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Chinese Shipping Line Receives Approval For Acquisition of Middle Harbor Operator

 Chinese Shipping Line Receives Approval For Acquisition of Middle Harbor Operator -Forwardernews

OOIL is the parent company to Orient Overseas Container Line, which currently operates Long Beach Container Terminal (LBCT) with a 40-year lease at the Port of Long Beach’s Middle Harbor. The acquisition approval is contingent on the company agreeing to divest LBCT to a “suitable, unrelated third party” that is acceptable to the U.S. government.

Industry View: Waste, Storage Space and the Hidden Extras

Industry View: Waste, Storage Space and the Hidden Extras-Forwardernews

That’s easier said than done, though, when you consider the time and money needed to activate a successful move with minimal problems along the way. If a business reaches up to 85% capacity at up to the same percentage of space utilization, you may be decrementing movement and storage efficiency.
Therefore, it’s important to avoid exacerbation of the issue. How can businesses be expected to maximize economic efficiency, however, if the solutions available are too difficult to choose, yet at the same time seem few and far between? The simple answer is environmental technology.

Airbus welcomes A220 series to the family

Airbus welcomes A220 series to the family-Forwardernews

The debut marks the formal transfer of the former Bombardier C-Series airliners to the Airbus inventory that will see the CS100 and the CS300 marketed as the Airbus A220-100 and A220-300.
The Airbus 220 series was acquired by the Airbus Group when it went into partnership with Bombardier Aerospace in October 2017. Airbus took a 51 percent share in the project and intends to expand production to 6,000 units over 20 years with the assembly in Quebec, Canada, and Mobile, Alabama. Now that regulatory approval has been secured, the airliners can be marketed under the Airbus name.

Frankfurt cargo decline in June, volumes static for first six months of 2018

Frankfurt cargo decline in June, volumes static for first six months of 2018-Forwardernews

Cargo was the only negative for Europe's largest airfreight hub, which recorded a 9.8% rise in passengers numbers to 6.4m in June.
The airport authority provided no commentary on the decline in June's cargo volumes.

Over 9,000 trips made via China-Europe trains

Over 9,000 trips made via China-Europe trains-Forwardernews

Since the services began in 2011, the trains have delivered 800,000 twenty-foot equivalent units (TEUs) of goods, connecting 48 Chinese cities with 42 European cities, according to CRC.
For more than 7 years, the services have been improving connectivity between Chinese and European cities, boosting economic and trade ties.
Zhang Wei, an engineer with China Railway Container Transport Corporation, said he has witnessed the development of the freight trains, with the number of trains departing from Southwest China's Chongqing municipality increasing steadily over the years.
"For me, the China-Europe freight train is like a kid. As it grows up gradually, I feel so proud," Zhang said.

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