Virgin Atlantic said to be in talks for $540 million fundraising
(Bloomberg) -- Virgin Atlantic Airways Ltd. is in discussions with its shareholders about a 400 million-pound ($540 million) capital injection, according to a person familiar…
Realterm acquires 181,025 SF final mile warehouse in Chicago
Realterm announced the acquisition of a 181,025-square-foot highly functional final mile warehouse located at 7001 S. Harlem Avenue, Bedford Park, Illinois. The 13.74-acre property features…
Garcetti expects LA to get billions in infrastructure funds
Los Angeles Mayor Eric Garcetti is optimistic infrastructure projects in America’s second-biggest city will be big beneficiaries of the sweeping federal infrastructure bill -- potentially…
Walmart takes new step toward making aerial deliveries routine
Walmart Inc. is expanding its efforts to offer aerial deliveries to homes, joining with startup DroneUp LLC to began dropping off items ranging from cans…
Boeing buyers’ ire builds as 787 disruptions pass 13-month mark
Frustration is mounting for customers waiting to take new Boeing Co. 787 Dreamliners -- planes caught in a regulatory and production quagmire that has halted…
South Korean exports extend double-digit gains in early data
South Korea’s exports are poised to extend a run of double-digit gains in November, underpinned by chip and ship sales and signaling global demand remains…
2021 “An interesting year” for MPPs
Last February I wrote an article entitled “Container Crisis Opportunity in the Multipurpose Sector” [AJOT Issue #718, Breakbulk Quarterly, page 9] concluded the article by…
Senegal signs $1 billion of construction deals with US firms
Senegal signed construction deals worth $1 billion with U.S. companies, including for a highway linking the capital Dakar to Saint-Louis, according to Secretary of State…
Canada’s government pledges help for flooded B.C. amid more rain
Canada’s federal government pledged to help flood-hit British Columbia as the province faces more rain starting Monday.
London’s overdue Elizabeth Line in final tests, to open in 2022
The Elizabeth Line, London’s long overdue cross-town rail link, has begun trial operations and is expected to open to the public in the first half…
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