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Atlas Air Worldwide Acquires Southern Air

Atlas Air Worldwide Holdings, Inc. has completed its acquisition of privately held Southern Air Holdings, Inc., a premier provider of intercontinental and domestic CMI (crew, maintenance and insurance) services, in an immediately accretive transaction for cash consideration of approximately $110 million, subject to customary adjustments. The company did not assume any debt in connection with the acquisition. The strategically compelling, highly complementary combination provides Atlas Air Worldwide immediate entry into ... [+]

Batman’s wheels ready to fly

Hidden inside the anonymous container are the wheel’s of a superhero. Turkish Cargo transported the Batmobile from the US to London on an intercontinental cargo flight following the launch of the latest film, Batman v Superman: Dawn of Justice. Neither Metropolis nor Gotham City was on ... [+]

New Contract Between ACL and Ceres Halifax

Atlantic Container Line (ACL) is maintaining its twice weekly call at Halifax with its new G4 RORO/Containerships thanks to a new contract between Ceres Halifax Inc and ACL that runs through 2022. ACL is continuing to serve the North American and European markets at the ... [+]

Smart Phone Apps for Port of Oakland Harbor Truckers

The Port of Oakland is launching two smart phone applications that could transform containerized cargo handling at seaports. The apps provide a highly anticipated tech-based calculation of harbor trucker turn times – an elusive industry metric. The apps, DrayQ™ and DrayLink™, employ Bluetooth, WiFi and ... [+]

VOLGA-DNEPR, Chapman Freeborn Deliver Welding System to Malaysian Power Station

A 19-ton portable welding system was part of a shipment delivered to Malaysia by Volga-Dnepr Airlines and air charter specialists Chapman Freeborn to support restoration work at one of the country’s biggest electricity power stations. The IL-76TD-90VD freighter flight operated to Bintulu, Malaysia, from Jakarta in ... [+]

“A” Rating for Port Canaveral

As Port Canaveral progresses with its $244 million capital program budgeted this year to upgrade its cruise and cargo facilities, Fitch Ratings affirmed an ‘A’ ranking for $13 million of outstanding revenue bonds, series 2006 A&B, and declared all Canaveral bonds as ‘stable.’ Canaveral Port ... [+]

Economist Expect Ports Industry to Grow in 2016

Supply chain experts expect cargo should continue to grow through 2016 even though uncertainty remains as the economy and industry continue to evolve. seven speakers from all segments of the supply chain offered their thoughts on megaships, congestion, cargo volumes and the future of the transportation ... [+]

MSC, INTTRA Enter New Digital Partnership to Address SOLAS VGM Requirements

MSC, a world leader in global container shipping, and INTTRA, the world's ocean shipping electronic marketplace, have created a new partnership which will introduce a customer-friendly solution to new container weight safety regulations. Under the agreement, MSC will use INTTRA’s eVGM software as a channel ... [+]

OIA Global Opens Office in Barcelona, its 20th in Europe

OIA Global, a leading logistics, packaging and materials sourcing provider, announced additional European expansion with the launch of its new office in Barcelona, Spain. OIA’s decision to open the new office was driven by demand from several existing multi-national customers. “When our clients target ... [+]

CMA CGM WAX Service Improves Korea Coverage

CMA CGM informs its customers of a change of rotation on its WAX service operated with 13 vessels up to 4,350 TEU on the Asia-West and South Africa trade. As from m/v BERMUDA, starting her rotation in Pusan on April 11th, 2016, Pusan port call will ... [+]

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