“Curiosity of the Day”
Apple co-founder Steve Jobs (1955–2011) resigned from Apple in 1985, founded NeXT, and then returned to Apple in 1997 when Apple bought NeXT for USD 427 million. more
Third Chicago airport welcomes UPS
Earlier this week, global transportation and logistics services provider UPS began "next day air service" operations at Gary / Chicago International Airport (GCIA). The start of daily flights fulfils its commitment to begin cargo operations to the region's third... more
Pall-Ex prepares for high season
The palletised freight distribution network Pall-Ex is increasing its East Midlands hub capacity. The logistics group has opened a new 7,000 sqm facility at Watling Park, Northamptonshire, as it handles an additional 3,000 pallets per night, compared to 2019 freight volumes.... more
Kim Kuesel joins Navis
Navis, an American technology and services provider for the global shipping industry, has appointed seasoned technology and supply chain executive Kim Kuesel as vice president and general manager of the company’s Americas division. With over 20 years of supply chain... more
Krems with wind under its wings
Total throughput in the port of Krems an der Donau remained stable at around 1.1 million t from January to September 2020 (-0.5% compared to the previous year). River-based throughput increased by 30% to 416,000 t, which includes 200,000 t of bulk solids that are temporarily... more
First double-trailer trucks in Abu Dhabi
Agility is the first logistics company in Abu Dhabi (UAE) to operate double-trailer trucks. The haulier has an extensive fleet of trailers of which about 50 are now double trailers. These vehicles significantly reduce the number of trips required to haul cargo and help minimise... more
IAG Cargo joins Iata Net Rates platform
The cargo division of International Airlines Group partners with "Iata Net Rates", the air cargo rates distribution platform of the International Air Transport Association, to offer an additional platform which customers can use to do business with IAG Cargo.... more
Green light to upgrade Basel's rail access to NRLA
Efforts to improve the rail link between Karlsuhe and Basel and build a quadruple-track railway are making progress. Several sections have already been completed. Now Switzerland has awarded the construction permit for the southernmost part of the route: the 3.1 km CHF 260... more
The mega trip reborn
Chinese carrier Cosco Shipping has placed orders for seven new container vessels with a capacity of 23,000 teu each. The overall investment is estimated at USD 1.1 billion. Cosco's affiliate Orient Overseas International inked the respective agreements to build the ultra... more
ESR's latest facility investment
Hong Kong-based ESR Cayman, a major Apac-focused logistics real estate platform, has closed a new facility agreement. The investment amounts to about JPY 15 billion (USD 143 million) for a three-year unsecured term loan facility with an upsize option to JPY 20 billion in the... more