DEALSTREETASIA reports that Zhonggu plans to use IPO proceeds “to purchase containers and container ships”.
– The listed entity is Shanghai Zhonggu Logistics
– The deal was reportedly oversubscribed (7.5x)
– Zhonggu Shipping controls Shanghai Zhonggu Logistics (background here) and …
PRESS RELEASE: September 2020
The company said the new aircraft will boost the cargo and supply operations and help meet the significant surge on the demand for medicine, medical and preventive equipment and other similar goods.
Omar Hariri, CEO, Saudia …
The “total chaos” at Menzies Heathrow has abated, following swift action by the handler.
Caught in a perfect storm of surging volumes while taking over the Qatar Airways contract, Menzies – along with importers, forwarders and hauliers – has had …
Shippers – particularly those in e-commerce – have been advised to begin planning for potential supply chain disruption and rising prices as the peak season looms.
Speaking on Reuters webinar yesterday, on the upcoming peak season, Canada Post chief operating …
A looming ‘no deal’ post-transition Brexit and predictions of supply chain “bedlam” due to customs bureaucracy, driver shortages and congested trailer parks is continuing to prompt an increased demand for multimodal services to the UK.
The specialist Iberian shortsea container …
Martin Drew has been picked for the top job at Etihad Cargo, in what could be a welcome promotion for the carrier’s customers.
Mr Drew, who has worked for the carrier for 15 years, most recently as head of its …
PRESS RELEASE: Air France KLM Martinair Cargo (AFKLMP Cargo) is constructing a brand-new climate-cool
room at its Schiphol Pharma Hub, a new step in preparation for the distribution of Covid-19 vaccines, which will be handled by a dedicated task force, …
