AlisCargo Airlines confirmed the transaction was the first part of a 100% acquisition by Swiss cruise and freight liner MSC.
The post Shipping company MSC to acquire 100% of Italian cargo airline appeared first on Ship Technology.
https://www.ship-technology.com/news/shipping-company-msc-to-acquire-100-of-italian-cargo-airline/
It’s no secret the freight industry is highly cyclical.
“Every year or two there is a recession and then there’s a spike, specifically in the freight industry,” said Margie Hamlin, head of operations and accounts at Leaf Logistics.
The transactional, load-by-load way that freight is contracted remains an issue, according to Hamlin. The odds of shippers being able to look ahead and have capacity and cost certainty is slim to none.
“And this leads to interesting behaviors that exacerbate the...
https://www.freightwaves.com/news/whats-contributing-to-freight-market-volatility-chaos
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Birmingham, Alabama-based transportation management system provider McLeod Software recently...
With more than 12,000 employees, Mexican-owned Estafeta Mexicana has been in business for 43 years. It started as a parcel company but now identifies as a logistics integrator offering solutions for companies in Mexico.
“We provide a different portfolio of services based on the needs of the customers that currently work in Mexico or are looking for business in Mexico,” said María Griselda Hernández, Chief Marketing Officer for Estafeta.
Estafeta, recognized as a leading strategic partner in...
https://www.freightwaves.com/news/estafeta-mexicana-turning-data-into-value-with-open-pricer
Here are the largest port facility construction projects initiated globally in Q2 2022, according to GlobalData’s construction projects database.
1. Kampot Logistics And Multipurpose Port – $1,500m
The project involves the construction of a logistics and multipurpose port in Bokor, Kampot, Cambodia.
Construction work started in Q2 2022 and is expected to be completed in Q4 2030.
The project aims to enhance the marine transportation and logistics services sector of Kampot Province. It will create...
In a constantly evolving market, accurate and up-to-date data is crucial for success in the logistics industry, especially when it comes to recruiting and retaining employees.
The goal of the National Transportation Institute is to foster growth opportunities for fleets by helping them to recruit and expand a team that is appropriately compensated, engaged and retained based on current market trends.
NTI is dedicated to helping fleets understand these compensation trends and make critical...
https://www.freightwaves.com/news/the-forces-at-play-behind-driver-wages-taking-the-hire-road
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Learn more at SONAR.FreightWaves.comhttps://s29755.pcdn.co/news/trucking-freight-futures-market-summary-week-ending-07-10-2020
