NEWS
company news
CX July's cargo volume surge 15pc thanks to e-commerce traffic
HONG Kong's Cathay Pacific carried 115,729 tonnes of cargo last month, an increase of 14.9 per cent compared with July last year.The month's cargo revenue tonne kilometres (RFTKs) increased 24.6 per cent year on year. The cargo load factor decreased by 11.2 percentage points to 59.8 per c...
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Saudia Cargo partners with Jan de Rijk in Europe
SAUDIA Cargo signed a new partnership that holds the potential to expand the airline's European network and enhance its services, reports Singapore's Payload Asia.Saudia Cargo entered into a strategic agreement with Netherlands-based Jan de Rijk Co, a prominent transport and logistics fir...
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Kuehne+Nagel and DSV see air freight volumes plummet
BOTH Kuehne+Nagel (K+N) and DSV, prominent air freight forwarders, experienced a downturn in cargo volumes, revenues and profits during the second quarter, reports London's Air Cargo News.K+N, known as the world's leading air forwarder, witnessed a 15.5 per cent year-on-year decline in vo...
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