Air Charter Service (ACS) enjoyed a “stunning first six months”,  according to chief executive Justin Bowman, reporting revenue of £240.5m (US$312m), up 23% on the same period a year ago.
Mr Bowman stressed that ACS’s past year had been “beyond …

Maersk said today that in the second quarter it had “taken back control of its unit costs” after a poor Q1 and now it “had to improve results” in the second half.
Chief executive Soren Skou said the third quarter …

Hapag-Lloyd is investing in its container fleet and has ordered 11,100 state-of-the-art reefer containers. The new containers will be integrated to the company’s existing fleet of 91,000 reefer containers, with delivery gradually starting in August and to be finally completed …

DP World saw revenue jump 14.4%, year on year, in the first six months to $2.6bn, as the company’s core container terminal business benefited from the upswing in global trade.
Net profit for the period was $593m, 2.1% down on …

Brussels Airlines Cargo and its parent company, Lufthansa Cargo, are to act as one in the marketing and of freight capacity for the Belgian carrier.
The arrangement, which a spokesperson told The Loadstar is intended to improve synergies – will …

Freight forwarders in Thailand are preparing for a busy peak season for ocean shipments.
According to Sam Loke, managing director of Pan Asia Logistics (Thailand), the market will soon start ramping-up.
“Late August onward you start to feel the crunch …

Those considering Tesla’s Semi may wish to rethink. It’s gone from bad to worse for Elon Musk’s company in less than a year since the announcement of the autonomous truck. Mr Musk has been subpoenaed by the US Securities and …