GAC promotes Fredriksson to top echelons 
The GAC Group, a shipping, logistics and marine services provider, has appointed Pontus Fredriksson (on the right) as its new group president, with effect from 1 January 2023. Bengt Ekstrand (on the left), who held the position for the last ten years, will take on the role of... more
Is the trade tide turning?
In an analysis for the G20 countries, based on figures provided by the Organisation for Economic Cooperation and Development (OECD), Flexport has reported a 1.1% decline in imports and a 1.3% decline in exports in the third quarter of this year. The G20 group accounts for about... more
B747-8F engines to be serviced for six more years
Nippon Cargo Airlines (NCA), which operates eight Boeing B747-8Fs, has extended an engine services agreement with GE Aerospace by six years. The ‘rate per flight hour’ deal covers the four GEnx-2B engines on each of NCA’s cargo Jumbos. Toshiaki Kobori, NCA’s managing director... more
US forwarder broadens range
A. Duie Pyle, a 98-year-old family-owned and operated provider of supply chain solutions, is bringing its services to the US state of West Virginia. The company is expanding its supply chain solutions to strengthen routes and goods transport. The service move into West... more
ATSG selects Paul Chase as new CCO
Air Transport Services Group (ATSG) has announced that Paul Chase will assume Mike Berger’s responsibilities as chief commercial officer when Berger transitions to chief strategy officer, effective today, 5 December 2022. Chase is currently CEO of Ameriflight. He will take over... more
A shipping platform to vanish
Trade Lens’ days are over. The initiative launched by A.P. Moller-Maersk and its tech partner IBM will be withdrawn from the market. “Trade Lens was founded on the bold vision to make a leap in global supply chain digitalisation as an open and neutral industry platform.... more
World ACD: Air cargo rates finally stabilise
Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in week 47 (21 to 27 November) led by falling volumes to and from North America (-20%). The decrease in chargeable... more
E-power for inland navigation in Brazil
Hidrovias do Brasil has commissioned a new project to retrofit its push-barge ‘Herkules V’, to improve efficiency, reduce emissions, and lower operating costs in its inland shipping services in Brazil. The Finnish technology group Wärtsilä will carry out a major re-powering... more
4th edition of Air Express Market Outlook is out
Cargo Facts Consulting (CFC), a global consultancy to the air logistics industry and a sister venture of industry publication Cargo Facts, has released its latest report. The 4th edition of Air Express Market Outlook provides a historical overview and five-year growth... more
JAS promotes Lars Huebecker
JAS Worldwide has promoted Lars Huebecker to executive vice president, global head of ocean freight. Huebecker joined JAS in 2012 and he been vice president, ocean freight - Americas region since 2017. During his career spanning four continents and almost three decades,... more