Dave Clark to leave Amazon for Flexport
Dave Clark will become CEO of Flexport and join the members of the board on 1 September 2022. He will share his position with Ryan Petersen, Flexport’s current CEO, for the following six months. Petersen will then step into an executive chairman role, leaving Clark to be the... more
Container price trend in May
The maritime intelligence provider Container x Change reports that, for the first time this year in May, the average container prices globally have soared month on month. The rise was at an average of 5.4% (from USD 2,207 to USD 2,330) for the teu and by 15% (from USD 3,800 to... more
Rising potential in Argentina
The capital is hungry, but the means are there. A recent technical study published by Argentina’s National Technological University (NTU) revealed that ports in La Plata and Dock Sud can fully support container volumes and the flow of trade in the metropolitan areas of Greater... more
Two of four Triple Seven already touch down
CMA CGM Air Cargo took delivery of its second Boeing 777 freighter earlier this week, after the reception of its first B777F on 31 May. These planes both come from the order placed last year. The purchase was the first direct order since the CMA CGM Group announced the... more
Modern equipment improves intermodal performance
Alliance Shippers is enhancing its refrigerated intermodal operations in North America with Carrier Transicold’s telematics solution and new refrigeration units. The telematics solution is being installed on all 1,500 of its 53-foot trailers for remote monitoring of all its... more
United joins forces to fly formula
United Airlines is becoming the first major airline carrier to donate flights to ship baby formula from abroad to USA. Starting today, 9 June 2022, the carrier will import over 135 t of infant formula from London, which will be distributed and available for purchase at retailers... more
Tiaca welcomes two new members
The International Air Cargo Association (Tiaca) has appointed two new members to its board of directors. Priscilla Bueno, Craft Group and Joseph Lawrence, Airline Services International are expected to a fresh perspective from the forwarding and GSSA sectors. Priscilla... more
A single parcel not worth USD 22.59 million
Over 90% of all US Customs and Border Protection (CBP) counterfeit seizures occur in the international mail and express consignment environments, and last Thursday, 2 June 2022, was no exception. CBP officers in Louisville seized 584 counterfeit designer watches that arrived in... more
Revised Caribbean-Mediterranean connections
The French carrier CMA CGM is reshuffling its weekly service between the Mediterranean, the Caribbean and the West Coast of Latin America. There will be new calls at the ports of Buenaventura, Paita, Posorja and Guayaquil. The rotation will be updated as follows: Algeciras -... more
First of four Boeing 747-8 freighters for Atlas Air
Atlas Air, a subsidiary of Atlas Air Worldwide Holdings, has taken delivery of a Boeing 747-8 freighter, which will operate on behalf of its customer Cainiao, the logistics arm of Alibaba Group, as part of a previously announced long-term agreement. The aircraft will increase... more