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The German ocean carrier advanced its timetable on plans to launch a stock market flotation as a result of positive second quarter financial results.
The freight division of Emirates will provide over 150 tons of belly-hold capacity each week between Mashad, Iran and Dubai, United Arab Emirates starting Sept. 1.
C.H. Robinson names president of European operations, while Transplace appoints VP of capacity services and England Logistics adds three VPs.
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.