Air Freight News
Alterra IOS secures strategic acquisition in Seattle submarket
Alterra IOS acquires 1.74 acres in Mukilteo, Washington
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Strategic Marine strengthens offshore wind presence with delivery of two 27m CTVs to Mainprize Offshore Ltd.
• Strategic Marine enhances position in the offshore wind sector with delivery of 2 units of 27m Crew Transfer Vessels (CTVs) to Mainprize Offshore Ltd…
Lufthansa’s ITA deal hangs in the balance as EU deadline looms
The fate of Deutsche Lufthansa AG’s €325 million ($354 million) investment into ITA Airways hangs in the balance as European Union regulators push the German…
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Indian Register of Shipping and Government of Uttar Pradesh sign MOU towards formation of UP Inland Waterways Authority
Indian Register of Shipping (IRS) and The Uttar Pradesh Transport Department has signed a landmark Memorandum of Understanding (MoU) to establish the UP Inland Waterways…
RELEX Solutions helped customers prevent 280 million kg of food waste worldwide in 2023
RELEX Solutions, provider of unified supply chain and retail planning solutions, released their annual sustainability report, which outlines how the company’s advanced AI-driven retail and…
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Maersk raises profit forecast as Red Sea disruption boosts rates
A.P. Moller-Maersk A/S, a bellwether for global trade, raised its full-year profit forecast, saying the congestion in the Red Sea is having a larger than…
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U.S. natural gas prices calmed after a volatile 2022
As average prices of U.S. natural gas fell in 2023, natural gas prices also became less volatile compared with 2022.
FDH Aero integrates BTC Electronic Components into its electronics division
BTC is a leading supplier of connectors, interconnect accessories and wire harness assemblies to the military and commercial aerospace industries.
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Menzies Aviation completes Groundforce Portugal deal
: Menzies Aviation, the leading service partner to the world’s airports and airlines, has completed its acquisition of a 50.1% stake in Groundforce Portugal.
Golden Triangle Ventures completes acquisition of Cargo Management Group
Golden Triangle Ventures, Inc. (“GTV” or the “Company”) has announced the successful completion of its acquisition of Cargo Management Group, a reputable and longstanding shipping,…