Tag: long term
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APM Terminals exits Russian port business
Global Ports Investments PLC (Global Ports), a company listed on the London Stock Exchange, today announced that the company and its board of directors have been ... -
Air Canada will add 3 freighters in 2022 to diversify and maintain cargo growth
Diving brief: Air Canada plans to add three dedicated freighters to its fleet in 2022 as the airline seeks to diversify its revenue streams in the ... -
AAV news in brief February 27, 2022
CAAC adopts special conditions for AAV EH216-S type certification: EHang, an autonomous aerial vehicle (AAV) technology platform company, announced that the Civil Aviation Administration of China ... -
What does the share price of SITC International Holdings Company Limited (HKG:1308) indicate?
SITC International Holdings Company Limited (HKG:1308) has seen a significant share price rise of more than 20% in the past two months on the SEHK. As ... -
The Asia-Pacific region will need more than 17,600 new aircraft by 2040
Render A350F. Copyright: Airbus SAS 2021 – computer rendering by FIXION – MMS – 2021 Asia-Pacific airlines will need 17,620 new passenger and freighter aircraft by ... -
Ryder System Establishes Distribution Center in Locust Grove, Georgia
Related research Ryder System, Inc., a leader in supply chain, dedicated transportation and commercial fleet management solutions, ... -
Nuclear energy start-up offers ship-board green ammonia plant
Compact Design of Core Power Molten Salt Reactor (Core Power) Posted on February 1, 2022 at 4:07 p.m. by The Maritime Executive Tech startup Reactor Core ... -
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 ... -
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 ... -
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 ... -
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 ... -
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, ... -
Shippers envision another year of record rates
Shippers (cargo owners) around the world are engaged in tough negotiations with container shipping lines for annual contracts starting Jan. 1, amid indications that most tariff ... -
SuperyachtNews.com – Technology – Overview of Avikus Autonomous Vessels
After a successful test along the Pohang Canal, the South Korean company is preparing to launch its ship across the world … The rise in popularity ... -
Euro Tech Holdings Company Limited reports interim results for the six-month period ended June 30, 2021
HONG KONG, 1st December, 2021 / PRNewswire / – Euro Tech Holdings Company Limited (Nasdaq: CLWT) today announced its unaudited financial results for the six months ... -
Atlas Air announces long-term extension of its agreement with
PURCHASE, NY, November 30, 2021 (GLOBE NEWSWIRE) – Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), has announced an extension of ... -
Langh Ship and Outokumpu launch new construction project
Image courtesy of Langh Ship Posted on November 26, 2021 at 7:25 PM by The maritime executive [By:Â Langh Ship] Langh Ship has ordered three multipurpose cargo ... -
Business News | Stock market and stock market news | Financial news
Search for quotes, news, net asset values ââof mutual funds Addiction INE002A01018, RELIANCE, 500325 Latent view INE0I7C01011, LATENTVIEW, 543398 A 97 (Paytm) INE982J01020, PAYTM, 543396 IRCTC ... -
Langh Ship new builds focus on reducing CO2 emissions
Written by Nick blenkey The ships will replace three vessels currently chartered from Langh Ship [Image: Outokumpu] New deal between two Finnish companies, stainless steel producer ... -
JAS Worldwide Improves Pharmaceutical and Healthcare Logistics Services in Germany | New
FRANKFURT, Germany, 20 November 2021 / PRNewswire-PRWeb / – JAS Worldwide, a global logistics provider headquartered in Atlanta, Georgia, United States, has signed an exclusive long-term ... -
Bad Credit Loans? Which is the best payday loan company in 2021?
A few days after the paycheck and you have your wallet empty? Over 30% of Czechs deal with this problem every month. Although the average wage ... -
Miami-Dade brain trust to examine flying cars in the city, freight in the “urban air mobility system”
Once only an aspect of science fiction, the prospect of flying cars driving through city skyline is close to the actualization, experts to say. When that ... -
Port of Long Beach hits 2023 emissions reduction targets three years ahead – Press Telegram
The Port of Long Beach had good news to report with its 2020 emissions figures. For the first time, the port has met all of the ... -
Still good prospects for Cargojet, according to Beacon
Beacon Securities analyst Ahmad Shaath’s expectations for Cargojet (Cargojet stock quote, charts, news, analysts, financials TSX: CJT) saw slight turbulence in a report to clients on ... -
OUTLOOK, RECENT TRENDS AND GROWTH FORECASTS 2021-2027 – Puck77
Data Lab Forecast’s team of experienced research analysts have extensively assessed the primary as well as secondary information related to the global Air Cargo Container Market. ... -
Will current freight and tariff trends last until the end of 2022?
