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
Memphis CBP seizes ancient Egyptian artifact
Almost one month ago, US Customs and Border Protection (CBP) officers at the port of Memphis, TN, intercepted an ancient Egyptian artifact shipped from Europe. The shipment was manifested as an antique stone sculpture over 100 years old and sent from a dealer to a private buyer... more
Aspiring to new heights
Six Boeing B777 conversion lines in Fort Worth. The market isn’t providing as much new maindeck capacity as is needed in the medium term, which is attracting more maintenance companies to convert passenger aircraft into full-freighters (P2F units). A new US service provider has... more
100 candles for US short-line railroad
The Mississippi Export Railroad (MSE) is celebrating 100 years of service to the Gulf Coast region. Since 1922, the US short-line railroad has played a vital role in developing many businesses along the Mississippi and Alabama Gulf Coasts.The 70 km railway line extends from... more
New strategy VP for Halifax port authority
Sara Colburne is joining the Halifax port authority as the vice-president of its strategy and transformation activities. She'll oversee government and stakeholder relations, sustainability, communications and marketing.Colburne has worked with innovation founders, CEOs and... more
Port luck for Buenaventura
Colombian port welcomes new lines and new investors. Maritime links between the Far East and Latin America have once more improved, thanks to Yang Ming, Wan Hai and PIL, amongst others. North American investors, in turn, have spotted the potential around the Panama Canal on the... more
Growing in the health care sector
DHL Supply Chain has acquired pharmaceutical and healthcare logistics specialist New Transport Applications (NTA). With more than 20 years of experience in the Mexican market, NTA is a recognised industry player serving more than 80 customers with services that include the... more