Monthly Archives: January 2022
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CMA CGM takes a significant stake in the last mile delivery company
Shipping powerhouse CMA CGM announced on Monday that it has tentatively agreed to acquire a 51% stake in French last-mile delivery company Colis Privé Group, bolstering ... -
Marine Radar Market to Register Growth of USD 147.29 Million at a CAGR of 3.59% | Technologically advanced systems are a key driver
Key Highlights of the Marine Radar Market Report Estimated annual growth rate: 3.97% Key Market Segments: Application (Fishing Vessel, Merchant Vessel, Naval Vessel and Pleasure Vessel) ... -
US helps fund California port project as export delays hurt food makers
CHICAGO, Jan 30 (Reuters) – The U.S. Department of Agriculture said on Sunday it will help fund a new agricultural export container yard at California’s port ... -
China Airlines orders four Boeing 777F freighters – AirlineGeeks.com
[ Aircraft Orders and Deliveries ]January 29, 2022 2:19 p.m. ET By Charlotte Seet China Airlines orders four Boeing 777F freighters With its team of approximately ... -
Shipping company profits at full throttle as trade chaos shows few signs of slowing
Container shipping lines are poised for another bumper year of revenue as supply chain grunts show little sign of abating, much to the chagrin of nearly ... -
Lufthansa Cargo will slowly reopen its Frankfurt hub after the COVID outbreak
Lufthansa Cargo will begin lifting its transit embargo for certain shipments on Monday as the labor situation at its Frankfurt, Germany hub stabilizes following an outbreak ... -
Atlas Air Worldwide to Report Fourth Quarter and Full Year 2021 Results on Thursday, February 17 | News
PURCHASE, NY, Jan. 28, 2022 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) will release results for the fourth quarter and year ended December ... -
Dire situation as Coast Guard searches for 38 missing off Florida
Photo: US Coast Guard MIAMI BEACH, Fla. (AP) — The Coast Guard battled weather and currents Wednesday as its planes and ships searched for 38 people ... -
Cost of rebuilding Highway 520 rises by $406 million for section near Capitol Hill
Governor Jay Inslee wants to use half a billion dollars in federal pandemic relief funds to deal with rapid increases in the cost of replacing the ... -
Power packs: where are the Withering Gems going?
A recent report cites government sources that public sector enterprises (PSUs) have been asked to consider revaluing their assets, shown at historical cost, to reflect current ... -
FedEx and UPS operate large Boeing freighters FAA says vulnerable to 5G
New Federal Aviation Administration regulations prohibiting Boeing 747-8 freighters and all 777 wide-body aircraft from landing at airports where 5G towers could interfere with onboard safety ... -
Navy arrests 7 stowaways in Lagos
Naval officers attached to the Nigerian Navy Ship (NNS) BEECROFT arrested seven Nigerian stowaways aboard a merchant vessel, MV CHESAPEAKE, along the Lagos Canal. The ship ... -
Saia’s 7.5% GRI is the latest in a series of LTL rate hikes in 2022
LTL carrier Saia Inc. announced on Tuesday a general rate increase (GRI) of 7.5%, which will apply to general rate codes. A press release noted that ... -
Infrastructure Malta ordered to cancel €55m tender awarded to Joseph Portelli
A €55m government contract for Gozitan developer Joseph Portelli has been canceled after the Public Contracts Review Board (PCRB) found Infrastructure Malta was wrong to disqualify ... -
Delta Cargo Launches SAF Program for Freight Customers to Achieve Sustainability Goals
Delta Cargo announces the launch of a Sustainable Aviation Fuel (SAF) program to help increase the supply and availability of SAF. The program supports Delta’s path ... -
USS Carson City and the Submarine Killers
The portrait of the USS Carson City somewhere in the Pacific Ocean displaying its camouflage paint. Camouflage paint prevents an enemy from getting an accurate position ... -
North Korea’s exchange rates soar after restart of international freight train service
North Korea’s exchange rates have soared since the restart of China-North Korea freight rail service after a two-year hiatus. There is also a lot of confusion ... -
Shipping agents ring rising import container hoard due to currency crunch
Port of Colombo Ceylon Shipping Agents Association Reveals Over 640 TEUs Of Imports Currently At Colombo Port Nearly 130 TEUs have been lying for more than ... -
Demonstration at Humberside Airport with dozens of protesters outside
About thirty demonstrators lined the road that ran along Humberside Airport this morning to express their opposition to the alleged transport of Beagle dogs for animal ... -
As PLA threat grows, Taiwan’s bid to beef up defense ‘could lead to conflict’
The additional funds will be used to mass-produce precision and long-range missiles as well as warships to bolster the island’s air and sea defenses, according to ... -
See the interior of the Airbus A400M Atlas cargo plane made famous by Tom Cruise
