IAG Cargo launches new pharma centre at Heathrow
IAG Cargo announced earlier this week it has opened a new pharmaceutical centre at Heathrow airport, which is the latest step in the expansion of its Constant Climate service for transporting temperature-sensitive pharmaceutical material.
Airbus predicts World freighter fleet to reach almost 3,000 aircraft
According to Airbus’ new Cargo Global Market Forecast, world-wide air freight traffic will grow by an average of 4.8 per cent annually over the next 20 years, almost doubling the required global freighter fleet to nearly 3,000 aircraft.
IATA calls for Empowering Aviation
The International Air Transport Association (IATA) urged governments to re-commit themselves to the ideals of airline deregulation and the free market, so as to permit aviation to continue to deliver the benefits of global connectivity that make possible US$ 2.2 trillion worth of economic activity.
Dismantling Gender Discrimination aids economic growth
A new World Bank and IFC report finds legal and regulatory barriers to women’s economic inclusion have decreased over the past 50 years globally, but many laws still hinder women’s participation in the economy.
IMF Urges Concerted Policy Action to Reduce Risks to Global Growth
A new analysis by the International Monetary Fund states if the world’s largest economies could make improvements in their policies in mutually reinforcing ways, they would lift global GDP over the longer run by as much as 3 percent.
AENA and AXA Private Equity to acquire Luton Airport
Spain’s AENA, the world’s largest airports operator with some 200 million passengers a year, has agreed to acquire London Luton Airport, the UK’s fifth largest airport in terms of passengers, in association with the infrastructure fund of AXA Private Equity.
USTDA supports aviation development in India
The United States Trade Development Agency (USTDA) underscored the breadth of its engagement in India's aviation market by concluding three grant activities with India's civil aviation agencies that will introduce U.S. technologies.
EBRD invests in Turkey’s first Port infrastructure bond
The European Bank for Reconstruction and Development (EBRD) is supporting Turkey’s first ever infrastructure bond with a US$ 79.5 million participation in a US$ 450 million Eurobond, launched by Mersin International Port (MIP).
Additional ADB financing of US$ 300 million to Upgrade State Highways in India
The Asian Development Bank (ADB) and the Government of India have signed an agreement for US$ 300 million in additional loan to upgrade 254 kilometers of severely deteriorated highway in northern and southern Bihar.
Damco targets Russian federation O&G Project cargo
With a dedicated, local team operating out of its Saint-Petersburg office, Damco Russia has executed and delivered its first main heavy lift and out-of-gauge shipments for its Engineering Procurement and Construction (EPC).
TNT Express extends 'before 12:00' delivery coverage in Europe
TNT Express extends the geographical reach of its international ‘12:00 Express’ and ‘12:00 Economy Express’ delivery services to more than 900 additional locations across Europe.
Norbert Dentressangle wins major contract with ASOS
In one of Europe’s largest logistics deals, global on-line fashion retailer, ASOS, has awarded a three-year contract for the management of its worldwide distribution centre to Norbert Dentressangle.
APL names newest container vessel
Earlier this month, APL welcomed the latest addition to its global fleet with the naming of a 9,200-TEU containership at the Port of Los Angeles. The APL Savannah is the fifth in a series of twelve 9,200-TEU vessels to be delivered to APL.
CaroTrans launches New Services
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced another expedited LCL import service from China, a direct Hong Kong to Atlanta connection.
Rickmers Group and Apollo Global Management Establish JV for Container Shipping
Rickmers Group and funds affiliated with Apollo Global Management, LLC have entered into a joint venture to invest in container ships, initially focused on secondary market vessels. The joint venture has the capacity to invest up to US$ 500 million.
Etihad Rail signs MoU with National Air Cargo
Etihad Rail, the developer and operator of the UAE’s national railway network, announced the signing of a Memorandum of Understanding (MoU) with National Air Cargo, a leading freight solutions provider specialising in multimodal sea-to-air transportation.
DB International to provide engineering services for Al Haramain High Speed Rail Project
DB International engineers have received an order for the first high speed rail link in Saudi Arabia: in mid-September they were commissioned to review the design of the track, the rail systems, the construction supervision and the supervision of rolling stock production.
USTDA focuses on ASEAN Connectivity through Rail
The U.S. Trade and Development Agency (USTDA) inaugurated the ASEAN Connectivity Through Rail Forum at Jakarta with panels focusing on the challenges and opportunities for closer cooperation between the United States and Southeast Asian nations.
Quintiq to optimize DB Schenker Rail’s pan-European operations
Quintiq, a global provider in supply chain planning and optimization (SCP&O) platform, announced that it will provide its optimization platform to DB Schenker Rail AG, to integrate its rail network across Europe.
DHL introduces unique carbon reporting feature
DHL Global Forwarding is the industry’s first company to include an automatic carbon footprint reporting feature as part of its track and trace system. The customer system complies with norms and latest industry standards. From October 1 onward.
Boeing Launches New Maintenance Apps for iPad
Boeing has made performing routine maintenance and diagnosing aircraft issues faster and easier for airline technicians with a suite of new mobile applications for iPad.