Yang Ming Chiefs Deny Extra Bonus Amid Doubled Q1 Profits
Yang Ming has denied media reports that its chairman and GM, Cheng Cheng-mount and Patrick Tu, paid themselves an ex-gratia bonus after the Taiwanese operator’s earnings began
Baltimore Plans Explosive Demolition for Collapsed Bridge
The task force working on the restoration of full access to the port of Baltimore is going explosive. Yesterday, the Key Bridge Response 2024 Unified Command announced it would be
Airlines Juggle Q4 Capacity for E-commerce Boost
Air Transport Services Group (ATSG) has made a further deal to operate freighters for Amazon in a bid to capitalise on the ecommerce boom. But airlines unable to cash in on the sec
FAA Investigates Boeing 787 Dreamliner Safety
Airlines in line for delivery of Boeing 787 Dreamliners are facing longer wait times as the troubled manufacturer checks the aircraft on its production line for potential problems
FBI Investigates Criminal Case in Baltimore Bridge Disaster
The investigation of the Baltimore bridge disaster may be turning into a criminal case. An FBI team boarded the containership Dali as the bureau launched a probe into whether the c
Shipping Line Prospects Improve After Tough Fourth Quarter
The last three months of 2023 were some of the worst for liner shipping’s finances in recent years, with the cumulative loss among carriers amounting to $700m, according to new a
European Rail Operators Increase Cargo Traffic from China
European rail freight may have been having a torrid time recently, but it appears to have got volumes back from China – even with Russia’s continuing onslaught against Ukraine.
Boeing Fails to Deliver 777 Freighters to 12 Waiting Airlines
Boeing admitted yesterday that it had failed to deliver a single 777 freighter in the first quarter of the year. The troubled plane-maker did, however, produce 11, according to ana
Disruption Warning for Roads, Trains, Ports Due to Pro-Palestine Protests
Police and shipping operators are bracing for parts of the city and the Port of Melbourne – Australia’s busiest port – to be shut down on Monday as part of a global protest o
GSL Launches Rate Restoration Program for North East Asia-Australia
With the present market condition and to sustain the level of service to customers, GSL have independently decided to implement a Rate Restoration with below details on shipments e
