Fraport Group revenue and profit fall sharply amid Covid-19 pandemic
A total of €280 million earmarked for measures to reduce personnel costs – Adjusted operating result (EBITDA) remains positive, backed by cost-saving measures – Frankfurt…
Xi seeks to ease concerns that China’s economy is turning inward
Chinese President Xi Jinping tried to re-assure international businesses that the nation is committed to open trade, amid concerns that the new ‘dual circulation’ strategy…
Canada’s trade deficit stays elevated on import rebound
Canada’s trade gap was little changed in September at elevated levels as imports have rebounded more quickly than exports since the onset of the pandemic.
World’s largest airlines lost $110bn in YTD revenue
The entire airline industry took a tremendous hit in 2020, with countries worldwide shutting down borders and limiting travel as a response to the COVID-19…
FTR reports preliminary North American Class 8 net orders swell to 40,100 units in October
FTR reports preliminary North American Class 8 net orders soared in October to 40,100 units. This is the first 40,000+ unit month for Class 8…
Dan-Gulf Shipping joins Oslo Caribbean Carriers to expand project cargo segment
With immediate effect OCC and Dan-Gulf Shipping are pleased to announce they have reached a joint venture agreement.
IQAX to revolutionize global supply chains
IQAX Limited, a leading edge technology company providing intelligent digital solutions for the global trade industry, is proud to announce its inauguration today. Anchored by…
CMA CGM PSS from Mediterranean, Adriatic & Black Sea to Middle East
Peak Season Surcharge (PSS) rates applicable as from November 15th, 2020 (date of loading in the origin ports) until further notice
New cranes arrive for SC Ports’ Hugh K. Leatherman Terminal
SC Ports received three new ship-to-shore cranes and four hybrid rubber-tired gantry cranes today at the Hugh K. Leatherman Terminal in North Charleston.
CMA CGM PSS update from China to East Russia
Peak Season Surcharge (PSS) rates applicable as from November 22nd, 2020 (date of loading in the origin ports) until further notice.
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