The deal is on 
It was a long struggle, but the outcome is clear. Atlas, the holding with Seaspan as a major global containership lessor in its portfolio, has agreed with Poseidon Acquisition on the sale of its shares. Poseidon is a consortium which was formed for this purpose by certain... more
First Guangzhou-converted B767-300 freighter
Boeing and Guangzhou Aircraft Maintenance Engineering Company (Gameco) have celebrated the completion of China’s first 767-300 Boeing converted freighter (BCF) from the Gameco conversion line in Guangzhou. Peter Gao, VP Boeing commercial sales and marketing for China:... more
Building facilities to augment fleet
Paveway Express recently started to expand its Greenville facility. The fast-growing US trucking company has cleared about extra 4,000 sqm of land to increase its parking facilities with the long-term goal of adding ten new trucks in 2023. Phase one of the work will be done in... more
A new hub for Greater New York
A new logistics centre is in the making. The Industrial Centre Carlstadt II, to be developed and managed by Goodman Group, is located between New Jersey and New York City. One major focus will be last mile logistics deliveries to a market of over 15 million people around New... more
US merger in omnichannel business
Louisville (KY)-based MHS Global, which develops solutions for material flows, has joined forces with software company Fortna, which is headquartered in Atlanta. The two companies will now operate jointly under the Fortna brand. MHS Global brings in over 2,500 employees at... more
Global X-Colombia: certification enters phase 2
Global Crossing Airlines Group (“Global X”) is entering phase 2 of the Colombia AOC (air operators’ certificate) certification process by Global X-Colombia. Initial approval from the Colombian CAA to start the formal certification was received in June of this year. Global... more
Fernando Lopes joins CDB Aviation
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (“CDB Leasing”), has appointed Fernando Lopes as vice president, commercial Americas. Lopes started his new role at the end of September 2022 and is working from São Paulo, Brazil.... more
Oregon's port railway to be modernised
The Port of Coos Bay in Oregon has received a USD 10 million grant from the US department of transportation for improvements of the Coos Bay Rail Line (CBRL), which serves the port. The project will replace 67,000 crossties and resurface the main line, sidings, an industrial... more
Tiaca announces sustainability award finalists
The International Air Cargo Association (Tiaca) has announced the results of the fourth edition of the air cargo sustainability awards, which are run in partnership with IT solutions provider Champ Cargosystems. The awards aim to recognise outstanding businesses and industry... more
A federal grant to cut emissions
In Florida, the federal department of transportation’s (DOT) maritime administration has awarded a grant of USD 23.5 million to support Jaxport's programme to reduce emissions with the sustainable solutions (express) project. This programme is a USD 47 million public-private... more