Air Freight News
SPACs fueling over US$38 billion in IPO’s for commercial transportation
Special Purpose Acquisition Companies (SPACs) have been growing exponentially, annually over the last two years. According to ABI Research, a global tech market advisory firm,…
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A&R Logistics advances commitment to sustainability adding new Peterbilt Model 579 electric vehicles to fleet
A&R Logistics, North America’s leading supply chain services company to the chemical industry, announced today it is doubling down on its commitment to sustainability, safety…
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Valenciaport consolidates its position as the best-connected Spanish port and the fourth in Europe
Valenciaport has consolidated its position as the Spanish port with the best connectivity in the first quarter of the year according to the Port liner…
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Denholm Global Logistics delivers Italian drums to UK
Denholm Global Logistics, member to the Worldwide Project Consortium (WWPC) for the United Kingdom, recently utilized their Project Forwarding Department and completed the delivery of…
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Woodland Group partners with iPort Rail new rail freight service to Doncaster begins
Southampton with further services to London Gateway and Immingham to follow. By May more than 140 container movements are expected per month.
Engen to convert oldest South Africa refinery to import terminal
The Engen oil refinery in South Africa, the country’s oldest, will be converted into a into a terminal capable of importing cleaner fuels after suffering…
ZIM announces full early redemption of $349 million principal amount of Series 1 and 2 notes due 2023
ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced today that it intends to perform a mandatory excess cash redemption of 100%…
Volvo Group sees more risk from ‘unstable’ chip supply chain
Volvo Group said it may see further disruption from the semiconductor shortage that has forced the truckmaker to idle plants, potentially hobbling a recovery that’s…
American Air sees ‘continued recovery’ as flyers start to return
American Airlines Group Inc. reported a smaller-than-expected loss, bucking the pattern set by its two largest rivals, and predicted a “continued recovery” from an unprecedented…
Cracks emerge in US-led intelligence pact over China approach
A polite disagreement between Pacific Ocean neighbors on Thursday showed a fissure among U.S. allies over China, underscoring the difficulties Joe Biden faces in forging…