Business
Resilient international demand for air cargo capacity in August versus a shortfall in supply pushed average global air cargo rates up 112% to their pre-Covid level as a local lockdown in Vietnam and the closure of cargo handling terminals at Shanghai Pudong International Airport after a handful of new Covid cases demonstrated the fragility of supply chains.CLIVE Data Services’ industry analyses for August 2021 shows volumes up 1% compared to ...
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Emirates will receive three more A380 aircraft from Airbus this year with its last unit on order scheduled to join its fleet in November, bringing forward the original deliverytimeline from June 2022.
These deliveries will bring Emirates’ total fleet of A380s to 118 units in November.
As ...
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The Oregon International Port of Coos Bay announced on September 1 that it has partnered with NorthPoint Developmentto construct a multimodal container facility on the North Spit. The Port and NorthPoint have entered into a Memorandum of Understanding (MOU) for the project, with the intention ...
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Vietnam Airlines has selected Worldwide Flight Services (WFS) as its new cargo handling partner at Amsterdam Airport Schiphol.The multi-year contract will see WFS providing full cargo handling services for the airline’s twice-weekly Airbus A350-900 passenger freighter aircraft flights directly connecting freight forwarders, importers and exporters ...
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Port Everglades broke its historic high for July with 91,285 TEUs.
“We are confident that we will once again top 1 million TEUs this fiscal year, signaling a clear return to pre-pandemic trade between the United States, Latin America and the Caribbean,” said Port Everglades Chief ...
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Cargo handling services provider Alliance Ground International (AGI) has opened a new 76,000-square-foot off-airport air cargo facility five minutes from Newark Liberty International Airport, New Jersey, to process import freight.
The handler is also relocating from existing facilities at Newark (EWR) to a 24,000-square-foot facility on ...
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Port Houston reached new heights with its biggest month ever recorded for container TEUs. This July Port Houston recorded 297,621 TEUs, an increase of 27% compared to July 2020 and an increase of 224 TEUs from the previous all-time record set in March 2021.Year-to-date Port ...
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The American Association of Port Authorities (AAPA) announced that the U.S. Department of Homeland Security’s (DHS) Federal Emergency Management Agency (FEMA) has recently awarded $100 million to over 44 U.S. Port Authorities, along with numerous terminal operators, municipalities and policing entities to further enhance the ...
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Agility announced that it expects to complete the sale of its Global Integrated Logistics (GIL) business to DSV Panalpina A/S.
The all-shares transaction gives Agility 19,304,348 DSV shares upon full completion of the deal in all jurisdictions, representing approximately 8% of all post-transaction shares of DSV. ...
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Deutsche Post DHL Group has signed an agreement to acquire up to 100% of J.F. Hillebrand Group AG and its subsidiaries at an equity value of around €1.5 billion. Hillebrand is a global service provider specialized in ocean freight forwarding, transport and logistics of beverages, ...
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