DB Schenker joins forces with USA Truck
Germany-based multimodal transport specialist DB Schenker is acquiring all outstanding shares of USA Truck for a total of USD 435 million. The combination advances the two company’s shared vision to become the premier North American transportation solutions provider, DB Schenker... more
Support for modernising India’s railways
The World Bank’s board has approved a USD 245 million loan to support India’s efforts to modernise railfreight and logistics infrastructure. The rail logistics project will help India shift more traffic from road to rail, making transport—both freight and passenger—more... more
Six more converted freighters, please!
Aeronautical Engineers (AEI) will provide Austin-based, Aero Capital Solutions (ACS) with six additional B737-800SF freighter conversions. Upon completion of this new order, ACS will have a total of 40 AEI B737-800SF freighter conversions in its fleet. ACS placed its first order... more
2022 Connie Award in Long Beach, CA
Joseph S. Gregorio Sr., CEO and chairman of Pacific Crane Maintenance Corporation, (PCMC), has been named recipient of the 2022 Connie Award, which will be presented by the Containerization and Intermodal Institute (CCI) on 14 September 2022. In addition, Captain Lynn Korwatch... more
How many containers lost at sea?
The World Shipping Council (WSC) recently published its ‘Containers Lost at Sea Report’, covering 2020-2021. Approximately 241 million cargo loads in containers were handled by international carriers last year. The analysis shows that containers lost overboard represent less... more
Seko Logistics further expands leadership team
Seko Logistics has confirmed two new appointments to its international leadership team: Steen Christensen joins Seko in the new role of COO – International, while, in Sydney, Paul Good takes over as managing director, Australia. Texas-based Christensen has enjoyed a 30-year... more
From A(irstream) to Z(imex)
Airstream International Group, a provider of aircraft remarketing services headquartered in England, has recently arranged the resale of three ATR72-212 freighter aircraft on behalf of Hawaiian Airlines, the US carrier having definitively stopped its inter-island cargo... more
Seven Star-ISMS for Astral Aviation
The Star Navigation Systems Group has signed a sales agreement with Astral Aviation of Kenya to purchase seven units of the Star-ISMS (in-flight safety monitoring system) for seven of its cargo fleet, with an option of a further three aircraft in the next twelve months. The... more
Saint John is on
Canada’s Port Saint John moved almost 87,000 teu in 2021. All in all, cargo volumes handled at the port totalled 28.8 million t in 2021. This an improvement of 11% compared to 2020. Saint John's revenues rose to CAD 22.3 million (USD 17.6 million), 26% up from CAD 16.5 million... more
Fedex promotes Brie Carere
Fedex has promoted Brie Carere, chief marketing and communications officer, to first chief customer officer. She also was named co-president and co-CEO of Fedex Services, a role she will share with Rob Carter, executive vice president and chief information officer. Since... more