Archives



October 2021

Cash budget Cash budgeting National 5 Business management Revision BBC Bitesize

When using a cash budget to analyse financing needs and financing options, nonfinancial factors are omitted. You have to add the beginning cash balances to the total cash inflow figure to get a clear picture of the company’s final cash balance over a budgeted period. A cash budget represents a probable movement of cash inflows & outflows over a certain period, or you can say it can be used to ... [+]

ATA Truck Tonnage Index Increased 2.4% in September

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.4% in September after rising 0.3% in August. In September, the index equaled 112.9 (2015=100) compared with 110.2 in August. “September’s sequential gain was the largest in 2021,” said ATA Chief Economist Bob Costello. “It is good that tonnage ... [+]

CEVA Logistics strengthens presence in Central Asia

Further extending its responsive logistics services in Central Asia, CEVA Logistics announced the opening of a new office in Tashkent, Uzbekistan. The company’s increased operations will focus on Uzbekistan’s multi-modal customers. Being a land-locked country, Uzbekistan presents huge potential for the growth of multi-modal transportation networks, a key target for the ... [+]

Gov. Edwards Appoints James J. Carter

Attorney James J. Carter will be sworn in as a member of the Board of Commissioners of the Port of New Orleans (Port NOLA) during its October 21, 2021, board meeting. Appointed by Governor John Bel Edwards, Carter succeeds Tara C. Hernandez as one of four Orleans Parish representatives on ... [+]

Kerry Logistics network, Hengan Group form JV

Kerry Logistics Network Limited and Hengan International Group Company Limited, the leading producer of hygiene consumables in China, have set up a joint venture company to create synergy in the business-to-business bulk distribution and wholesale market of medical, healthcare and hygiene products. By combining KLN’s strengths in domestic logistics and ... [+]

Improved runway at LCK opens amid global supply chain crunch

The primary runway at Rickenbacker International Airport (LCK) is now open after completing upgrades that will better serve the expanded operations of the world's largest freighter aircraft, such as the Boeing 747-8F regularly flown by Cathay Pacific, Cargolux and other air carriers.At over 12,000 feet in length, Runway 5R-23L is ... [+]

Port of Rotterdam throughput rises in Q3

Container volume back above pre-corona level, large increase in throughput of oil products, iron ore, coal and biomass Goods throughput in the port of Rotterdam rose to 118.5 million tonnes in the third quarter, 14.6% more than in the same period last year. Throughput was 350.1 million tonnes through to the ... [+]

WFS wins tender

Air France KLM Martinair Cargo (AFKLMP Cargo) has awarded Worldwide Flight Services (WFS) a contract to provide cargo handling staff for one of the palletisation lanes at its freight terminal G1XL at Paris Charles de Gaulle Airport for the next two years.“This is the first time that our teams at ... [+]

Airport Logistics Group, Inc. implements CHAMP’s Cargospot Handling

Airport Logistics Group, Inc. has implemented CHAMP’s Cargospot Handling solution. The solution will support the ground handling agent’s operations at its Chicago O’Hare base to boost capacity and speed of its cargo operations that service the US air cargo supply chain.CHAMP’s Cargospot Handling is a sophisticated and comprehensive cargo operations ... [+]

Hapag Lloyd reroutes European container service to JAXPORT

Hapag Lloyd has temporarily rerouted a European-US container service through the Jacksonville Port Authority (JAXPORT). The change is part of an effort to “optimize our service portfolio, stabilize schedules and adapt to market needs,” according to Hapag Lloyd. Hapag Lloyd’s Atlantic Loop 3 (AL3) rotation will begin calling JAXPORT’s TraPac Container ... [+]

More »