DHL Express today said it will invest 100 million eurosto add handling and transport capacity ahead of peak season to accommodate increased e-commerce volumes.
CVC Capital Partners Plc signaled it’s willing to increase its €14 billion ($15.6 billion) offer for Deutsche Bahn AG’s logistics unit after losing the bidding to Danish company DSV A/S. The buyout ...
Some drone manufacturers and operators have added a layer of operational protection with real-time kinematic technology, which ascertains a drone’s ...
Cargo terminal operator Shanghai Pudong International Airport Cargo Terminal Co. (PACTL) has rolled out the Hermes 5 cargo management system ...
Despite cutting costs and combining its FedEx Ground and FedEx Express divisions, FedEx reported disappointing earnings for its fiscal first ...
The FAA announced $1.9 billion in grants today to improve airports throughout the United States and its territories, with $84.4 million allocated for sustainable technologies. The money will go to 519 ...
Azul SA shares slumped to a record low Thursday as people familiar with that matter said the Brazilian airline is weighing options from an equity offering to a Chapter 11 filing to address approaching ...
Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private equity firm’s bid for Deutsche Bahn’s planned €14 billion ($15.5 billion) sale of its DB Schenker logistics ...
Air cargo demand continues to show strong annual growth. July was the eighth consecutive month of double-digit year-over-year growth, reaching levels not seen since the record peaks of 2021. Demand, ...
IAG Cargo, the cargo division of International Airlines Group, has opened an advanced control center at its largest hub at London Heathrow Airport. IAG Cargo aims to make faster and more informed ...
UPS has announced more health care acquisitions and plans additional layoffs amid lower parcel volumes. UPS is facing a seismic strategic shift as it turns its focus more to health care opportunities ...
Sustainable aviation fuel production is on track to reach 460,000 gallons in the United States this year, or 1.74 billion liters — about 89% of IATA’s global projection for the fuel 2024. An August ...