IAG’s cargo revenue slumped more than 12 percent in the second quarter as the carrier exited freighters.

More from

ECT Delta East terminal
Hapag-Lloyd announced it is temporarily diverting vessels deployed on one of its Europe-Asia services from Rotterdam to Antwerp as congestion worsens at Europe’s biggest container port as the peak...
Lufthansa Cargo
Lufthansa Cargo today posted another profitable quarter despite lower traffic and revenue, overcoming a weakening global air freight market that has trapped many of its leading rivals in the red.
DSV flags
DSV today became the latest top 10 freight forwarder to post market-beating growth in ocean container traffic as the consolidation of the fragmented global logistics industry gathers pace.
AirBridge Cargo Boeing 747-400ERF freighter
AirBridgeCargo Airlines, Russia’s largest scheduled cargo carrier, plans to add more routes and boost frequencies of existing services over the next six months after traffic soared 16 percent to an...
Finnlines, a leading Baltic short sea shipping line, today posted its biggest quarterly profit in eight years as it sold surplus ships, axed loss-making routes and disposed of non-core operations.
TNT truck
TNT Express today posted improved second-quarter results, driven by an ongoing restructuring program, cost cuts and a continued recovery at its previously loss-making Brazilian business.
Port of Rotterdam. Photo: travelfoto / Shutterstock.com
Worsening congestion at the port of Rotterdam has prompted two short sea and feeder shipping lines to impose surcharges of around $100 per container.
Air France and KLM tailfins
Air France-KLM today said it is weighing a partnership or restructuring of its freighter business after booking cargo losses and charges of $205 million in the second quarter, but stressed it will...
Costamare’s revenue and net income grew in the second quarter as the Greek container shipowner boosted its fleet of chartered vessels.
DP World Jebel Ali terminal operation
DP World’s container traffic increased 9.3 percent on a like-for-like basis in the first half of 2014.