More capital for Prologis
Over the year 2020, the San Francisco-based real estate developer Prologis completed USD 25.0 billion of investment activity on an owned and managed basis. From the ProLogis – AMB merger in 2011 to year-end 2020, Prologis completed investment transactions totalling over USD... more
Calling for European airfreight solution
Europe's air cargo carriers have proven essential in the global fight against the Covid-19 pandemic, transporting over 107,000 t of PPE last year - the equivalent of 1,000 fully-loaded B777F. With the transport of Covid-19 vaccines, immediate policy action on a number of air... more
ESR Amagasaki DC wins award
ESR Cayman, an APAC focused logistics real estate platform, reports that its flagship development ESR Amagasaki Distribution Centre (ESR Amagasaki DC) has won the gold award in the category “best infrastructure, community & civic building” at the MIPIM Asia Awards 2020.... more
Strong quarter for J.B. Hunt
Arkansas-headquartered J.B. Hunt Transport Services, a Fortune 500 company, has announced Q4/2020 earnings of USD 154 million, 0.7% more than in Q4/2019. Revenues for the current quarter amounted to USD 2.74 billion, compared to USD 2.45 billion in the same period in 2019 (+1%).... more
"Grande Texas" sets sail
A PCTC (pure car & truck carrier) is the second newbuild to enter the fleet of the Neapolitan Group Grimaldi in 2021. The “Grande Texas”, the sixth of a series of seven car carrier units commissioned from the Chinese shipyard Yangfan located in Zhoushan, is almost 200 m... more
App-access to Russian transport services
Delo Group in Russia has introduced an interactive mobile app to present its profile. The application provides information on the group in an animated 3D format in Russian and English – key assets, business geography, services, financial and operational results. The key... more
Global challenges for binational airport
In 2020, EuroAirport Basel-Mulhouse (EAP) welcomed 71% less passengers than during the record year 2019. Cargo activities, on the other hand, recorded a 2.3% increase to 108,500 t (47,700 t flown, +4.7%). The important cargo hub serves most of Switzerland, eastern France, and... more
Tackling HGV driver shortage
British recruitment agency Encore Personnel has planned ahead for a shortage of lorry drivers. Operating ten branches across the Midlands for more than 15 years, Encore is an accredited member of Logistics UK. With the pandemic and Brexit, the driver recruitment sector is... more
Henry hops on American aircraft
Starting next Monday, 1 February 2021, animals that previously travelled as emotional support animals and no longer qualify as service animals on flights in the USA, may travel as carry-on pets (charged USD 125) or as cargo pets, as long as they meet the requirements. American... more
Corpus Christi floats on crude oil
Despite the pandemic’s impact on the energy market worldwide, the Port of Corpus Christi witnessed significant growth in 2020 - mainly attributable to a 65% increase in crude oil shipments from 2019. The port set a new annual tonnage record of 159.7 million t, a 31%... more