Iata – cargo volumes to stay above pre-covid levels 
The International Air Transport Association (Iata) expects that next year, airlines will collectively post a small net profit of USD 4.7 billion – a 0.6% net profit margin. This would be the first profit since 2019, when industry net profits were USD 26.4 billion (3.1% net... more
2,000 e-vans for last-mile deliveries
Ford Pro and the Deutsche Post DHL Group recently signed a memorandum of understanding to accelerate the deployment of electrified vans used for logistics operations worldwide. Underscoring the planned collaboration, Ford Pro will equip the Deutsche Post DHL Group with more than... more
Rail operator takes over switching services
R. J. Corman was awarded a contract to provide Sasol with switching service operations to its Lake Charles chemicals complex in Westlake LA, starting on 1 December. Sasol offers a broad portfolio of specialty and commodity chemicals for a wide range of applications and... more
Money (no longer) talks
The Copenhagen-based maritime consultancy Sea-Intelligence has taken a closer look at the financial results of major shipping lines in recent times. The first rank of carriers can look back on USD 124 billion in operating profits in 2021. In the first three quarters of 2022 the... more
Nigeria welcomes FedEx
FedEx has launched its own commercial presence in Nigeria. Red Star Express, the current service provider in Nigeria, will continue to provide the infrastructure for FedEx in the field of ground operations.Nigeria is the largest and fastest-growing economy in Africa, and the... more
When French and US-Americans sympathise
The Marseille-based CMA CGM Group has inked an agreement to acquire GCT Bayonne and New York terminals, on Staten Island. The two east coast facilities belong to Global Container Terminals (GCT). The price of the purchase wasn’t disclosed. The Port Authority of New York and New... more
Memphis steams infested chestnuts for the holidays
A month ago US Customs and Border Protection (CBP) agriculture specialists in Memphis TN intercepted nine immature insects in a shipment of chestnuts. The eight-kilogram shipment from Bolzano (Italy) was en route to a residential address in Long Island NY and lacked the... more
More volumes in sweet waters
Puerto Aguadulce (Colombia) passed a threshold by handling the largest-capacity vessel so far to call the port and in the country at all. The ‘CMA CGM Argentina’, a 1,572 teu vessel, was built in 2019 and sails under the Maltese flag. The milestone highlights Buenaventura’s... more
Humanitarian logistics award from 2023
The Logistics Hall of Fame is set to present a new international award from 2023 onwards – the Lynn C. Fritz Medal for Excellence in Humanitarian Logistics. The annual medal will recognise humanitarian organisations and their partners for outstanding logistics projects. The... more
14 countries team up for a trade tool
14 government agencies in charge of guarding national frontiers worldwide, amongst them the USA’s Customs and Border Protection agency (CBP), have agreed on a common tool to improve their services. They will deploy a so-called ‘Global Business Identifier’ (GBI) pilot... more