Signing up for another five years 
XPO Logistics is extending its partnership with Saint-Gobain PAM UK, a producer of pipelines and fittings for water networks based in Derbyshire. The logistics provider has been operating 20 sites in the UK and Ireland for Saint-Gobain since 2018, including 31,587 sqm of... more
A COO in waiting
CN has appointed Remi G. Lalonde as executive VP and special advisor to the CEO in anticipation of his transition to the role of the company’s chief commercial officer (CCO) later in the year. As a former CEO, CFO and SVP at a prominent forest products company, Lalonde has... more
Expanding handling capacity at Jaxport
Jaxport in Jacksonville, Florida, has signed a 30-year lease agreement with Enstructure, a USA-based marine terminal and logistics company, for 319,702 sqm at the Talleyrand Marine Terminal. Starting in late 2025, following the relocation of Southeast Toyota Distributors to... more
And the winner is ...
The U-Freight Group has received ‘Top Agent Awards’ from Cathay Cargo in recognition of the air cargo revenue that it produced for the airline. Firstly, U-Freight Manila, part of U-Freight Philippines, was awarded for the annual revenue performance of Cathay Cargo’s top ten... more
"Curiosity of the Day" 
The term ovomancy refers to divination by eggs, for example by cracking eggs open and observing which way the yolks fall. more
More than half way there
Good news from Baku. The Caspian Air Cargo Summit, which Michael Mackey attended for the ITJ at the end of last year, had two clear messages for the industry. One was the emergence of Azerbaijan as a hub for air traffic between east and west. The second one was that the industry... more
Swiss Post banned from takeover
Last Friday, Switzerland’s Competition Commission (Comco) forbade Swiss Post to take over the Quickmail Group. The commission said that the transaction would eliminate effective competition, and that there was also a market-friendly alternative. As both companies are engaged... more
More short-haul freight routes
TFG Transfracht plans to continue expanding its portfolio and establishing new short-haul services in 2024. This January, the specialist for containerised hinterland transport to and from seaports integrated new terminals in Kreuztal and Duisburg into its German network. The... more
Maersk bypasses the Red Sea
In response to the volatile situation in the Red Sea and Gulf of Aden, the Maersk ME2 service will temporarily be diverted via the Cape of Good Hope. The adjusted route will include Jebel Ali (UAE), Mundra and Jawaharlal Nehru (India), Port Tangier (Morocco), Algeciras (Spain),... more
Wincanton sold for GBP 566.9 million
Ceva, a subsidiary of the French shipping company CMA CGM, is buying the British logistics provider Wincanton for the price of GBP 566.9 million. Shareholders will receive 450 pence per share in cash as Wincanton will reach an enterprise value of GBP 764.9 million. “While we... more