HELSINKI, Finland-headquartered Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co Ltd (RCI) in China
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Cargotec unloads 49pc share in China joint venture - US Q1 containerised agricultural exports up 13pc
US agricultural exports increased 12
- Air France KLM boosts cargo operations following Covid-19 disruption
AIR France KLM Martinair Cargo (AFKLMP) has increased operations across its network, following severe disruption over the last few months caused by...
- Lufthansa Group obtains US$9.9b in financial support
LUFTHANSA Group has secured approval from the federal German government's economic stabilisation fund, WSF, for a EUR9 billion (US$9
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Sanmar and Svitzer deliver power and performance to Port of SoharSanmar Shipyards, the renowned Turkish tug building specialist, has followed up on recent deliveries of the two Sirapinar class ASD tugs to the Port...
- China's vehicle production expected to decline 11.5pc in 2020: IHS Markit
CHINA's light vehicle production will drop 11
- China's big automaker profit falls 29pc to US$3.6 billion in 2019
SAIC Motor, the biggest automaker in China, reported a 28
- Oz suffers barley tariff for dissing China, and now risks wool boycott
CHINA's decision to impose tariffs on Australian barley imports has highlighted how reliant some sectors are on Chinese demand, reports...
- China's uneven recovery continues in April as industry grows anew
CHINA's industrial economy bounced back in April after the first quarterly contraction in history, but retail and investment remained weak, as...
- Chem giant Dow set to sell ports, marine terminals, storage, rail facilities
AMERICAN chemical giant Dow Inc is exploring the sale of its ports on the US Gulf Coast and six railway hubs as it refocuses on chemicals, reports...
- Norway's Odfjell sells 50pc of terminal in Dalian for US$59 million
NORWAY's Odfjell SE has announced that Odfjell Terminals (China) Pte Ltd (OTC) has completed a sale of its 50 per cent of its shareholding in...
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Turkish Ceyport Acquires Three Vessels From Med MarineMed Marine and Ceyport Tekirdağ Uluslararası Liman İşletmeciliği A.Ş. (Cey Group Company) from Turkey, signed a sales contract for two tugboats...
- China makes biggest US pork order of 2020 as virus hits plants
CHINA is increasing American pork imports, giving the sector a much needed boost as US meat exports have slowed because of sickness in meatpacking...
- American Airlines extends cargo-only ops to Rome, London, Zurich, Paris
AMERICAN Airlines is expanding its cargo-only operations this month with new flights to Rome, London Heathrow, Zurich and Paris, reports London's...
- India reopens economy but millions refuse to budge in face of high risks
INDIA is gradually easing stay-at-home restrictions across the country, but the return to work in the midst of the coronavirus pandemic faces serious...
- UK retailer turns to Singapore Airlines to overcome capacity crunch
MANCHESTER's online retailer The Hut Group (THG) is to charter two cargo aircraft and launch a partnership with Singapore Airlines to secure...
- Cosco Ship Holdings' net profit plunges 57pc in Q1 due to Covid-19
COSCO Ship Holdings and China International Marine Containers, both subsidiaries of the Cosco group, posted lower earnings for the first quarter of...
- Delta Air aims 50pc cut in daily cash burn by end-June
DELTA Air Lines Inc says it will reduce its daily cash burn by half by the end of June amid a collapse in travel demand
- EUROGATE Intermodal starts Bremerhaven to Frankfurt/Main rail service
EUROGATE Intermodal (EGIM) has launched a direct rail service between the container terminals Bremerhaven-Nordhafen and the inland terminal Deutsche...
- American Airlines boosts services to ship critical goods
AMERICAN Airlines is expanding its cargo-only operation this month to provide more than three million kilogrammes of capacity to transport critical...