Air Freight News
Ørsted brings in Glennmont Partners as a 50% shareholder of Borkum Riffgrund 3 Offshore Wind Farm
The wind farm, which was awarded at EUR 0 per MWh in 2017 and 2018, is expected to be commissioned in 2025, subject to Ørsted’s…
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Container surge continues at Port Houston
Seventh consecutive month of double-digit growth as first dredging contract awarded for Houston Ship Channel Expansion
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ATA Truck Tonnage Index Increased 2.4% in September
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.4% in September after rising 0.3% in August. In September, the index equaled…
Stonemont breaks ground on first speculative industrial development in Metro Atlanta
The firm expands footprint with three new state-of-the-art buildings sitting on last remaining developable parcels in key suburban hub
Velociti to implement 4G transition for Navajo Express
Recognizing the importance of preparing for the upcoming 3G sunset, Velociti Inc., a global provider of technology solutions, will implement the technology upgrades necessary for…
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Port of Rotterdam throughput rises substantially again in Q3
Container volume back above pre-corona level, large increase in throughput of oil products, iron ore, coal and biomass
British Airways owner’s stock rally hit by fuel, Covid headwinds
British Airways parent IAG SA’s shares are wiping out much of the past month’s gains on growing concerns about fuel prices, Covid-19 infections and a…
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Strategic Marine Wins Order for 6 + 6 Strat Cat 27 Crew Transfer Vessels
The new CTVs to be delivered in Q2 2022 onwards will be a combination of Hybrid and Hybrid-Ready vessels, positioning Strategic Marine to be the…
Taiwan export orders surge to record despite China energy woes
Global demand for products made by Taiwanese companies defied regional headwinds and predictions of a slowdown as export orders accelerated to a record last month.
Thai AirAsia parent seeks to raise $540 million in fresh capital
Asia Aviation Pcl, the operator of Thailand’s biggest budget carrier Thai AirAsia Co., plans to raise as much as 17.9 billion baht ($535 million) from…