Air Freight News
CMA CGM India introduces the Python train service on Western Dedicated Freight Corridor
The first train service operated by a private shipping line on Western Dedicated Freight Corridor, in association with GatewayRail.
Slync.io announces Series B funding with lead investment from Goldman Sachs growth
Slync.io, a global leader in logistics operating process and system orchestration for global logistics providers and shippers, today announced the closing of its $60 million…
Airlines Operated 97% Fewer Flights in 2020 than in 2019 as Passenger Traffic Growth Fell by 67%
The year 2020 was one of the most challenging years for the aviation industry. The passenger traffic during the year fell by 67% year-over-year (YoY).
The American Club announces underwriting, business developmentand claims handling appointments
Recent promotions of experienced personnel and a new recruit to strengthen the Club across many areas
BOEM to resume environmental review of Vineyard Wind’s proposed project
In support of the Biden administration’s goal to address climate change and promote offshore renewable energy production, the Bureau of Ocean Energy Management (BOEM) announced…
U.S.  Complaint Seeks Forfeiture of Iranian Oil Aboard Tanker Based on Connection to Terror Group
The United States filed a forfeiture complaint in the U.S. District Court for the District of Columbia alleging that all oil aboard a Liberian-flagged vessel,…
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Change at the helm of Hamburg Süd 
Hamburg Süd, which is recognised for its long-term, strong customer relationships, has successfully established its brand as part of A.P. Moller-Maersk. Since Hamburg Süd was…
Lufthansa sells $1.9 billion bond to repay Covid bailout loan
German carrier Deutsche Lufthansa AG sold 1.6 billion-euros ($1.92 billion) of bonds on Thursday to partly repay a government bailout that kept it afloat after…
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Bahri signs multi-ship deal for Alpha Ori SMARTShip
Alpha Ori Technologies (AOT) has signed a strategic partnership agreement with the ship management division of Saudi Arabian national carrier Bahri. The deal includes the…
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Basra Gateway Terminal sets new productivity record
Basra Gateway Terminal (BGT) continues to raise the standard for terminal operations in Iraq by setting a new productivity record of 105 moves per hour…