Commercial aircraft manufacturers have long engaged in lucrative business to support the defense industry, and Airbus is no different. While the public marvels at Airbus’ latest ... -
Congresswoman Lizzie Fletcher announces $142.5 million in funding for Port of Houston
HOUSTON – Congresswoman Lizzie Fletcher announced Thursday that the Port of Houston will receive $142,515,000 in new funding under the IInfrastructure Investment and Employment Act (IIJA). ... -
Air Force faces $132 million suit from air cargo pallet maker
By Alyssa Aquino (January 21, 2022, 6:47 PM EST) – The federal claims court on Thursday shattered a contractor’s $132 million lawsuit alleging the Air Force ... -
Fruits of the British Empire: Andrew, Blair and Johnson
By Owei Lakemfa British royalty and the political system, faced with two international criminal suspects: Prince Andrew, son of Queen Elizabeth II, and Tony Blair, former ... -
Shipping constraints and price increases force Southern Aluminum Finishing to make changes
“It’s like shipping spaghetti.” After years of shipping damage, glass companies, such as Atlanta-based Southern Aluminum Finishing (SAF), have had to make some changes to their ... -
ICDs and the first seaport
Published: January 20, 2022 9:32:44 PM The increase in container handling capacity by Inland Container Depots (ICDs) is a good sign. In addition to being increasingly ... -
Passenger volume increases at Ontario airport in 2021, but below pre-pandemic level – Daily Report
More than 4.5 million air travelers entered and exited Ontario International Airport last year, a significant increase from 2020 but well below pre-pandemic passenger volumes. While ... -
The man behind the statue – who was Commodore John Barry and how did he become the father of the US Navy?
A new radio documentary about Wexford man Commodore John Barry, considered the founder of the US Navy, will be broadcast on Dublin FM radio next month. ... -
NTSB chief to federal agency: Stop using misleading statistics | Economic news
By HOPE YEN and TOM KRISHER, Associated Press WASHINGTON (AP) — As the number of road deaths rises, the nation’s top safety investigator says a widely ... -
With a market size valued at $182.4 billion by 2026, it is a return to optimism in the global aerospace ground handling systems market
SAN FRANCISCO, January 18, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report ... -
Interview: GAMECO’s Nobert Marx explains how the freight boom has created a window of opportunity
Guangzhou Aircraft Maintenance Engineering Company (GAMECO) has shifted its business model towards passenger-to-freighter conversions, in response to operators wanting more freighter aircraft. Nobert Marx, CEO of ... -
Countering the Growing Russian Naval Threat in the Black Sea Region
A week of high-stakes talks between Russian and Western officials has failed to reduce geopolitical tension in Eastern Europe, where Moscow has concentrated more than 100,000 ... -
UAE developers and contractors shift to ‘buy local’ as imported materials and shipping costs soar
Dubai: Developers and construction companies in the UAE are working on a fundamental principle these days: buy local if possible. Because if they have to rely ... -
FedEx seeks permission to install anti-missile lasers on its cargo plane
Maybe all airplanes should have this? Supply chain security FedEx has asked the US Federal Aviation Administration if it can install anti-missile lasers on cargo planes, ... -
Supply chain constraints may have peaked in 2021
Supply chain pressures remain well above pre-pandemic levels, but there are signs that global trade relations could begin to normalize this year, even as many countries ... -
Boeing’s new 777X flagship sees potential in cargo and private jets
The Boeing 777X is poised to be a popular seller in the private jet and cargo areas in addition to commercial airlines. Cargo carriers are looking ... -
New security risks cast shadow over Kenya’s struggling Lamu port
Inaugural Lamu Port call, May 2021 (File image courtesy of LAPSSET Corridor Program) Posted on January 14, 2022 10:23 PM by Njiraini Muchira Kenyan authorities are ... -
Court acquits retired air commodore Umar Mohammed of money laundering charges
A federal high court in Abuja has cleared and acquitted Umar Mohammed, a retired air commodore, of money laundering charges. Mohammed was, in 2020, again arraigned ... -
Labor leader promises strategic sea fleet as part of Australia’s war preparations
Labor’s plan to create a so-called ‘independent strategic fleet’, announced by Federal Opposition Leader Anthony Albanese in the New South Wales port city of Newcastle last ... -
Record number of containers handled by Singapore ports last year, number expected to increase
SINGAPORE – A record 37.5 million 20ft equivalent units (TEUs) of containers passed through Singapore’s ports last year, making it the busiest transhipment hub in the ... -
Ryanair accuses Lufthansa of faking climate fears to keep airport slots
Ryanair Holdings Plc accuses its German competitor Deutsche Lufthansa AG of raising false environmental concerns about so-called ghost flights to protect its bases at major airports. ... -
