LAX marks its most valuable month ever
In June 2022, Los Angeles International Airport (LAX) trade by value totalled USD 8.86 billion in imports and USD 6.07 billion in exports. The total of USD 14.9 billion is a single-month record, a 22.9% increase over June 2021 (and 16.6% more than in May 2022). For H1/2022,... more
Analysts expect seafreight volumes to fall
Copenhagen-based maritime analyst Sea-Intelligence sees reasons to assume that the demand-led spikes seen during the pandemic that propelled container shipping to record earnings might be over. Sea-Intelligence has gone over the numbers on supply and demand from February... more
First “Together Green Global Hero”
DHL and the ABB FIA Formula E World Championship completed Season 8 earlier this month at the Hana Bank Seoul E-Prix in South Korea. At this occasion, they announced the winner of the first DHL & Formula E together green award: Monica de Russis from “Amigos en el Camino”... more
Mountain Air Cargo to add ATR72-600 freighters
Mountain Air Cargo (MTN, Kinston) is planning to add one ATR72-600F to its fleet for use in interstate and foreign charter cargo operations under contract with US logistics giant Fedex Express (FX, Memphis Int'l), according to a regulatory filing by the US department of... more
Unveiling the P2F conversion programme
At a media event and celebration last week, Wichita State University’s National Institute for Aviation Research (Niar) Werx and Erickson Precision Ventures unveiled their first collaborative passenger to freighter (P2F) conversion programme of an Airbus 321. In May, the duo... more
Recovering relatively well
Chinese ports provide global economy with renewed impetus. Although the overall situation concerning congestion has eased somewhat, all that glitters still isn’t gold in Chinese ports. Although volumes are rising, especially in exports, the figures from before the shutdowns... more
Becker Logistics appoints new CTO
Becker Logistics, a third-party logistics company based in Glendale Heights (IL), has appointed Jamie Weldon as new chief technology officer (CTO). He is the second C-level employee to be brought onto the team within the last two years. The last C-suite was filled in 2021 when... more
Omnitrax serving Port of Catoosa
US rail company Omnitrax has been selected as the exclusive rail partner for the Tulsa Port of Catoosa, Oklahoma (USA). The long-term rail operator partnership became effective on 18 August 2022. The agreement provides an efficient, central hub to reach local, Midwest and... more
Stord welcomes Tom Barone
Stord, a cloud supply chain provider, has appointed Tom Barone as its first president and chief commercial officer. He brings seasoned industry leadership to Stord, with more than 20 years in the e-commerce industry—including senior executive roles at CommerceHub, Radial... more
Metro Supply Chain picks Chris Fenton
Canada-based Metro Supply Chain, founded in 1974, has appointed the highly experienced supply chain expert Chris Fenton to the role of president and CEO, effective 17 August 2022. Fenton will head Metro Supply Chain’s business operations and growth strategy. Fenton has... more