Crane Worldwide Logistics said Shanghai was operating as usual after yet another round of mass testing, noting only shippers with facilities in quarantined areas would be impacted. The forwarder added: “The majority of cities outside of Shanghai are now accepting trucks and drivers, so long as a d...

The deal, under “the president [Putin]’s instructions”, according to Russian media, was for Rb9.5bn ($167m), and was expected to see Volga-Dnepr Group carry some 20,000 tonnes of freight of “critical importance” by the end of the year. Moscow mayor Sergei Sobyanin said: “Essentially, we ...

The government says the Russian airline group has “significant air operations that is contracted by the Russian government to create air bridges that carry critical goods”. It added that Mr Isaikin was working “as a director (or equivalent) of a company carrying on business in a sector of stra...

Mr Wieringa said Maersk’s air cargo arm planned to triple in size in the next few years, and would widen its scope to more geographies and verticals. “We will do that by means of organic growth, but we will still keep an eye on the inorganic agenda.” He said: “We used to be very much focused...

Management has raised the quarterly dividend by more than 50%, tied executive compensation and investment to shareholder return performance and brought in two external directors to the board, with a third to follow. To the delight of shareholders, FedEx announced the quarterly dividend would be rais...

Maersk Mr Hausmann said the Danish group had always had subsidiaries playing in the air freight arena: forwarder Damco, now rebranded and re-integrated; and Star Air, basically an ACMI provider mostly to UPS and DHL. Over the past 18 months or so, driven by the cash amassed from the exceptional...

The deal will cover 800,000 litres of SAF, helping Bolloré cut its Scope 3 GHG emissions by at least 2,220 tonnes of CO2e, Cargolux called it “a significant achievement; one we hope to build on in the future”. The carrier, soon to announce its fleet replacement programme with either A350s or B7...

He claims regulatory intervention is necessary for a more democratic logistics sector to emerge. Speaking on a platform with Maersk’s UK and Ireland representative, Samantha Brocklehurst, and Nick Winder, of WIN Logistics Group, at this year’s Multimodal show in Birmingham, the debate turned to ...

Thanks to their chemical makeup, lithium-ion (Li-Ion) batteries release oxygen when they heat up and, should they catch fire, it is impossible to smother the flames with water or foam. Worse, however, is that while some are taught to fight battery fires using CO2 foam, spraying CO2 onto a battery fi...

The workers, who call themselves US Freedom Flyers, filed a case last month after Atlas implemented a mandatory US-authorised Covid-19 vaccine rule, in line with government recommendations. The pilots, flight attendants and others claim Atlas “frightened” workers into “feeling they had no choi...