Poseidon, ONE et alia going for Atlas
The takeover of Atlas Corp., the holding with Seaspan as a major global containership lessor in its portfolio, is around the corner. On behalf of a consortium composed of David L. Sokol, chairman of the board of directors of Atlas , certain affiliates of Fairfax Financial... more
Honours for the pioneers of the pallet's triumph
Oliver Richter (1920-2014), an Australian who, as trade manager of Brambles in the 1960s, discovered the potential of a closed rental pool for load carriers and successfully established today's Commonwealth Handling Equipment Pool (Chep) system, and George Raymond Sr.... more
Icao awards Ángela Marina Donato
The ICAO Council has posthumously conferred the Edward Warner Award, acknowledged as the highest honour in the world of civil aviation, on Ángela Marina Donato of Argentina. The award ceremony took place on the opening day of Icao’s 41st triennial Assembly and was led by the... more
Sustainable fleet growing further
US class I railway Union Pacific is investing in electric vehicles: Over the next six months, 67 electric vehicles – 50 Ford Lightning pickups and 17 Ford Mustang Mach-Es – will be delivered to select field locations across the railroad’s US network. Growing its... more
Agility invests in e-mobility supplier
Agility Ventures, the venture capital branch of Kuwait-headquartered Agility, has invested in Loop Global, a USA-based developer of hardware and software for electric-vehicle (EV) charging stations and networks. Loop, which operates in all 50 US states and more than 15... more
AIT partners with Kalitta Air
Global supply chain solutions specialist AIT Worldwide Logistics has entered into a new civil reserve air fleet (Craf) partnership with Ypsilanti (MI)-based Kalitta Air. The strategic alliance continues AIT’s longstanding designation as a Craf-sponsored freight forwarder,... more
Port of Houston's boom to continue?
The Port of Houston in Texas has set its second record for monthly container volumes in 2022. Handling almost 383,000 teu in August, the port surpassed its previous monthly record of 335,000 teu in container throughput set in May 2022. August’s monthly handling result was... more
Time to follow the migratory birds
Starting next month, Air Canada will extend its freighter network into USA for the first time, with flights linking its Toronto hub to Dallas and Atlanta. Air Canada Cargo, which continues to increase its widebody freighter fleet, is also expanding its presence in South... more
Ice melting – one way or the other
Second conference on ‘The Future of Norwegian Seafood Air Logistics’. A series of challenges need to be overcome to ensure that Scandinavian seafood exports achieve their full potential, as ITJ correspondent Michael Mackey reports from a conference held in Oslo on 19 September.... more
How shippers can in-source their logistics
In an unusual move, the Nasdaq-listed Coffee Holding, coffee roaster and trader located in USA, is merging with Delta Corp Holdings, a 3PL active in bulk & energy logistics, fuel supply, commodities, and asset management. The deal is a share exchange agreement, whereby... more