Air Freight News
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Strategic roadmap needed for shipping securing path to digital transformation
Many shipping companies are grappling with the challenges of implementing intelligent process automation with digital technologies that harness data analytics for emission and efficiency gains…
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Swiss to soften rules on arms exports but won’t help Ukraine
The Swiss government wants to be able to sidestep the country’s rigid neutrality to allow more weapons exports but will maintain a ban on shipments…
Hapag-Lloyd with good start to 2024 in first quarter of year
Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to the same quarter of the…
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Shofu Maru, World’s 1st Wind Challenger-equipped coal carrier, achieves fuel savings of 17%
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that its owned and operated Shofu Maru (Note 1), the world's first coal…
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Fraport Traffic Figures – April 2024: Passenger and freight volumes continue to grow
Frankfurt Airport welcomed about 5.1 million passengers in April – Increase of 5.6 percent year-on-year – Passenger growth of 7.0 percent achieved across all Fraport…
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Port of Long Beach awarded funds for critical projects
Waterfront maintenance, and repair work financed through Harbor Maintenance Tax. Combined, the Port of Long Beach and the Port of Los Angeles will receive $112…
Transportation and Infrastructure: House approves Coast Guard Authorization Act
The Coast Guard Authorization Act of 2024 (H.R. 7659) supports and strengthens the Coast Guard in its critical missions to safeguard borders, ensure maritime safety,…
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Qatar to make an equity investment in Southern African Airline
Qatar Airways is set to invest in an unidentified airline based in southern Africa in the coming weeks as it looks to expand its footprint…
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India’s trade deficit widens on higher gold import bill
India’s trade deficit widened to a four-month high in April as strong domestic demand bumped up the nation’s import bill...
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Baltimore Bridge collapse occurred after ship lost power multiple times
The container ship that rammed into Baltimore’s Francis Scott Key Bridge in March lost power multiple times on both the day of the fatal accident…