Freight News
Bolloré Group signed an agreement on April 1 to sell 100% of Bolloré Africa Logistics to the MSC Group. The sale comprises of the Bolloré Group's transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of 5.7 billion euros.The sale remains subject to regulatory and competition approvals and the agreement of certain of Bolloré Africa Logistics’ counterparties and is expected to be ...
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As a result of their long-term partnership, CHAMP Cargosystems and Air Cargo Belgium have launched an innovation platform - powered by CHAMP - to support innovation within the air cargo community.The new platform, which debuted March 13, 2022 at the Air Cargo Belgium Innovation Forum ...
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On April 1, the ports of Long Beach and Los Angeles launched the Clean Truck Fund rate. The rate – $10 per twenty-foot equivalent unit on loaded import and export cargo containers hauled by drayage trucks as they enter or leave container terminals – will ...
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Deutsche Post DHL Group has closed the acquisition of J.F. Hillebrand Group AG (Hillebrand) and its subsidiaries at an equity value of €1.5 billion. After obtaining all necessary regulatory approvals by the required antitrust authorities, the takeover has been consummated. The companies had already signed ...
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The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category. The President’s recommended funding targeted project closeout appropriations of $157.3 million. Once approved by Congress, ...
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MSC is reinstating Seattle to its Eagle Service that it omitted last October due to increased waiting time for vessel berthing at the port.The first sailing will be MAERSK SEVILLE on voyage 214N, estimated to depart Kaohsiung on April 10.
The revised port rotation will be ...
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The recently approved federal work plan contains the final piece of funding for The Port of Virginia’s dredging project that will create the deepest and widest shipping channels on the US East Coast by late 2024.The work plan, released last week by the US Army ...
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Ensuring the continuation of international pharma supply chains while countries closed their doors to one another during the pandemic, Turkish Cargo had a significant success when it comes to vaccine transportation. Being the fastest growing air cargo carrier in the world during 2021 when negative ...
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Aeroterm, a leading owner and developer of on-airport cargo facilities, has acquired two airport adjacent warehouses in Dorval, Quebec. Located less than 10 minutes from Montréal – Trudeau International Airport and offering a combined total of 220,860 square feet across 13.38 acres, the warehouses are ...
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https://www.youtube.com/watch?v=Kh7P38c68xU
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