Business
The Port of Savannah handled 495,782 TEU equivalent container units in April, a record for the month of April and the Georgia Ports Authority’s third busiest month ever. GPA’s Garden City Terminal now handles nearly one out of every nine loaded containers crossing the nation’s docks.
“The phenomenal growth we have achieved has been made possible by the team effort of GPA and Gateway Terminals employees, the International Longshoremen’s Association, and ...
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Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, announced it has acquired Mandai Link Logistics, marking the company’s market entry into Singapore. Financial terms of the transaction were not disclosed.
“Mandai established Singapore’s first fully automated cold storage ...
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South Carolina Ports continues to handle record cargo volumes while making significant progress with terminal and berth fluidity amid ongoing supply chain challenges.SC Ports had its highest April ever for containers handled, marking the 14th consecutive month of cargo records at the Port of Charleston. ...
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The Alabama Port Authority released its April 2022 results for container volumes through the Port of Mobile showing a 39.7% increase over April 2021 volumes. The port’s container intermodal transfer facility posted 112.6% growth in April compared to April 2021 volumes handled, and refrigerated cargo ...
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Emery Air has implemented CHAMP’s Cargospot Handling solution. The solution supports the Chicago-based ground handling agent’s operations at Chicago-Rockford International Airport boosting efficiency and speed of its cargo operations that service the US air cargo supply chain.CHAMP’s Cargospot Handling is a sophisticated and comprehensive cargo ...
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IAG Cargo financial results for Q1 2022 show revenues of €432 million for the period from January 1 to March 31, 2022, representing an 18.6% increase at constant currency versus the same period last year. Overall yield for Q1 2022 was up 2.3% at constant ...
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The Port of Virginia in April processed more than 323,000 TEUs making it the second-most productive month in the port’s history for handling export and import containers.“The operations team really performed well during a very busy month,” said Stephen A. Edwards, CEO and executive director ...
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Goods volumes and the number of passengers travelling via Ports of Stockholm are rising. The year's first quarter shows growth in all business segments. RoRo, containers and bulk goods are all increasing, and passenger numbers are continuing to rise rapidly.
Ports of Stockholm is one of ...
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The Lufthansa Group has announced that it will invest in expanding the capacity of Lufthansa Cargo's freighter fleet by ordering ten freighters: three current-technology Boeing 777F freighters and seven 777-8F freighters, the latter of which is Boeing's next-generation freighter. In addition, leases for two B777F ...
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Maersk delivered record results for Q1 2022 across its businesses, driven by higher rates and strong long-term partnerships with customers seeking end-to-end supply chain support. Revenue was up 55% to $19.3 billion. EBITDA more than doubled to $9.1 billion and free cash flow increased to ...
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