Business
Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced on July 18 that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed.
CWCNSL’s founders, the Reddy family, will retain the remaining 10% shareholding and will remain involved in the business operations. It is the first investment of HIPL, the recently ...
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Volga-Dnepr Group has launched a new AOG service to manage the delivery of urgent spare parts to aircraft stranded around the world.
Supported by a 24/7 team of aviation professionals, it will offer the fastest and most cost-efficient solution using either air charter or scheduled cargo ...
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CEVA Logistics A.G. announces that CMA CGM S.A. has obtained all regulatory approvals required in connection with its investment in CEVA and will become a regular 24.99% shareholder in CEVA.
CMA CGM, the third largest container shipping group in the world, made a strategic investment in ...
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Driven by an increase in imports, The Port of Virginia® completed fiscal year 2018 (FY18) having handled 2.8 million TEUs, which is a volume increase of 2.4% when compared with last fiscal year.
“We finished the fiscal year in positive territory – our fourth consecutive fiscal ...
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Port of Oakland containerized import volume reached an all-time high last month, according to data released today. The Port said it handled the equivalent of 87,207 20-foot import containers in June. That beat the previous monthly record of 84,835 containers set last July.
June import volume ...
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IBM has signed $740 million technology supply deal, including blockchain, with the Australian government, to improve data security, per a report by Bloomberg.
Under a five-year contract, the company will provide services such as blockchain, automation, and artificial intelligence to Australian federal departments, including defense and ...
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Turkish Cargo performed 30% growth rate compared to the overall market, which performed 4.3% growth, reported World Air Cargo Market Data per its January-May 2018 data. Turkish Cargo reaches 307 destinations in 122 countries via Turkish Airlines, which flies to the most countries worldwide. The ...
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Whereas DSV Canada was once merely an add-on to the North American network, the second-largest country in the world has re-intensified its focus on locally controlled freight, which now constitutes half of its total activities.
Until the acquisition of UTi, DSV Canada primarily served as a ...
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Rodolphe Saadé, CMA CGM Chairman and CEO of the Group, will accompany French Prime Minister Edouard Philippe during his official visit to the Popular Republic of China.
On this occasion, Edouard Philippe and Rodolphe Saadé will board on the CMA CGM T. ROOSEVELT, one of the ...
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CN recently report that the Canadian the federal government’s support of
infrastructure investments in Vancouver through the National Trade
Corridors Fund (NTCF) will help the long-term expansion of trade between
Canada and Asia.
“We applaud the Government of Canada’s actions to expand Canada’s
key trade corridors and make them more ...
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