June 2022
Lufthansa Cargo recently opened a new Fine Arts warehouse facility at the Frankfurt Hub, thus continuing the path it has begun to modernize its largest airfreight hub. With 155 square meters, the ARTcube in the Lufthansa Cargo Center now offers its customers twice as much space for safe and professional storage of high-value Fine Arts of all kinds."The modern ARTcube combines optimal handling processes with the highest security features. This ...
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Calendar year-to-date 2022 through May container volumes remained robust at the Port of Mobile posting 225,883 TEUs or an 11.6% gain over volumes handled during the same period last year. May 2022 container volumes at the Port of Mobile were down 6% handling 41,232 TEUs versus 43,865 TEUs handled in ...
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The Port of Virginia® continues processing record-setting amounts of cargo having handled more than 340,000 TEUs in May and in doing so making it the most productive month in the port’s history.May’s TEU total surpassed the previous all-time monthly volume mark by more than 14,500 units; that record was set ...
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The Port Authorities of Montreal, Québec and Trois-Rivières have announced the creation of a working group to identify and facilitate the implementation of joint initiatives. The signing of a collaboration agreement between these three ports on the St. Lawrence River is motivated by strategic, environmental, and economic factors.The three ports ...
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The International Air Transport Association (IATA) released April 2022 data for global air cargo markets showing a drop in demand and contraction in capacity. The effects of Omicron in Asia and the Russia–Ukraine war continue to create a challenging operating backdrop that is driving the decline.“Air cargo demand fell by ...
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Container terminal productivity across Northwest European ports has deteriorated significantly over the past three years due to the challenges of handling larger exchanges, as carriers have consolidated port calls in the face of volatile cargo demand, according to the latest Ports & Terminals Insight report published by Drewry.New analysis powered ...
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The Port of Long Beach has signed on to the Shanghai-Los Angeles Green Shipping Corridor, a partnership of C40 Cities, ports, shipping companies and cargo owners convened to create a zero-emissions trans-Pacific trade route.First announced in January by C40 Cities, the ports of Shanghai and Los Angeles, and key maritime ...
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The San Pedro Bay ports of Long Beach and Los Angeles will once again delay consideration of the “Container Dwell Fee” for another week, this time until June 17.Since the program was announced on Oct. 25, the two ports have seen a combined decline of 38% in aging cargo on ...
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A.P. Moller - Maersk (Maersk) has closed on its acquisition of Senator International, a well-renowned global company in freight forwarding.Senator brings to Maersk a strong organization and a well-developed airfreight network comprising its own controlled flights and long-term partnerships with best-in-class airlines, a well-established full container load (FCL) and less ...
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Cathay Pacific and Lufthansa Cargo announced the addition of Swiss WorldCargo to their joint venture, which offers customers more direct connections, more flexibility and more time savings.“The addition of Swiss WorldCargo's flights to the already large, combined network of Cathay Pacific and Lufthansa will bring Hong Kong, the world's busiest ...
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