Business
A recent report by Bloomberg News states that Ports America and Highstar Capital, a private equity firm that owns Ports America, is looking to find a buyer for the sale of Ports America. The company could be valued at about $1 billion in a sale.
Although those interviewed by Bloomberg asked not to be identified because the information is private, sources said that Highstar Capital, which owns Ports America, is working ...
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CargoLogicAir, the new British cargo airline, has taken delivery of its first Boeing 747-8 Freighter at the Farnborough International Airshow 2016.
Chief Executive Officer, Dmitry Grishin, received the ‘keys’ to the aircraft from Marty Bentrott, Vice President Sales - Middle East, Russia & Central Asia, Boeing ...
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DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, is responsible for the majority of Electrolux' global ocean freight LCL shipments. The appointment by the Swedish home appliances manufacturer comprises an annual estimated cargo volume of more than 20,000 cubic ...
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DB Schenker has invested millions in the digital future, signing a five-year partnership agreement with US-based online freight shipping marketplace uShip for exclusive collaboration in Europe. The goal of the partnership, worth tens of millions, is to harness new, digital innovations that get freight moved ...
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Union Pacific is the first large North American railroad to be recognized as a Top Green Provider by Food Logistics. The publication's annual list recognizes companies whose products, services or leadership enhances sustainability within the food and beverage industry.
Many foods travel by train before landing ...
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CMA CGM officials crossed the 91.05% threshold in its acquisition of Neptune Orient Lines Limited (NOL). Following its all-cash voluntary conditional general offer for NOL which was launched on June 6th, 2016, CMA CGM now owns 2,376,715,557 shares representing approximately 91.28% of NOL’s share capital.
CMA ...
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The Georgia Ports Authority has received a 2016 EPA Clean Air Excellence Award for its electric rubber-tired gantry crane program that will transfer its container handling equipment from diesel to electric power.
In 2012, GPA began to implement the electric rubber tired gantry crane program. By ...
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[ Courtesy FBJ and editor Chris Lewis.]
A number of issues will need to be addressed to provide legal clarity and the stability that road transport operators need. These issues could include the use of and reintroduction of customs clearance and transit facilitation agreements, cross-border VAT, ...
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[Courtesy Freight Business Journal editor Chris Lewis]
Following the announcement of a ‘leave’ result in the EU referendum 24 June, the Freight Transport Association (FTA) says coming out of union risks disrupting the UK supply chains. The Government has two years to negotiate the new rules ...
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Early Sunday morning, June 26th saw the inaugural transit of the Panama Canal Expansion with the transit of Neopanamax vessel COSCO Shipping Panama through the new Atlantic-facing Agua Clara Locks.
Originally named Andronikos, the vessel was renamed to honor and pay respect to the country of ...
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