Private equity is changing the cargo handling market – and not in a good way, according to insiders.
The debt-heavy sector, which comprises numerous single-airport companies alongside a handful of global heavyweights such as Swissport and Worldwide Flight Services (WFS), …
Following up on my previous coverage from last week – read: “Return to sender – gauge the appeal” – here are some additional soft considerations worth sharing with you on the topic that drove today’s headline.
So, welcome to the …
The Canadian military has deployed transport planes, helicopters and several hundred troops to assist with the evacuation of Vancouver where, since Monday, flooding and mudslides have left much of the city cut off from both road and rail.
On Wednesday, …
Carriers are knocking on the doors of shippers, offering discounted rates for December sailings from China to Europe, as bookings begin to tail off.
However, there is no evidence of a market crash, and rates are likely to gain a …
China’s state council announced yesterday that international liner operators can transport containers transhipped from Shanghai’s Yangshan to the ports of Qingdao, Tianjin and Dalian, temporarily lifting cabotage restrictions.
The pilot scheme is aimed at developing the Lin-gang Special Area, part …
Despite chaos across the logistics chain, market research by Forto and FourKites suggests sustainability remains ‘top-of-mind’ for shippers.
Digital forwarder Forto today reports that 50% of sea freight volumes via 65% of customers chose to ship using its CO₂e emission …
Mammoth Freighters has signed Canadian operator Cargojet as the launch customer for its 777-freighter conversion programme.
It has signed an initial sales agreement for two 777-200LRMF freighters and Cargojet has placed options for two 777-300ERMFs and two additional 700-200LRMFs.
The …
