WDS complements its US west coast activities 
A takeover has been completed in the USA, with the World Group, the parent company of World Distribution Services (WDS), acquiring Pacific Cascade, including both Pacific Cascade Distribution and Pacific Cascade Trucking headquartered in Sumner WA. Pacific Cascade, founded in... more
Is it a price war - or is it competition?
According to a market forecast made by Container X Change, an online platform for container logistics, “the probability of an all-out price war in 2023 is high," as CEO Christian Roeloffs put it. After the times of scarce capacities and exceptionally high container rates,... more
WestJet Cargo dedicates B737-800 freighters
WestJet Cargo, the air cargo division of WestJet, has confirmed the planned launch of four dedicated Boeing B737-800 freighters on 26 March 2023, to massively increase its operations, thereby meeting growing demand in the Canadian market. Kirsten De Bruijn, WestJet’s... more
New manager appointed for Argentina and Uruguay
Bolloré Logistics has named Charles Lams as its managing director for Argentina and Uruguay, where he’ll be in charge of the company’s strategy in the two countries, and adapting its services to the needs of the local market. He’ll be based in Buenos Aires (Argentina) and will... more
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