Freight News
A recent report by Bloomberg News states that Ports America and Highstar Capital, a private equity firm that owns Ports America, is looking to find a buyer for the sale of Ports America. The company could be valued at about $1 billion in a sale.
Although those interviewed by Bloomberg asked not to be identified because the information is private, sources said that Highstar Capital, which owns Ports America, is working ...
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CargoLogicAir, the new British cargo airline, has taken delivery of its first Boeing 747-8 Freighter at the Farnborough International Airshow 2016.
Chief Executive Officer, Dmitry Grishin, received the ‘keys’ to the aircraft from Marty Bentrott, Vice President Sales - Middle East, Russia & Central Asia, Boeing ...
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In the ever evolving world of steamship alliances, Hyundai Merchant Marine Co Ltd (HMM) reported on July 14 that it has signed a preliminary deal to join the 2M Vessel Sharing Agreement (2M VSA), a leading container shipping alliance comprised of the world’s largest container ...
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DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, is responsible for the majority of Electrolux' global ocean freight LCL shipments. The appointment by the Swedish home appliances manufacturer comprises an annual estimated cargo volume of more than 20,000 cubic ...
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The Georgia Ports Authority has received a $44 million Fixing America's Surface Transportation (FAST) grant from the U.S. Department of Transportation to increase rail capacity at the Port of Savannah.
"As the nation's fourth busiest container port, Savannah's continued rail expansion is a key component to ...
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Hamburg Süd has been named Top Ranked Carrier 2016 by the Agriculture Transportation Coalition (AgTC) on the basis of the annual AgTC Ocean Carrier Performance Survey. In the survey, in which member companies of the AgTC – chiefly US exporters and importers of agricultural and ...
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The Agriculture Transportation Coalition (AgTC) recently named Jim Newsome, SCPA president and CEO, the first Person of the Year award recipient in the Coalition’s 28-year history.
“Never has an individual so distinguished himself in a manner that will have such a positive impact on all participants in ...
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DB Schenker has invested millions in the digital future, signing a five-year partnership agreement with US-based online freight shipping marketplace uShip for exclusive collaboration in Europe. The goal of the partnership, worth tens of millions, is to harness new, digital innovations that get freight moved ...
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The Halifax Port Authority Board of Directors has approved a contract extension for Karen Oldfield, President and CEO, until December 2018. The next few years are critical in the master planning for the Port of Halifax and Ms. Oldfield will be leading her team through ...
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The British Museum has appointed IAG Cargo as the official logistics partner of the upcoming “South Africa: 3 Million Years of Art” exhibition that opens Oct. 27, 2016 and runs through Feb. 26, 2017, in London. The artworks will be transported via IAG Cargo’s “Secure” ...
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