Xeneta real-time ocean freight update: week 31
Ocean freight capacity and volumes continue US West to East coast shift, with port congestion following suit
Global vehicle tracking system market to reach over US$ 78 billion by 2032; transportation & logistics to be core application area
During the forecast period 2022-2032, the vehicle tracking system market is expected to grow at a 13.7% CAGR, according to Fact.MR.
Agility completes £763 million acquisition of Menzies Aviation
Deal creates the world’s largest aviation services provider
Singapore suspends Glencore’s bunker permit on contamination
Singapore suspended Glencore Plc’s license to sell ship fuel after the company sold contaminated products despite testing indicating the fuel was tainted, according to the…
Medical lab tests delivered via drone using FlightOps OS
FlightOps Ltd., a leading multi-drone operating system (OS) provider, last week utilized its software to control drones that safely sent medical laboratory tests between hospitals…
LATAM adds a fourth freighter as part of its growth plan, totalizing a fleet of 15 cargo aircraft
LATAM Group (“LATAM”) announced the addition of its fourth passenger aircraft converted to all-cargo service as part of its growth plan announced in 2021. With…
Drewry’s World Container Index - 04 Aug
Drewry’s composite World Container Index decreased by 2% to $6,628.29 per 40ft container this week.
ICTSI 1H2022 net income up 50% to $294.5M
• Throughput grew 5% to 5.8 million TEUs
• Revenues increased 20% to US$1.06 billion
• EBITDA 26% higher to US$672.1 million
AkzoNobel’s Marine Coatings speaks on the importance of hull care and reclamation
Social responsibility, social governance, sustainability… the need for corporations to be good and do good has never been greater. This is especially true when it…
Boeing 787 manufacturing gets new scrutiny even as deliveries of jet near resumption
The chief US aviation safety regulator is making an unusual public show of concern about Boeing Co.’s manufacturing processes with a visit Thursday to a…
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