News

H1 earnings

DHL Group reports a significant increase in turnover and profit in the second quarter

With a rise in profit of over 64 per cent, DHL Express recorded the strongest growth. Rising demand and capacity constraints in the air freight market had a positive impact on this.
Inland shipping

Historic Rhine drought strands Main River trade

Due to record low water levels at several key gauging stations along the Rhine, inland waterway vessels are no longer able to reach the Main, which is still navigable. Port operators in Frankfurt are now calling for the Rhine to be dredged as a…
Aviation security

Discovery of explosive drone raises new aviation security concerns

The object that entered Leipzig/Halle Airport highlights new challenges for the security of critical infrastructure. Aviation expert Hartmut Fricke is calling for the implementation of new security technologies to be accelerated.
H1 earnings

European cargo carriers pull in different directions

Owning their own freighters proved decisive in the first half: Lufthansa Cargo and Air France-KLM capitalised on their aircraft, while belly-hold specialist IAG Cargo suffered a sharp downturn. Lufthansa's own gains were dampened, however, as the ITA…
Guidance

ONE trebles profit forecast

Rising freight rates and strong demand have prompted the company's new German CEO, Till Ole Barrelet, to raise the net profit target to 900 million US dollars. The announcement looks ambitious given the recently published first-quarter results: in…
H1 earnings

DB Cargo narrowly misses profit target

State-owned freight operator posts its best result in over a decade, but falling investment, deteriorating punctuality and a stark going-concern warning cloud the outlook.
Drought

Rail freight services suspended in Hungary

The country's only nuclear power station has been largely shut down due to a lack of cooling water. The result is a power shortage with far-reaching consequences: industrial companies are being urged to conserve electricity, and rail freight services…
Drought

Rhine hits record low as regional minister demands federal funding

The German waterway is carrying less water than ever before, which is putting a strain on freight transport and key supply chains. Oliver Krischer, North Rhine-Westphalia’s Transport Minister, is calling on the federal government for funding.
Operations in the Red Sea

Saudi Arabia forms maritime defence coalition amid Houthi attacks

In order to safeguard oil exports, Saudi Arabia intends to ramp up military presence in the Red Sea in conjunction with Kuwait, Qatar, Pakistan, and Turkey. Two important Gulf states have yet to join the initiative.
Takeover

Zahidi is set to become IATA's new Director General

The economist is taking over as head of the Air Transport Association. Saadia Zahidi joins from the World Economic Forum, where she is currently Managing Director and a member of the Executive Board.
A practical simulation exercise

Red Sea: Houthis are considering ship tolls

The Iranian leadership’s idea of levying tolls for passage through the Strait of Hormuz is gaining support: according to media reports, the Houthi militia apparently intends to impose tolls on the Bab al-Mandab Strait.
Land reclamation

The Middle East is back on the air freight map

For the first time since Israel and the US attacked Iran, demand for air cargo has risen, according to the International Air Transport Association (IATA). However, the outlook for the second half of the year is fraught with risk.
Air

Air France-KLM increases cargo revenue in the first half of the year

The group saw a significant increase in turnover in the first half of the year. However, the first six months went differently for KLM and Air France. The airline also announced acquisition plans in Europe.
Artificial Intelligence

Hyperscalers are driving volume for logistics providers

AI data centres are shooting out of the ground, boosting business for Kühne + Nagel, DSV and the like. The industry is certain, this trend can only go one way. 
Quarterly figures

CMA CGM with strong Q2 earnings

The French shipping giant reported a revenue increase of 22 per cent to almost 10 billion US dollars for their container business. In the logistics sector, things looked different.