Business
IAG Cargo has announced its Q2 2016 results, reporting commercial revenue of €241m over the period from April 1 to June 30, 2016, a decrease of 12.0% compared to 2015. Adjusting the prior year's figures to reflect a directly comparable operation, commercial revenue decreased 12.8 % versus last year at constant exchange.
Challenging market conditions continue, on a like for like basis IAG Cargo’s volumes were flat, while yields decreased 13.4 ...
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Ports America and the current operator of Florida’s Port Tampa Bay Container Terminal have signed an amended container agreement that will be valid through May 2046. In a signing ceremony on July 22, the company also agreed to a new breakbulk concession of five years, ...
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WTO members need to avoid putting up barriers and “get trade moving again” in order to address slow global economic growth, according to the Director-General’s mid-year report on trade-related developments issued on 25 July. The Trade Monitoring Report concludes that the “best safeguard we have ...
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DP World’s flagship Jebel Ali Port has been voted “Best Sea Port – Middle East” for the 22nd consecutive year at the recent Asian Freight, Logistics and Supply Chain Awards (AFLAS).
The award was received by Rashid Abdulla, Senior Vice President and Managing Director, DP World, ...
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Trucks carried more US freight by value with NAFTA partners Canada and Mexico in May 2016 compared to May 2015 but declines in all other freight modes led to a 3.1% decrease to $89.8 billion in the total current dollar value of cross-border freight. May ...
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U.S. Transportation Secretary Anthony Foxx recently announced that the U.S. Department of Transportation (USDOT) has established a Build America Bureau, which will drive transportation infrastructure development projects in the United States by streamlining credit and grant opportunities while providing technical assistance and encouraging innovative best ...
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MSC Mediterranean Shipping Company joined CMA CGM in backing French start-up TRAXENS.
“We see container monitoring as an important innovation in providing our customers with a high quality of service, while also being able to monitor our outputs accurately,” said Diego Aponte, President and CEO of ...
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Americold, the global leader in temperature-controlled warehousing and logistics to the food industry, announced that it has concluded the purchase of the temperature-controlled storage facility at 1239 Oakleigh Drive, East Point, GA, bolstering the company’s Georgia-based facility network to 15 and controlling more than 90 ...
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Freightos, a pioneer of the LogTech (logistics technology) sector, went “live” on July 26 with the launch of the world’s first online marketplace for international freight. That marketplace provides instant comparison, booking, and management of freight services from multiple logistics providers.
Until then, the freight industry ...
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Cargo iQ and the World Bank Group (WBG) are partnering in their global efforts to enhance supply chain efficiency and improve the participation of developing countries in global value chains.
Through the Smart Data project, information generated by Cargo iQ members is pooled, providing a rich ...
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