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At midyear 2025, Maersk's balance sheet is in good shape, boasting a net debt/EBITDA ratio of close to zero despite significant capital expenditures and acquisitions over the past few years. Interest ...
World Flight Services (WFS) staff loading a cargo crate onto an aircraft at Charles de Gaulle airport in Paris on May 4. ST PHOTO: AZMI ATHNI With the acquisition, its reach is now truly global ...
Mr. Berry said Air Canada’s introduction of new converted Boeing 767 freighters this year will help its business even as it draws down cargo-only flights on wide-body passenger jets from roughly ...
French logistics group CMA CGM plans to create a new air cargo hub in Chicago as part of a broader $20 billion investment plan that also covers its sea shipping, land and other logistics activities.
Earlier this year, Air Canada spent $16 million to expand and improve its cold-storage cargo handling at Toronto Pearson International Airport. That upgrade created 30,000 square feet of ...
Istanbul Airport handled 1.97 million tons of cargo last year, jumping nearly 40% from 2023. "iGA Istanbul Airport is Europe’s Busiest Air Cargo Hub," said the airport's official X account.
In addition, the air cargo terminal will have up to 91,062.68 ft² of construction and the internal refrigerated warehouse facility will be up to 26,479.22 ft² of construction.
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