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UPS has identified India as one of the 11 countries by CARE for equitable distribution of Covid-19 vaccine to at-risk groups such as healthcare workers and caregivers. (Photo: UPS)

UPS Healthcare, UPS Foundation commit for equitable Covid vaccine supply

8 March 2021 12:51 PM IST

March 8, 2021: The UPS Foundation and UPS Healthcare announced that it is moving quickly to support an equitable delivery program and sustainable...

A total of 6.5 billion freight tonne-kilometres (-27 percent) were sold last year. The average load factor improved by 7.8 percentage points to 69.1 percent, while cargo capacity shrank by 36 percent.

Lufthansa Cargo reports 11% revenue growth for 2020, best in 26-year history

8 March 2021 11:03 AM IST

March 8, 2021: Lufthansa Cargo achieved the best result in its 26-year history in the 2020 financial year with the revenue rose by 11 percent to 2.76...

Net turnover of CHF 20.4 billion for the full year 2020 was below the 2019 figure due to lower volumes in the first half; EBIT, on the other hand, was almost one percentage point higher at CHF 1.1 billion.

Kuehne+Nagel reports 5% EBITDA growth, 3.4% revenue decline for 2020

5 March 2021 3:13 PM IST

March 5, 2021: Kuehne+Nagel reported a 5 percent EBITDA growth to CHF 1,920 million and a 3.4 percent decline in net turnover to CHS 20,382 million in...

Global air cargo capacity shrank 19.5 percent compared to January 2019 and fell 5 percent compared to December 2020, the first monthly decline since April 2020.

Air cargo capacity in Jan falls 5% MoM, first decline since April 2020

5 March 2021 2:32 PM IST

March 5, 2021: The International Air Transport Association (IATA) released January 2021 data for global air cargo markets showing that demand returned...

Adani Airports installs Kale’s air cargo handling system across network

5 March 2021 1:13 PM IST

March 5, 2021: Kale Logistics Solutions announced that Adani Airports has implemented its airport cargo handling system - GALAXY in various airports...

For the four weeks of last month, chargeable weight stood at just -1 precent compared to February 2019 and was 2 precent ahead of the same month of 2020.

Global air cargo volumes recover to pre-Covid level within 10 months

4 March 2021 3:43 PM IST

March 4, 2021: A robust global air cargo market has virtually completed its recovery to pre-Covid volume levels inside 10 months, according to airline...