IAG Cargo’s strategy of setting up a scheduled cargo network of passenger-freighters while the majority of its aircraft were grounded, has paid off.
It has announced that commercial revenues grew 33.1%, at constant currency, to €369m ($437.6m) from 1 April …

Disruption at Canada’s port of Montreal has stretched into a fifth day – as longshoremen ended a four-day industrial action yesterday, port checkers launched a one-day strike this morning.
The timing of the actions was designed to create maximum impact, …

Asia Pacific scheduled freighter services are on the road to recovery, according to AirBridgeCargo (ABC), with the airline still anticipating a peak season.
Eric Lamare, ABC’s director of scheduled cargo operations for Asia Pacific, said while any forecast was “sensitive” …

The relationship between Denmark’s DSV Panalpina (DSV PAN) and its growing pool of investors is still just like the one between parents and spoiled kids.
Trouble is, no matter what and how much you give them, they always want more.…

The times they are a changin’, when companies can report double-digit falls across their financials and still boast a ‘solid’ quarterly performance. 
This week, CH Robinson, announced Q2 results with a headline 11.6%, drop in net revenues to $614.5m, and …

SEEKING ALPHA reports:
– XPO Logistics (NYSE:XPO): Q2 Non-GAAP EPS of -$0.63 beats by $0.14; GAAP EPS of -$1.45 misses by $0.65.
– Revenue of $3.5B (-17.5% Y/Y) beats by $130M.
– Adjusted EBITDA of $172M, down from $455M, a …

Containership brokers are reporting “brisk business”, although owners are reluctant to fix for longer periods against rising daily hire rates.
Reflecting the high demand for tonnage, Alphaliner’s idle fleet assessment has recorded a further 62 vessels with some 300,000 teu …