Shipping industry urges governments to act on USD 5 billion decarbonization fun
The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in…
Enstructure to acquire Patriot Ports, further expand Southeast terminal network
Enstructure, a leading U.S. terminal and logistics company, announced today that it has entered into a definitive agreement to acquire Patriot Port Holdings LLC (“Patriot…
Texico Transport joins AGX Freight
Highly respected Houston-based firm Texico Transport poised to expand under AGX Freight network of independent agents.
CMA CGM FAK rates - From the Middle East Gulf to North Europe
The new applicable CMA CGM Freight All Kinds (FAK) rates as follows as from July 8th, 2021 (date of loading in the origin ports) until…
Indian heavy hydro power rotor units for Europe
Express Global Logistics (EXG), a member of the Worldwide Project Consortium (WWPC) in India, delivered two Rotor Units weighing 80 ton each through a multi…
Premiere in Germany’s capital: VoloDrone visits Berlin for the first time
Volocopter and DB Schenker present innovative cargo drone at National Aviation Conference in Germany • Politicians and industry show interest in emission-free transport solution of…
Batteries included: Damen reaches major milestone in fully-electric tug project
Damen Shipyards Group has reached a major milestone in the construction of its first fully-electric Reversed Stern Drive tug. The shipbuilder is constructing the RSD-E…
XPO Logistics announces pricing of GXO’s $800 million notes offering
XPO Logistics, Inc. (“XPO” or the “company”) today announced that GXO Logistics, Inc. (“GXO”), its wholly owned subsidiary, has priced an offering of $800 million…
EU says window exists to resolve Northern Ireland trade disputes
The European Union’s post-Brexit negotiator said there is a window to achieve results with the British government on the Northern Ireland dispute after the U.K.…
Bankers see private-jet ‘party’ as rich clients snap up planes
The coronavirus pandemic has created an overhang of pent-up travel demand and left unspent money burning holes in the pockets of the well-to-do. Put the…
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