Swedish cargo carrier West Atlantic posts $6m loss in 2015
It’s not been a great time for express supplier West Atlantic. A tragic crash in ...
Spain’s Lusat, which owns Swiftair and Aviation Leasing Services, has taken control of European regional air cargo carrier West Atlantic. An MoU signed yesterday will see West Atlantic refinanced and new shares issued in exchange for a €20m cash injection. Due to the possible departure of the UK from the EU on Friday, the agreement called for the shares to be issued before that. West Atlantic’s chief executive, Lars Jordahn, said he was “delighted to welcome” Lusat as the company’s ...
MSC port arm to buy Hutchison ports including Panama and Felixstowe
'Think again' call – China ship fee would double US export costs
Latest strike will cause ‘massive' disruption at German airports
Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
K+N 'still number-one' in air and ocean – but it's not all good news
US Chinese ship penalties will hit transatlantic trade hardest – Soren Toft
Congestion at Asian and European ports keeping charter rates firm
Comment on this article