Air Freight News
Turkey’s trade deficit narrows after imports slump on weak lira
Turkey’s trade deficit narrowed sharply in September as exports rose for a third straight month and imports slumped, driven by a slowdown in economic activity…
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Ontario Teachers’ reaches agreement to sell equity stake in SeaCube Container Leasing Ltd. to Wren House
The Ontario Teachers’ Pension Plan Board (Ontario Teachers’) today announced that Wren House Infrastructure Management Limited (Wren House), a global infrastructure investment manager, has agreed…
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Genetec Clearance helps transit authorities speed up investigations
Digital evidence management system enables agencies to easily retrieve, review, and share security video recordings and vehicle telematics with internal departments and outside agencies
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DISPEO’s Evreux logistics site capitalizes on SCALLOG Goods to Person robotics for agile, customized multi-activity logistics
With SCALLOG Goods To Person robotics, the 3PL DISPEO is meeting its objectives for stock consolidation, logistics performance and CSR at its Evreux warehouse. Focus…
BOE governor says Brexit has created opportunities for UK
Bank of England Governor Andrew Bailey said Brexit has “created opportunities” for Britain’s financial regulators and has less of an impact on the City of…
IAG returns to investment grade at S&P after profit rebound
British Airways parent IAG SA regained its investment grade credit rating from Standard & Poor’s, in a sign that efforts to rebuild the carrier’s balance…
Saudi Airlines considers debut bond sale to fund expansion plans
Saudi Arabia’s biggest airline is weighing options including a debut bond sale to fund new aircraft orders, as it prepares to almost double its fleet…
Hitachi wins UK approval for €1.7 billion Thales rail deal
Hitachi’s proposed €1.7 billion ($1.78 billion) purchase of Thales SA’s rail-signal business won regulatory approval from the UK’s competition watchdog after the Japanese firm offered…
Sunak cancels rest of HS2 high-speed rail to re-invest funds
Prime Minister Rishi Sunak canceled the northern leg of the UK’s HS2 high-speed rail project, betting that re-investing funds in alternative transport links across the…
Bank of Portugal cuts growth forecasts on exports, rate hikes
The Bank of Portugal cut its forecast for the country’s economic growth for the next three years, citing a slower increase in exports and the…