Etihad Airways is on the verge of buying a 49 percent stake in Italy’s financially troubled national airline Alitalia in a move that would increase the Abu Dhabi-based carrier’s access to Europe’s second largest air freight market.
07 Apr 2014
U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009.
18 Feb 2014
U.S. containerized import volume rose 6.2 percent year-over-year in January 2014, according to advance figures from PIERS, the data division of JOC Group Inc. Imports totaled 1.58 million TEUs in January. January imports were up roughly 10 percent from containerized volume in December.
06 Feb 2014
Eurogate, Europe’s largest container stevedore, last year handled more than 14 million standard containers for the first time since the global recession in 2008, as a strong performance by its Mediterranean terminals outweighed a decline in its domestic German market.
27 Jan 2014
The Italian government approved plans to sell up to 40 percent of the state-owned postal company, Poste Italiane, as part of a broader privatization program.
13 Jan 2014
Contship Italia boosted traffic at its five Italian container terminals by almost one-fifth in 2013, despite a stagnating Italian economy, while its part-owned Moroccan terminal handled more than...
03 Jan 2014
Spain’s public works minister and the chairman of Spanish builder Sacyr will visit Panama this weekend to help resolve a $1.6 billion dispute that is threatening to...
17 Dec 2013
U.S. containerized exports jumped 9.1 percent year-over-year in October, to 1,070,902 20-foot-equivalent units, according to preliminary figures from PIERS, the Data Division of JOC Group. October containerized exports also rose 11.4 percent from September.
11 Nov 2013
In the last decade, Italy’s Port of Livorno has become increasingly reliant on roll-on, roll-off traffic, signifying a shift in the port’s long-term outlook.
05 Nov 2013
AirBridgeCargo Airlines has increased its flights from Milan and Paris to Moscow.
30 Oct 2013
Mediterranean Shipping Co. plans to expand its IPAK Service between India and Europe by adding a call at King Abdullah Port, Saudi Arabia’s new gateway hub.