earnings

FedEx Express is aggressively scaling back air operations to save money as shipping demand crumbles.

Kuehne + Nagel had a highly profitable year in 2022 despite macroeconomic headwinds, but results fell considerably in the fourth quarter along with transport demand.

Atlas Air took a profit cut in the fourth quarter, but comparisons with 2021 weren’t good because it was a record year financially.

Air Canada is investing heavily in its dedicated cargo operations at a time when freight rates are slumping.

UPS is replacing MD-11s with more fuel-efficient Boeing 767 freighters as reducing costs and carbon emissions become increasingly important.

American Airlines generated strong cargo sales in 2022 even as market conditions deteriorated.

United Airlines saw cargo revenue dip but exceeded financial expectations in the fourth quarter.

Delta Air Lines carried more than $1 billion in cargo below passengers’ feet last year, setting a company record.

FedEx Express is looking to trim fat at the largest cargo airline in the world and lean on rental fleets to fill in needs.

Cargo continued to dominate the passenger side at Korean Air during the third quarter.

Uber Technologies reported earnings Tuesday before the bell, and investors took kindly to the results.

Air Canada has extra cargo capacity thanks to its first freighters, but that didn’t prevent a 23% fall in cargo revenue in the third quarter.

Lufthansa Airlines’ cargo subsidiary continued to earn profits during a difficult third quarter, even as the market softened.

The air cargo market’s deceleration this year had a greater impact on third-quarter cargo revenues at American Airlines than its primary rivals, Delta and United Airlines. But the best revenue quarter in company history and a $483 million profit painted a positive financial picture that could be replicated in the final quarter thanks to resilient […]

United Airlines continues to deliver strong cargo results each quarter even as global trade softens.

Delta Air Lines’ cargo division had a Goldilocks third quarter: not too cold and not too warm.

One year into its existence, GXO Logistics continues to find contract logistics is the right fit.

Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began, underscoring how moving goods has become increasingly important for passenger airlines as a hedge against travel downturns. “The Lufthansa Group is back in the black,” CEO Carsten Spohr declared in […]

Supply chain technology provider Trimble reported transportation revenue of $150 million for the second quarter.

Air Transport Services Group rode the e-commerce wave to another profitable quarter.