Air Freight News
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ZIM reports record financial results for the fourth quarter and full year 2021
Net Income of $4.65 Billion, Adjusted EBITDA of $6.60 billion, and Adjusted EBIT of $5.82 billion; Continues to Deliver Industry Leading Operating Margins
CMA CGM BAF for Algeria, Tunisia and Morocco Roro services
Due to the evolution in bunker prices, CMA CGM SSL Intra Europe announces the amendment of the Bunker Surcharge (BAF) as from April 1st, 2022…
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OVRSEA starts business in the United States
After the opening of its first subsidiary in Spain, Ovrsea accelerates its international development and opens a new subsidiary in the United States.
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LHM 550 celebrates 300th delivery
The 300th delivery of a Liebherr LHM 550 mobile harbour crane to Polish port operator Port Gdańsk Eksploatacja
InstaFreight closes largest funding round in its history
With the new investment, the company will make supply chains strained by the pandemic and Ukraine war more resilient.
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Christening of U-Ming’s eco-friendly Post Panamax Bulk Carrier “M.V. Cemtex Excellence”
U-Ming Marine Transport Corporation has contracted with Japan’s Sumitomo Marine Co. Ltd. to commission Oshima Shipbuilding Co., Ltd. to build a 99,990 DWT Post Panamax…
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JAXPORT outlines strategic growth across cargo terminals and business lines
The single biggest growth initiative in JAXPORT history, deepening the shipping channel to 47 feet, will be complete through Blount Island as early as May…
MSC THC between USA and Central America effective April 1, 2022
MSC announced the increase in the charges in Puerto Barrios, Puerto Santo Tomas de Castilla, and Puerto Quetzal with effective date April 1st, 2022.
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XPO Logistics announces plan to create two standalone companies
Spin-off of brokered transportation services to XPO shareholders would transform the remaining business into a pure-play less-than-truckload company
MyCarrier launches new TMS Pro
Offers new features and more robust capabilities for shippers