Despite higher airfreight and ocean freight sales, Swiss logistics group Panalpina has gone into the red in the second quarter thanks to setting aside monies to cover alleged cartel legal bills.
The global airline recovery has seen an estimated 100 aircraft taken out of mothballs and returned to service since early this year - and 106 new aircraft have been delivered to carriers in the same six month period.
Miami, USA-based Arrow Air, once the largest all-cargo airline operating out of Miami, plans to sell the business at auction on August 25 if a federal bankruptcy judge accepts the proposed schedule.
FedEx says its freight-forwarding subsidiary FedEx Trade Networks has opened three new offices in Europe - Rotterdam in the Netherlands, plus Frankfurt and Hamburg in Germany. Rotterdam and Hamburg are major sea ports and Frankfurt is an air-service hub.
Air cargo services provider Atlas Air has reported second quarter sales up 48.3 per cent to US$356.18 million from US$240 million in the quarter a year ago.
Despite higher airfreight and ocean freight sales, Swiss logistics group Panalpina has gone into the red in the second quarter thanks to setting aside monies to cover alleged cartel legal bills.
The global airline recovery has seen an estimated 100 aircraft taken out of mothballs and returned to service since early this year - and 106 new aircraft have been delivered to carriers in the same six month period.
Miami, USA-based Arrow Air, once the largest all-cargo airline operating out of Miami, plans to sell the business at auction on August 25 if a federal bankruptcy judge accepts the proposed schedule.
FedEx says its freight-forwarding subsidiary FedEx Trade Networks has opened three new offices in Europe - Rotterdam in the Netherlands, plus Frankfurt and Hamburg in Germany. Rotterdam and Hamburg are major sea ports and Frankfurt is an air-service hub.
Air cargo services provider Atlas Air has reported second quarter sales up 48.3 per cent to US$356.18 million from US$240 million in the quarter a year ago.