Will Boeing soon bid farewell to 747 production?
Boeing’s 747 aircraft was the first widebody aircraft ever produced and has been in production for about 50 years, but with the recent parting...
Category : Transportation
Baltic index snaps 6-day losing streak on higher capesize rates
The Baltic Exchange’s main sea freight index on Friday rose for the first time in seven sessions, helped by an uptick in capesize rates. *...
Hong Kong-based Kerry Logistics confirms takeover of Turkish forwarder ASAV
Hong Kong-based Kerry Logistics has acquired a majority interest in Turkey’s Asav Lojistik Hizmetleri A.Ş. (ASAV), the company said in a statement. The forwarder said...
Baltic Index Snaps Losing Streak
The Baltic Exchange’s main sea freight index on Friday rose for the first time in seven sessions, helped by an uptick in capesize rates. *...
Capacity cuts on North Asia-Australia container trade as demand plummets
Shipping lines are cutting container services between North Asia and Australia as plummeting freight demand reaches “breaking point”. According to Alphaliner, streamlining services on the...
Analysis: Søren Skou adds a T&T variable to the AP Møller-Mærsk mix
Group chief executive Soren Skou By Alessandro Pasetti 22/11/2019 Mid-way through last week’s call between the management team of AP Møller-Mærsk (APMM) and sell-side analysts...
Kerry Logistics receives recognition from Bloomberg Businessweek/Chinese Edition
Ellis Cheng, chief financial officer of Kerry Logistics (right), receives the Bloomberg Businessweek/Chinese Edition – Listed Enterprises of the Year 2019 trophy Kerry Logistics Network...
German business community positive about energy transition in Port of Rotterdam
The German business community has praised the projects that will make the Port of Rotterdam CO₂ neutral in three steps. This happened on Wednesday 20...
Dimerco announces management restructure as chief executive Lin retires
Taiwanese freight forwarder Dimerco Express Group has set up an executive management board (EMB) as part of a restructuring process. The EMB will consist of...
Sea Freight Forwarding Market Global Strategies and Insight driven transformation 2019-2024 – The Market Publicist
The next five years the Sea Freight Forwarding market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$...