Philippine Air aims to complete restructuring this year
Philippine Airlines Inc. expects to emerge from Chapter 11 bankruptcy before the end of the year, with a leaner fleet and fewer destinations as a…
German factory orders boosted by foreign demand for ships
German factory orders unexpectedly rose in July, driven by a surge in export demand for ships.
Shipping trade groups submit plan for global carbon tax
The International Chamber of Shipping, which represents more than 80% of the world’s merchant fleet, submitted a plan to the industry’s global regulator for a…
Next digital board cites Hong Kong ‘climate of fear’ in resigning
The board of jailed media tycoon Jimmy Lai’s Next Digital Ltd. used a resignation letter to criticize the Hong Kong government for bypassing the city’s…
China tests new Myanmar trade route in boost to ties: Post
China held a test run of a new overland trade route with Myanmar last month, in a show of support for its neighbor that has…
Kansas City Southern mulls $27 billion CP Rail bid after ruling
Kansas City Southern said it will take a new look at Canadian Pacific Railway Ltd.’s $27 billion acquisition offer and hold talks with the company…
Second refiner taps U.S. Oil reserve as Gulf output remains shut
The U.S. is granting a second refiner in Louisiana access to the country’s emergency crude stockpiles as most oil-producing platforms in the Gulf of Mexico…
Supply chain leaders express cautious optimism ahead of this year’s ‘official’ peak shipping season
GlobalTranz Enterprises, LLC., a leading technology-enabled third-party logistics solutions provider, today released the results of its third survey of U.S. supply chain leaders in the…
Cushman & Wakefield advises sale of new warehouse/distribution e-commerce facility in Downtown Denver, CO
Cushman & Wakefield has advised the joint venture of Karis Capital and AEW in the disposition sale of a newly developed Class A warehouse/distribution building…
Antonov Airlines’ AN-225 used to break record by Ukrainian athletes
Antonov Airlines’ AN-225, the world’s largest and heaviest plane, was pulled 4.3 m in 73 seconds by eight Ukrainian strongmen two days after headlining Ukraine’s…
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