Business
An international alliance of 45 companies, knowledge institutes and port authorities, headed by the Port of Rotterdam Authority, has been awarded nearly € 25 million in EU funding. The consortium will be using this grant to execute 10 pilot projects and demonstration projects that focus on sustainable and smart logistics in port operations. In the years ahead, the transport sector is expected to transition to clean power. At this moment ...
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Port of Oakland passes milestone, sets all-time cargo record
Another month, another record at the Port of Oakland. Port officials reports that the Port of Oakland handled 100,096 TEUs in April - the most for a single month in the port’s 94-year history. It marked the ...
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SmartKargo, a leading Cloud provider of air
cargo solutions that extend markets for global airlines, has announced
the successful Go-live of its state-of-the-art e-commerce shipping
solution for Norwegian-based Widerøe Airlines. The partnership enables
Widerøe to take a giant leap and empowers entry into the ...
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Aeromexico Cargo recently inaugurated a direct route between the Wuhan-Tianhe International Airport and the Mexico City International Airport for exclusive cargo transportation. This was celebrated at an event held at Wuhan airport, in the presence of the Mexican Ambassador to the People's Republic of China, ...
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Hapag-Lloyd has concluded the first quarter of 2021 with earnings before interest, taxes, depreciation and amortization (EBITDA) of roughly $1.9 billion (approximately EUR 1.6 billion). Earnings before interest and taxes (EBIT) rose to roughly $1.5 billion (approximately EUR 1.3 billion). The Group net result improved ...
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As global trade booms, the container shipping industry is introducing another new vessel service at the Port of Oakland. The Port announced that Taiwan-based Wan Hai Lines launched its weekly AA5 Service here last month. The route links three ports in China and one in ...
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As express and e-commerce markets continue to drive strong demand for production and converted freighters, Boeing announced on May 5 a new partnership with a Costa Rica-based maintenance, repair and overhaul (MRO) provider to create additional conversion capacity for the 737-800 Boeing Converted Freighter.
Boeing will ...
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IAG Cargo, the cargo arm of International Airlines Group (IAG) reports its Q1 financial results with cargo markets still impacted by the pandemic.
Revenues of €350 million were achieved from January 1 to 31 March 2021; an increase of 50% at constant currency versus the same ...
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Gaining new operational advantages and efficiencies for its refrigerated shipping operations, Atlantic Container Line (ACL) is acquiring 150 new containers equipped with Carrier Transicold PrimeLINE® refrigeration units featuring the Lynx™ Fleet digital solution.
ACL, which is part of the Grimaldi Group, is adding the new ...
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Global air cargo demand bounced back into growth in April after a -3% dip in March, with high load factors keeping the international airfreight system under significant strain as the traditional surge in summer capacity has so far failed to materialize for a second consecutive ...
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