Building on Far East air freight business
Dublin-based global aviation services group ASL Aviation Holdings has posted strong financial results for 2021, with revenues up 24.4% on 2020. The ASL Group, which includes ASL Airlines Ireland, ASL Airlines Belgium, ASL Airlines France and ASL Airlines United Kingdom in... more
Generix Group promotes Aïda Collette-Sène
Generix Group, a global provider of collaborative SaaS Software solutions for the supply chain, has appointed Aïda Collette-Sène as president & CEO and chairman of the board. She succeeds Jean-Charles Deconninck. This appointment is part of a realignment of the group’s... more
From West to East Coast
The medium-sized asset-based company Total Transportation Services (TTSI), operating in Los Angeles and the Port of Long Beach (California), has completed its acquisition of Salson Logistics. Salson, a Newark-based port-to-shelf logistics provider, works for a number of US... more
WFS to be acquired by Sats
Sats has reached an agreement to acquire Wordwide Flight Services (WFS) from an affiliate of Cerberus Capital Management. The transaction is valued at an enterprise value of EUR 2.25 billion and will bring together WFS, the world’s largest air cargo handler with leadership... more
US short line railroad changes hands
Patriot Rail has entered into a definitive agreement to acquire Delta Southern Railroad (DSRR). The short line railroad operates 65 km of track in Louisiana, USA, and serves two port facilities – Lake Providence Port and Madison Parish Port – located on the Mississippi River.... more
More than 100,000 teu
The Canadian port of Port Saint John's throughput is taking an upturn due to the supply chain upgrades at its container terminal. The Atlantic port community recently passed the threshold of 100,000 teu in 2022, which is a record mark. Together with the terminal operator DP... more
Deepak Ahuja joins Zipline
Deepak Ahuja joined Zipline, the global specialist in instant delivery, as its first ever chief business and financial officer on 30 September 2022. He brings more than 20 years of financial leadership experience to the company’s management team. In his new role, Ahuja will... more
Air Canada Cargo launches service to St. John’s
Effective 1 October 2022, Air Canada Cargo’s Boeing 767 freighters will begin operating five times per week to Europe from St. John’s (YYT), with two non-stop flights per week to Frankfurt and three non-stop weekly flights to Madrid. Air Canada Cargo is the only Canadian... more
E-commerce and logistics combined
ESW, a major direct-to-consumer (DTC) E-commerce company, and Seko Logistics have concluded a partnership agreement. The alliance, which is meant to reduce the rising cost of cross-border e-commerce for DTC brands, is also a technology agreement. While ESW will support... more
Recycling used rail ties to reach climate goal
In USA, Union Pacific Railroad (UP) and Shell are joining forces to accelerate the decarbonisation of rail transport. The companies have signed a memorandum of understanding that allows exploration and testing of several initiatives designed to help UP achieve its goal to... more