Emirates cargo revenue up 27% to $5.8bn on demand boost dnata revenue increased 54% to AED 8.6bn ($2.3bn) in 2021-22; Group revenue was up 86% to AED 66bn ($18bn).

Emirates reported a 27 percent increase in cargo revenue to AED 21.7 billion ($5.8 billion) for the year 2021-22 on strong demand for essential goods and medical supplies, accelerated vaccination programmes and global supply chain issues. Cargo revenue accounted for 37 percent of the total revenue of AED 58.3 billion ($15.7 billion), down from 57 […]

Blue Dart Q4 consolidated net up 52% on high volumes, and better pricing.

For FY2022, consolidated revenue was up 34% to Rs 4,410 crore while net profit nearly tripled to Rs 382 crore. Blue Dart reported a 52 percent increase in consolidated net profit to Rs 137 crore ($18 million) for the quarter ended March 31, 2022 on healthy volume growth and better realisations. Consolidated revenue from operations […]

DHL Group Q12022 revenue up 20% on strong demand for global services

Global Forwarding, Freight achieved the highest quarterly revenue of all group’s divisions, up 55% to €7.4bn ($7.8bn). Deutsche Post DHL Group reported a 20 percent increase in revenue to €22.6 billion (nearly $24 billion) as Global Forwarding, Freight, Supply Chain, and Express divisions benefited from solid development in global trade and stronger B2B business. The […]

Delivery experiences could make or break consumer loyalty: Survey

 FarEye consumer survey finds online shopping and at-home delivery appetite is growing, delivery experience is crucial FarEye, a global SaaS platform provider transforming last-mile logistics, today announced findings from its survey of 1,000+ U.S.-based consumers. The new research revealed how shopping habits and delivery expectations shifted due to the pandemic and e-commerce growth. FarEye’s 2022 […]

Shriram Properties and Logos partner for warehouse and logistics park

LOGOS to develop the site into a contemporary, sustainable logistics Park with 2.2 million sq ft of warehouse space Shriram Properties Limited (SPL) and LOGOS, an Asia-Pacific logistics company, have signed a Memorandum of Understanding (MoU) for the future sale of up to 90 acres of property in Shriram Grand City in Uttarpara, Kolkata, which […]

Chhatrapati Shivaji Maharaj Intl Airport cargo handled up 30% in FY22

Automobiles, pharma, and engineering goods saw majority of transportation to top international destinations18 Apr 2022 Chhatrapati Shivaji Maharaj International Airport (CSMIA) reported a 30 percent increase in cargo handled at 556,900 metric tonnes (MT) for the year ended March 31, 2022, compared to the same period last year. While international cargo volumes increased 26 percent, […]