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
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