Tanker acquisition via remote
It is the first acquisition solely done by remote due to the recent boom in the tanker market. The "Cape Beira" was acquired by the Sea World Management of Montecarlo with online procedures determined by anti-pandemic restrictions. The 40,000 t tanker changed hands... more
(No) more new services in the Caribbean
For the first time in its history, Caribbean Airlines used a B737-800 passenger aircraft for a cargo only service, moving essential supplies from Guyana to Cuba. The flight was part of the charter service the airline headquartered in Trinidad and Tobago launched... more
Hellmann and Silgan Closures extend their collaboration
Logistics services provider Hellmann Worldwide Logistics and Silgan Closures EMEA, a manufacturer of closure solutions, have extended their ten-year collaboration. With the third extension of the contract, Hellmann, as a full-service provider in the field of contract logistics,... more
New member for steering committee on mediation
Edward Liu, legal director with Hill Dickinson Hong Kong, has been elected as a member of the steering committee on mediation and its public education and publicity sub-committee each for a new term from 1 January 2020 to 31 December 2021. Damien Laracy, managing partner of... more
Road hauliers demand planning security
European legislators are currently debating a more ambitious aim for cutting greenhouse gas emissions: initially 40%, the legislators are now proposing a reduction target of 50%/55% or even 65% by 2030. Road hauliers are prepared to make their contribution to the... more
"Curiosity of the Day"
The hashtag symbol is technically called an octothorpe. According to the Merriam-Webster dictionary, the "octo-" prefix refers to the eight points on the popular symbol, but the "thorpe" remains a mystery. One theory claims that it comes from the Old English... more
New Salt Lake City intermodal service available
Infinity Intermodal in the USA has launched a new expedited temp-controlled intermodal service from Salt Lake City to Chicago and return. The new offering is three days door-to-door and allows Infinity Intermodal to provide expedited, temperature-controlled, full truckload,... more
Coyne connects Armenia to Europe
Coyne Airways is stepping up its cargo services to Armenia with the introduction of a weekly B737-400F service from Liege (Belgium) to Yerevan. The service began on 10 May 2020 and is designed to bring much-needed direct freighter lift to Yerevan from Western Europe. The... more
Paycargo Capital supports transport companies
Paycargo Capital, a sister company of online payment platform Paycargo, has seen a rise in demand for its short-term credit facility during the Covid-19 pandemic. Transport companies and cargo owners that are customers of Paycargo in North America can apply for credit of between... more
Maritime augments rail service in UK
Despite the economic uncertainty and downturn in container traffic due to Covid-19, Maritime Intermodal has launched a new railfreight service in UK from DP World Southampton to its terminal at East Midlands Gateway (EMG). Hauled by DB Cargo UK, the new shuttle has a... more