Hapag-Lloyd strengthens presence in Latin America 
Chile-based Saam, a multinational corporation providing services for trade through four divisions (port terminals, towage, inland logistics and air cargo logistics), has signed a binding agreement with the German liner shipping company Hapag-Lloyd for the sale of 100% of the... more
Indian newcomer shows cargo ambitions
Akasa Air and Smartkargo have entered a partnership that will digitally enable the launch and growth of the airline’s new cargo business. The Indian-based airline will deploy the Smartkargo solution in all functional areas of its cargo business, serving all its destinations in... more
Stronger throughput in European ports
In August 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 127.4 points from the 126.5 points (seasonally adjusted) registered the month before, according to... more
West Hutchison named CEO
Vertical Cold Storage, a developer and operator of temperature controlled distribution centres, has named West Hutchison president and CEO. Hutchison most recently was senior vice president of network optimisation/M&A for Lineage Logistics. Prior to that, he was partner... more
Transpacific services suspended
Geneva-based Mediterranean Shipping (MSC) is discontinuing an entire service due to reduced traffic on transpacific waters, as a "temporary" measure, the shipping line said. The Sequoia service is operated as part of the 2M Alliance jointly with Maersk's TP3 loop.... more
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