Plan B for "Ever Forward"
Since the “Ever Forward” ran aground after the ship left Baltimore on 13 March 2022, the Evergreen Line is continuing its efforts to refloat the stranded ship. In light of the increasing costs arising from these efforts, Evergreen declared general average on 31 March 2022. ... plus
Canadian container terminal changes hands
PSA International has acquired the terminal Ceres Halifax in the Port of Halifax from NYK. From now on, PSA Halifax will operate two container terminals in Halifax, Atlantic Hub and Fairview Cove, jointly branded under PSA Halifax. The Atlantic Hub terminal is located at the... plus
Nordic Transport Group buys US player
The Nordic Transport Group (NTG), founded in Denmark in 2011, is acquiring US-based Aries Global Logistics. AGL is an international air and ocean freight forwarder founded in 1985. This is the group’s largest deal so far, after it bought the Swiss Group Gondrand in 2018, amongst... plus
Tony Mathews joins Dronamics
Dronamics has appointed aviation expert Tony Mathews as strategic advisor. With more than 45 years in the aviation industry, Mathews brings a wealth of regulatory and regional economic expertise, most recently having led the civil aviation safety authority in Australia as... plus
Latam Cargo's second 767BCF
Latam received the second of ten 767 Boeing converted to freighter (BCF) cargo planes contemplated in its cargo fleet growth plan, announced in 2021. With this, it has increased its offer for this type of transport by nearly 10%, reduced the average age of its aircraft, and... plus
Changes at the helm of Fedex Corp
Frederick W. Smith (left), chairman and CEO, will become executive chairman, and Raj Subramaniam (right), president and COO, will be promoted to president and CEO of Fedex Corporation. In addition, R. Brad Martin, chair of the board’s audit committee, is now non-executive... plus
US class I railway launches domestic service
With the growth of its direct-rail intermodal service connecting Southern California with key markets in the Midwest, Burlington Santa Fe Railway (BNSF) is expanding its services between Los Angeles, CA and St. Louis, MO. The upgrade increases the market reach, frequency and... plus
Supporting B737 P2F conversions at Gatwick
In late April 2022, JMC Group is beginning a two-year programme to support Boeing at its MRO facility at London Gatwick airport. The British aviation and aerospace engineering company will partner with Boeing on B737 passenger to freighter conversions. A new dedicated... plus
Aeroterm gets two warehouses near YUL
Aeroterm, which owns and develops on-airport cargo facilities, has acquired two airport adjacent warehouses located at 1790–1820 Saint-François and 2600–2650 André in Dorval, Québec. Located less than 10 minutes from the Montréal-Trudeau International Airport and offering a... plus
Alaska Air Cargo: two more 737 cargo freighters
Alaska Air Cargo is adding two Boeing 737-800 aircraft to its dedicated freighter fleet serving the state of Alaska. These additions will increase the freighter fleet from three to five aircraft. “Fleet expansion positions our growing cargo business to meet rising demand... plus