Swiss freight forwarder Kuehne+Nagel International reported a smaller-than-expected fall in second-quarter profit, reports Reuters, buoyed by increased air freight operation which saw double-digit growth. The company said it would restore its dividend plans. Despite earnings before interest and tax (EBIT) sliding 12.6% to CHF 235 million ($250 million), air freight operations inched up 17%, the report stated. Comments from Zuercher Kantonalbank analysts claim the result exceeded even the … [Read more...] about Kuehne+Nagel gets lift from air freight, restores dividend plans
air logistics
Air Logistics Group celebrates decade in the Czech Republic
Air Logistics Czech Republic celebrated 10 years of providing GSSA services across the Czech market on 1 January 2016. Air Logistics in the Czech Republic was established in January 2006 together with offices in Poland and Hungary, two other Air Logistics Group strongholds in Eastern Europe. The expansion of the Eastern European network continued with the opening of offices in Slovakia, Serbia, Albania, Georgia and Turkey. “Reaching this significant milestone makes you reflect on the years … [Read more...] about Air Logistics Group celebrates decade in the Czech Republic
Coyne appoints US GSA Air Logistics
Coyne Airways has appointed Air Logistics as its general sales agent in the US to increase its share of air cargo shipments to the Caspian region and the Middle East. Air Logistics is now responsible for all US sales for Coyne Airways with the exception of Virginia, West Virginia, Washington DC, Pennsylvania, Maryland and Delaware - where Coyne will continue its sales and marketing activities with Ray Wach, who has represented Coyne in this region since April 2005. Larry Coyne, CEO of Coyne … [Read more...] about Coyne appoints US GSA Air Logistics