As any independent who follows freight and rate trends will surely know, the current trucking environment is one of the best in history from a demand ... -
Rail News – The Port of Savannah set a freight record in September. For railway professionals
Railway news Intermodal 22/10/2021 Railway news: Intermodal Container trade increased 14.5% in September. Photo – Georgia Port Authority / Stephen Morton The Port of Savannah in ... -
Making freight freight profitable after COVID-19
Chinedu Eze While the COVID-19 pandemic has forced the suspension of scheduled flight operations, it has provided an elixir for cargo freight, which has become a ... -
Hongyuan moves upmarket at Brussels Airport to support e-commerce growth
Beijing-based logistics service provider Hongyuan Group and Brussels Airport have signed a Memorandum of Understanding (MoU) to strengthen the European Gateway’s links with China and support ... -
Shipping costs have finally come down
The cost of shipping goods from China to the United States finally fell. The graph below shows the spot rate (i.e. the rate it costs to ... -
IATA predicts 2021 air cargo revenue to hit record $ 175 billion
The air freight market is booming this year and 2022 is looking even better. The International Air Transport Association estimated on Monday that airline freight volume ... -
Drone delivery promises convenience and speed, but at a cost to workers and communities
The Wing drone delivery company recently celebrated 100,000 deliveries with an unusual media explosion. Australia is at the forefront of Wing’s projects, with the company’s two ... -
How did Delta Airlines wake up 570 sleeping planes?
Delta Air Lines parked 571 mainliner planes across the country in 2020 when COVID-19 wiped out most passenger travel. Airlines still have about 70% of their ... -
Inflation is climbing at the fastest rate in 30 years as the supply chain persists.
The Federal Reserve’s preferred inflation indicator accelerated in August, maintaining pressure on economic policymakers who are suspicious of supply chain issues and commodity costs threatening to ... -
Useful flights transport valuable goods
Workers unload cargo from a plane at Shijiazhuang Zhengding International Airport in Shijiazhuang, Hebei Province, on November 12, during Alibaba Group’s Double 11 global trade festival, ... -
Container shipping rates cool but still remain high
September 25, 2021: The boiling container shipping market continued to slow quietly, according to two closely watched indicators, but rates were double the period a year ... -
PD Ports Celebrates 60% Increase in Bulk Cargo Volumes One Year Since Opening of Teesport Bulk Terminal
PD Ports, owner and operator of Teesport, recently celebrated the first anniversary since the unveiling of its state-of-the-art Teesport Bulks terminal. Officially unveiled at the height ... -
FedEx (FDX) signs long-term agreement with Atlas Air
This story originally appeared on Zack FedEx FDX recently announced that it has entered into a long-term air cargo partnership with Atlas Air Holdings in the ... -
Ultra-High Molecular Weight Polyethylene Fiber Market Size, Share and Trend Analysis Report by Quality Type, Product Type, Application, Region and Segment Forecast, 2020
Ultra High Molecular Weight Polyethylene Fiber Market Size, Share and Trend Analysis Report by Grade Type (Medical, Industrial), Product Type, Application, Region and Segment Forecast , ... -
Atlas Air signs 747 freight contract with FedEx
Atlas Air announced Wednesday that it operates two Boeing 747-400 freighter full-time for FedEx Express (NYSE: FDX) under a new long-term contract. The deal is in ... -
COSCO acquires stake in Hamburg container terminal for European hub
COSCO will establish a hub in Hamburg with a minority stake (COSCO) Posted on Sep 21, 2021 at 7:06 PM by The maritime executive COSCO Shipping ... -
Australia’s Wartime Maritime Trade: Previews
China’s maritime warfare capabilities are getting more powerful almost every day. Thomas Shugart’s new Lowy Institute article explores this and then imagines the potential dangers for ... -
The world’s shippers earn the most money since 2008
The global shipping industry is getting its biggest salary since 2008, as the combination of booming demand for goods and a global supply chain collapsing under ... -
Oil’s effects on shorebirds “could have been worse”
