesses – providing a fascinating insight into running ...
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Air cargo handling at Vienna Airport remained stable with more than 172,000 tons handled by cargo or passenger aircraft in 2023. The main Austrian gateway said this was a 2% increase compared to 2022.
More belly capacity was available again in 2023 and the segment was able to grow significantly and ...
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Etihad Cargo has achieved IATA Centre of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification. The carrier is the third Middle Eastern airline to attain this certification and only the fifth globally to achieve CEIV Pharma, Fresh, Live Animals and Li-batt certifications. CEIV Li-batt certification is a globally recognised ...
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Turkish Cargo is offering three new pharma services in its portfolio - TK Pharma Standard, TK Pharma Extra and TK Pharma Advanced.
TK Pharma Standard enables temperature-sensitive cargo to be shipped in compliance with the industry requirements, benefiting from expert handling, high priority for loading, dedicated temperature-controlled storage, trained dedicated operations ...
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The Port of Gothenburg said that 2023 was the best in its 403-year history, despite geopolitical unrest and economic slowdown. Volumes increased in most cargo segments and a total 914,000 TEU were handled, a growth of 3% compared to the previous year and 16,000 more containers than the port's previous ...
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Hapag-Lloyd recorded a significant decrease in earnings in the 2023 financial year in its preliminary and unaudited figures. Group EBITDA earnings stood at US$ 4.8 billion (€4.5 billion), and the Group EBIT experienced a year-on-year decrease, to $2.7 billion (€ 2.5 billion). This can largely be attributed to lower freight ...
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Logistics UK is calling on the government to clear up the confusion after it indicated that fresh fruit and vegetables are to be reclassified as “medium risk” goods for border inspections.
Speaking ahead of the introduction of the first stage of the Border Target Operating Model (BTOM), which will see ...
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Haropa, the port authority for Le Havre, Rouen and Paris, said today (Monday 29 January) that total traffic fell 4.5% in 2023 to 81.3m tonnes, which was in line with ports in the range. Containers were down 15% to 2.6m teu, due to disruption in China, the economic slowdown and ...
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Freight software firm Agency Sector Management (ASM) has David Baker, Stuart Campey, and Dave Allen to its board of directors.
David Baker is managing director at The George Baker Group, bringing more than 18 years of customs brokerage; Stuart Campey has been chief executive Customs Clearance Ltd for the last decade; ...
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