profitability
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Air Cargo
COVID hits Southwest Airlines with $1.5B Q2 loss
Southwest Airlines wrote its second-quarter results in red ink -- $1.5 billion to be exact. It is not alone. All airlines are suffering financially from…
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Air Cargo
Cargo revenues buoy airlines amid $84b loss for 2020
Airlines continue to send out SOS distress signals. The industry’s main trade association says profit margins will drop 20% this year, but the increased reliance…
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Startups
Lime shutting down in 12 markets over profitability concerns
E-scooter startup Lime is stopping operations in a dozen cities across the world and laying off 14% of its workforce.
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Last Mile
Fast-growing UberEats creates hunger for profit
With enough investor capital and vision, profit might not matter as much as analysts think.
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Air Cargo
Industry leaders pessimistic about air cargo’s 1-year outlook
While the passenger side has been experiencing growing demand, the industry’s overall profitability is still being dragged down by the smaller cargo side.
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Canada
McKinsey forecasts global truck OEM profits by region to 2030
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.
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News
Rapid-fire pitch: TCA Profitability Program allows carriers to see how they stack up against peers
The TCA Profitability Program, or TPP, is an exclusive performance benchmarking initiative. The program’s aim is to help member carriers improve performance and profitability.
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