HSBC: UPS upgraded to ‘buy’ rating
HSBC Global Research analysts have upgraded UPS’ rating to ‘buy’ following its improved Q1 results, estimating that its volumes and margins are set to turn around from Q4 2024, as HSBC looks to potent...
HSBC Global Research analysts have upgraded UPS’ rating to ‘buy’ following its improved Q1 results, estimating that its volumes and margins are set to turn around from Q4 2024, as HSBC looks to potent...
Ahead of the DHL Group’s Q1 2024 earnings results, HSBC Global Research analysts have predicted a 23% lower EBIT for the quarter as ‘the B2B segment remains challenged’ despite an improvement in overa...
Global air cargo rates have continued to rise at around 2-3% consecutively through the first week of April with surges from the Middle East and South Asia (MESA) to Europe over the past three weeks, m...
The Japan Airlines (JAL) Group has expended its summer 2024 international cargo freighter schedule, with the Narita to Tianjin route to be operated five times a week using the 767 aircraft. The sum...
Liebherr Aerospace Saline has entered the air cargo market as it signs a sole distributor agreement with Brazil-based LHColus Tecnologia, which declares the former as the exclusive international distr...
Embraer has signed a memorandum of understanding (MoU) with Brazil's state-controlled postal company, Correios, and has signed a contract with Horizon Air. Embraer's agreement with Correios will se...
Embraer’s first E190F, a passenger-to-freighter conversion, has successfully completed its first flight in São José dos Campos, Brazil. The flight, using an aircraft belonging to US lessor Regional On...
Global air cargo rates maintained an upward trajectory in March, driven by robust demand and rising rates from Asian and Middle Eastern origins, reveals data from WorldACD Market Data. The average pri...
B&H Worldwide, a provider of aviation and aerospace logistics solutions, has facilitated the urgent movement of two CFM56 aircraft engines for T'Way Air, a South Korean low-cost carrier. The engine...
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has expanded its US network and will offer increased capacity to the region with the introduction of a new service to Boston, Massachusetts...
Air cargo data for February 2024 from the International Air Transport Association (IATA) has shown a total demand (measured in cargo tonne kilometres) rose by 11.9% compared to February 2023 levels. I...
Logistics provider UPS has been awarded what the company terms a ‘significant air cargo contract’ by the United States Postal Service (USPS), effective immediately, which will see UPS become the posta...
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