Meanwhile, the Russian airline conglomerate won contracts to provide long-term transportation and logistics support for Boeing Commercial Airplanes and its partners, as well as GE Aviation, the company said yesterday.
LA/Long Beach ports sees truck turn times speed up
PierPass, which was created by marine terminal operators in Los Angeles and Long Beach to address multi-terminal issues, noted Q2 truck turn times at both ports were faster than any other quarter during the past two years.
Port of Savannah ushers in Big Ship era
The MOL Benefactor has worked its way down the East Coast to Savannah after taking advantage of the wider Panama Canal to transport cargo from Asia.
U.S. prescribes countervailing duties for Chinese stainless steel imports
The Commerce Department on Tuesday recommended countervailing duties be assessed on imports of stainless steel sheet and strip from China.
China COSCO reroutes boxes from Piraeus to Koper
State-owned China COSCO Shipping has rerouted boxes from the Port of Piraeus in Greece to Slovenia’s Port of Koper along the Adriatic Sea due to rail worker strikes.
Emirates SkyCargo promises expansion at Columbus
The freight division of Emirates, which commenced import cargo flights from Dubai to Columbus, Ohio’s Rickenbacker International Airport last year, said it plans to add frequencies, services and staff to the hub.
Volga-Dnepr finalizes freighter deal with Boeing
The Russian cargo airline finalized terms with Boeing on Tuesday to acquire 20 747-8 freighters, supporting its “long-term strategy” to grow its subsidiary AirBridgeCargo’s fleet and replace its current 747-400s.
Port of Long Beach posts 3.4% increase in box volumes
The Southern California port attributed the 3.4 percent year-over-year increase in container volumes in June to rising imports, which jumped 5.5 percent year-over-year.
CP announces $0.38 dividend
The board of directors of Canadian Pacific Railway Limited declared a quarterly dividend of $0.50 Canadian (U.S. $0.38) per share payable Oct. 24 to shareholders of common stock.
Ocean carriers add Italy calls to joint Med-West Africa loop
Vessel operators Marguisa, Maersk Line, Arkas Line and ZIM, along with slot takers CMA CGM and Hapag-Lloyd, will add calls to La Spezia and Genoa to their joint WAS service between the Mediterranean and West Africa.