MSC IEI from USA to Israel
Due to strong demand of containers for the Israeli market, and consequent need of costly ad hoc inventory repositioning Import Equipment Imbalance surcharge (IEI) will…
MSC EBS from West Africa Gabon to USA
An Equipment Imbalance Surcharge (EBS) will be applicable to export cargo out of Libreville to USA effective May 30th, 2021.
Lufthansa Group to purchase five additional 787 Dreamliners
Boeing and the Lufthansa Group announced the airline group will continue its fleet modernization with a new order for five 787-9 Dreamliners.
Port of Baltimore’s Dollars for Drays goal achieved
The Helen Delich Bentley Port of Baltimore’s Dray Truck Replacement Program, which set a goal to replace 20 existing dray trucks with newer and cleaner…
AAMP Global acquires M2M in Motion
AAMP Global, a worldwide leader in engineering and manufacturing of commercial and passenger vehicle technology, announced today that it has acquired M2M in Motion, an…
Ford-backed Argo sees new sensor as key for self-driving cars
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous…
Turkish Airlines posts rare industry profit amid cargo gains
Turkish Airlines became one of the first major carriers to post a profit this year after a boost in freight revenues helped it ride out…
Lufthansa CEO pitches $6.6 billion capital increase to investors
Deutsche Lufthansa AG asked shareholders for permission to raise 5.5 billion euros ($6.6. billion) in fresh capital, calling it a necessary step to repair the…
Malaysia Airlines says travel demand to stay weak until 2023
Malaysia Airlines Bhd. said air travel demand will remain subdued and it expects a full recovery after the end of 2023, amid a resurgence of…
Australia probe of China port signals trouble for Beijing
Five years ago, Australia’s defense chief dismissed worries over a Chinese company leasing a port used by U.S. Marines as “simply absurd.” Now the government…
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