Saudi Airlines considers debut bond sale to fund expansion plans
Saudi Arabia’s biggest airline is weighing options including a debut bond sale to fund new aircraft orders, as it prepares to almost double its fleet…
Hitachi wins UK approval for €1.7 billion Thales rail deal
Hitachi’s proposed €1.7 billion ($1.78 billion) purchase of Thales SA’s rail-signal business won regulatory approval from the UK’s competition watchdog after the Japanese firm offered…
Sunak cancels rest of HS2 high-speed rail to re-invest funds
Prime Minister Rishi Sunak canceled the northern leg of the UK’s HS2 high-speed rail project, betting that re-investing funds in alternative transport links across the…
Bank of Portugal cuts growth forecasts on exports, rate hikes
The Bank of Portugal cut its forecast for the country’s economic growth for the next three years, citing a slower increase in exports and the…
Russia reiterates plan to curb oil exports through December
Russia will maintain its 300,000 barrel-a-day cut in crude exports this month and reaffirmed plans to keep them curbed through the end of the year.
DoKaSch Temperature Solutions’ Opticooler receives technical approval by American Airlines Cargo
Strengthening key supply chains between Europe and the USA
Mississippi River waters dip toward record low in threat to US crop exports
America’s crop exports are once again at risk due to a diminished Mississippi River.
Special air cargo verticals see continued growth in 2023
While general cargo tonnages have fallen in all of the main world origin regions, WorldACD highlights a number of areas recording tonnage increases during the…
U.S. petroleum product exports set new record in the first half of 2023
U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in the first half of 2023, 2% more than during the same period…
Toronto commute snarled for hours as rail network goes down
Workers in Canada’s largest city struggled to get home Tuesday after the regional rail system was hit by a “network-wide system failure” caused by an…
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