RWI / ISL – “energy price shock has been overcome”
The RWI / ISL container throughput index rose to a seasonally adjusted 123.4 points in May, compared to the previous month. This means that box throughput has now risen four months in a row – but hasn’t yet reached the level of last summer again. Chinese ports made... more
Known for two years, but still so much to do
Airforwarders Association (AFA) executive director Brandon Fried has urged shippers to prepare for US air cargo security enhancements, which come into force in October, affecting certain types of freight on international all-cargo flights. The temporary Impracticable to... more
South Korea investing in logistics centres in USA
South Korea-based provider CJ Logistics and Korea Ocean Business (KOBC), a South Korean government entity, are partnering to construct large-scale logistics centres in USA. With a total investment of USD 457 million, these hubs will prioritise the handling of import and... more
US railroads to create new corridor
Canadian Pacific Kansas City (CPKC), CSX and Genesee & Wyoming have reached agreements to create a new direct CPKC-CSX interchange connection in Alabama, USA. As part of the series of proposed transactions, CPKC and CSX would each acquire or operate portions of Meridian... more
Latam Cargo boosts flower export capacity
The operators of the Latam Cargo group have strengthened their position as major providers of flower transports in the region after acquiring a new Boeing 767-300BCF. This aircraft is the 18th in their joint fleet of cargo planes and will allow them to increase their... more
G&W to further enhance its fleet
The USA-based transport company Genesee & Wyoming (G&W) has ordered 69 certified pre-owned locomotives from Wabtec for six of its short lines. The purchase consists of 35 Dash 9 and 34 Dash 8 locomotives. Wabtec will start to despatch these locomotives immediately... more
Shipbob snags supply chain expert from Amazon
Global omni-fulfilment platform Shipbob has hired Melissa Nick as its first chief supply chain officer. She joins the company with over 20 years of professional experience, spending the last nine+ years at Amazon, most recently as Amazon's VP of North America customer... more
WFS reduces truck waiting times in North America
Worldwide Flight Services (WFS), a member of the Sats Group, has begun rolling out a new dock management system in North America, which has already reduced truck waiting times at its operations in New York JFK by more than 20%. The solution is another feature of WFS’... more
Global Crossing gets second A321 freighter
Global Crossing Airlines Group has taken delivery of its second A321 freighter and has placed it on the GlobalX operating certificate as of 16 June 2023. The aircraft was converted under the Precision STC and leased from Greenwich Highland Aviation. It will serve GlobalX clients... more
Allcargo group: key changes after demerger
Allcargo Group, a global logistics conglomerate headquartered in India, has made several appointments in key leadership positions within the organisation after its recent demerger. Shashi Kiran Shetty has been redesignated as executive chairman of Allcargo Logistics, Adarsh... more