All-time high for truck deliveries
2022 was a record year for Volvo Trucks. The Swedish manufacturer delivered 145,195 trucks in 2022, an all-time high and an uptick of 19% from the 122,525 in 2021. Volvo Trucks also increased its market share in the heavy truck segment (≥ 16 t) in 41 markets globally. The... more
14th Emerging Markets Index: stability and upheaval
The Agility Emerging Markets Logistics Index for 2023 has just been published. Now in its 14th edition, the Index ranks countries for their logistics competitiveness based on their logistics strengths, business climates and digital readiness. In this year's rankings, China... more
Menzies Aviation expands footprint to Jamaica
Aviation services provider Menzies Aviation has acquired a majority stake in Jamaican-based Ajas Limited, a privately owned ground and cargo handling company. Ajas Limited, which has been operating in Jamaica for over 82 years and employs almost 600 staff, provides ramp,... more
GCL loves cars
Global Critical Logistics (GCL), which specialises in events & sports logistics, recently acquired the UK-based Classic Automotive Relocation Services (Cars), a company that was founded in 1989 to organise shipments of historic, rare, and prestigious vehicles. Cars’... more
Busy - busier - Miami
Miami International Airport (MIA) handled 2.2 million t of international freight and 500,000 t of domestic shipments in 2022, thus matching the record of 2.7 million t of freight it had set in 2021. According to Airports Council International, MIA is the #1 US airport for... more
Twilight of the alliances
The end of 2M is looming, ringing in a new era. Maersk hasn’t revealed more than the fact that the decision was “thoroughly evaluated and was mutually agreed.” The end of 2M, due in 2025, is potentially highly explosive for the market. more
Iata: yields and revenue should stay stable
The International Air Transport Association (Iata) has released data for global air freight markets showing that demand in 2022 took a significant step back from 2021 levels but was close to its performance in 2019. Willie Walsh, Iata's director general, mentioned... more
Global Air Charter Service heads to the capital
The global aircraft charter specialist Air Charter Service has inaugurated a new branch in Washington DC, serving the Virginia and Delaware regions as well as the capital. Joel Fenn has been appointed as CEO of the new office, which is the company’s ninth in USA. Fenn, who... more
3PL in the worldwide perspective
Armstrong & Associates (A&A), a publisher of third-party logistics (3PL) market information and consulting, has released its latest research report. According to the study “Downshift: Latest Global and Regional Logistics Costs and Third-Party Logistics Market Trends and... more
Sunny side of the East Coast
The Georgia Ports Authority (GPA) on the US East Coast handled 5.9 million teu in 2022, an increase of 5% compared to 2021. It was not only an annual record. The Port of Savannah achieved four of its top five months for container volume last year, with August at the top... more