Business
The Port of Virginia® continues to be an expanding economic force in the Commonwealth’s economy, says a recent study conducted by The College of William & Mary that analyzes the overall value of the port to the Virginia economy during fiscal year 2021 (FY21).
“The Port of Virginia is growing and delivering significant, positive results for the Virginia economy,” said Stephen A. Edwards, the CEO and executive director of the Virginia ...
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Drewry’s composite World Container Index decreased marginally by 0.5% to $9,376.70 per 40ft container this week.Source: World Container Index, Drewry Supply Chain Advisors
Our detailed assessment for Thursday, 3 February 2022• The composite index decreased marginally by 0.5% this week, but, remains 79% higher than a ...
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MSC & ZIM have decided to cease their cooperation on the North Europe – East Med trade.Within said reorganization, the joint service on MSC’s Israel Express will terminate effective as from end of March 2022.The last vessel of this joint service will be MSC LAUSANNE, ...
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Airbus has launched a new air-cargo service using its unique BelugaST fleet to offer freight companies and other potential customers a solution to their outsized freight transportation needs.The new service - Airbus Beluga Transport - will provide commercially-contracted customers in a variety of sectors, including ...
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Project heavy lift specialist AAL Shipping (AAL) has delivered 456-metric-tonne industrial tower components to the US West Coast. The cargo was loaded in South Korea onboard the 31,000-deadweight heavy lift AAL Pusan and transported across the Pacific to the Port of Everett in Washington on ...
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Boeing launched the new 777-8 Freighter on January 31 and expanded its market-leading 777X and freighter families of jetliners with an order for up to 50 aircraft from one of the world’s largest cargo carriers, Qatar Airways.
Qatar Airways will be the 777-8 Freighter launch customer ...
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FedEx Corp. and Microsoft Corp. announced ton January 24 the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics ...
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Port of Savannah moved a record 5.6 million TEUs in CY 2021, growing volumes by a million TEUs, or 20%, compared to 2020. In Brunswick, Colonel’s Island Terminal handled 649,550 units of cars, trucks and machinery, an increase of 10.6%.The Port of Savannah has experienced ...
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Amsterdam Airport Schiphol’s total cargo volume for 2021 increased by 15.7% to 1.66 million tonnes compared to 2020.
Last year, inbound cargo volumes increased by 15.2% to 869,241 tonnes in 2021 compared to 2020, and outbound cargo volumes also increased by 16.1% to 798,063 tonnes during ...
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The Port of New Orleans (Port NOLA) ended the year in 2021 strengthening its economic benefit to the region and state with wins across all four of its lines of business: cargo, rail, industrial real estate and cruise. The calendar year closed with breakbulk and ...
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