Expeditors feeling the freeze 
Expeditors International, founded in 1979 and based in Seattle, has announced its financial results for Q4/2022 and the full year. In FY/2022, revenues increased by 3% to USD 17.01 billion (2021: USD 16.5 billion), while operating income fell moderately by 1% to USD 1.82 billion... more
"Italian touch" on two continents
Italy's Neos Air, which has experience in transporting stars and equipment for music tours, is partnering with Laura Pausini this coming weekend. To celebrate her 30-year career, the most awarded Italian artist will perform three concerts in three countries on two continents... more
India – the promised land? 
MSC, Cosco and OOCL improving connectivity to Indian ports. Does this already represent supply-chain optimisation at the expense of China – or is it but the consolidation of existing networks? MSC is expanding its Southeast Asia/trans-Pacific services to and from the ports of... more
Takeover extends intermodal fleet
TFI International has acquired Axsun, a North American provider of intermodal and freight brokerage services. Based in Montreal (Canada), Axsun operates out of multiple locations in Canada and USA, providing an integrated mix of intermodal services as well as over-the-road... more
CPG under Florida's sun
The Cleveland (OH)-headquartered Container Port Group (CPG), which operates all over USA, recently opened a new terminal in Jacksonville, Florida. While Jaxport also continues to invest in its infrastructure, shippers tend to use the port more for both imports and exports.... more
Maersk to recruit South African cadets
Following an extensive review process, A.P. Moller - Maersk (Maersk) has identified South Africa as a suitable source for recruiting additional crews for its fleet, which comprises 280 fully-owned and operated container vessels, employing 12,500 seafarers. South African... more
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