September 18 – Long before sea freighters a city block had long familiarized itself with the local waters, an entirely different type of globetrotter had instinctively ... -
New Cainiao freight flights to cut logistics costs from Lazada to East Malaysia by -50%
CHINA / MALAYSIA. Alibaba Group’s logistics arm, Cainiao Network, announced the launch of direct air freight from China to East Malaysia to improve cross-border logistics of ... -
5% increase may not be enough for truck loading rates in 2022
The space reserved for more than 5% suggested as a starting point for contractual negotiations on truck loads in 2022 could prove to be too light ... -
Greening the freight forwarding chain for solar power – pv magazine usa
Start-up too: The Australian startup claims a record silicon cell efficiency of 25.54%, and Energy Vault leaves startup status with a $ 1 billion bid. September ... -
Crowley and Shell partner for largest Jones Act LNG bunker barge
rendering of the largest American LNG bunker barge operated on charter by Shell (Crowley Maritime) Posted on Sep 1, 2021 2:23 PM by The maritime executive ... -
Israel Aerospace Industries to Establish New Conversion of B777-300ER
Israel Aerospace Industries (IAI) on Wednesday announced its agreement with Etihad Engineering to establish a new conversion site in Abu Dhabi to facilitate the conversion of ... -
Etihad Engineering and IAI “Provide Leading Professional Solution to Air Cargo Industry”
Etihad Engineering, the provider of maintenance, repair and overhaul (MRO) services for commercial aircraft in the Middle East, has signed a strategic partnership with Israel’s aerospace ... -
Air Freight Replaces Ocean Freight For CE Marks As Costs Rise
Cargo flights could become the new normal for getting consumer electronics and small home appliances to Australian stores amid shipping issues and rising shipping costs, analysts ... -
Here are the cheapest and most expensive airports in the country for parking
There are some fun expenses that come with any vacation you fly for – that souvenir t-shirt, a fancy dinner party, or even a poolside cabana ... -
Stellantis lifts margin goal as Tavares recovery begins
Stellantis sees FY adj. EBIT margin of around 10% Shortage of chips and inflation of raw materials weighing on S2 Adj. EBIT at 8.6 billion euros ... -
A French airline launches into air freight
Many passenger airlines have expanded their cargo services out of necessity since the start of the COVID pandemic. Today, a charming French transporter is taking advantage ... -
Landstar Second Quarter Profits and Revenue (LSTR) Beat and Increase YoY – July 22, 2021
Landstar System‘s (LSTR Quick QuoteLSTR – Free Report) second quarter 2021 earnings of $ 2.40 per share topped Zacks’ consensus estimate of $ 2.34. The bottom ... -
“Air rage” and rusty pilots among the dangers of Covid-19 flight
The brutal shutdown imposed on the aviation industry by the Covid-19 crisis has hit the sector hard. In April 2020, two-thirds of the world’s commercial aviation ... -
Empty shipping containers pile up despite global shortage and ‘ghost ship’ races
Maritime chaos intensifies with empty shipping containers piling up in depots and “ghost ships” being dispatched to retrieve them. The world’s fourth largest container shipping company, ... -
Here’s what drivers need to know about highway construction in Akron
While daily commuters may be frustrated with backups as they attempt to drive through downtown Akron, local trucking companies thank the state for handling another long-term ... -
HHLA TK Estonia container cranes have arrived in Muuga port
The port of Tallinn reported that two large container cranes arrived at HHLA TK Estonia’s terminal in the port of Muuga on Wednesday morning. After commissioning, ... -
Nigeria lacks a coherent strategy to manage freight – How to get there
Nigeria’s transportation network is largely in a state of disrepair due to inadequate investments over decades, economic and population growth, and ineffective policies and plans. For ... -
Port strategy | Acquisition of DP Monde
DP World acquired 100% of syncreon for $ 1.2 billion. Photo: DP World DP World has acquired a US-based supply chain solutions provider. 100% of syncreon ... -
How the restaurant delivery industry is sustaining itself thanks to the return of in-person meals
OAKLAND, Calif .– Last fall, as the weather cooled and coronavirus cases began to increase, May Seto, owner of Grand Lake Kitchen in Oakland, refurbished a ... -
