Vietjet prepares for more cargo volumes 
Vietjet reports consolidated revenue of VND 12,875 billion (approx. USD555 million) for 2021, with an after-tax profit of VND 80 billion. The privately held carrier, which will pay a 20% stock dividend, has bounced back and expanded its flight network (76 aircraft flying to 44... more
Panasonic's contract in the French market
Following a trial run, Panasonic has now contracted Gefco as its exclusive service provider in France. For the client's consumer goods division, Gefco coordinates, from its storage platform in the greater Paris area, the supply of resellers, specialised stores, large retail... more
Kale achieves milestone at Air Cargo India 2022
Kale Logistics Solutions (Kale), an IT partner to the global logistics industry, has signed an agreement with its one hundredth airport cargo station, GMR Cargo Hyderabad International Airport (GHIAL), delegates heard at the provider’s media briefing at the Air Cargo India 2022... more
Etihad Cargo welcomes Caroline Pappas
Etihad Aviation Group’s cargo and logistics arm Etihad Cargo has appointed Caroline Pappas as general manager – Americas. Based in Chicago, she will report directly to Mark Faulkner, Etihad Cargo's director – cargo commercial West. Pappas will be responsible for establishing... more
ASL expands its assets
The Hong Kong-based carrier Asean Seas Line (ASL), founded in 2011, is planning to expand its fleet. Four newbuilds with a capacity of 1,100 teu each will be launched at China State Shipbuilding Corp's leasing unit, CSSC Shipping. CA Shipping, the Hong Kong-incorporated... more
CSX extends network in New England
CSX has completed the acquisition of Pan Am Railways. The takeover will expand the US class I railway’s reach into the rapidly growing Northeast region of the country. The completion of this transaction comes six weeks after CSX received regulatory approval. The terms of the... more
Financial partnerships for fleet expansion
Columbia Finance Solutions, the financing arm of the Columbia Group, has taken a stake in Ahorn Capital, a Hamburg-based platform for institutional and professional investors. The partnership will widen the range of financing options for clients' fleet expansions and... more
Alha starts consolidation at new Truccazzano site
Italian air cargo services provider Alha Group has transferred all operations of the Pioltello station in the eastern suburbs of Milan to the new warehouse in Truccazzano. Since yesterday, 6 June 2022, all former Pioltello activities are now processed in Truccazzano, with the... more
UK P&I Club picks William Beveridge
The UK P&I Club, which specialises in P&I insurance and other services for the international shipping community, has appointed William Beveridge as its new chief underwriting officer. Currently, Beveridge is CUO at Newline Underwriting, the international insurance... more
Girteka going super-green
Lithuania-based road specialist Girteka Logistics has chosen a brand-new design to illustrate its ongoing transformation. The group is a major carrier in Europe, transporting more than 960,000 full loads of cargo with almost 9,000 own trucks per year. Edvardas Liachovičius,... more