Creditors to sell $463 million of Air Berlin and Alitalia claims
A group of creditors that bought Etihad Airways PJSC-linked bonds are preparing to auction $463 million of claims against insolvent airlines Alitalia and Air Berlin…
BEST presents new cranes to the logistics community in Barcelona
On 17th June, Hutchison Ports BEST presented to the entire logistics community in Barcelona its two new gantry cranes and two new shuttle carriers, which…
FAA releases Spaceport Camden final environmental impact statement
The Federal Aviation Administration (FAA) today released the Final Environmental Impact Statement (FEIS) for the Spaceport Camden project in Camden County, Ga.
Philippine Air’s parent posts record loss on pandemic curbs
Philippine Airlines Inc.’s parent company posted a record loss last year, reflecting the “extraordinary” impact of the coronavirus pandemic on the carrier.
Port of Oakland cargo volume up while vessel congestion continues
Imports rise 26 percent in May as marine terminal operators and dockworkers keep goods moving
Electric plane pioneer pivots to cargo drones
The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic…
Dirty ship fuel is getting a boost from Beijing and hot weather
High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use as a feedstock, and a…
KeepTruckin raises fresh funds valuing startup at $2.3 billion
KeepTruckin Inc. raised $190 million in a new funding round that values the San Francisco-based provider of fleet management software at $2.3 billion.
Latin steelmakers see opportunity to replace cheap China imports
Blast furnaces from Mexico to Argentina want to mitigate Latin America’s increasing dependence on Chinese steel, and a push by the Asian giant to clean…
China’s worse-than-Suez ship delays set to widen trade chaos
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
