New York money for Texan freight forwarder 
ATL Partners, an equity firm based in New York City, recently launched a funding round of about USD 300 million to invest in Austin (TX)-headquartered Arrive Logistics. The relatively young logistics firm, which was founded in 2014 and also runs an office in Chicago,... more
On infrastructure in Wilhelmshaven
In the port of Wilhelmshaven, Germany, state-owned port company Niedersachsen Ports is planning to spend EUR 8.9 million on refurbishing port infrastructure, significantly more than the EUR 3.9 million earmarked for the construction of new facilities in the state-owned areas of... more
Qatar Airways Cargo deploys emergency convoy
Today, 3 May 2021, 300 t of aid from around the world are consolidated and transported in a three-flight cargo aircraft convoy from Doha directly to destinations in India where it is most needed. As part of the "WeQare" initiative, Qatar Airways is supporting... more
Kate Kim to rule P&I Britannia in Korea
Britannia P&I has appointed Kate Kim as B Korea’s general manager, where her key focus will be to build and further strengthen member relationships. She will be joining a few months after B Korea was formally launched as Britannia P&I’s exclusive correspondent in the... more
ZIM pays back early
Haifa-based carrier ZIM Integrated Shipping Services is paying dues back earlier than planned, on account of its good results in 2020. The shipping company said that it intends to perform a mandatory excess cash redemption of 100% of its series 1 and 100% of series 2 unsecured... more
JV cargo operations in Baghdad
Masil, a joint venture of Menzies Aviation with Iraqi Airways, Air BP Limited and Al Burhan Group, has commenced cargo operations at Baghdad International Airport, with the launch of its "Cargo Go Live" initiative and manifesto for creating a world-class cargo terminal... more
No surprises for UPS in first quarter
UPS reports consolidated revenue of USD 22.9 billion in the first quarter of 2021. This is a significant rise of 27% compared to Q1/2020. Consolidated average daily business volume grew 14.3% year-on-year. Consolidated operating profit clocked in at USD 2.8 billion, showing... more
Aden moves to Harren & Partner
Nils Aden is joining Harren & Partner’s management team as managing director. The German shipping and logistics group has expanded its services over recent years, growing its global presence with the acquisition of SAL Heavy Lift and its cooperation with Bremer... more
Border restrictions cause chaos
In response to a new surge of Covid-19 infections in Latin America, governments have implemented a patchwork of uncoordinated measures with a disastrous impact on the trucking industry, endangering the supply chains that it underpins. Argentina and Chile have announced a... more
Crystal Pool to digitalise safety
Italian Ship Management Company Crystal Pool, which is part of the Rimorchiatori Riuniti Group, has chosen the Info Ship Quality Management solution to digitalise and standardise procedures and guidelines to act in an emergency and to report accidents or any other form of... more