Korean Air says its Q2 2024 financial results show a record quarterly revenue of KRW4.0237 trillion (US$2.8964 billion), representing a 14 per cent increase year-on-year.
Revenue from the passenger business rose by 10 per cent year-on-year to KRW2.4446 trillion.
Transport and logistics company Gebrüder Weiss has opened a warehouse in Chengdu, China and is offering e-commerce services.
UAE flag carrier Etihad Cargo has restructured its global network into four regions managed by newly-appointed directors: South Asia and Oceania (SAPAC, India,
Hong Kong Air Cargo Terminals Limited (Hactl) has opened a dedicated Lithium Batteries Storage Zone, equipped with CO2 fire suppression systems and fire-proof partitions to segregate battery cargo from other shipments.
Increased provision of fire extinguishers will also help to contain any battery fire and reduce the risk of spread.
The new zone will be clearly indicated by LED signage across its multiple floor levels, to ensure all battery cargo is correctly stored and that retrieval is more efficient.
Pictured: Hactl’s new Lithium Batteries Storage Zone features CO2 fire suppression systems and fire-proof partitions.
Spain-based IAG Cargo has reported commercial revenues of EUR566 million for the period from January 01 to June 30, 2024.
Hyundai Motor Group's logistics unit Hyundai Glovis is considering investing in a consortium led by Air Incheon, the preferred bidder to acquire Asiana Airlines’ cargo business.
DHL Group met market expectations in the second quarter of 2024.
Despite a persistently-weak economic environment, group revenue was slightly higher than in the previous year at EUR20.6 billion (Q2 2023: EUR20.1 billion).
As expected, operating profit (EBIT) was below the prior-year level at EUR1.35 billion (Q2 2023: EUR1.7 billion).
Alexander Eberharter (44) has taken over the management of the West region of logistics company Gebrüder Weiss, succeeding Hannes Mayr (65), who is retiring after 41 years with the company.
Korean Air says its Q2 2024 financial results show a record quarterly revenue of KRW4.0237 trillion (US$2.8964 billion), representing a 14 per cent increase year-on-year.
Revenue from the passenger business rose by 10 per cent year-on-year to KRW2.4446 trillion.
Transport and logistics company Gebrüder Weiss has opened a warehouse in Chengdu, China and is offering e-commerce services.
UAE flag carrier Etihad Cargo has restructured its global network into four regions managed by newly-appointed directors: South Asia and Oceania (SAPAC, India,
Hong Kong Air Cargo Terminals Limited (Hactl) has opened a dedicated Lithium Batteries Storage Zone, equipped with CO2 fire suppression systems and fire-proof partitions to segregate battery cargo from other shipments.
Increased provision of fire extinguishers will also help to contain any battery fire and reduce the risk of spread.
The new zone will be clearly indicated by LED signage across its multiple floor levels, to ensure all battery cargo is correctly stored and that retrieval is more efficient.
Pictured: Hactl’s new Lithium Batteries Storage Zone features CO2 fire suppression systems and fire-proof partitions.
Spain-based IAG Cargo has reported commercial revenues of EUR566 million for the period from January 01 to June 30, 2024.
Hyundai Motor Group's logistics unit Hyundai Glovis is considering investing in a consortium led by Air Incheon, the preferred bidder to acquire Asiana Airlines’ cargo business.
DHL Group met market expectations in the second quarter of 2024.
Despite a persistently-weak economic environment, group revenue was slightly higher than in the previous year at EUR20.6 billion (Q2 2023: EUR20.1 billion).
As expected, operating profit (EBIT) was below the prior-year level at EUR1.35 billion (Q2 2023: EUR1.7 billion).
Alexander Eberharter (44) has taken over the management of the West region of logistics company Gebrüder Weiss, succeeding Hannes Mayr (65), who is retiring after 41 years with the company.
