Logistics giant Deutsche Post DHL saw its net profit decline year on year in the first quarter of the year, but it reported improving ocean freight volumes.
Volga-Dnepr Airlines has begun a major air logistics contract to operate AN-124-100 freighter flights carrying equipment to a new natural gas field in Papua New Guinea.
European freight forwarders are reporting improving volumes and expect the trend to continue over the coming two months, according to Danske Bank’s European Freight Forwarding Index.
The International Air Transport Association (IATA) has announced an major restructuring of its main divisions and regional operations “to to even better address the needs of its 240 member airlines”.