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
Ameriflight orders 20 Natilus cargo aircraft
Natilus, a USA-based corporation that designs and produces the world’s first autonomous aircraft for efficient and sustainable freight transport, has announced that freight operator Ameriflight has become the USA’s first regional carrier to sign an aircraft purchase agreement... more
Container flows on a positive note?
In December 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) surged to 124.3 points from the 121.9 points (seasonally adjusted) registered the month before, according to... more
XPO picks Ali Faghri
XPO, a major provider of less-than-truckload (LTL) transportation in North America, has appointed Ali Faghri as chief strategy officer, effective immediately. Faghri will lead XPO’s strategy and analysis of growth opportunities and oversee the company’s engagement with the... more
Opening in Memphis
Arvato Supply Chain Solutions has opened a new location in Memphis, Tennessee, whose main focus will be on the healthcare industry. The distribution centre covers a surface of approximately 33,000 sqm. The new client at the site is a major player among medical technology... more