Leaving the UK for the USA – Boohoo!
The Boohoo Group, a fashion retailer based in UK, has asked DHL Supply Chain (DHLSC) to manage its first US distribution centre. For the retailer, whose annual sales exceed USD 2.4 billion, DHLSC will operate a new 93,000 sqm centre in Elizabethtown PA, southeast of Harrisburg.... more
XPO playing it down
XPO Logistics is forecasting revenues of approximately USD 3.04 billion, a profit of USD 181 million to USD 185 million and an ebitda of USD 348 million to USD 352 million for Q3/2022. Revenues keep rising, while volumes are showing a year-over-year decrease in weight per day of... more
Olivier Bijaoui joins Tiaca's Hall of Fame
Olivier Bijaoui, the former executive chairman, president and CEO of the Worldwide Flight Services (WFS), has been selected for the 2022 Tiaca Hall of Fame award based. The jury said that, with his vision, tenacity and leadership Bijaoui helped guide handling agents towards... more
Iumi council announces changes at the helm
The International Union of Marine Insurance (Iumi) council has appointed a new president, a vice president, a new executive committee and nominating committee members for 2022/23. Frédéric Denèfle, managing director of French marine war risks specialist Garex, has been... more
Funding for visual fleet management
In USA, investors have shown interest in the Boston-based firm Ship In Systems, a visual fleet management platform. The series A funding was led by Zeev Ventures, a Silicon Valley venture capital firm. Hyperplane and Munich Re Ventures also participated, bringing the total... more
Louisville: 3,359 fraudulent IDs in one week
For the second time in a week, US Customs and Border Protection (CBP) officers in Louisville (KY) discovered 2,265 counterfeit driver’s licences inside an inbound package at Louisville’s Port of entry on 19 October 2022. The first seizure of more than 1,000 fake IDs occurred... more
It is Werner & Baylor now
In USA, Werner Enterprises has closed its acquisition of FAB9, which trades under the name of Baylor Trucking. The price of the transaction was not disclosed. Founded in 1946, Baylor is a truckload carrier that operates 200 trucks and 980 trailers in the east central and... more
Transload rail park opens for business
The US short line rail road Aberdeen Carolina and Western Railway (ACWR) has opened the Midland Logistics Park in Cabarrus County, NC. The cargo handling yard can accommodate 175+ railcars for the transloading, storing, distribution of raw materials and finished goods. The... more
Air Caraïbes welcomes Hughes Marchessaux
The French airline Air Caraïbes has appointed Hughes Marchessaux as general manager of Air Caraïbes Atlantique, the subsidiary which operates transatlantic flights from Paris. Based at Paris-Orly airport, the "Caribbean and French Guiana specialist airline" employs... more
Capacity outstrips demand
The Copenhagen-based maritime consultancy Sea-Intelligence recently analysed the rising gap between global capacities on the seas and global demand. The latest demand data from Container Trade Statistics (CTS) shows that in August 2022, the annualised growth over 2019 was... more