IAG Cargo announces record-breaking Q4 results

IAG Cargo, the cargo division of IAG (International Airlines Group) has reported record financial results for 2021, with annual revenues of €1,673m for the period from 1st January to 31st December 2021. The results reflect the surging demand for air cargo capacity as global trade rebounds. The 2021 revenues represent an increase of 30% at… Continue reading IAG Cargo announces record-breaking Q4 results

XPO Logistics posts record-breaking fourth quarter earnings results

Another strong quarter brought another set of new company records, for Greenwich, Conn.-based truckload and less-than-truckload (LTL) services provider XPO Logistics in its fourth quarter earnings, which were issued this today. Quarterly revenue—at $3.4 billion—increased 14% annually and was up 30% compared to 2010, representing the fourth straight quarter XPO’s revenue has set a new… Continue reading XPO Logistics posts record-breaking fourth quarter earnings results