Apollo-led group to buy cargo-hauler Atlas Air for $2.9 billion
An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9 billion, expanding its foray into aircraft…
Lufthansa gives upbeat outlook as travel demand stays strong
Deutsche Lufthansa AG forecast profit will keep rising in coming months amid a boom in demand, even as staffing shortages prompt airports to limit capacity.
TrueCar offers dealers across the U.S. vehicle delivery
Through a partnership with ACERTUS, home delivery has already been integrated into TrueCar+ and rolled out across Florida
Europe’s vital Rhine River is on brink of effectively closing
Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of…
Wah Kwong, QIYAO and Bureau Veritas launch feasibility study on carbon capture and storage on ships
Bureau Veritas (BV), a world leader in testing, inspection and certification, Wah Kwong, one of Hong Kong’s largest shipowners, and Shanghai Qiyao Environmental Technology Co.…
Ukraine plots cautious return of grain exports as world watches
Ukraine laid out plans to cautiously ramp up grain exports as the first shipment since Russia’s invasion was hailed as an encouraging early step toward…
Austin Sued for Seeking ‘Hostile Takeover’ of Airport Terminal
The operator of a terminal at the Austin airport is suing the Texas city over its plans to raze the building and terminate a 40-year…
Venezuela seeks to revive natural gas exports to Colombia
Venezuela is studying whether it could revive an abandoned pipeline in western Venezuela to export natural gas, according Juan Ricardo Ortega, the head of one…
CRAIN Technologies’ suction wing receives AiP from Bureau Veritas
Bureau Veritas (BV), a world leader in testing, inspection and certification, has delivered an Approval in Principle (AiP) to CRAIN Technologies (Centre de Recherche pour…
[Freightos Weekly Update] Ocean rate slide eases despite more signs of slowing demand
Key insights: 1 Despite more signs of slowing demand, ocean rate slides have slowed and prices remain well above pre-pandemic levels. 2 Carrier projections of…
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