Price controls and government spending won’t solve inflation
The United States experienced its highest inflation rate in almost 40 years last year. Not surprisingly, the public expects the government to do something to bring ... -
Jerome Powell says Fed is ready to hike rates to bring inflation under control
Federal Reserve Chairman Jerome H. Powell told lawmakers on Tuesday that a rapidly recovering economy no longer needed so much help from the central bank and ... -
How Air Arabia chief Adel Ali positions the group for post-pandemic growth | Interview
As the Covid-19 pandemic has tested Adel Ali’s ‘don’t panic’ mantra when it comes to managing crises, Air Arabia Group CEO is leading his business through ... -
Afghan Refugee Nonprofits Navigate Austin’s Affordability and COVID Concerns
AUSTIN (KXAN) – The need for affordable housing has been at the center of discussions in Austin in recent years, spurred by continued rent inflation and ... -
John Kidd obituary (1928 – 2022) – Richmond, VA
KIDD, John “Jack” Alexander, 93, of Westminster Canterbury, Richmond, passed away on Sunday January 2, 2022. He was predeceased by his wife of 68, Jane Lambert ... -
Once the fastest ship is now found it rusts
The SS United States once had the reputation of being the largest ship ever built by the country of its name, but it is now long ... -
Public transport fares increase | Independent Geelong
Ash bolt It will cost you a bit more to take the bus or train to Geelong as public transport fares go up. The new year ... -
Chinese space station: robotic arm successfully transfers cargo ship
01:05 The robotic arm attached to the Chinese space station managed to grab and transfer the Tianzhou-2 cargo ship during a test Thursday, the China Manned ... -
How F-22 Raptor and F-35 aircraft developers planned to use Oudo’s Boeing 747 and Airbus A380 with a giant all-round VLST aircraft
Lockheed Martin, the maker of America’s most sophisticated military jet, including the F-35 and F-22 Raptor, has previously attempted to create a sensation in the commercial ... -
Good ol ‘rock and roll band sings 2 great presidential speeches
Top Secret – the band circa 1984. (Left to right) Ron Turner, Jimi Rezin, Bryan Fulbright – Photo by band photographer Historians will analyze, celebrate, or ... -
Conagra Brands Does Not See Profits As Raw Material And Shipping Costs Go Up
Packages of Birds Eye food, a brand owned by Conagra Brands, are seen at a store in Manhattan, New York, the United States, November 15, 2021. ... -
Quantum computing application has real success at Pier 300 in the Port of Los Angeles
JACKSON, Wyo., January 5, 2022 / PRNewswire / – The Port Los Angeles is known as the busiest port in the United States, and this was ... -
Green reaction to Amazon’s air freight project
California Attorney General Rob Bonta is fighting an Amazon air freight project in the state. Photo: California Department of Justice California Attorney General Rob Bonta has ... -
Every US-based cruise ship with passengers has reported cases of COVID-19
Cruise ships in PortMiami, 2016 (Corey Seeman / CC BY-NC-SA 2.0) Posted on Jan 4, 2022 6:38 PM by The maritime executive With just 11 days ... -
Moderna shipped 800 million doses of Covid-19 vaccine in 2021
Text size Syringes with Moderna’s Covid-19 vaccine. Thomas Lohnes / Getty Images Modern said in a letter to shareholders on Tuesday that it had shipped around ... -
Here’s what we love about the SUV (and 2 things we hate)
Boasting an exceptional lineup of cars and SUVs designed to deliver ultimate comfort and impressive performance, Acura is a division of the Honda Motor Company, Ltd. ... -
STB sets dates for next reciprocal switching hearing
Late last month, the Surface Transportation Board (STB), an independent economic adjudication and regulatory body tasked by Congress with resolving rail fare and service disputes and ... -
Pole Star – Brian Maye on Antarctic Explorer Ernest Shackleton
The great explorer Ernest Shackleton died suddenly of a heart attack on January 5, 100 years ago in South Georgia in Antarctica, for exploring much of ... -
Apple’s 2022 monitor rumored to cost half the price of Pro Display XDR
AppleInsider is supported by its audience and can earn commission as an Amazon Associate and Affiliate Partner on qualifying purchases. These affiliate partnerships do not influence ... -
Cambodian Airport Operator and Rice Exporter Expect Increase in Activity After RCEP Comes into Force
Cargo planes then landed in Cambodia on Friday, a day ahead of the entry into force of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement, ... -
Chinese factory activity increased slightly in December
Manufacturing activity in China edged up in December, official data showed on Friday, beating expectations as commodity prices declined and despite sporadic shutdowns due to Covid ... -
Dividend shares in January 2022
Ram Information: The registration date of the interim dividend of Rs. 0.5 or 5% for fiscal year 2021 has been decided on December 24 and the ...