Daseke recruits EVP and CFO 
Daseke, a large flatbed and specialized transportation and logistics solutions company in North America, has hired Jason Bates as its executive vice-president and CFO. Bates will be fully transitioned into his new role by 27 April, and will be responsible for managing all... more
UK forwarder partners with German haulier
UK-based Davies Turner is strengthening its German logistics presence with a new partner - Streck Transport. The new exclusive partnership is important for Davies Turner as it further increases its portfolio of scheduled overland trailer services with Germany, the British... more
7.5% less global capacity in container shipping
According to data compiled by the Copenhagen-based maritime intelligence company Eesea, the global capacity in container shipping for 2020 has already been cut by 7.5% at this point in time. Shipping capacity was down by 9% in April. So far, a total of 302 out of 2,693 sailings... more
100 years ago and one month ago
In between 24 and 25 April 2020, it will be exactly 100 years ago that the Dornier Do Gs 1 was sunk in Kiel on Germany’s Baltic Sea coast. The predecessor of the Dornier Do J (aka whale) flying boat series, which operated, inter alia, a mail liner service between Germany and... more
USA Truck appoints Zachary King as SVP and CFO
USA Truck, headquartered in Van Buren AR, has appointed Zachary King as senior vice-president and CFO. King has been the company’s vice-president and corporate controller since 2017, after joining USA Truck in 2015. He succeeds Jason Bates, who is leaving the company to pursue... more
General cargo alliance continues to grow
The German general cargo alliance, Cargo Line, continued to grow strongly in the 2019 financial year. The entity registered a total of 12.8 million outbound shipments (+ 2.6%) and sales of EUR 1.46 billion (+ 2.8%). Domestic traffic grew by 2.5% to 9.75 million shipments,... more
JV to boost investment in South Korean logistics real estate
APG, Canada Pension Plan Investment Board (CPP Investments) and ESR have entered into a strategic agreement to establish a new development joint venture, ESR-KS II, with a total equity allocation of USD 1 billion, representing an investment capacity to deliver as much as USD 2... more
Cargo traffic volumes remain firm at Viking Line
While the ongoing pandemic has caused a serious deterioration in Viking Line’s operating conditions, cargo traffic is continuing. Backed by Finland’s National Emergency Supply Agency’s decision to aid cargo traffic to ensure supply security, four of the group’s vessels are... more
Understanding the shippers
From 1 May 2020, American Airlines will take advantage of the online booking platform of its new end-to-end management system and implement a fair booking policy to address late changes or cancellations. This step represents American’s plans to mitigate unused space,... more
Csafe Global supplies US Antarctic programme
Csafe Global has gone to the ends of the earth to ensure the samples gathered by the United States Antarctic programme are protected on their journey from Antarctica to the USA. Scientists collect samples to be shipped back to their home institutions for further analysis. The... more