Air Freight News
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Cushman & Wakefield arranges joint venture equity between Creation and Clarion Partners for 1.3 MSF speculative industrial development in Phoenix’s West Valley
Park Algodon is a proposed $250 million industrial park development with adjoining retail amenities
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Emerson and Frugal Technologies join forces to reduce fuel consumption in shipping
Global automation technology leader Emerson has made a strategic investment in Frugal Technologies, which will use Emerson's global organization to accelerate sales of its fuel-saving…
Hamburg-based ship finance platform oceanis dives into the green financing landscape in its Q4 state of ship finance report
Executive summary: • Green financings apply mainly to newbuild and very modern vessels, excluding smaller shipowners with older vessels • Financiers disagree on the meaning…
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Lufthansa Cargo starts construction of new Frankfurt hub
Invests in state-of-the-art warehouse system at Frankfurt Airport
British Airways owner promises to reinstate dividend payout
British Airways owner IAG SA dangled the prospect of resuming dividend payments for the first time after the Covid-19 pandemic as soaring travel demand helps…
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The Strait of Hormuz: the world’s most important oil transit chokepoint
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea.
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Wilson Sons, through its Offshore Support Base, signs a contract with BP, a global leader in oil exploration and production
With five berths, the Rio Offshore Base, in Caju, will attend the oil company's operations
ITIC reveals pitfalls in maritime dealings: Neglecting information transfer leads to US$ 60,000 AWRP dispute
In its latest Claims Review, International Transport Intermediaries Club (ITIC) shed light on a case where a failure in information transfer sparked a dispute over…
CMA CGM Panama Adjustment Factor implementation
CMA CGM informs the Panama Canal continues to suffer from severe drought, consequently, the Panama Canal Authority has recently announced further restrictions.
Frontier Airlines to open a crew base at Cincinnati/Northern Kentucky International Airport
Ultra-low fare carrier Frontier Airlines today announced it will open a new crew base at Cincinnati/Northern Kentucky International Airport (CVG) in May of 2024.