Apollo-led investors complete Atlas transaction
The investor group led by funds managed by affiliates of Apollo, accompanied by investment affiliates of J.F. Lehman & Company and Hill City Capital, has completed its acquisition of Atlas Air Worldwide. The US provider of outsourced aircraft and aviation operating... more
Expanded booking platform for quick decisions
Yusen Logistics has expanded its global coverage to 32 countries and regions through its digital forwarding platform. It simplifies the online shipping process for offers of ocean and air freight forwarding solutions by providing instant quotes, simple booking and online cargo... more
DP World to launch new air cargo logistics hub
DP World and Grupo Puntacana are planning to jointly develop a new air cargo logistics hub in Punta Cana, Dominican Republic, boosting the country's position as the largest trade and logistics centre in the Caribbean. The new site is being created through an agreement... more
Globalisation continues undeterred
International flows of goods and capital have remained remarkably robust, despite the Covid 19 pandemic and the war in Ukraine. After a slight decline in 2020, the combined DHL Global Connectedness Index returned to figures above pre-pandemic levels in 2021. Currently... more
Chapman Freeborn: 45% of the staff now women
Chapman Freeborn has named two more women to head its divisions: Catriona Taylor (left) has been appointed to the newly created position of global supplier relations director and Jenny van Wyk (right) has been promoted to country manager – South Africa. Taylor has worked with... more
Fiata committed to “navigating uncertainty”
The role of the freight forwarder in the supply chain is changing as quickly as the world itself. In Geneva, the traditional strategic ‘Fiata HQ Meeting’ of the year was introduced with a press conference hosted by president Ivan Petrov, director general Stéphane Graber and... more
Winnipeg looking forward to new rail hub
Canada is investing up to CAD 18 million (EUR 12.3 million) in improving intermodal connectivity in the Winnipeg metro region. The project, the Centre Port Canada Rail Park, is a 2.7 sqkm development that combines industrial space with logistics infrastructure. The Rail Park... more
No gift, but potentially lethal content
One week ago, while inspecting an express delivery parcel from Kosovo and destined to Hancock County, ME, US Customs and Border Protection (CBP) officers in Philadelphia discovered costume jewellery, textile fabric, along with 2,055 alprazolam pills and 2,000 clonazepam... more
New Avianca GSSA in Central Europe
ATC Aviation Services has been appointed as the exclusive GSSA for Avianca Cargo in Germany and Switzerland. The partnership will strengthen the South American carrier’s presence in Central Europe and enhance its sales and services. With a fleet of modern aircraft and a... more
First board member based outside the USA
The Boeing Company’s board of directors has nominated Sabrina Soussan to be elected as a new director at the company’s upcoming AGM. Soussan currently serves as chair and CEO of Suez, a Paris-based global utility company specialising in water and waste management with a focus... more