Descartes working on a restructuring plan 
Descartes has announced its financial results for its fiscal 2021 second quarter, reporting revenues of USD 84 million, up 4% from USD 80.5 million in the second quarter of fiscal 2020 and up from USD 83.7 million in the previous quarter. The company also recorded a net... mehr
Amazon diversifies its fleet policy
Air Transport Services Group (ATSG) will operate six more B767 freighters on behalf of Amazon Air under an existing CMI agreement with its subsidiary Airborne Global Solutions. This commitment applies to the first six of the 12 B767F that Amazon agreed in May to lease from... mehr
Re-setting the sails
After 88 years, the historic four-masted barque "Peking" has returned to its home port Hamburg. The vessel, launched in 1911, is one of the so-called "Flying P-Liners" mainly used in the saltpetre trade with South America, making 34 trips around the legendary... mehr
One world, "ONE Source"
"With over 3,500 differently sized cargo handling facilities worldwide, the industry until now has lacked visibility on the capacities and services these facilities can offer. The need for greater transparency is even more critical in the current context," said Glyn... mehr
Four shortlines change hands
Midwest & Bluegrass Rail (MBRAIL) in the USA has finalised the purchase of Camp Chase Railway (CAMY), Chesapeake and Indiana Railroad (CKIN), Vermilion Valley Railroad (VVRR) and Youngstown and Southeastern Railroad (YSRR) from Indiana Boxcar. The four shortlines serve... mehr
XPO finds president for last mile business unit
XPO Logistics has appointed Erik Caldwell as president of its last mile business unit with P&L responsibility for XPO’s last mile operations in USA and Canada. The unit manages more than 10 million home deliveries and installations of big and bulky products annually,... mehr
Ceva opens offices in Ecuador and Uruguay
As part of its strategic expansion across the Latin American markets, Ceva Logistics has officially opened its own offices in Ecuador and Uruguay. Air, ocean and ground operations will be headquartered in Ecuador’s second city, Guayaquil, and multi-modal operations have been... mehr
Nanjing from today but deceleration in October
Finnair has received permission from Chinese authorities to operate one weekly flight between Helsinki and Nanjing as of today, 11 September 2020. The route will be operated with A350 until 18 October, supporting cargo and passenger travel demand between Europe and China.... mehr
IAG starts Barcelona - New York service
Today, 11 September 2020, IAG Cargo is resuming the Barcelona - New York route for cargo, in partnership with Iberia's long-haul low-cost subsidiary Level. There will be a weekly A330-200 rotation, providing an important trade and passenger connection between the Americas... mehr
Analysing ship engines digitally
ABB Turbocharging and Kongsberg Digital have signed a cooperation agreement on data collection and ship engine performance analysis. The companies will work towards a common data infrastructure and accelerate the development of value-added digital applications and services.... mehr