UK ministers in Brexit talks with aviation industry
UK government ministers have met with representatives from the country's aviation industry to discuss how the sector can "continue to flourish" after Brexit. Transport Secretary Chris Grayling and Steve Baker, Minister for Exiting the European Union (EU), saw senior representatives from...Cargolux surges to $122m net profit in 2017
Cargolux Airlines saw 2017 full year net profit after taxes reach $122.3m, compared with a prior year $5.5m for the European freighter aircraft operator. For the first time in its history, the Cargolux Group exceeded one million chargeable tonnes flown, as FTKs increased by 12.3% in 2017...Paint-a-freighter and win $50,000 in cash
China's SF Airlines has launched a competition to create a livery for the two ex-Jade Cargo Boeing 747 freighters that it bought online last year. Prizes totalling $100,000 can be won by "creative talents" around the world who enter the competition, with a submission deadline of May...
Landstar System Posts Record First Quarter
Landstar System reported its best first quarter with revenue jumping 34.2% to $1.05 billion and profits reaching a record $57.5 million, or $1.37 a share, as demand for freight hauling continued to strain truck capacity in the market.Forward Air First-Quarter Results Better Than Expected
Forward Air Corp. reported better-than-expected results in the first quarter as strong demand and tight truckload capacity boosted expedited less-than-truckload shipping and intermodal services.Echo Global Logistics Reports Revenue Surge in 1Q
Echo Global Logistics reported record revenue in the first quarter of 2018 and posted a profit, compared with a loss a year ago, as tight capacity drove more business to third-party transportation service providers.