US cargo airlines: few job losses in July 2022
US airline industry (passenger and cargo airlines combined) employment decreased to 767,772 workers in July 2022, 97 (-0.01%) fewer workers than in June 2022 (767,869) and 24,732 (3.33%) more than in pre-pandemic July 2019 (743,040). US cargo airlines employed 276,128... more
Inspiring young logistics professionals
Karina Perez Perez, the finalist from Fiata’s Americas region, representing the Canadian International Freight Forwarders Association (Ciffa), is 2022’s top ‘Young Logistics Professional’.The International Federation of Freight Forwarders Associations (Fiata) and TT Club, an... more
Turkish Cargo carries Togg to Argentina
As a logistics solution partner, Turkish Cargo is contributing to the globalisation journey of Togg, one of Turkey’s most ambitious manufacturing projects. Turkish Cargo transported Togg, an electric car that is set to become one of the country’s global brands, to perform its... more
Less stress in Los Angeles
In August, container throughput at the Port of Los Angeles declined for the first time in almost two years. The port handled an estimated 806,000 teu this month, approximately 15% less than the same period in 2021. Seasonal reasons apply, as Port of Los Angeles executive... more
Air Canada opens export acceptance at YYZ cold chain...
Air Canada Cargo’s state-of-the-art cold chain facility at Vancouver airport (YVZ) will launch its new export acceptance area today, 19 September 2022. With almost 2,800 sqm of end-to-end temperature-controlled shipping and storage, the upgrades include: An x-ray machine... more
American Airlines Cargo names new president
American Airlines Cargo has appointed Greg Schwendinger to the role of president, effective 3 October 2022. The announcement follows the departure of Jessica Tyler in May, who moved to another leadership role in the airline. Schwendinger comes from a strong airline and... more
Energy as a critical factor
Pursuing a four-pronged strategy to transform energy use and to reduce emissions. CMA CGM is seeking to link the transition to new propulsion and fuel options with its decarbonisation strategy. Over the next five years the carrier is set to pour USD 1.5 billion into research... more
Austria goes USA
It's long after Arnold Schwarzenegger's time. The Austrian company Berger Logistik is taking over the US freight forwarding company Super T Transport, headquartered in Idaho Falls, Idaho. The US player specialises in temperature-controlled transports. The parties have agreed... more
Fresh cash for Xeneta
Xeneta, an ocean and air freight rate benchmarking platform headquartered in Oslo, has completed another investment round. USD 80 million were raised by Apax Digital, the growth equity arm of Apax, with participation from New York-based Lugard Road Capital. This investment... more
XPO Logistics picks Jamie Harris
Jamie Harris has been appointed chief financial officer of RXO, the planned spin-off of XPO’s brokered transportation platform. He will join XPO as CFO of the North American transportation division, effective 26 September 2022, and will lead RXO’s finance operations when the... more