Alpega Group acquires Road Heroes Truck Driver Platform
Expands reach deeper into the carrier community
Newly established Pelagic Yield Fund acquires product tanker duo
• total AUM of Pelagic Partners already close to USD 100 million
• prospect of doubling AUM by end of the year
Senators wary of China’s tech prowess seek competition office
A bipartisan group of senators, including the head of the Intelligence Committee, is pressing to create a government office dedicated to ensuring the US keeps…
CMA CGM AIR CARGO has received its first two Boeing 777 freighters
• The two aircraft delivered will accelerate CMA CGM AIR CARGO’s development. • CMA CGM orders two additional Boeing 777 Freighters, with the aim to…
Global average monthly container prices increase for the first time in 2022
• Average container prices and leasing rates continue to decline in China • Decline in consumer demand for goods not expected to impact change in…
Spirit delays shareholder vote after JetBlue ups buyout bid
The vote set for June 10 will be moved to the end of the month
Paris airport scraps 25% of flights, shuts runways amid strike
A quarter of flights were canceled and two runways shut Thursday by a strike at Paris-Charles de Gaulle airport, the latest upheaval to hit the…
China’s exports rebound as threat of broader slowdown looms
China’s exports rebounded in May as Covid-related bottlenecks on production and logistics clear up, but a slowdown looms this year as global consumer demand for…
British Airways’ South African operator poised to be liquidated
Comair Ltd., the South African partner of British Airways and owner of low-cost carrier Kulula, is on the brink of collapse after administrators were unable…
India seen as thwarting G-7 push to avert global food crisis
A plan proposed by the Group of Seven nations to mitigate a looming global food crisis is confronting an immovable force -- India.
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