Shanghai to cancel most flights, shut schools due to typhoon
Shanghai will cancel most flights and shut some schools Monday and Tuesday as Typhoon Chanthu approaches China’s financial capital and major shipping hub.
Sydney Airport opens books after sweetened $17.4 billion bid
Sydney Airport will open its books to a group of suitors after they sweetened their takeover offer to A$23.6 billion ($17.4 billion).
HNA Group finds investors for airline, airport businesses
The administrators of HNA Group’s debt restructuring program have decided on strategic investors for the Chinese conglomerate’s airline and airport businesses.
Italy’s new airline may claim Alitalia brand in time for debut
Italy’s new state-backed airline, Italia Trasporto Aereo SpA, will seek to buy the Alitalia name in time for its start of service in mid-October, according…
FAA awards $100M to develop next generation of sustainable aircraft technology
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has awarded more than $100 million for companies to help develop technologies that reduce fuel use,…
Port of Halifax welcomes direct call with India through MSC Indus 2 Service
The Port of Halifax will receive the first direct call between the West Coast of India and a Canadian port when the maiden call of…
EST-Floattech launches new battery designs
Octopus platform to serve growing and evermore diverse maritime market needs
Gebrüder Weiss cements presence in Bavaria
New location in Straubing / Gebrüder Weiss launching full-service logistics operations in the region on October 1 / Direct link to global network
Container shipping giant freezes spot rates amid trade chaos
The world’s third-largest container carrier said it’s capping spot rates for ocean freight for the next five months, yielding to pressure from some customers and…
LATAM Group receives offers for exit financing that exceed US$5 billion each and expects to recover pre-pandemic profitability by 2024
● The offers received for LATAM’s exit from Chapter 11 reaffirm the market's confidence in its business plan. ● The business plan considers the demand…
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