Business
UAE national airline Etihad Airways delivered solid operational performance in 2015 by achieving continued growth in passenger and cargo volumes.
The airline carried 17.4 million passengers last year, a 17% increase over 2014 levels, and operated 97,400 flights which covered 467 million kilometres.
During 2015, Etihad Cargo enhanced its global reach by offering bellyhold capacity on Etihad Airways’ six new passenger destinations, bringing to 96 the total number of passenger destinations on ...
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Korean Air has signed a $333.5 million contract to mass produce reconnaissance unmanned aerial vehicles (UAVs) as part of the Korean government's plan to build up its aerial capability.
Korean Air will mass-produce the reconnaissance drones from 2016 to 2020 under a contract with the Defense ...
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The Port of Long Beach recovered from systemic congestion and cargo diversion in the first quarter 2015 to deliver one of its strongest results on record. For only the third time in its 105-year history, Long Beach topped 7 million TEUs during the year. Cargo ...
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The Port of Virginia set a new annual record for container cargo volume, having handled more than 2.5 million TEUs in 2015, a 6.5% increase over last year’s total.
In 2015, the port saw increases in TEUs, total truck and rail volume, total containers and general ...
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Worldwide Flight Services (WFS) is in agreement to acquire Consolidated Aviation Services (CAS). Financial terms were not disclosed. The transaction is subject to regulatory approval and other customary closing conditions.
CAS, headquartered in New York, is one of the leading cargo handlers in the United States, ...
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In 2015, the third party logistics (3PL) sector continued to gain momentum as more small- to medium- sized businesses sought shipping partners to help them gain a competitive advantage in the marketplace. Unishippers Global Logistics, LLC indicates this trend by capping off another year of ...
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Corcentric™, a provider of cloud-based financial process automation solutions, today announced it has made the Food Logistics FL100+ list for the fourth time.
“Developments in the software and technology sector are generating new opportunities for growers, food manufacturers, grocery retailers and the many logistics providers that ...
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Kerri McClellan has been promoted to vice president and deputy general counsel for Crowley Maritime Corporation. McClellan, who is based in Jacksonville and reports to Senior Vice President and General Counsel Mike Roberts, joined Crowley approximately two years ago as senior corporate counsel and assistant ...
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Weak global economic growth will likely put pressure on the value of Hong Kong exports next year, according a study by the Hong Kong Trade Development Council (HKTDC). While the city’s export volume will increase by 2% in 2016, HKTDC Research expects slow growth and ...
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Journal of Commerce Study Names Port and its Seagirt Marine Terminal Most Efficient in First Half of 2015
An independent analysis conducted by the Journal of Commerce (JOC) recently named the Helen Delich Bentley Port of Baltimore and its Seagirt Marine Terminal the most efficient port ...
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