New ore transporter tests air lubrication system to reduce drag
Illustration courtesy of Silverstream Posted on Jul 1, 2021 4:33 PM by The maritime executive Bubble lubrication startup Silverstream Technologies announced Thursday that it has completed ... -
Limited shipping line capacity leads to record rates and delays
Hopes of freight owners for relief from record ocean freight rates are quickly fading as growing demand for Chinese-made goods ahead of the holiday shopping season ... -
USPS plans to set longer benchmarks for 32% of first-class packages
Dive briefing: As part of its goal of achieving 95% on-time delivery, the Postal Service plans to streamline its intermediate supply chain by relying more on ... -
Oil companies could face a long wait for market recovery
A the recovery in the oil tanker market is long overdue, but it looks like owners may have to wait a little longer. In its latest ... -
Venice counts cost of mass tourism as cruise ship battle rages on
Piero Dri depends on the millions of tourists who come to his hometown of Venice every year. However, he admits to feeling already “suffocated” by the ... -
3 exciting ways to reduce the ridiculously high carbon footprint of shipping
Ships carry over 80% of global trade and rely heavily on some of the less environmentally friendly transport fuels available. There are no cheap and widely ... -
Uncontrollable shipping costs drive up retail prices, from coffee to toys
Soaring prices for shipping merchandise around the world may hit your wallet sooner than you think – from the cup of coffee you get each morning ... -
Michelin’s inflatable sails help reduce fuel consumption and cargo emissions
Michelin, a French multinational tire manufacturer, has turned ambition into action by presenting two innovations that address some of the major challenges impacting the future of ... -
Port of Los Angeles demonstrates hydrogen electric vehicles
The port’s technology development partners are Toyota Motor North America, which designed and built the powertrain’s fuel cell electrical power system; Kenworth Truck Company, which designed ... -
Michelin’s inflatable sails hybridize freighters to reduce emissions
Beyond the installation of rubber on the least efficient hypercars in the world, the Michelin group also participates in more sustainable inflatable projects. Its Wing Sail ... -
Port of Los Angeles Demonstrates Hydrogen Fuel Cell Electric Freight
Port of Los Angeles launches five hydrogen fuel cell electric vehicles (FCEVs) as well as the official opening of two hydrogen refueling stations as part of ... -
Konecranes Oij: Jamaican terminal orders Konecranes Gottwald mobile harbor crane to increase productivity and reliability
Kingston Wharves Ltd. (KWL), a terminal operator at the Port of Kingston, Jamaica, has ordered an eco-efficient Konecranes Gottwald Model 8 mobile harbor crane to increase ... -
Impact of COVID-19 on Lower Container Freight Transportation Market Growth Rate, Gross Margin, Competitive Situation and Trends, Forecast to 2026
Below-Container-Load Cargo Transportation Market Overview Helps Provide Scope and Definitions, Key Results, Growth Drivers, and Various Dynamics The Global Cargo Shipping Less Than One Container market ... -
A rocket delivery service could arrive at an air force near you
The Air Force Department believes its long-term dream of delivering cargo to land at lightning-fast speeds using rockets launched into space may actually be achievable in ... -
The old airport terminal, a potential “gem” for the film industry | national news
NEW ORLEANS (AP) – When Aviation Director Kevin Dolliole examines the old, mostly abandoned South Terminal at Louis Armstrong International Airport in New Orleans, he sees ... -
Cargo terminal to expand at city airport | Ahmedabad News
Ahmedabad: Your precious package sent by loved ones overseas is likely to arrive a little faster now. Or, the turnaround time for your air freight export ... -
WFS Opens Cargo Terminal at Atlanta Airport
From left to right: Elliott Paige, Director of Air Services Development at Atlanta Airport and Craig Smyth, Group General Manager, WFS. Ground Handler WFS has opened ... -
It’s time to take methane seriously
Methane, a more potent greenhouse gas than CO2, is in the news again as the Biden administration takes steps to regulate it. In fact, reducing harmful ... -
7 products harder to find today, and what it means for your money – Forbes Advisor
