SFL opts for two new feeders
The SFL Corporation, an owner and charterer of cargo ships, is acquiring two new eco-design feeder container vessels in combination with long term time charters to a major European liner company. The company expects to take delivery of the vessels from the shipyard in Q3/ and... more
Investment in Manatee's infrastructure
The US department of transportation (DOT) has awarded a federal grant of about USD 12 million to enhance container yard facilities at the Florida-based Sea Port of Manatee on the Gulf Coast. Thus, the port is to run one of the 26 projects for which a total of USD 1.5 billion... more
ANA: faster insights with artificial intelligence
All Nippon Airways (ANA) will be the launch customer for Boeing's Insight Accelerator (IA), a new cloud-based digital solution employing artificial intelligence to improve operational efficiency and avoid high impact service disruptions. While the latest generation of... more
Cargo-Partner: Viva Mexico!
Cargo-Partner has opened a new branch office in Mexico City. The company set up its first representation in Mexico in September 2021 with an agents’ liaison and key account support office in Puebla, serving one of its key customers from the automotive industry. The new... more
Aapa expands government relations team
The American Association of Port Authorities (Aapa) — the unified voice of seaports in the Americas — is welcoming Jen Armstrong and Matt Wiggins to manage Aapa's navigation policy and infrastructure portfolios, respectively. Armstrong will oversee seaport waterside... more
Slump across the board?
Reuters reports that Fedex lost approximately USD 12.5 billion in market capitalisation after it withdrew its original financial forecast on 16 September 2022 and predicted a USD 500 million drop in turnover for 2022. However, some bank analysts did not agree with Fedex’s... more
Continuing to catch up
Iata ranks leading cargo airlines post Covid-19. Iata’s member airlines improved their air cargo performance when measured in ftk by approximately 18.7% last year, compared to 2020. The improvement vis-à-vis the previous (pre-pandemic) year stood at 6.9%. Some airlines are still... more
Moving to a new site in San Diego
In San Diego, DHL has moved to another facility which is about double the size of the previous location. The integrator spoke of an investment of USD 22 million. The service centre, which is near San Diego International Airport (SAN), is currently the company’s third-largest... more
Kimberly-Clark appoints Tamera Fenske
Kimberly-Clark Corporation has appointed Tamera Fenske to the role of chief supply chain officer, effective 19 September 2022. Fenske will have global responsibilities for procurement, manufacturing, logistics, transportation, safety, and sustainability, as well as the... more
Plans for intercontinental capacity clarified
PSI Air 2007, a Philippine airlines that began flying in 2020, has acquired its first widebody jet, a B777F, to be used in launching in-house intercontinental cargo flights. In its application to the US department of transportation for exemption authority and a foreign air... more