Business
For the first time in its history, the Port of Savannah has moved 5.3 million TEUs, growing cargo volumes by 20% in FY2021, or nearly 900,000 TEUs compared to the previous year.“GPA leadership, our employees and our partners across the logistics community put in tremendous effort to make this milestone possible,” said incoming GPA Board Chairman Joel Wooten. “Growing our business by 20% in a single year is an amazing ...
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In the first half of 2021, GEODIS achieved revenues of €4,865 million, up +21% compared to 2020 at constant exchange rates and scope of consolidation, resulting from sustained activity recorded in all the Group's business lines and regions.o EBITDA of €458 million, up by more ...
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XPO Logistics, Inc. announced its financial results for the second quarter 2021. Revenue increased to $5.04 billion for the second quarter, compared with $3.50 billion for the same period in 2020. Net income attributable to common shareholders was $156 million for the second quarter, compared ...
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The International Air Transport Association (IATA) released data for global air cargo markets for June showing a 9.9% improvement on pre-COVID-19 performance (June 2019). This pushed first half-year air cargo growth to 8%, its strongest first half performance since 2017 (when the industry posted 10.2% ...
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CMA CGM Group announces that TradeLens subscribers now have the possibility to retrieve booking information, visibility on their container tracking as well as B/L data for all the CMA CGM group carriers.TradeLens is the world’s largest containerized freight blockchain platform. With TradeLens, CMA CGM offers ...
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Freightify, a startup that refers to itself as the “Shopify for maritime freight,” has secured $2.5 million in pre-Series A funding to help the company with its ocean rate management platform.In 2020, The company, originally known as FreightBro, became the first platform to integrate into ...
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The Jacksonville Port Authority (JAXPORT) recorded strong container and vehicle volumes during the first three quarters of Fiscal Year 2021. During this time, JAXPORT moved more than one million containers, a 15 percent increase over the same period last year. JAXPORT’s fiscal year runs Oct. ...
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LATAM Airlines has awarded Worldwide Flight Services (WFS) a cargo handling contract extension at Barcelona Airport.Having initially appointed WFS in Barcelona in 2018, LATAM has now signed a new three-year agreement for WFS to handle cargo onboard its Boeing 767 operations carrying import and export ...
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La Compagnie, the 100% SMART BUSINESS CLASS airline, has appointed Worldwide Flight Services (WFS) to support its first-ever venture into the air cargo market.It has awarded WFS a three-year contract to handle cargo onboard its Airbus A321LR services from Paris Orly to New York’s Newark ...
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After a first commitment taken by Bolloré Logistics to cover at least 60% of its 2021 traffic with Air France KLM Cargo (AFKLMP Cargo) flights between CDG and JFK by SAF, enabling a global CO2 reduction of 50%, its subsidiaries Bolloré Logistics USA and Mexico ...
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