March 2021
American Airlines has reached an agreement in principle to allocate a portion of the carbon reduction benefit it generates through its use of sustainable aviation fuel (SAF) to Kuehne+Nagel. It is believed to be the largest SAF collaboration between a freight company and an airline, and is based on 3 million gallons of fuel. It equates to a of nearly 26,000 tonnes of carbon dioxide over three years.
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National distribution business Swain Group has won a contract to provide port centric storage and distribution for natural stone supplier, Global Stone. Swain will dedicate two acres of its existing storage site at DP World London Gateway to the management of Global Stone’s inbound containers though both London Gateway and ...
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The US Transportation Department (DOT) has granted tentative approval for Irish carrier Aer Lingus to begin marketing planned services between the Manchester and the US, reports the Routes Online website. The airline applied to the DOT in December to operate transatlantic service from Manchester to Boston, New York JFK and ...
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AAL Shipping is taking delivery of two additional ‘G-Class’ multipurpose heavy lift vessels, expanding its core fleet to a total of 720,200 deadweight tonne. The Pacific Action and AAL Gladstone have both served in the AAL fleet in the past and re-join later this month – the former renamed this ...
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The Government’s Brexit plans are in crisis, with the EU threatening legal action over Northern Ireland border checks and UK e-commerce stores facing a 35% drop in sales of products sourced outside the country, says ParcelHeroThe parcels service broker warns Brexit is likely to cost UK traders £5.25bn in lost ...
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Digital solutions provider CargoAi is to appoint a board of expert advisors tasked with reflecting on the industry’s digital transformation and actively steering CargoAi in developing value-added solutions for the cargo community. It will meet quarterly, with the first remote meeting taking place in April.The Board is currently formed of ...
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Le Shuttle Freight was down 24% in February compared with the same month in 2020, at 99,787 trucks. The tunnel operator said the market still marked by the adjustments to new post-Brexit administrative rules, “but with a trend towards normalization”. The compulsory negative Covid test, for truck drivers entering France ...
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Deutsche Post DHL Group has announced a share buyback program of up to €1 billion. The company said its decision is in line with the group's corporate finance against the background of strong free cash flow generation and the positive further outlook.
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Concerns are mounting over the owner of a private UK port operator after its financial backer went into administration on 8 March. Specialist bank Greensill Capital was the main lender to Sanjeev Gupta, whose interests include Simec Ports, which owns and operates Bird Port on the river Usk near Newport ...
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Online order management platform One World Express has become an Authorised Economic Operator for Customs Simplification (AEOC). As an AEOC, One World Express is granted greater access to faster application process for customs clearance and guarantee waivers of deferment. The company will also benefit a lower risk score, which could ...
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