Maersk Line will cull unprofitable services, cut capacity and reduce feedering in an urgent bid to stem losses caused by a toxic mix of low freight rates and soaring fuel costs.
The refocused Maersk Group recorded an net loss of …

Fears are mounting that Schiphol’s freighter slot crisis will continue into the winter season after “differences of interpretation” over a Local Rule for cargo.
In the Dutch parliament on Tuesday it was revealed that interpretative differences between the ACNL (which …

Wincanton chief executive Adrian Coleman has poured cold water on breaking up the group as the company reported rising profits for the year ending March.
Major shareholder Gatemore Capital last month called on Wincanton to sell one of its two …

The air cargo industry has an “embarrassing” track record in technology adoption, one senior airline executive said today.
Speaking at the Air Cargo China event in Shanghai, Lufthansa Cargo chief commercial officer Alexis von Hoensbroech said the industry’s slow progress …

Eurasia is the world’s largest market, home to some 70% of the global population and 70% of its GDP; and China, via its Belt and Road Initiative (BRI) hopes to increase – and capture – trade among the 60 BRI …

Antonov Airlines has transported a power plant rotor from Genoa, Italy to Karachi, Pakistan on board one of its seven AN-124-100 aircraft. The cargo, which included the rotor and associated equipment, weighed a total of 108 tonnes.
 “Careful planning was …

AirBridgeCargo Airlines (ABC) and Shanghai Pudong International Airport Cargo Terminal Co (PACTL) have signed a memorandum of understanding on cooperation in the sector of time- and temperature-sensitive shipments, primarily focusing on pharmaceutical and healthcare products.
The agreement will serve as …