May 2018
Korean Air and Delta have launched an historic joint venture partnership that’s received approvals by all regulatory authorities in the U.S. and Korea, and will offer benefits across one of the most comprehensive route networks in the trans-Pacific market.
“This expanded partnership means a host of new destinations and options across Asia and North America, with seamless connectivity and world-class reliability,” says Korean Air’s Managing Vice
President, John Jackson. ...
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The Port of Virginia® is nearing the end of FY 2018 and the total volume of TEUs) is 3.6%, or 83,000 units, ahead of where it was at this time last year.
In April, the port processed 219,281 TEUs, which is a dip of 2.6%, or 5,900 fewer units when ...
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The supervisory board of Hapag-Lloyd AG has unanimously approved to extend the
contract of Chief Executive Officer Rolf Habben Jansen for a further five years until 31
March 2024.
“With Rolf Habben Jansen at the head, Hapag-Lloyd has further improved its position as a
leading global liner shipping company in a challenging market environment ...
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Worldwide Flight Services (WFS) has acquired a 100% shareholding in its former WFS Ireland joint venture after buying the minority shareholding of its partners, Gerry Jackson and Brendan Byrne. The transaction was completed at the end of March.
Gerry Jackson retired from the company at the end of 2017 but Brendan ...
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CargoLogicAir (CLA), the British all-cargo airline, helped to ensure competitors taking part in the historic 101st Giro d’Italia bike race reached the starting line on-time - in Israel!
For the first time, the race has commenced outside of Italy with individual time trials for riders in Jerusalem. In total, CLA transported ...
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U.S. Customs and Border Protection (CBP) celebrated the completion of their newly constructed offices at Port Freeport with an official ribbon-cutting on May 3. Attending the event were CBP leadership and officers, Port Commissioners, members of Port management, and several Port tenants
"We are pleased to see Customs and Border Protection ...
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The United Arab Emirates (UAE) government announced the Holy Month of Ramadan will start on Wednesday, May 16 or Thursday, May 17 and continue for 30 days until Thursday, June 14 or Friday, June 15.
During this period, the FedEx Trade Networks office in Dubai will have reduced working hours as ...
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Hapag-Lloyd has completed the first quarter 2018 with earnings before interest, taxes,
depreciation and amortization (EBITDA) of EUR 219.4 million, which is an increase
compared to the first quarter of the previous year (EUR 135.3 million). The operating result
before interest and taxes (EBIT) stood at EUR 53.7 million after three months (first ...
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Hong Kong Air Cargo Industry Services Limited (Hacis) - the value-added logistics arm of Hactl – and Chu Kong Shipping Enterprises (Group) Company Limited (CKS) have entered into a strategic partnership covering the development of joint logistics activity throughout the western part of the Pearl River Delta (PRD).
The first ...
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The Port of Oakland’s total cargo volume is up 2.9% for January-April 2018 over the same period a year ago. Oakland’s terminals handled 791,371 TEUs compared to 768,789 TEUs for 1Q 2017. April 2018 was the Port’s best month ever for imports in its 90-year history. The volume for loaded ...
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