MAERSK ESSEN vessel incident on MSC’S Pearl Service update 3
MAERSK ESSEN, which lost 350 MSC containers overboard and incurred damaged on 79 containers onboard during a heavy weather incident on 16 January 2021 while…
LATAM announces the conversion of up to eight Boeing 767-300ERs into freighters
The conversion plan will be implemented in two stages and could boost the cargo operators’ s joint capacity by up to 80%. The first phase…
EU Ambassadors approve Russia sanctions over Navalny jailing
European Union ambassadors approved sanctions against four senior Russian law enforcement officials over the jailing of opposition leader Alexey Navalny, according to three people familiar…
China still has ‘major concerns’ about Boeing’s 737 Max
China still has major safety concerns about Boeing Co.’s 737 Max, the deputy head of the country’s aviation regulator said Monday when asked if it…
Euro-area factory costs rising at fastest pace in a decade
Euro-area manufacturers are reporting the steepest increases in their input costs in almost a decade as the coronavirus disrupts supplies, and are passing at least…
Railroads tout trains over trucks in climate pitch to Biden
U.S. freight railroads are trying to take advantage of a train enthusiast president who’s concerned about global warming with a lobbying campaign depicting their industry…
PE firms are feasting on China’s $5.5 billion logistics M&A
Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for private equity firms.
U.S. freeze hammers Europe’s bottom-of-the-barrel oil exports
The freeze-driven shuttering of core sections of the U.S. refining system isn’t all good news for rival plants in Europe. Down at the bottom of…
Airline stocks are soaring, but there’s still a long way back
For all the optimism about travel restarting as vaccines are rolled out, airline stocks still have a way to go to make up the ground…
Australia considers aid to Qantas, others once wage subsidy ends
Australia’s treasurer said he’s considering measures to support firms like Qantas Airways Ltd. and others that are still struggling with fallout from the coronavirus pandemic,…
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