Transport and Logistics Network
The Luxembourg-based cargo airline earned $1.6 billion in profit in 2022, a 22% increase over the previous year.
On the operational level, however, the year was challenging due to the war in Ukraine and the Covid-19 restrictions in China.
Cargolux plan…
Although COVID-19 is primarily a health crisis, its effects also extend to social and economic aspects of countries. For example, after pandemic-induced measures were imposed globally to contain transmission of the pandemic, trade collapsed, and demand…
OMAHA, Neb. (AP) — Norfolk Southern expects February’s fiery Ohio derailment to cost it $387 million, but that total will likely increase over time and that doesn’t reflect how much the railroad’s insurance companies will eventually cover.
The railro…
Discussions in the palm oil freight market – particularly on long-haul routes – have been quiet in terms of…
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By Angelo Mathais, India correspondent[1]
26/04/2023
Global supply chains – already roiled by the Russia/Ukraine crisis – are facing a new bout of disruption in Sudan, with escalating violence and political unrest.
Concerned over operational…