Business
The EVER ALOT, the largest container ship in the world, with just over 24,000 teu capacity, has been delivered to ABS class.The vessel is the latest in a series of five being built by Hudong-Zhonghua Shipbuilding in China to ABS class. The 400-meter megamax-24 type ship will serve ports between Asia and Europe.“We are proud to support the design, construction and successful delivery of such a remarkable vessel through the ...
[+]
Atlas Air Worldwide, a leading global provider of outsourced aircraft and aviation operating services, announced that it has entered into a definitive agreement to be acquired by an investor group led by funds managed by affiliates of Apollo (NYSE: APO) together with investment affiliates of ...
[+]
Agility, a supply chain services, infrastructure and innovation company, announced that it has finalized its acquisition of UK-based John Menzies PLC and will combine the business with its National Aviation Services (NAS) business to create a world leader in aviation services in 58 countries.Once integrated, ...
[+]
With news of the UN’s late July deal to reopen the Black Sea, allowing ocean grain shipments to resume from Ukraine, leading real-time supply chain visibility platform FourKites® released new data showing that agile shippers are finding ways of managing the volatile situation.Following the grain ...
[+]
American Trucking Associations praised the United States Senate on July 27 for passing the CHIPS Act of 2022 to boost domestic semiconductor manufacturing and urged the House of Representatives to quickly follow suit and send the bill to President Biden for signature.
“Semiconductors and computer chips ...
[+]
DP World Ltd handled 20.2 million TEU across its global portfolio of container terminals in Q2 2022. Gross container volumes increased by 2.9% year-on-year on a reported basis and 3.5 % on a like-for-like basis.Volume growth in Q2 2022 was driven by terminals in Asia ...
[+]
Drewry container equity index slumped 25.9% YTD 2022, as of July 15, 2022, after recording a significant valuation gain of 79% and 133.7% in 2020 and 2021 respectively. Liner stocks started 2022 on a positive note but the global polycrisis originating from the decade-high inflation, ...
[+]
The Port of Oakland’s total loaded container volume in June was down 1.5% compared to June 2021. The port handled 163,757 loaded TEUs in June compared to 166,252 in June 2021. The total volume, including empties, was down 2.9%.Loaded import volume continues to rise. Loaded ...
[+]
SEKO Logistics was voted ‘2022 Top 10 3PL’ in a survey of thousands of buyers of logistics services in North America, capping a year of record growth, which included their biggest-ever global acquisition and the launch of a new ecommerce business unit.SEKO was ranked 4th ...
[+]
Fiscal Year 2022 was another record-breaker for the Georgia Ports Authority, with container volumes growing 8% for a total of 5.76 million TEUs.The Port of Savannah ended the year with a record June, handling 494,107 TEUs in total cargo, up 10.6% or 47,300 TEUs compared ...
[+]
« Back
More »
