DP World has re-acquired P&O Ferries for $322m ($421m), 10 years after it sold the operator to Dubai World.
In 2006 port operator DP World acquired the UK-based P&O group and sold some divisions, including P&O Ferries, during the height …

The pro-scrubber Clean Shipping Alliance 2020 has strongly criticised the EC for urging the International Maritime Organization (IMO) to restrict the use of open-loop exhaust gas cleaning systems (scrubbers) in ports around the world.
But vessels fitted with scrubbers are …

Expeditors International recorded a strong end to the year, with an 18% surge in revenue, pushing full-year figures to show similar growth.
The 3PL saw more than $8bn in income over the course of 2018, generating some $796m in operating …

Panalpina says it is making headway in its digital transformation with the launch of a system that allows customers to get real-time quotes, book and pay online.
Currently available on an invite-only basis, My Panalpina will help the 3PL catch …

Market sources say that Danish 3PL DSV has come to terms with the idea of looking for another partner after finding it increasingly difficult to engage with Panalpina (PAN), which is drafting its own plan to grow inorganically.
Once more …

Atlas Air released solid fourth-quarter and annual results today, and showed the lessor continuing to profit from benign trends while investing in new growth initiatives.
The chief reason for the increased profits and revenues was the continuing growth of e-commerce …

According to the data obtained by WACD, the international air cargo market information provider, in 2018; Turkish Cargo, the global air cargo brand providing service to 124 countries around the world, attained an increase of 21.7 percent in the rate …