air cargo

FreightWaves Staff Monday, December 2, 2019

Drugs War: Europe under siege as crime syndicates piggyback supply chains (With Video)

Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across the European Union (EU), according to a major new report examining the continent’s illicit drugs business. The 2019 EU Drug Markets Report by the EU […]

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Eric Kulisch Monday, November 18, 2019

Tech investments improve Delta’s cargo business, official says [FreightWaves Live coverage] – with video

CHICAGO – After transforming its under-performing passenger operation over the past decade into one of the best managed and profitable global carriers, Delta Air Lines [NYSE: DAL] is now focused on improving other aspects of its business, including cargo.  The company’s capital expenditures in cargo-related technology and systems are paying off in improved service and […]

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Eric Kulisch Wednesday, November 6, 2019

Amazon air carrier ATSG posts higher 3Q earnings

Air Transport Services Group (NASDAQ: ATSG) reported a 219% increase in third-quarter operating profit of $105 million. The outsourced provider of air cargo services for Amazon.com’s Prime network and other customers generated $366 million in revenue, up 79% from the same period in 2018. The gains mostly came from one-time occurrences: earnings from operations benefited […]

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