PAL seeks Chapter 11 protection 
On 3 September 2021, Philippine Airlines (PAL) announced its voluntary decision to undergo financial restructuring under the US Chapter 11 process. This step is part of a "set of major agreements" PAL has reached with substantially all of its stakeholders,... more
Building a bridgehead in Panama
A strategic acquisition: Emergent Cold Latin America (Emergent Latam), a temperature-controlled warehousing and logistics provider, is planning to take over the Galores Group in Panama. This is the company's second acquisition and its first investment in the Central America... more
Ten newbuilds for Canada
Fednav, a major dry bulk shipping group based in Canada, has ordered ten new ocean-going Lakers. The group signed respective agreements to build these vessels with Sumisho Marine and Oshima Shipbuilding in Japan. The first unit is expected to be delivered in mid-2023. Fednav... more
E-vehicles between Canada and USA
Bison Transport now deploys a full battery-electric class 8 tractor in its cross-border regional services between Canada and USA. Bison has partnered with Freightliner in running two full battery-electric vehicles exclusively between Delta BC (Canada) and Washington state (USA)... more
Dionne Redpath to be first COO
Europa Worldwide Group has appointed Dionne Redpath as its first chief operating officer. Sales director at Europa Worldwide Group since 2013, Redpath has spent her whole career in the logistics industry and has a broad range of experience from sales team management to contract... more
Kazakhstan orders two A400M
By placing an order for two A400M, the Republic of Kazakhstan will become the ninth country to operate this strategic transport aircraft after Germany, France, UK, Spain, Turkey, Belgium, Malaysia and Luxembourg. With delivery of the first unit scheduled in 2024, the... more
Denholm takes over
British business J. & J. Denholm acquired freight forwarding and logistics company John Good Logistics on 31 August 2021. Financial details were not disclosed. Good Logistics was part of the John Good Group, a sixth generation family business. The Denholm Logistics... more
One of the last great port entrepreneurs
Jürgen Gerhards Buss, the former owner of the Gerd Buss group of companies in Hamburg, passed away on 28 August 2021 at the age of 96. He is considered one of the most important, progressive and social entrepreneurs. With his positive and entrepreneurial attitude, he was... more
Egypt to electrify 660 km of its rail network
Siemens has signed a USD 4.8 billion contract with Egypt’s national authority for tunnels (NAT) to deliver a comprehensive rail system that will feature the first ever high-speed, electrified main and freight rail line which will transform transportation in Egypt. The... more
When major shippers change sides
Ikea has learned its lesson from the Ever Given blockade in the Suez canal this year. The Scandinavian home furnishing retailer has now entered the shipping business arena, confirming to the Swedish press that the company is chartering vessels and buying containers to avoid... more