Business
Worldwide Flight Services (WFS), the world’s largest air cargo handler and one of the leading providers of ground handling and technical services, announces the acquisition of IAS Logistics DFW, LLC (d/b/a “Pinnacle Logistics”), a leading provider of cargo handling services in the United States. Financial details were not disclosed.Headquartered in Fort Worth, Texas, Pinnacle Logistics is a leading provider of cargo handling services for the aviation market in the U.S. ...
[+]
The American Apparel & Footwear Association (AAFA) signed a memorandum of understanding in cooperation with the Kenya Association of Manufacturers (KAM). As the representatives of the apparel and footwear industry in both the United States and Kenya, the groups have agreed to collaborate on policy ...
[+]
Amerijet International Airlines has appointed Exp-Air Cargo as its Cargo General Sales and Service Agent to represent its schedule across the ten provinces and three territories of Canada. Exp-Air Cargo will be providing full cargo sales, marketing, customer service and road feeder services connecting to ...
[+]
Drewry’s composite World Container index increased 2.9% or $291 to $10,374.64 per 40ft container. Here are further detailed assessments for Thursday, 16 September 2021.• The composite index increased 2.9% or $291 this week, and also, remains 323% higher than a year ago.• The average composite ...
[+]
Containerized cargo volumes continue to climb in 2021 as shippers seek uncongested gateways servicing key North American markets. In August, container volume through the Port of Mobile increased 34 percent over August 2020 volume, while year-to-date volume posted 27 percent over the same period last ...
[+]
Port of Oakland beef exports – almost exclusively to Asia – increased 25% this year between January and July. The Port called the surge extraordinary in a year when shipping disruptions have hobbled global supply chains.“Demand for high-qualify U.S. meat products is off the charts,” ...
[+]
Atlas Air, Inc., announced it has entered into contract extensions with DHL Express to continue operating 20 freighter aircraft in support of their fast-growing express and e-commerce markets.These agreements build on the strategic partnership between Atlas Air Worldwide and DHL, which began in 2008 and ...
[+]
Canadian Pacific Railway Limited announced on September 12 that it has completed negotiations of a proposed merger agreement with Kansas City Southern, which the KCS Board of Directors has deemed a "Company Superior Proposal."CP stands ready to execute a definitive merger agreement to create the ...
[+]
A.P. Moller – Maersk (Maersk) recently announces the acquisition of HUUB, a Portuguese cloud-based logistics start-up, specialized in technology solutions for B2C warehousing for the fashion industry. This is Maersk´s third acquisition this year within E-commerce Logistics and it comes through our venture activities with ...
[+]
The peak shipping season started with a roar and lifted the Port of Long Beach to its strongest August on record.Dockworkers and terminal operators moved 807,704 TEUs of container cargo last month, an 11.3% increase compared to August 2020. Imports were up 11.7% to 407,426 ...
[+]
« Back
More »
