The cargo shipping company’s average freight rate per TEU stood at $1,776 (+22% Y/Y) in the quarter. Adjusted EBITDA escalated 82% Y/Y to $779 million, with margins of 39% vs.

Pauline Dhillon, co-CEO of the air freight company, said shippers looking ... That surge in demand, combined with only two per cent growth in worldwide air cargo capacity as of late last year ...

In comparison, an engine-powered container ship travels at an average of around 14 nautical miles per hour ... of a volatile freight market and regulations incentivizing cargo owners to reduce ...

is the launch customer and will be the first Indian cargo airline to operate the A330 converted freighter platform. The Mumbai-based freight management company will lease an undisclosed number of ...

The council and the company ... per hour. Once it reaches its destination, the freight is offloaded, before it is done all over again. Engineer Ron Hochstetler, a former airship cargo consultant ...

Qatar Airways Cargo, IAG Cargo and Malaysia Airlines’ MASkargo intend to form a global joint freight business under plans announced on 22 April. While details of the arrangement are light at ...