Air Freight News
Blackstone buys stake in $1.2 billion European logistics fund
Private equity giant Blackstone has agreed to buy an 80% stake in a European warehouse portfolio run by landlord Burstone, the latest push by the…
Cathay Pacific Airways inspects A350 fleet after identifying engine component failure
By Joanna Plucinska and Tim Hepher (Reuters) -Hong Kong's Cathay Pacific Airways said on Monday it had started inspecting all its Airbus A350 jets after…
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Boeing, union ‘really far apart’ weeks ahead of possible strike
Boeing Co. and its largest union remain at odds on major issues in contract talks as a possible strike looms that could cripple production of…
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China to pitch green tech exports to African leaders as Western curbs loom
By Joe Cash and Duncan Miriri BEIJING/NAIROBI (Reuters) - China will urge a summit of 50 African nations in Beijing this week to take more…
Djibouti planning to offer Ethiopia port access to ease tensions
Djibouti’s government plans to offer Ethiopia exclusive access to a new port to defuse tensions sparked by the landlocked nation’s ambitions to have a direct…
Potential oil spill spotted near stricken tanker, Greece says
A possible oil spill stretching 2.2 nautical miles in length was spotted in a location matching the Sounion tanker, after the vessel caught fire following…
Lufthansa CEO heads to Portugal for government talks on TAP
Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr is set to meet with Portuguese government officials on Monday as the German airline group weighs a…
AIT Worldwide Logistics launches new AI and data science team
Global supply chain solutions leader, AIT Worldwide Logistics, has announced the launch of its new artificial intelligence (AI) and data science team, a corporate-level department…
Optimal Dynamics continues to deliver strong operational and growth metrics in first half of 2024
Keen focus on speed-to-value significantly boosts performance for ‘The Decision Company’
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CMA CGM Announcement: PCS (Port Congestion Surcharge) to Algeria
Considering the congestion currently occurring in Algeria, CMA CGM wishes to inform its customers of the following Port Congestion Surcharge (PCS)