New CCO at GATX Rail Europe 
GATX Rail Europe, headquartered in Vienna, Austria, the European branch of an USA-based leasing company for rail vehicles, has appointed Jörg Nowaczyk as new CCO, effective 1 July 2021. He will report directly to current CEO Johann Feindert. Nowaczyk brings rail logistics... more
Sale-lease-back for two Air France B777F
Funds managed by affiliates of Apollo Global Management and Merx Aviation, a global aircraft leasing, management and finance company, have completed a sale and leaseback transaction with Air France which comprises two B777F. The aircraft, manufactured in 2009, were acquired... more
More A330 freighters for Mexican carrier
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, has reached an agreement with Mexico-based Mas Air Cargo Airline for the lease of two A330-300 passenger-to-freighter (P2F) aircraft, marking the lessor’s first-ever lease transaction with... more
Rock-it Cargo targets Saudi Arabia
Los Angeles-headquartered Rock-it Cargo (Rock-it), an event logistics firm, and Jeddah-based Sela Sport Company (Sela) have teamed up to form a global partnership to tackle the entertainment market in and around Saudi Arabia. The partnership brings together combined... more
First AEI B767-800SF operated in Europe
Miami-based aircraft conversion provider Aeronautical Engineers has redelivered Cargo Air’s first B737-800SF freighter. The aircraft of the Bulgarian customer also represents the first AEI B737-800SF freighter conversion to be operated in Europe. It offers a main deck... more
Central American Express launched
Having introduced its first service linking the US Gulf Coast with Brazil and other parts of South America in March 2020, the Chinese shipping company Cosco now adds a new route from the United States to Central America - in a joint operation. Cosco will run its new Gulf... more
Airport east of L.A. less happy with cargo
While passenger volume increased more than 900% at Ontario International Airport (ONT) in April 2021 compared to April last year, the first full month when operations at US airports were virtually shut down by the Covid-19 pandemic, air freight (70,422 t), which has been... more
Peli Bio Thermal's expansion continues
Peli Bio Thermal, a division of Peli Products that provides temperature controlled packaging solutions, has appointed Dominic Hyde as vice president of global services. Hyde: “Our ambitious plans include achieving a greater global presence with continued substantial... more
Beyond the peak of container flows?
For the first time in around a year, the months-long catch-up process in global trade is likely to be interrupted in May. The Kiel Trade Indicator, Germany, signals stagnation or a decline in imports and exports. For total world trade a slight decline of 1.4% is expected in... more
Historian to lead GXO's future strategy
Angus Tweedie has been appointed to the leadership team of GXO Logistics, the intended spin-off of XPO’s logistics business. Tweedie will join XPO later this month and become SVP, strategy for GXO when the planned spin-off is complete. Working with Mark Manduca, appointed... more