Latest news with #cargo
Khaleej Times
5 hours ago
- Business
- Khaleej Times
'Goal to lead world trade': Dubai Ruler approves Mina Al Hamriya port expansion
Dubai Ruler approved a major project at Mina Al Hamriya to expand the port. This involves the construction of a 700-metre quay with a 12-metre draft, designed to accommodate larger vessels and expand the port's cargo-handling capability. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said: 'We want Dubai to be the first choice for traders, the trusted route for commerce, and the most dynamic hub in the world's supply chains".
Reuters
3 days ago
- Business
- Reuters
US threatens Mexican flights over cargo, competition issues
WASHINGTON/MEXICO CITY, July 19 (Reuters) - The Trump administration said on Saturday it will take action against Mexico after the Mexican government cut flight slots and forced cargo carriers to relocate operations in Mexico City, affecting U.S. airlines. U.S. Transportation Secretary Sean Duffy said in a statement the department could disapprove flight requests from Mexico if the government fails to address U.S. concerns over decisions made in 2022 and 2023. The Department of Transportation is also proposing to withdraw antitrust immunity from Delta Air Lines' (DAL.N), opens new tab joint venture with Aeromexico to address competitive issues. Mexico is the most popular international destination for U.S. airline travelers. Delta said if the DOT withdraws approval, it "would cause significant harm to consumers traveling between the U.S. and Mexico, as well as U.S. jobs, communities, and transborder competition." Aeromexico said it was preparing a joint response to the order, which it plans to issue in the coming days. The DOT alleges Mexico has violated a bilateral air agreement by slashing slots for passenger flights and forcing all-cargo carriers to relocate operations. Then-President Andres Manuel Lopez Obrador defended the decisions, arguing that the capital's main airport was too crowded and that the new, farther-away Felipe Angeles International Airport (AIFA) could handle the extra traffic. Officials are rushing to renovate the aging Benito Juarez International Airport (MEX) ahead of next year's World Cup, for which Mexico is a host country. "By restricting slots and mandating that all-cargo operations move out of MEX, Mexico has broken its promise, disrupted the market, and left American businesses holding the bag for millions in increased costs," the DOT said. The AIFA is already at full capacity for cargo handling and needs to be expanded. For passenger flights, it lags far behind MEX as transportation to and from the city remains spotty. "The move not only disrupted critical air cargo operations and set a dangerous precedent for how all-cargo carriers may be treated in global markets, it also created uncertainty about how potential safety emergencies could be handled," said the Cargo Airline Association, which represents major U.S cargo carriers. Mexico's Transportation Ministry did not immediately respond to a request for comment. The DOT issued orders requiring Mexican airlines to file schedules with the department for all their U.S. operations by a late-July deadline while requiring prior U.S. approval for large charter flights to or from the United States. Airlines set to be affected by the measures, including Volaris ( opens new tab and Viva Aerobus, did not immediately respond to requests for comment. If the U.S. rescinds antitrust approval for Delta and Aeromexico, they would be required to end their cooperation on pricing, capacity, and revenue sharing. Delta would be able to retain its equity stake in Aeromexico and continue other aspects of its partnership. The DOT also said it could take action against European countries over limitations at airports.
Yahoo
3 days ago
- Business
- Yahoo
US threatens Mexican airline flights over airline competition issues
By David Shepardson WASHINGTON (Reuters) -The Trump administration said Saturday it is taking a series of actions against Mexico over the Mexican government's decisions to rescind some flight slots for U.S. carriers and force U.S. cargo carriers to relocate operations in Mexico City. U.S. Transportation Secretary Sean Duffy said in a statement the department could disapprove flight requests from Mexico if the government fails to address U.S. concerns over decisions made in 2022 and 2023. The department is also proposing to withdraw antitrust immunity from the Delta Air Lines joint venture with Aeromexico to address competitive issues in the market. Mexico is the most popular international destination among U.S. airline travelers. Delta was not immediately available for comment. The Transportation Department said Mexico has not been in compliance with a bilateral air agreement since 2022 when it abruptly rescinded slots and then forced U.S. all-cargo carriers to relocate operations in 2023. Reuters has sought comment from Mexico's transport ministry on the orders. Duffy said Mexico was expected to allow construction to alleviate congestion at Mexico City's Benito Juarez International Airport (MEX), but that has yet to materialize three years later. "By restricting slots and mandating that all-cargo operations move out of MEX, Mexico has broken its promise, disrupted the market, and left American businesses holding the bag for millions in increased costs," the department said. The Transportation Department issued a pair of orders requiring Mexican airlines to file schedules with the department for all their U.S. operations and requiring prior U.S. approval before operating any large passenger or cargo aircraft charter flights to or from the United States. "Mexico has altered the playing field significantly for airlines in ways that reduce competition and allow predominant competitors to gain an unfair advantage in the U.S.-Mexico market," the department said. "Mexico's actions harm airlines seeking to enter the market, existing competitor airlines, consumers of air travel and products relying on time-sensitive air cargo shipments traded between the two countries, and other stakeholders in the American economy.' If the U.S. rescinds antitrust approval for Delta and Aeromexico, they would be required to discontinue cooperation on common pricing, capacity management, and revenue sharing, but Delta would also be able to retain its equity stake in Aeromexico, maintain all of its existing flying in the U.S.-Mexico market unimpeded and continue a partnership. Solve the daily Crossword
