Matson feels transpacific drop
The Honolulu-based Matson Navigation Company recently reported its Q3/2022 results, disclosing its deployment strategy. Chairman and CEO Matt Cox spoke of "lower demand in the transpacific trade lane”. The carrier thus decided to end its temporary CCX service about six... more
336 million barrels of oil saved
Lineage Logistics, a specialist in temperature-controlled industrial REIT (real estate investment trusts) and logistics solutions, has renewed its participation in the Smartway transportation partnership of the US environmental protection agency EPA. The programme provides a... more
Silk Way West orders Boeing 777-8 freighters
At a ceremony recently held in Everett, Washington (USA), Azerbaijani cargo carrier Silk Way West Airlines signed an order with Boeing for two state-of-the-art 777-8 freighters with options for two additional aircraft. Under the agreement, aircraft deliveries are planned for... more
YEG and Cargo AI
Tiaca has announced the winners of the 2022 Air Cargo Sustainability Awards, an annual programme run in partnership with IT solutions providers Champ Cargosystems. The awards recognise outstanding businesses and industry initiatives designed to make air cargo more sustainable.... more
Facing seven challenging years
Team effort at Athens airport will ensure success. Cargo activities at Athens International Airport (AIA) seem to be regaining their momentum. According to Lina Palli, the gateway’s senior account supervisor for cargo development, the year-to-date cargo volume has recorded... more
Trains don’t have to enter town anymore
After years of building work, the US railway operator BNSF recently celebrated the opening of the Willmar rail bypass in Minnesota (USA). It includes 4.5 km of new tracks and a triangle of railroad tracks used to turn locomotives and trains. Now that this infrastructure has... more
LMR now spelt Grammer Logistics
The US corporation Grammer Logistics has purchased the company Logistics Management Resources (LMR), based in Baton Rouge LA. LMR specialises in serving the chemicals, industrial gases and related industries. Grammer Logistics itself is a portfolio company of Stellex Capital... more
Aero Union outsources ULD management to Jettainer
Mexican cargo airline Aero Union has outsourced the management of all its unit load devices (ULDs) to Jettainer. This was announced by both companies at Tiaca's Air Cargo Forum in Miami. The global market provider of ULD management has taken over more than 800 units from the... more
Salvatore Sciacchitano re-elected Icao president
Salvatore Sciacchitano has been re-elected for a second three-year term as president of the Council of the International Civil Aviation Organisation (Icao). Sciacchitano first assumed the office of Icao council president on 1 January 2020. Prior to this, he was part of the... more
Atlas Air announces results for Q3/2022
Atlas Air Worldwide Holdings has reported a Q3/2022 net income of USD 60.1 million, or USD 1.79 per diluted share, compared with the net income of USD 119.5 million, or USD 3.91 per diluted share, in Q3/2021. On an adjusted basis, ebitda totalled USD 194.0 million in Q3/2022... more