Sudden ebb in used container ship market 
What was good in the past can be bad today. The once vibrating market of second-hand container vessels slowed down in the course of 2022. Over the year, sales and purchase levels were only half as high as in 2021, according to Alphaliner's latest global survey. In 2022,... more
Fourkites bolsters management team 
Supply chain visibility company Fourkites has appointed a new chief strategy officer and a vice president of global customer success to its executive team. Fabrizio Brasca has been promoted to chief strategy officer. Brasca came to Fourkites as EVP, industry, and market... more
Tiaca appoints Eric Hartmann for Latin America
Tiaca’s board of directors has named Eric Hartmann as its regional representative Latin America in keeping with the organisation’s aim to have and maintain a regional presence in key areas across the globe. As a regional representative, Hartmann will enhance member relations... more
A new intra-American service
Haifa-based carrier ZIM is launching its new service ZIM Colibri Xpress (ZCX) which will connect ports on the South American West Coast with the US East Coast. The rotation will be the following: San Antonio (Chile), Callao (Peru), Guayaquil (Ecuador), Cartagena (Colombia),... more
Knight Swift hit in Q4/2022
USA-based forwarder Knight-Swift Transportation witnessed a difficult Q4/2022. The company’s operating income dropped by 41% to USD 203 million (Q4/2021: USD 342 million), and freight demand was considerably lower than expected. The winner of the quarter was LTL, which... more
Jon Turner to lead Air Canada Cargo
Air Canada has appointed Jon Turner, currently vice president, inflight services, as vice president, cargo effective 18 February 2023. An accomplished airline executive with expertise in global strategy, operations and customer service, Turner has held a wide range of... more
Big role for air cargo in the movies
Turkish Cargo has released three new commercial films presenting its mega hub “Smartist” and the opportunities it offers for the global economy. Designed as the largest industrial building under a single roof at Istanbul airport and situated at a flight distance of 4 hours... more
Cargo with wind under its wings
CMA CGM Group, Ademe Investissement, Neoline Développement, Corsica Ferries and Louis Hardy SAS are jointly investing a total of EUR 60 million in building the first sailing cargo ship of the neoliner class. Additional financing has also been granted by the Banque des... more
CAD 46.9 million investment at Hamilton Airport
John C. Munro Hamilton International Airport has announced a gateway expansion and sustainability project that will enable the airport to continue serving as a global gateway in a strategic transportation and trade corridor. The National Trade Corridors Fund (NTCF)... more
Hypertrucks for North American network
DSV has placed an initial order for ten Hypertruck units from manufacturer Hyliion. In order to reduce its carbon footprint and offer lower-emission solutions to meet customer demand, DSV is planning to implement the electrified powertrain technology along its Pan-American... more