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The STAT Trade Times

The STAT Trade Times

  • Home
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  • Air Cargo
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STAT Times

STAT Times

One Stop destination for your Logistics & Transportation News

Agility now controls 19% of Menzies, intensifies takeover bid

Kuwait-based Agility Strategies Holding Limited, in concert with National Aviation Services (NAS), purchased an...

STAT Times19 Feb 2022 5:05 PM IST
The board of Menzies had unanimously rejected the NAS proposal again earlier this week

Zipline and Kisumu County collaborate to improve health services

Zipline, the global leader in instant logistics, and Kisumu County, a member of the Lake Region Economic Bloc (LREB),...

STAT Times19 Feb 2022 11:00 AM IST
The agreement calls for the establishment and operation of a Zipline distribution hub in Kisumu County

Air Canada cargo revenue zooms past $1bn in 2021

Air Canada reported record cargo revenue of C$1.5 billion ($1.2 billion) in 2021 - an increase of over 60 percent...

STAT Times18 Feb 2022 6:49 PM IST
We continue to invest in key areas for Air Canada Cargo, expanding our footprint in Frankfurt, and completing enhancements to our cold chain facilities in Toronto: Jason Berry, Vice President, Cargo

Atlas Air and Cainiao expand partnership with new Boeing 747-8 freighter

Atlas Air and Cainiao Network (Cainiao), Alibaba Group's logistics arm, strengthen their strategic collaboration with...

STAT Times18 Feb 2022 3:17 PM IST
The 747-8F provides 20% higher payload capacity and 16% lower fuel consumption than the very capable 747-400F

Atlas Air 2021 revenue hits $4bn on higher rates

Nasdaq-listed Atlas Air reported a 25 percent in 2021 revenue to $4 billion, and net income was up 37 percent to $493...

STAT Times18 Feb 2022 1:25 PM IST
Board has approved a share buyback programme of $200 million including an accelerated repurchase of $100 million shares by the end of Q22022.

Kuehne+Nagel signs agreement with Atlas Air for two B747-8 freighters

Kuehne+Nagel enters into a long-term dedicated charter agreement with Atlas Air, a subsidiary of Atlas Air Worldwide...

STAT Times18 Feb 2022 10:33 AM IST
Kuehne+Nagel signs agreement with Atlas Air for two B747-8 freighters

Peli BioThermal releases newest version of Crēdo Cargo Shipper

The temperature-controlled packaging and service solutions provider to the life sciences industry Peli BioThermal...

STAT Times17 Feb 2022 6:40 PM IST
Peli BioThermal releases newest version of Crēdo Cargo Shipper

Lufthansa Cargo now only flies with electronic Air Waybills

In 2020, IATA had announced an industry goal to achieve 100% eAWB by the end of 2022, meaning that all shipments will be...

STAT Times17 Feb 2022 6:01 PM IST
Lufthansa Cargo now only flies with electronic Air Waybills

Agility ups bid for Menzies, buys 13% stake

Agility Strategies Holding Limited, an entity under common control with and acting in concert with National Aviation...

STAT Times17 Feb 2022 5:14 PM IST
Agility arm NAS must now announce a firm intention to make an offer or not for Menzies by March 9, 2022.

Can Google search fix supply chain woes?

Is Google search now the answer for supply chain woes? NYSE-listed Dun & Bradstreet Holdings, a global provider of...

STAT Times17 Feb 2022 3:02 PM IST
Dun & Bradstreet will become one of the founding data providers for Google Cloud’s Supply Chain Twin solution. Photo by Firmbee.com on Unsplash

Airbus 2021 income up 4% on higher commercial aircraft deliveries

European aircraft maker Airbus reported a 4 percent increase in consolidated revenues to €52.1 billion ($59.4 billion)...

STAT Times17 Feb 2022 1:58 PM IST
Image Credit: © Airbus S.A.S 2021 - computer rendering by FIXION - MMS - 2021

Western Global Airlines purchases 2 Boeing 777 Freighters

Boeing and Western Global Airlines on Wednesday announced a firm order for two 777 Freighters, the first new-production...

STAT Times17 Feb 2022 12:48 PM IST
Western Global Airlines purchases 2 Boeing 777 Freighters
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