NEWS
company news
Singapore's PSA takes 22pc of Germany's Duisburg Gateway
SINGAPORE's PSA International has agreed to acquire 22 per cent of Duisburg Gateway Terminal (DGT), the world's biggest inland port, reports New York's Journal of Commerce.Duisport was one of the main points for rail freight between China and Europe, the conduit for 95 per cent of all...
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FedEx and union leaders reach agreement on pay and legacy pensions
THE executive of Air Line Pilots Association, Int'l (ALPA), has approved a tentative pilot contract reached with FedEx, reports London's Air Cargo News.The tentative contract agreement, which was reached on May 30, will now go to a membership ratification ballot, which will open on July 5...
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CargoLogicAir unlikely to be sold as a going concern
THE joint administrator of CargoLogicAir says the airline is unlikely to be sold as a going concern in its latest update on the company.UK-based CargoLogicAir, which operated Boeing 747 freighters, was forced to halt services after sanctions relating to the Ukrainian conflict prevented it from fl...
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