Business
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 the world's largest passenger ports and one of Sweden's largest freight ports. The figures for the first quarter of 2022 show growth across all business ...
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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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Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Foxtrot, a leading provider of machine learning-based mobile route execution solutions.
Foxtrot's advanced machine learning algorithms leverage millions of data points collected from vehicles in the field, helping customers ...
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Canadian Pacific and Hapag-Lloyd announced on April 25 an additional call into Port Saint John, N.B., via a seasonal extra loader in another step forward for the growing Atlantic Canada port.This additional call follows their inaugural service call into Port Saint John in May 2021, ...
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A.P. Moller-Maersk has announced the completion of its acquisition of Pilot Freight Services, a leading U.S.-based international and domestic supply chain provider with cross-border solutions into Canada and Mexico. Pilot Freight Services will be rebranded to Pilot – A Maersk Company.Maersk sees the strategic and ...
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Miami-Dade County Mayor Daniella Levine Cava was joined by the Chairman of the Port of Haifa Eshel Armony, the CEO of Haifa Port Company Mendi Zaltzman, and PortMiami Director of Global Trade & Business Development Eric Olafson in the signing of a renewed Sister Seaport ...
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SCOPE: UNITED STATES TO ALL DESTINATION VIA THE SUEZ CANALEffective May 25th, 2022The Suez Canal Authorities have decided to increase the toll fee. Therefore, MSC is compelled to increase the Suez Canal Surcharge (SCS) for all shipments originated in the USA going via the Suez ...
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The Port of Virginia® is the only US East Coast stop for ocean carrier Hapag Lloyd’s reworked Mediterranean Gulf Coast Express (MGX) that will move cargo overland by rail to California via Virginia.“This is an innovative decision by one of our long-time customers to take ...
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Air Canada reports a substantial year-over-year improvement in its first quarter results."The year began with weakness brought on by the Omicron variant and travel restrictions. However, we quickly rebounded in March with passenger volumes exceeding the strong December levels and passenger ticket sales in March ...
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