Freight News
SATS Ltd. announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services (WFS) for €1.3 billion (equivalent to approximately S$1.8 billion) from an affiliate of Cerberus Capital Management, representing an enterprise value of €2,250 million as previously announced.
The acquisition received an overwhelming support of 96.8% approval from SATS’ voting shareholders in January this year and obtained regulatory approvals in all relevant jurisdictions in February. With ...
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It’s nice to have periodic check-in meetings over the phone or video call, but I like to schedule them ahead of time and keep them to 15 minutes. If I’m in a creative mode and a client calls me, I’m all confuzzled and have a ...
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A B767 freighter operated by Air Canada Cargo touched down in Liege, Belgium, on March 30, connecting a key European destination to Toronto and the carrier’s extensive global network.
Flights will operate twice per week to Liege, with service increasing to three flights per week later ...
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The Port of Brownsville continues its mission to advance business development in the Rio Grande Valley while conserving the regional ecosystem.
At a regular board meeting held Mar. 15, the Brownsville Navigation District (BND) Board of Commissioners unanimously voted to pass a resolution recognizing the value ...
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Longer-term contracts between shippers and freight forwarders may signal ‘more common ground’ in a stabilizing global air cargo market which saw demand dip at a slower -3% year-over-year in March, according to the latest weekly market insight from industry analysts CLIVE Data Services, part of ...
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MSC and the Global Centre for Maritime Decarbonization (GCMD) have announced the signing of a five-year Impact Partnership agreement.This agreement sees MSC, the world’s largest shipping line combine forces and industry expertise with GCMD. GCMD, strategically located in Singapore, the world’s largest bunkering hub and ...
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A new direct liner service of Oceanus Line is now providing an efficient all-water link between key seaports of Mexico and Colombia and the dynamic U.S. ports of SeaPort Manatee on the Florida Gulf Coast and Port Freeport on the Texas Gulf Coast.With inaugural calls ...
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10 Tips for Chatbot Training & SiteGPT's AI Chatbot
We practically will have chatbots everywhere, but this doesn’t necessarily mean that all will be well-functioning. The challenge here is not to develop a chatbot but to develop a well-functioning one. The machine-learning component of LLMs automatically ...
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So, with all of the fuss remodeled NFTs, is it accurate to say that they’re now mainstream? This article makes a strong case for believing that NFTs at the second are baked into the public consciousness. It doesn’t hurt that a variety of high-profile celebrities ...
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Food, batteries and pharmaceuticals are just some of the goods that need to be transported in temperature-controlled reefer containers. To meet increased demand, APM Terminals Gothenburg will double its reefer connections to more than 200 in the first half of this year. Improvements to the ...
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