Zawya
5 days ago
- Business
- Zawya
Northern Corridor states pressure Kenya, Uganda to expedite railway
The Northern Corridor states have endorsed the annual plan along with a $4.5 million budget aimed at accelerating railway-related projects across the region. The countries which mainly use the Port of Mombasa and the Northern Corridor to import or export goods emphasised the need to speed up railway connectivity as alternative to road transport due to increasing cargo volumes. The ministers responsible for transport in Kenya, Uganda, DR Congo, Burundi, Rwanda, and South Sudan said the cost of road repairs were too high. A recent study by the East African Business Council found that transporters pay $1.8 per kilometre on every container of cargo on the corridor, nearly twice the international average. The countries also spend about $2,160 per kilometre on road repairs every year, higher than the average estimate. They agreed to address non-physical barriers by harmonising customs procedures, reducing paperwork, and amending their trade regulations. Kenya and Uganda have kicked off their railway projects, with Kenya planning to continue the standard gauge railway from Naivasha in central Rift to Malaba on the border with Uganda and Kampala launching the construction of its phase from Kampala to Malaba. Once each side completes its stretch, the line will connect the Port of Mombasa to Kampala. Benon Kajuna, Uganda Railway Corporation managing director who represented Works minister Katumba Wamala, said Kampala was pursuing a phased implementation.'The contractor (Turkish firm Yapi Merkezi) commenced work in April 2025 under limited notice to proceed with preliminary activities such as geophysical surveys, soil testing, water surveys. Feasibility studies and Environmental and Social Impact Assessment (ESIA) study were updated. Sourcing external financing is ongoing and is expected to be concluded by December 2025,' he said. Uganda is also rehabilitating its metre gauge railway from Malaba to Gulu, meant to serve the northern part of Uganda, South Sudan, and part of DRC. Mr Chirchir said individuals affected by the project, which will run through Narok, Bomet, Nyamira, Kisumu and finally Busia counties, would be compensated. Feasibility and ESIA studies have so far been completed, and Chirchir said Kenya intends to move the project concurrently with Uganda's. The 475-kilometre phase 2B (Naivasha-Kisumu) and 2C (Kisumu-Malaba) is estimated to cost about $5 billion.'We are currently doing the compensation of the people on the corridor. We are basically working together in a synchronised manner. If we unlock funding today, we could be breaking ground in the next few months ahead of our colleagues, but not so much to say we are competing, we must be synced,' said Mr Chirchir. Uganda is doing an electric SGR line between Kampala and Malaba and later towards the border with Rwanda. DR Congo has also committed to develop an SGR line, which will see a seamless rail transport from the Port of Mombasa to the hinterland, as part of a regional plan to enhance trade and movement of people. The SGR will compliment road, ports and lake transport along the 1,700km Northern Corridor that runs from Kenya through Uganda to Rwanda, Burundi and eastern DRC. The two Northern countries have had to move with speed, especially after Tanzania started to upgrade its Central Corridor by building an SGR line to complement the road running some 1,300 kilometres from Dar es Salaam to Rwanda, Burundi, Uganda and eastern DRC. Dr Lam Akol Ajawin, South Sudan Minister for Transport, said there was also a need to address insecurity, noting that transportation of goods in the region has often been hampered by the poor state of roads, roadblocks and insecurity.'We are determined to create an enabling environment that supports the entire transport infrastructure of the Corridor. I urge all of us to work hand-in-hand and within our mandate to holistically mitigate safety and security issues thus enabling seamless movement of cargo and persons along the Northern Corridor,' said Dr Lam. During the 37th meeting of the Northern Corridor Council of Ministers in Nairobi, Uganda handed over the chair to Marie Chantal Nijimbere, Minister for Trade, Transport, Industry and Tourism of Burundi. She will be in charge for the next two years. © Copyright 2022 Nation Media Group. All Rights Reserved. Provided by SyndiGate Media Inc. (
Bloomberg
5 days ago
- Business
- Bloomberg
How the Port of Long Beach Plans to Finally Overtake Rival LA
Standing on the docks overlooking San Pedro Bay in Southern California, it's hard for an outsider to tell where the Port of Long Beach ends and the Port of Los Angeles begins. But the cargo gateways that make up the Western Hemisphere's largest maritime hub are distinct. LA has long enjoyed the title of the country's busiest seaport, with Long Beach almost always in second place.
