While the COVID-19 pandemic forced the suspension of scheduled flight operations, it provided an elixir to cargo freighting, which became a lifeline to many airlines. In Africa, airlines like Kenya Airways and Ethiopian Airlines leveraged on cargo freighting to keep some of their aircraft in the air and earned revenues that
Logistics
‘Containergeddon’: Supply crisis drives Walmart and rivals to hire their own ships
FILE PHOTO: The congested Port of Los Angeles is shown in San Pedro, California, U.S., September 29, 2021. REUTERS/Mike Blake REUTERS Big U.S. retailers charter vessels amid supply crunchDozens of container ships stuck at U.S. West Coast portsCompanies reliant on Asia supplies face tough holiday seasonShipping operators can cash in on
Air Peace to Resume its Lagos-Johannesburg Flight Operations
Air Peace 777-300 aircraft captured on take off on a local flight Nigerian major airliner, Air Peace, has announced that the resumption of its flights from Lagos, Nigeria to Johannesburg, South Africa, will take place on October 17, 2021. The spokesperson of the airline, Stanley Olisa, who disclosed this to journalists, stated
Diesel price jumps to N320/litre in Nigeria, job losses loom
Nigerian Senate moves to stop processing delay and illegal charges on cargo transport
The Senate, Nigeria's upper legislature, has commenced moves to stop processing delay and illegal charges on cargo transport by freight agents in Nigeria. The decision to end multiple charges on cargo processing and transport was reached by the upper chamber in a resolution following consideration of a motion during plenary on
New Supersonic Airliner to Fly From NYC to London in Less Than an Hour
Supersonic planes will change travel forever A new supersonic commercial airliner was announced on Monday, one that its designer and manufacturer says will reach speeds of Mach 4-plus. Aerion said the AS3 will make its first flight before the end of the decade, with the ability to fly up to 500 passengers for
Petrol usage in Nigeria hits 72.72m litres daily
Vehicles queuing for petrol during a period of scarcity Petrol usage jumped from 57.44 million litres in November to 72.72m in DecIndependent marketers berate security agencies, say fuel trucks not needle Petrol supply by the Nigerian National Petroleum Corporation hit a high of 72.72 million litres daily in December amid the smuggling
Traffic in Suez Canal resumes after stranded ship refloated
ISMAILIA, Egypt (Reuters) - Shipping was on the move again late on Monday in Egypt’s Suez Canal after tugs refloated a giant container ship which had been blocking the channel for almost a week, causing a huge build-up of vessels around the waterway. With the 400-metre-long (430-yard) Ever Given dislodged, 113
FedEx to expand international air offerings next quarter
FedEx Freight Company to beef up Europe-to-US priority service, launch intercontinental network geared to e-commerce users FedEx Corp. has announced that it will roll out two intercontinental delivery products within the next couple of months as it looks to beef up its lagging global e-commerce operations and capitalize on the continued tightness
16 Vehicles Most Likely To Run For Over 200,000 Miles (322 km)
2014-toyota-tundra-front-view Whether you intend to drive a vehicle for five years or fifteen, its durability matters. After all, the average new model costs an average of more than $41,000 these days, and even used cars can represent significant automotive investments. The Toyota Land Cruiser is the vehicle that's most likely to exceed