August 2022
Agility, a supply chain services, infrastructure and innovation company, announced that it has finalized its acquisition of UK-based John Menzies PLC and will combine the business with its National Aviation Services (NAS) business to create a world leader in aviation services in 58 countries.Once integrated, the combined company will operate as Menzies Aviation and will be the world's largest aviation services company by number of countries and second largest by ...
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GT USA Wilmington (GTW) has recently received its first ever shipment of summer fruit into the Port of Wilmington, Delaware from the West Coast of South America. The citrus fruits were delivered from Valparaiso, Chile to the Port by Capt. D. A. Dela Rosa, the Master of the M/V EVEREST ...
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With news of the UN’s late July deal to reopen the Black Sea, allowing ocean grain shipments to resume from Ukraine, leading real-time supply chain visibility platform FourKites® released new data showing that agile shippers are finding ways of managing the volatile situation.Following the grain deal between Ukraine and Russia, ...
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American Trucking Associations praised the United States Senate on July 27 for passing the CHIPS Act of 2022 to boost domestic semiconductor manufacturing and urged the House of Representatives to quickly follow suit and send the bill to President Biden for signature.
“Semiconductors and computer chips make our economy and industry ...
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DHL Express Germany marked the official start of construction for its new Munich Airport facility on July 27 with a groundbreaking ceremony. The buildingwill boast a gross floor area of over 11,000 square meters. This will make the facility almost seven times larger than the warehouse DHL Express currently rents ...
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DP World Ltd handled 20.2 million TEU across its global portfolio of container terminals in Q2 2022. Gross container volumes increased by 2.9% year-on-year on a reported basis and 3.5 % on a like-for-like basis.Volume growth in Q2 2022 was driven by terminals in Asia Pacific, the Americas, and Australia. ...
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Drewry container equity index slumped 25.9% YTD 2022, as of July 15, 2022, after recording a significant valuation gain of 79% and 133.7% in 2020 and 2021 respectively. Liner stocks started 2022 on a positive note but the global polycrisis originating from the decade-high inflation, tight liquidity and geopolitical crisis ...
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There’s so many uses for fresh lemons, especially in the dog days of summer. That’s why nothing could be more refreshing than the arrival of more than 3,500 tons of fresh lemons from Argentina at the Port of Philadelphia on July 22.The M/V Baltic Erica unloaded approximately 3,300 pallets of ...
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Guided by its 20-Year Strategic Master Plan, Galveston Wharves is planning and executing projects for long-term economic and jobs growth, pending final Wharves Board approval and acceptable financing. These involve two projects totaling about $50 million that will expand acreage and infrastructure at the Port of Galveston’s West Port Cargo ...
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Hawaii-based Pasha Hawaii, together with Texas-based Keppel AmFELS, announced the delivery of the MV George III, the first Liquefied Natural Gas (“LNG”) powered vessel to fuel on the West Coast and the first to serve Hawaii. The 774-foot LNG-fueled containership is the first of two new ‘Ohana Class containerships to ...
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