XPO's spin-off takes its toll 
XPO Logistics generated revenues of USD 1.83 billion in Q4/2022, surpassing the USD 1.77 billion achieved in Q3/2021. Yet, the company witnessed a net loss due to three impacts primarily related to the RXO spin-off completed in November: a USD 64 million non-cash goodwill... more
Cool investments in Georgia Ports
Amongst others, Georgia Ports on the US East Coast is to spend around USD 6 million to expand refrigerated container capacity. Private chilled and frozen warehouse space in Savannah is set to grow by 11% in 2023 to more than 204,000 sqm. The GPA board recently approved the... more
Deepening cooperation
Air Canada Carto and Emirates Skycargo have now taken the next step in their strategic commercial partnership which they inked last year. The partners now signed a new memorandum of understanding (MoU) at Emirates headquarters in Dubai. Under its terms, Air Canada Cargo and... more
Sea-to-air service launched in East Africa
Shipping without a reliable & knowledgeable partner can be overwhelming for many companies because multimodal transport is a complex, delicate operation. Therefore, they require a supply chain partner that can customise solutions to allow smooth shipping from sea-to-air, and... more
MSC upgrades Sentosa service
The Indian connection is gaining in value. To make markets in North India more accessible, MSC is expanding its current Sentosa service to connect main ports in China directly with India’s Mundra and Nhava Sheva and Sri Lanka’s Colombo. The new Sentosa rotation also includes... more
Lethal cockfighting spurs seized by CBP
On 17 January 2023, US Customs and Border Protection (CBP) officers at the Louisville Port of Entry targeted a package arriving from Mexico City. The officers inspected the parcel and found 120 cockfighting spurs and two gaffs/leg attachment sheaths. Cockfighting spurs are... more
CPC Logistics promotes Daniel Most
CPC Logistics, which provides professional truck driver and warehouse logistics services in USA, Canada and Puerto Rico, has promoted Daniel Most to chief operating officer (COO). After managing various operations for a national private fleet, Most joined CPC in 2014 as... more
Jungheinrich strikes in USA
The Hamburg (Germany)-headquartered intralogistics specialist Jungheinrich is acquiring Storage Solutions Group, a USA-based provider of racking and automation solutions. The transaction is valued at USD 375 million. Storage Solutions, headquartered in Westfield, Indiana and... more
For the best liner in coffee
The Italian liner Ignazio Messina & C. has received fresh laurels of a special kind. The shipping company has won the prestigious title of international ECF Best shipping line of the coffee year 2021/2022. The prize was awarded by the European Coffee Federation, which is the... more
Airline industry association welcomes new member
DHL Aero Expreso has joined the Latin American and Caribbean Air Transport Association (Alta). José Ricardo Botelho, Alta's executive director and CEO: "We have a cargo working group that started meetings in 2021 and is gaining more and more strength to meet the needs of... more