Business
Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion). At the same time, the Group profit climbed to USD 14.7 billion (EUR 13.8 billion).“Thanks to higher freight rates, we have achieved an exceptionally strong nine-month result. However, we are also seeing that the market environment has deteriorated further in the ...
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The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) has been awarded a $150,000 Federal Emergency Management Administration (FEMA) grant under its Building Resilient Infrastructure and Communities Program to develop a thorough flood and storm vulnerability assessment and improve overall coastal resiliencies at the ...
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Overhaul, a software-based, supply-chain visibility, risk, compliance, and insurance solution for the world's leading brands, is one of the launch partners on a significant initiative for Microsoft, joining its newly announced Microsoft Supply Chain Center and Microsoft Supply Chain Platform to advance visibility, predictability and ...
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Weak demand continues into November
There are still no signs of any fourth-quarter (Q4) seasonal uplift in air cargo demand or pricing, with the downward trend of the last several months continuing into the second week of November – when peak season is usually in full ...
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ACP Worldwide Ltd is now the GSA for Air New Zealand in key Australian markets including Adelaide, Hobart, Cairns and the Gold Coast.
The appointment allows ACP to work with existing frontline relationships and develop new business in those markets, enhancing the Air New Zealand offering.
Through ...
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Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest independent air cargo handler – has been appointed to handle CMA CGM AIR CARGO’s new Hong Kong services which began in early September. CMA CGM AIR CARGO is the cargo airline of the CMA ...
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AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics, and industry, and International Development Bank (IDB) have signed a Memorandum of Understanding to review opportunities for ports and logistics projects that could enhance trade flows between the UAE and Iraq.The agreement was ...
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With great support from South Carolina elected leaders, South Carolina Ports will soon have near-dock rail and an inner-harbor barge operation to ensure fluidity and capacity for the Southeast supply chain.SC Ports officials and elected officials recently gathered in North Charleston to celebrate the groundbreaking ...
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Cathay Pacific, and Unilode Aviation Solutions announced the renewal of their full-service ULD management agreement until 2027.
Cathay Pacific and Unilode have partnered on a wide range of ULD-related services and innovation projects since 2014 including the integration of Unilode readers into stations across the Cathay ...
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Globe Air Cargo USA, a subsidiary of the ECS Group, counts on an amazing team of 61 proud and loyal airfreight professionals working from 8 offices strategically located in all the major US gateways: New York, Chicago, Washington, Atlanta, Los Angeles, San Francisco, Houston and ...
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