Aircraft lessor invests in cargo drone fleet 
Libra Group subsidiary LCI has signed an agreement with Elroy Air, a USA-based developer of advanced autonomous cargo aircraft systems, to acquire 20 aircraft with an option for a total of up to 40 units of the company’s "Chaparral" vertical take-off and landing... more
Recent developments in global piracy
The ICC International Maritime Bureau (IMB)'s report on global piracy in 2022 sums up 115 recorded incidents of piracy and armed robbery against ships – compared to 132 in 2021. In total, 107 vessels were boarded, two vessels hijacked, five attack attempts failed and one vessel... more
Expanding rail to truck transload facilities
In USA, Iowa Interstate Railroad (Iais) has purchased Iowa City’s Industrial Campus plot to develop a new rail to truck transloading facility. The site, including an existing rail spur, connects to the 920 km Iais network, providing shippers with direct access to all seven... more
Who would like to buy Pembroke?
Standard Chartered is exploring alternatives for the future ownership of its aviation finance business, which includes Pembroke. Standard Chartered’s global aircraft leasing and financing operation manages a modern fleet of aircraft - but without maindeck cargo capacity -... more
Larger freighters for Logic Paq
Logic Paq has taken delivery of its first B737-800F. The company, a specialist for air and sea freight based in the Dominican Republic, is planning to serve Miami with four B737-800F from two points of departure, i.e. from Santo Domingo itself and, in partnership with its... more
Mycrane reaches milestone in USA
Mycrane has launched its own office in USA. Houston-based Scott Wilkes has been appointed as director of business development, reporting directly to the senior management team in UAE. Because of the importance and size of the market, Mycrane has decided to establish its own... more
Boeing: commercial orders and deliveries in 2022
Boeing reported 774 commercial orders last year after cancellations and conversions, including 561 orders for the 737 family and 213 orders for the company's twin-aisle airplanes. Boeing delivered 69 commercial jets in December, including 53 737 MAX, bringing total deliveries... more
An Albertan alternative 
Talking at the Tiaca gathering to Kirsten de Bruijn, WestJet Cargo’s EVP. Dutchwoman Kirsten de Bruijn knows and loves Miami, having already worked there for eight years – first in the hotel segment, then in airfreight. After postings to the Middle East she has now headed the... more
Coltrans: Leschaco's second target
As announced recently, Leschaco (Lexzau, Scharbau) acquired the Colombian logistics company Coltrans, founded in 1988, effective 28 December 2022. The Bremen-based logistics player has thus decided to take over its long-term agent in Colombia. The German company said in a press... more
Changes in cargo flows
The Copenhagen-based maritime agency provider Sea-Intelligence recently published an analysis of the cargo streams on the North America West Coast (NAWC). Compared to 2019, volume growth in 2022 stagnated during the first two months of the traditional Q3 peak season and... more