Freight rates hit 2019 levels 
The container shipping industry is experiencing a downturn in 2023, with a nearly 2% year-on-year decline in container volumes and a significant drop in freight rates, returning to 2019 levels by September. Despite these reductions, chartering costs remain 25% above 2019... more
Three industry trailblazers celebrated in NYC
The United Seamen’s Service’s 54th annual Admiral of the Ocean Sea (Aotos) awards were presented to Mark W. Barker (right), president of Interlake Maritime Services, George Pasha IV (left), president and CEO of The Pasha Group, and Adam Vokac (middle), district and national... more
A sustainable West Midlands hub
Glencar has finished building a 71,628 sqm warehouse in Nuneaton, West Midlands (England) for Baytree Logistics Developments and its partner, Rhenus. Baytree Nuneaton comprises two warehouses with a structure consisting entirely of CLT and glulam, reducing the carbon footprint.... more
A Hero to handle Christmas deliveries
In the logistics industry, automation and emissions reduction are currently on top of the agenda. The Finland’s capital Helsinki is currently exploring options to achieve these goals.The innovation company Forum Virium Helsinki is trialling an autonomous robot to streamline... more
Air NZL electric for freight first
Air New Zealand has announced the Alia as the airline's first purchase of a next-generation aircraft in its Mission Next Gen Aircraft programme. Designed by electric aerospace company Beta Technologies, the battery-powered all-electric aircraft is expected to join Air New... more
O. Brunoni and Allmarine join up
In Switzerland, O. Brunoni and Allmarine will merge their business activities as from 1 January 2024. The managements of both companies have mutually agreed to operate under the single brand O. Brunoni in future. O. Brunoni has also won Zim, globally the tenth largest... more
Direct customer support for supply chains
Eurolog, a provider of supply chain software, has bolstered its presence in the USA by launching its own customer support service in the country. Eurolog’s software and services comprise transport and container management systems as well as goods tracking. With the new... more
Dronamics appoints new chief revenue officer
Cargo drone airline Dronamics has appointed Gavin Gomes as chief revenue officer and member of its executive team. He will assume his new role on 1 January 2024, after having served as general manager, Dronamics Australia since August this year. Before joining Dromanics,... more
IAG Cargo starts its first Madrid-Doha service
Commencing today, 11 December 2023, IAG Cargo, the cargo division of International Airlines Group (IAG), is providing its first direct service between Madrid (Spain) and Doha (Qatar). This new daily direct service will be operated by an Iberia A330. Customers from Asia... more
RCG ships rail track components to Romania
The Austrian carrier transports the building materials over a distance of 1,650 km from Poland via Czechia, Slovakia and Hungary to Romania. ÖBB Rail Cargo Group (RCG) began the transports for Track Tec, a supplier of track superstructure materials, in June 2023. By... more