Massive Port of Hamburg Warehouse Fire Extinguished After Explosions

Port of Hamburg Fire Extinguished After Explosions Force Highway Closure Hamburg, Germany — Authorities confirmed on Tuesday afternoon that the massive fire which broke out at the Port of Hamburg on Monday has been fully extinguished, following a large-scale emergency response. The blaze began on August 25 inside a warehouse on Müggenburger Straße in the Veddel district after a vehicle caught fire. While speculation continues over whether an electric vehicle

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One Air Expands Cargo Fleet with First Boeing 777 Freighter Delivery

UK’s One Air Adds First Boeing 777 Freighter to Boost Asia and Middle East Cargo Operations British cargo airline One Air has taken delivery of its first Boeing 777 Freighter at Boeing’s Everett facility in the United States, marking a major milestone in its fleet expansion and strengthening its long-haul cargo operations. A subsidiary of AIR ONE International Holdings, One Air operates out of London Heathrow (LHR) and currently serves

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Global Air Cargo Demand Rises 5.5% in July Despite U.S. Trade Policy Uncertainty

IATA Reports 5.5% Growth in Global Air Cargo Demand for July 2025 Global air cargo demand increased by 5.5% in July 2025, according to the latest figures from the International Air Transport Association (IATA), marking a strong month for the sector despite growing uncertainty over U.S. trade policy. Total demand, measured in cargo tonne-kilometres (CTKs), rose 5.5% compared to July 2024, while available capacity increased 3.9%. IATA Director General Willie

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Transnet Narrows Annual Loss to R1.9 Billion as Rail Volumes Improve

Transnet Cuts Losses to R1.9 Billion on Higher Rail Volumes and Revenue Growth State-owned logistics giant Transnet has reported a significantly reduced loss of R1.9 billion for the financial year ending March 2025, compared to a R7.3 billion loss in the previous year. The debt-laden group has long battled to provide reliable freight rail and port services, hampered by equipment shortages and a backlog of critical maintenance. These shortcomings have

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Transnet Moves to Open Rail Network as Private Operators Prepare to Join

Transnet Opens Rail Network: LeaseCo Plan to Fast-Track Private Train Operators in South Africa Transnet CEO Michelle Phillips says negotiations are advancing with the first 11 private train operating companies (TOCs) approved to access the state-owned rail network. However, the companies have indicated it could take 12 to 36 months before operations begin. Speaking at Transnet’s 2024/25 results presentation, Phillips said access to rolling stock remains a key barrier for

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Mozambique Creates State-Owned Consortium to Rescue National Airline LAM

Mozambique Sets Up Special-Purpose Vehicle for $130M Rescue of National Airline LAM Mozambique will establish a special-purpose vehicle (SPV) to enable a consortium of state-owned companies to acquire shares in its struggling flag carrier, Linhas Aéreas de Moçambique (LAM), the cabinet announced in a statement. The new entity will be jointly owned by hydropower producer Hidroeléctrica de Cahora Bassa, railway operator Caminhos de Ferro de Moçambique, and insurer Empresa Moçambicana

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US Threatens Trade Penalties Over UN-Backed Shipping Emissions Deal

US Warns of Tariffs and Port Levies Against Nations Backing UN Shipping Emissions Pact The United States has warned countries to reject a United Nations-backed agreement to cut marine fuel emissions, threatening to impose tariffs, visa restrictions, and port levies on those who support the accord, according to US and European officials. The Trump administration, which has frequently used tariffs as leverage in trade disputes, is seeking to expand Washington’s

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South Africa’s Mining Logistics Reform Gains Momentum with Private Sector Involvement

South Africa Mining Logistics: Private Train Operators Boost Rail Capacity and Reduce Export Bottlenecks South Africa’s mining logistics reforms are “moving in the right direction,” according to Minerals Council South Africa CEO Mzila Mthenjane, who emphasized that collaboration between the government and private sector is starting to yield tangible results, albeit at a slower pace than some stakeholders would prefer. Speaking at the Africa Down Under conference in Perth on

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South African Exporters Stay Resilient Amid Rising US Tariffs

South African Exporters Defy Rising US Tariffs, Maintain Shipments Despite Uncertainty Over Trump-Era Duties South African exporters to the United States are pressing ahead with shipments despite a 30% increase in duties since August 7, showing resilience in the face of tariff uncertainty and shifting trade policy. The development comes as the US Federal Appeals Court ruled last weekend that former President Donald Trump exceeded his authority by using emergency

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South Africa Opens Rail to Private Operators

Private Train Operators Approved on 41 Routes: Rail Reform Set to Boost Jobs, Exports, and Efficiency The Department of Transport’s decision to grant 11 private train operators access to 41 rail routes is expected to strengthen competition, safeguard jobs, and revive South Africa’s struggling freight logistics system, according to Business Unity South Africa (Busa). Transport Minister Barbara Creecy announced the milestone last Friday, calling it a critical step in the

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