OOCL, VICT set new benchmark for highest container exchange in Australia
The OOCL Rotterdam (capable of accommodating 8,063 TEUs, 323m LOA and 42.8m BEAM) on the North East Asia A3 Central Service has set a new…
BEA news: GDP, third quarter 2020; Corporate profits, third quarter 2020
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Real gross domestic product (GDP) increased at an annual rate of…
Routes and ACI World announce exclusive partnership to support the industry in rebuilding air connectivity
An exclusive partnership designed to help airports recover from the most challenging period the aviation industry has ever faced has been signed by Routes and…
Abu Dhabi launches the Hope Consortium for full global vaccine distribution
Amid an anticipated surge in vaccine logistics demand, Abu Dhabi is poised to cement its position as the global logistics hub to facilitate COVID-19 vaccine…
US sanctions Chinese and Russian firms for dealings with Iran
The U.S. sanctioned five firms in China and Russia over claims they are promoting Iran’s missile program, and a Trump administration official said more penalties…
Astral Aviation readies to perform vaccine flights within Africa
Astral Aviation, a member of The International Air Cargo Association (TIACA) and Pharma.Aero, a powerful cross-industry collaboration for Pharmaceutical Shippers, has announced that it is…
Rail traffic for the week ending November 21, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 21, 2020.
Redflex finalizes asset purchase agreement for RoadMetric, a leader in traffic management machine vision and artificial intelligence
Redflex Traffic Systems Pty Ltd, a world leader in developing and implementing intelligent traffic management solutions, today announced its acquisition of RoadMetric Ltd’s brand and…
Delta pilots approve agreement to avoid furloughs through 2021
Delta Air Lines Inc. pilots approved an agreement that will protect them from furloughs next year in exchange for cutting how much they fly.
FedEx, UPS can’t get enough vans to keep up with delivery rush
FedEx Corp. and United Parcel Service Inc. are running into a shortage of delivery vans, prompting a surprise cost squeeze that’s cutting into profits during…
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