Rail strike will add to Britain’s summer of travel misery
A national rail strike will disrupt travel across Britain on Wednesday, adding to a summer of transport turmoil that’s seen airports slash flights, soaring temperatures…
STV welcomes Cuellar, P.E., as South Texas municipal market lead
STV, a leader in engineering, architectural, planning and program and construction management services, has announced that Luis Cuellar, P.E., has joined CP&Y, an STV company,…
Savannah stays on pace at nearly 5.8M TEUs in FY2022
GPA keeps containers flowing amid unprecedented volumes
[Freightos Weekly Update] Ocean rates continue slide, though carriers still looking for capacity
Key insights: 1. Ocean rates continued to slide this week, but prices for container ship charters and secondhand sales, along with increased scheduled capacity through…
Taiwan logistics firm Morrison Express weighs $1 billion sale, sources say
Morrison Express Corp., a Taiwanese logistics company, is considering a sale of the business amid interest from potential buyers, according to people familiar with the…
UPS shares sink as delivery volume drops more than expected
United Parcel Service Inc.’s package deliveries declined more than expected during the second quarter, driving the shares down even as higher prices helped boost sales…
GE tops estimates after aviation sales surge
General Electric Co. beat Wall Street’s expectations for second-quarter profit and reported surprise positive cash flow as sales at the key jet-engine division soared, buoying…
Demurrage and detention charges increased by 12% worldwide; have ‘become a significant cost centre for shippers’: Experts
Freight rates are high but not as high as the last year
Asia’s richest man eyes growth beyond India with infra projects
Gautam Adani, the richest Asian tycoon, is planning to bolster his empire’s presence outside India with infrastructure projects as he sees his conglomerate’s growth gathering…
Heathrow hits back at airlines, warns flight cap may be extended
London Heathrow airport said airlines need to hire ground staff more aggressively to help overcome persistent travel disruptions, warning that a cap on flights to…
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