Price for logistics real estate at a record high 
2022 was a year of record growth in global logistics property rents since Prologis Research began tracking them in 2007. According to the Prologis Logistics Rent Index, which analyses markets in North America, Europe, Asia and Latin America, global rents increased 30%... more
Cpat: new contract with Aliscargo Airlines
Cpat Global has landed a new contract with Aliscargo Airlines, the only Italian intercontinental cargo airline. Cpat will be providing aircraft systems courseware and access to the aviation specialty courses (general subjects) tailored for Aliscargo’s B767 fleet. “Cpat’s... more
Echo LTL and Roadtex: changes at the helm
Echo Global Logistics, a provider of technology-enabled transportation and supply chain management services, and Roadtex Transportation, an Echo company, have strengthened their executive teams. Frank Hurst, formerly president of Roadrunner, has joined Echo as the executive... more
Wisetech Global's next coup
Sydney (Australia)-headquartered Wisetech Global (WTC), developer of the logistics software Cargowise, recently acquired the US-based company Blume Global (Blume). Amongst others, Blume provides a software solution facilitating intermodal rail in North America. The price of... more
Kick-off for French Monitor Project
Wabtec, Fret SNCF and regional operator RDT13 have launched the Monitor Project, the first innovation project of the French “Railfreight of the Future” coalition to accelerate the development of the country’s railfreight industry. The project, funded by the French state,... more
Global X: 100 cargo flights to Cuba
This year and starting today, 21 February 2023, Global Crossing Airlines Group will operate over 100 cargo flights with its A321 Freighter to Havana, Cuba on behalf of OFAC approved operator Cubamax. “We are delighted to be working with Cubamax to provide two weekly cargo... more
A good 2022 for GXO
In its results for 2022, GXO, as US 3PL formerly part of XPO, achieved a turnover of USD 9 billion, up by 13.3% compared to 2021 (USD 7.9 billion in 2021). Net income attributable to GXO increased to USD 197 million, compared with USD 153 million for 2021, and the pro forma... more
Targeting markets in Southeast and Midwest
APM Terminals Mobile is extending its rail infrastructure capabilities: a USD 60 million rail expansion will double capacity in response to demand for more supply chain gateway options and inland rail logistics. Additional tracks, railyard storage space and improved access... more
Ethiopian: new freighter flights from today
Ethiopian Cargo & Logistics Services, one of Africa’s largest network operators, has started two weekly freighter flights connecting Xiamen with São Paulo and Santiago via Addis Ababa. Ethiopian is launching two weekly freighter flights between Shenzhen and Liège today, 17... more
Cargo growth for Bengaluru Airport
For the second year in a row, Bengaluru airport has gained the title of No.1 airport for perishables in India. It is now identified as the country’s third busiest airport processing international cargo. BLR Airport is South India's sole airport and India's second airport to... more