Air cargo news
Kuehne+Nagel Q4 earnings this week saw soaring airfreight rates support revenues for some freight forwarders in 2020 while other transport modes struggled, but volatility in rates, particularly in the spot market ex-Asia, could threaten gross profits in the months ahead.
Illinois-based freight forwarder AIT Worldwide Logistics acquired Germany-based Feige Forwarding in December 2020, and is utilizing the operational synergies gained to expand the scope of its trans-Atlantic airfreight consolidation service.
The traffic revenue generated by the cargo division of Lufthansa Group accounted for almost 30% of the group’s overall transport revenue in 2020, as Lufthansa Cargo posted a historic adjusted EBIT of 772 million euros ($924 million) while the group recorded a net loss of around $8 billion for the ye…
The most important point for every airline is to ensure sales and promotion of its unique brand in every market. The brand is composed of company culture, quality standards, own special features leading to individual product portfolio.
In today’s competitive environment the producers very often need to solve emergency situations affecting their regular supply chain material flow. Together with our partners we locate and position a dedicated aircraft capacity according to the customer’s requirements.
Except for the top-notch airlines in their home gateways, majority of carriers are dependant on their cargo handling agents, GHA for short. GHAs are responsible for accepting, storing and manifesting shipments for airlines' flights.
Sometimes more airlines are needed to make sure a shipment travels to the desired destination. Such cooperation is called interline and we like interlines a lot!