AIR CARGO IAG Cargo turnover boosted by Covid impact Aug 3, 2020
IAG Cargo saw second quarter turnover rise 33.1% year-on-year has seen a €369m (£333m) as customers paid extra for cargo-only flying and dedicated charters. The one-third rise in turnover during a quarter dominated by reaction to the Covid-19 pandemic followed a Q1 that saw turnover fall 11.6% to €246 million (£214.8 millio...[learn more]
-
Government urged to avoid “short-sighted protectionism” in supply chain Aug 3, 2020
The International Trade Committee has urged government exercise caution over onshoring as a potential solution to the supply-chain vulnerabilities exposed by Covid-19 A report from the cross-party committee warned that onshoring may not be easy to achieve and could replace one vulnerability with another. It also called on the government to inv...[learn more]
-
UPS global volumes up 20.9% in Q2 Aug 3, 2020
Average daily volumes at UPS were up 20.9% year-on-year during a second quarter of the year that was defined by the global impact of the Covid-19 pandemic. Turnover in the second quarter increased 13.4% year-on-year to $20.5 billion (£15.7 billion) while operating profit rose 7.4% year-on-year to $2.3 billion. UPS chief executive officer Ca...[learn more]
-
DHL opens its first company owned and operated retail store in Downtown Chicago Jul 22, 2020
Centrally-located DHL ServicePoint store offers fast, convenient shipping services for retail customers New location in response to growing local demand for international e-commerce DHL Express, the world’s leading provider of international shipping services, recently opened its first DHL fully-branded, company-owned retail shipping...[learn more]
-
New seaway tugboat arrives in Massena, New York Jul 22, 2020
The U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC) announced the arrival today of its new tugboat, the SEAWAY GUARDIAN, in Massena, New York. The vessel has been on a three-week journey through the Gulf of Mexico, around Florida, and up the Atlantic seaboard from the Gulf Island Shipyards in Houma, L...[learn more]