LAX Community Partners, LLC (LACP), a Realterm and JLC Infrastructure joint venture, selected as the developer for LAX’s Cargo Modernization Program
Revitalization to enhance freight flows at top cargo hub
Panic buyers load up on rice supplies as India bans exports
India’s move to ban certain rice exports has sparked some panic buying in various countries, with videos on social media showing bags of the staple…
Anglo fights disruptions on key iron ore line in South Africa with help of drones
South Africa is turning to drones and helicopters to fight cable theft that’s disrupting a key export line carrying iron ore from mines owned by…
Record hot oceans are driving weather disasters around the world
Soaring water temperatures are triggering extreme heat, storms and drought.
FedEx pilots reject labor deal, sending both sides back to talks
FedEx Corp.’s unionized pilots rejected a tentative agreement to renew a labor contract on which talks have dragged on for more than two years.
EU enacts €43 billion Chips Act in bid to boost production
The European Union’s plan to bolster domestic semiconductor production will become law after ministers completed the final approval on Tuesday.
Saudi oil revenue drops to lowest since 2021 as prices falter
Saudi Arabia’s receipts from oil sales abroad declined by more than a third to the lowest since September 2021, amid a spluttering recovery in energy…
Russia’s crude flows from Western ports slump to seven-month low
Overall flows are down by 640,000 barrels a day from their February levels
VINCI Airports finalizes financial structuring for Cabo Verde airport concession, takes over operation
• Financing arrangements completed for a concession covering seven airports in the archipelago • 40 years concession in a country with a growing tourism sector…
Shodesh in Bangladesh deliver huge breakbulk consignment
Project Cargo Network Bangladesh members, Shodesh Shipping & Logistic recently handled a huge breakbulk consignment for the RNPP construction project.
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