Air Freight News
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Maersk veteran builds $220 million bet backed by the Super-Rich
A former A.P. Moller-Maersk A/S executive is building an investment firm backed by the world’s super-rich after leading a venture unit that notched roughly fourfold…
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PSA International PTE LTD and its subsidiaries year end results for 2023
“2023 was a year of transition amidst global trade uncertainty. Inflation, rising interest rates, tight labor markets, geopolitical tensions, and ongoing wars impeded economic recovery…
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Argeo signs “Certificate of Delivery and Acceptance” with CSI
Argeo signs “Certificate of Delivery and Acceptance” with CSI for second Kongsberg Discovery HUGIN Superior AUV...
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Ports of Indiana breaks ground on “Marine Highway” grant project to increase barge shipments of steel at Jeffersonville port
Funding from U.S. DOT helps port to reduce emissions, improve highway congestion
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MSC enhances Ecuador – NWC and Scanbaltic – USA service
MSC is adjusting the port rotation of its Ecuador – NWC and Scanbaltic – USA service.
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FedEx surges most in a year on $5 billion stock buyback plan
FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, sending the courier’s stock soaring the most in…
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Marcor Stevedoring receives new LHM 800
The new LHM 800 fits into the strategic growth of the terminal’s expansion, with its focus on more sustainable operations by using more renewable energy…
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Port NOLA Board of Commissioners Elects Walter J. Leger Jr. as Chairman
Leger succeeds Joseph F. Toomy, whose nine-month term as Chairman ended today. Toomy will continue to serve on the Board as a commissioner...
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Avianca Airlines receives recognition as 2023’s Most Punctual Global Airline
Avianca Airlines officially received recognition from the aviation data firm Cirium, which accredits it as the most punctual global airline in 2023...
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MSC enhances Ecuador – NWC and Scanbaltic – USA service
To meet client demand and extend its coverage of German ports, MSC is adjusting the port rotation of its Ecuador – NWC and Scanbaltic –…