Editorial Note: Forbes Advisor may charge a commission on sales made from partner links on this page, but this does not affect the opinions or ratings ... -
Cardiovascular death rate in the United States varies by county
Share on PinterestA recent study examines regional disparities in cardiovascular disease outcomes. sudok1 / Getty Images Deaths from cardiovascular disease (CVD) in the United States have ... -
Hampden Bridge event celebrates UMaine’s groundbreaking research into sustainable, low-cost transportation solutions
U.S. Senator Susan Collins joined Maine Department of Transportation officials, University of Maine researchers, Advanced Infrastructure Technology (AIT) Bridges and industry partners at the Grist Mill ... -
New technological developments in cargo handling equipment market to grow in forecast year 2021-2028 – KSU
the Cargo Handling Equipment Market The report provides a detailed overview of the industry, including qualitative and quantitative insights, with particular emphasis on the analysis of ... -
ZIM Rises Tide for Quarterly Profit – gCaptain
By Gavin van Marle (The Loadstar) New York Stock Exchange-listed Israeli container ship Zim rewarded investors yesterday, reporting first quarter results which were among the best ... -
Freight Transportation Market Size, Future Forecast, Growth Rate and Industry Analysis to 2029 – FLA News
Overview of the freight forwarding market: The market research report on Global freight forwarding market offered by Straits Research, analyzes major opportunities, CAGR, annual growth rates ... -
ACL Airshop and Alinda team up for growth |
GREENVILLE, SC and GREENWICH, Connecticut, April 22, 2021 / PRNewswire / – ACL Airshop, a global leader in air cargo unit loading device (ULD) logistics solutions ... -
Pamplin Media Group – Readers letters: City is wasting money on leak investigation
Pamplin readers offer opinions on children’s museum closure, COVID-19 vaccinations and homeless issues. What happened to Commissioner Jo Ann Hardesty, being falsely blamed for a hit-and-run ... -
9 Post-Pandemic Tips To Spruce Up Your Budget – Forbes Advisor
The last 12 months have shown us anything but certainty. Across the U.S., the pandemic, social unrest, economic volatility and widespread unemployment have shaken up the ... -
Air Cargo ULD Market to Witness Steady Expansion During 2020-2027 – The Courier
âAir Cargo ULD Market Size: The Air Cargo ULD Market study by Regal Intelligence provides knowledge of the market size and market trends in addition to ... -
UK CargoLogicAir seeks to hire an An-124 with crew
Volga-Dnepr to build the Leipzig Humanitarian Aid Center 03/10/2021 – 11:03 AM UTC Volga-Dnepr Airlines (VI, Ulyanovsk Vostochny) has signed a Memorandum of Understanding (MoU) with ... -
U.S. airports generate revenue after losing billions during pandemic – Skift
Despite relief from Congress, the country’s commercial airports are suffering 13 months after Covid-19 hit airlines and the travel industry. Terminals that once buzzed with travelers ... -
Decarbonize Californian transport by 2045
Transportation is the biggest source of greenhouse gas emissions in California. In order to achieve the state’s carbon neutrality objectives by 2045 and avoid the worst ... -
How Israel and Iran’s shadow war is fought at sea
The latest developments come as the return of the United States and Iran to the Joint Comprehensive Plan of Action (JCPOA) becomes increasingly feasible. Several high-profile ... -
Sheet Piling UK improves handling of imports from UAE
Sheet Piling UK Limited has entered into a long term agreement with PD Ports at its Immingham site to store and handle its steel sheet piles. ... -
By Growth Rate, Type, Applications, Geographies and Forecast to 2029 Blue Apron, LLC, EveryPlate, Freshly Inc. – FLA News
“ Meal Kit Delivery Services Market Outlook The Meal Kit Delivery Services Market report offers an overall scope of the market which includes future supply and ... -
Qatar Airways Cargo renews its ground handling contract with Havas
Havas, the ground handling company, will continue to provide ground handling services to Qatar Airways Cargo for freight and warehouse services for another five years. Offering ... -
FedEx reportedly in talks to take over Dreamlifter center
EVERETT âThe Boeing Co. is reportedly in talks with FedEx to sublet the Dreamlifter facility at Paine Field, which Boeing leases from the Snohomish County Airport. ...