Business
In an effort to strengthen its global air freight position, A.P. Moller – Maersk recently announced the intended acquisition of Senator International, a well-renowned global freight forwarding company with a strong air freight offering.
Furthermore, to expand its own controlled air network, Maersk is adding aircraft to its operations: three leased cargo planes to be operational from 2022 and two newbuilding Boeing aircraft to be deployed by 2024.
Air freight is a ...
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In a major step towards digitalization and improving quality in worldwide cargo handling, Lufthansa Cargo is partnering with IBS Software to digitalize critical handling processes for special products and services like dangerous goods, pharmaceuticals and fresh produce. The deployment represents significant progress for Lufthansa Cargo’s ...
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The Long Beach Board of Harbor Commissioners approved an agreement with ABL Space Systems to build a spacecraft processing facility at the Port of Long Beach and use waterfront area for the delivery and shipping of its cargo.
Founded in 2017, El Segundo-based ABL Space Systems ...
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Specialist heavy lift project carrier, AAL Shipping (AAL) has acquired two heavy lift 'mega-size' 33,000dwt W-Class multipurpose vessels (MPVs) from the second-hand market, the 'AAL Mars' and the 'AAL Merkur'. The vessels have been serving within the Carrier's operating fleet worldwide on a commercial management ...
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Hongyuan Group, a corporation providing global trade, supply chain finance, logistics real estate and freight services, has entered into a five-year unit load device (ULD) supply and management partnership with Unilode Aviation Solutions, the market leader in outsourced ULD management and repair services.
Hongyuan Group operates ...
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CEVA Logistics became the world’s first company to receive IATA’s new CEIV Lithium Battery certification at the International Air Transport Association’s (IATA) annual World Cargo Symposium (WCS) in Dublin, Ireland, in mid-October.CEVA had teamed with IATA to support the development of the new certification program.The ...
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Container xChange, a tech company involved in trading and leasing of containers, finds that the market situation is improving for the leasing of containers as one-way leasing charges, spot rates and other freight costs are starting to stabilize and average standard container prices are witnessing ...
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.4% in September after rising 0.3% in August. In September, the index equaled 112.9 (2015=100) compared with 110.2 in August.
“September’s sequential gain was the largest in 2021,” said ATA Chief Economist Bob Costello. ...
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Kerry Logistics Network Limited and Hengan International Group Company Limited, the leading producer of hygiene consumables in China, have set up a joint venture company to create synergy in the business-to-business bulk distribution and wholesale market of medical, healthcare and hygiene products. By combining KLN’s ...
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Container volume back above pre-corona level, large increase in throughput of oil products, iron ore, coal and biomass
Goods throughput in the port of Rotterdam rose to 118.5 million tonnes in the third quarter, 14.6% more than in the same period last year. Throughput was 350.1 ...
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