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OOIL Positive About COSCO Deal

OOIL Positive About COSCO Deal-Forwardernews

OOIL owns one of the world’s largest international integrated container transport businesses, which trades under the name OOCL. As at June 30, 2018, the Group had total liquid assets amounting $2.2 billion and total indebtedness of $4.2 billion. 
On July 13, a joint offer made by COSCO Shipping and Shanghai International Port to acquire all the shares of OOIL achieved the necessary level of shareholder acceptance to become unconditional.

How Technology is Key to Logistics Management

How Technology is Key to Logistics Management-Forwardernews

Q: What devices do you use daily? 

A: Ryan's team of nearly 125 employees rely on technology because of the data-driven nature of their business.
Ryan says, "The devices we use must be capable of handling the data demands, but, moreover, they must be fast and flexible." To meet this demand, Circle 8 Logistics team members use desktop and laptop computers, iPads and smartphones with connectivity to cloud-based applications from almost anywhere.

Q: What technology do you use to get ahead of your competition? 

European Freight Management System Market Analysis & Forecasts 2018-2024

European Freight Management System Market Analysis & Forecasts 2018-2024-Forwardernews

The Europe Freight Management System Market size is expected to grow at a market growth of 11.7% CAGR during the forecast period.

Hi Fly A380 To Be Leased By Air Austral A380

Hi Fly A380 To Be Leased By Air Austral A380-Forwardernews

Hi Fly is a charter airline based in Lisbon, Portugal and they lease out aircraft on medium to long-term leases to airlines who need the aircraft, tour operators, governments, companies, and individuals. In the summer of 2017 Hi Fly became the first ever airline to order two A380’s second hand. These A380’s were bought by Singapore Airlines. The first of their two A380 aircraft was delivered in July 2018.
Hi Fly also operates 1 A321-200, 4 A330-200’s (with one more on order), 2 A340-300’s, 2 a340 500’s and they have 10 A330-900neo’s on order.

USA Truck rolls to 2Q profit

USA Truck rolls to 2Q profit-Forwardernews

The Van Buren trucking company's earnings per share were 31 cents for the quarter that ended June 30 compared with a 35-cent loss per share for the same quarter in 2017.
Total revenue for the period, including fuel surcharges, increased to $135.4 million compared with $107.4 million posted for the year-ago period. Excluding fuel surcharges, the company had revenue of $119.1 million for fiscal 2018's second quarter.
In Thursday's earnings report, James Reed, USA Truck's president and chief executive officer, said the company delivered solid results for its fourth-consecutive quarter and attributed the progress to "our most critical metric, revenue per truck per week."

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