Agility's acquisitions pay off in Q1/2023
Kuwait-based Agility ended Q1/2023 with earnings of KWD 15.3 million (EUR 45.7 million), an increase of 20% over the same period in 2022. Agility’s ebitda increased 78.1% to KWD 60.4 million (EUR 180.5 million) and revenue grew 142.7% to KWD 320.5 million (EUR 958 million).... more
First USA-Faroe service bookable from today
The Port Authority of New York and New Jersey has announced the USA’s first-ever nonstop service to the Faroe Islands with flights by Atlantic Airways between New York Stewart International Airport (SWF) and Vágar, the sole airport on the Faroe Islands. The seasonal weekly... more
Historic moment for Jaxport
The Jacksonville Port Authority (Jaxport), Florida’s No. 1 container port by volume and one of the USA’s major vehicle-handling ports, set a new port record with the arrival of the vessel “One Stork”, the largest container ship to ever call Jacksonville. This vessel is... more
Pelican ready for take-off
A2Z has begun to roll out its new flagship long-range delivery drone, the "RDSX Pelican". Capable of carrying payloads up to 5 kg on routes up to 40 km, the drone is claimed to be "a highly efficient platform for the last-mile fleet". Unladen it can travel 50... more
UPS A300-600F retrofit completed
Airbus has completed the cockpit upgrade project for 52 A300-600F and two simulators in the UPS Airlines fleet. The final delivery of an aircraft retro-fitted with state-of-the-art cockpit avionics in March was the culmination of a six-year project signed in March 2017, with... more
Haulier expands LTL business in North America
The North American transport company TFI International has agreed to acquire Siemens Transportation Group (STG) and completed the acquisition of Hot Line Freight Systems (Hot Line). Terms of the transactions were not disclosed. Founded in 1962, the majority of STG’s operations... more
US class I railway CSX to deliver renewable fuels
Energy company Oleo-X has chosen rail as a major supply chain partner to transport its renewable energy. On a CSX-served location in Pascagoula, Mississippi (USA), Oleo-X has launched a renewable diesel (RD) and sustainable aviation fuel (SAF) feedstock merchant pretreatment... more
Attention – data theft!
A joint charter by Fiata and GSF. Digitalisation is the order of the day in logistics too. Without data security its development is at risk, however. Fiata and GSF show how it should be done. more
Rob Crisci joins Lineage Logistics
Lineage Logistics, a global provider of temperature-controlled industrial Reit and logistics solutions, has appointed Rob Crisci as chief financial officer. Crisci brings more than 25 years of financial leadership experience in the industrial and technology sectors. He will... more
US container imports on the rise
Descartes System Group (DSGX), a Canada-based multinational technology company that provides logistics and supply chain management software for the logistics industry, has released its global shipping report for May 2023. This monthly benchmark analyses the US import data in all... more