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  • Tangier Port to Become Mediterranean’s Largest June 26, 2019
    By Ahmed Eljechtimi and Ulf Laessing KSAR SGHIR, Morocco, June 26 (Reuters) – Morocco will open new terminals at Tanger Med port on Thursday, allowing it to surpass the Mediterranean’s largest ports Algeciras and Valencia in terms of container capacity, and drive more investment and manufacturing to the country. Tanger Med, the biggest port in […]
    Reuters
  • Abu Dhabi Rig Builder Plans Expansion Into Offshore Wind Power June 26, 2019
    By Mahmoud Habboush (Bloomberg) –An Abu Dhabi-based company that builds drilling platforms for oil giant Saudi Aramco plans to diversify into renewable energy by supplying gear for offshore wind farms. National Petroleum Construction Co. is bidding for wind projects in the North Sea and monitoring wind-equipment tenders coming out of India and Southeast Asia, Chief […]
    Bloomberg
  • Carr: Searching the Bottom of Long Island Sound June 26, 2019
    By Michael Carr – We were searching the bottom of Long Island Sound between Old Saybrook CT and Plum Island Long Island, for a 36 ft. powerboat. The boat sank after colliding with a towed barge, filled with concrete. Our search area was approximately 7 miles long, east to west, and 6 miles wide, north […]
    CW4 MICHAEL W. CARR

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  • FedEx founder Smith slams US ‘protectionism’ and ‘opaque’ export rules June 26, 2019
    Fred Smith, founder of FedEx, has lambasted the US government’s position on trade, and has filed a lawsuit accusing it of placing “an unreasonable burden” on the carrier.  In an earnings call last night, Mr Smith decried the US protectionist strategy.  “Now we have a huge dispute where the United States has basically become protectionist – defined as ‘I will make everything I […]
    Alex Lennane
  • Transpacific carriers gamble with peak season GRIs, but blank more sailings June 26, 2019
    Transpacific ocean carriers are gambling on a good peak season and announcing some hefty rate increases – but they are being obliged to underpin these by voiding some headhaul voyages. Hapag-Lloyd notified its eastbound transpacific customers yesterday of a $700 per 40ft  general rate increase (GRI) effective 1 August to follow the big price hikes […]
    Mike Wackett
  • Authorities launch clampdown on fake ‘Made in Vietnam’ labels on exports to US June 26, 2019
    While Vietnam is consistently cited as a major beneficiary of the US-China trade war, its forwarders are aware that the dispute may prove a double-edged sword. This month, Hanoi announced it was cracking down on the illegal practice of Chinese firms shipping goods to Vietnam to obtain a certificate of origin and ‘Made in Vietnam’ […]
    Gavin van Marle

RSS Air Cargo World

  • FedEx reports significant 4Q loss due to economic weakness, trade issues June 26, 2019
    This week, Memphis-based FedEx reported a 3.0% year-over-year increase in revenue for its 4QFY19, ended 31 May, to US$17.80 billion. Operating income during the quarter was mostly flat at 0.9% to $1.31 billion, and the company reported a net loss of $1.96 billion, down from $1.13 billion income for 4QFY18.  The Express segment saw weak performance for […]
    Chelsea Toczauer
  • UK retailers expect overseas demand spike this summer, says Royal Mail June 26, 2019
    This summer, 66% of SME retailers in the United Kingdom expect an increase in sales, and 39% expect to see an increase in overseas sales, according to a June report from the U.K.’s Royal Mail postal service.   The retailers surveyed reported that increased demand for summer goods will push the anticipated spike, thanks to warmer weather and vacation season. Almost three-quarters of retailers surveyed […]
    Brianne Ledda
  • Norwegian airport operator Avinor commits $1 million to biomass fuel June 26, 2019
    Avinor, the state-owned operator of Oslo Airport (OSL), Stavanger Airport (SVG) and other Norwegian airports, agreed to spend US$1 million on biomass fuel from Quantafuel, a manufacturer that converts plastics and now wood waste into jet fuel.   “[The] end game and goal is to produce jet fuel from biomass,” Quantafuel Chief Executive Kjetil Bøhn told Air Cargo World. The biomass fuel, which isn’t ready for the market yet, […]
    Brianne Ledda

RSS ATWOnline

  • FAA flags new computer issue in Boeing MAX tests June 26, 2019
    FAA test pilots have flagged a new issue in the Boeing 737 MAX flight control system that must be addressed as part of changes being made to get the aircraft back into service, ATW has learned. read more
  • Boeing CEO still hopes for MAX return by end of summer June 26, 2019
    Boeing’s top executive remains hopeful that the Boeing 737 MAX will be cleared to fly before summer’s end and pledged to ensure affected operators are compensated regardless of how long the disruption lasts. read more
  • Neeleman: First Moxy A220s to come from GECAS in 2021 June 26, 2019
    Planned US startup Moxy will have “lots of flexibility” with the Airbus A220-300 that would allow the airline to go international, David Neeleman says. read more

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  • Improving Supply Chain Accuracy, Productivity, and Speed June 25, 2019
    In today’s speed-of-light business environment, getting inventory out the door faster, tracking it better, and minimizing the cost of doing it is what keeps you in the game. Small and mid-size businesses expecting to compete in today’s marketplace must become highly nimble, especially when it comes to warehouse and supply chain operations. The greater your […]
  • Walmart’s Kickstarting a $1 Trillion Driverless Delivery Market June 24, 2019
    Even the world’s biggest store doesn’t make money selling its wares online in the U.S., largely due to runaway shipping costs. So Walmart is turning to robots.
  • Domino's Brings Self-Driving Pizza Delivery Pilot to Houston June 20, 2019
    The chain, known as a technology leader in the restaurant industry, is teaming up with Nuro, a Bay Area robotics startup run by a pair of former Google employees.

RSS Supply Chain Visibility