enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

search image top2

Frankfurt Animal Lounge celebrates 10 years of first class care
LONDON: September 21, 2018. This year marks the 10...

Read more

Shackleton calls Harwich home
HARWICH, UK: September 21, 2018. Hutchison Ports H...

Read more

Double opening for team Tigers
HONG KONG: September 21, 2018. Logistics operator ...

Read more

Mexico City latest destination for Turkish Cargo
ISTANBUL: September 21, 2108. Turkish Cargo is add...

Read more

Atlas Air adds to SF Express and UPS collaboration
PURCHASE, N.Y.: September 20, 2018. Atlas Air is t...

Read more

Sustainable fuel helps deliver first JetBlue A321
MOBILE, AL: September 20, 2018. Airbus delivered i...

Read more

Hapag-Lloyd upgrades shipping app
LONDON: September 19, 2018. Hapag-Lloyd has u...

Read more

Blockade hits Qatar Airways' profit as Cargo soars
DOHA: September 18, 2018. The Qatar Airways Group ...

Read more

Delta Air Lines: “people who love to serve”
Delta Air Lines' first Airbus A220-100 has left th...

Read more

Frankfurt Animal Lounge celebrates 10 years of first...
Shackleton calls Harwich home
Double opening for team Tigers
Mexico City latest destination for Turkish Cargo
Atlas Air adds to SF Express and UPS...
Sustainable fuel helps deliver first JetBlue A321
Hapag-Lloyd upgrades shipping app
Blockade hits Qatar Airways' profit as Cargo soars...
Delta Air Lines: “people who love to serve”...

Latest News

Anchorage Airport Cargo
22 Sep, 2018

Anchorage places fifth in ACI air cargo ranking

in Air
ANCHORAGE, September 22, 2018. Last year, more than 2.7 million tonnes of cargo transited…
INFR 8
19 Sep, 2018

Lufthansa Cargo accepts first electronic Dangerous Goods Declaration

in shippers
FRANKFURT: September 19, 2018. Lufthansa Cargo says it has become the first, and…
More flights by Silkway to Zhengzhou
19 Sep, 2018

Silk Way West takes ICAO cargo advice

in Government
ZHENGZHOU, China: September 19, 2018. Speaking at the ICAO Air Cargo Development Forum…
Maersk Rotterdam
19 Sep, 2018

Maersk and Damco to combine supply chain services

in Ocean
COPENHAGEN: September 19, 2018. A.P. Moller - Maersk is to combine its Damco supply chain…
AuMake DHL
18 Sep, 2018

AUMake’s use of DHL for Australian BtC deliveries

in Air
SYDNEY: September 19, 2018. DHL eCommerce has partnered with AuMake, an Australian Stock…
NC Florence
17 Sep, 2018

UPS, Norfolk Southern support logistics response to Hurricane Florence

in Humanitarian
WILMINGTON, NC: September 17, 2018. The American Red Cross says more than 15,000 people…
GAC UK Green Award
13 Sep, 2018

Get a 10 percent discount from Green GAC

in ports
ATHENS: September 13, 2018. GAC has become the first ship’s agency in the UK to join the…
Enforcement levels
12 Sep, 2018

Half of world exports have little or no corruption oversight

in Government
BERLIN: September 12, 2018. Corruption watchdog Transparency International (TI) says 33…
JetBlue aircraft
12 Sep, 2018

JetBlue to develop San Juan, PR package delivery market

in Air
MIAMI: September 11, 2018. Air transport solutions provider FlyKargo is partnering with…

MISSISSAUGA, ON: Cargojet, Canada's time-sensitive cargo delivery airline, has reported a net loss of Can$2.2 million for Q3 2015 despite a 59.5 percent increase in revenue to Can$75.3 million year-on-year.

Revenue for the first nine months of 2015 was Can$204.5 million - up 51.2 percent from 2014 – and the net loss rose Can$12.1 million to Can$16.6 million for the period.

"We are very pleased with our financial and operating results during the quarter," said Ajay Virmani, president and CEO. "As we continue to adjust capacity to meet actual demand we are seeing the expected improvements in overall margins. Customer volumes, particularly those related to e-commerce shipping, continued to grow in the quarter as we approach the traditional peak shipping season." he added.

The company initiated a fleet expansion program early in 2014 to replace four of its B727-200s with B757-200ER aircraft due to increased customer demand on its core overnight network. Cargojet has also added B767-200/300 ER capacity and now operates 11 such aircraft following the award of a seven-year, Can$1 billion contract from Canada Post.

As a result, the company's expenses rose Can$63.3 million to Can$185.6 million for the first nine months of 2015 to support its 14-city overnight network throughout Canada operating primarily from Monday to Thursday with a reduced service on Friday.

Cargojet also operates a five-day per week service between Newark, NJ and Hamilton, Bermuda.

Corporate News

- powered by Quickchilli.com -