Big investment for Panama 
It's a big deal: Notarc Management Group (NMG), a Latin American-focused private investment and asset management firm, which launched its Panama Development Fund (PDF) last year, is going to acquire and accomplish the Panama Canal Container Port (PCCP), a USD 1.4 billion modern... more
Cargo is worth the risk of congestion
Is it due to its experienced cargo GSA Kales Group, that soon to be launched Norse Atlantic Airways has changed its initial plans? The low-cost transatlantic start-up headquartered in Arendal, Norway, will operate its first commercial flight from Oslo to New York on 14 June... more
On the way to a fleet of 150,000 containers
Demand for intermodal services in USA has grown significantly in recent years. Now, J.B. Hunt and BNSF Railway are launching a joint effort to substantially improve capacity in the intermodal marketplace. J.B. Hunt plans to grow its intermodal fleet to as many as 150,000... more
The return of the idle fleet?
According to the Swedish maritime platform provider Xeneta, carriers are starting to "balance demand and capacity to protect rates." A capacity reduction of 517,300 teu - or 25% of the initial capacity offering - was witnessed on the Far East to US West Coast corridor... more
CBP officers confiscate live contraband
CBP Agriculture Specialists found something unusual while examining an air mail shipment declared as "earphones" arriving from Malaysia. When they opened the box, they discovered 26 vials containing live centipedes concealed in earphone cases. The CBP officers had... more
First carbon neutral salmon routes
Salmon producer Mowi Chile will implement the first carbon neutral salmon routes through Latam Group’s “Fly Neutral” compensation programme. The agreement between Mowi Chile and Latam Cargo will allow the salmon farmer to compensate approximately 13% of its total CO2 emissions,... more
XPO Logistics promotes Drew Wilkerson
XPO Logistics, a global provider of freight transport services, has promoted Drew Wilkerson to CEO of its planned spin-off of its tech-enabled brokered services platform. Wilkerson is a transportation industry veteran with 14 years of leadership experience in brokerage... more
Falko swallowed by Chorus
Chorus Aviation has completed its acquisition of Falko Regional Aircraft, as announced on 27 February 2022. The aim is to transform the Canadian company into a premier full-service provider in regional aviation with capabilities to maximise value at every stage of an aircraft’s... more
Hellmann chooses Julia Nolf
Family-owned logistics service provider Hellmann Worldwide Logistics has appointed Julia Nolf as its new chief commercial officer (CCO) for the Americas region. In her new role, she oversees sales, business development, marketing, and account management across North and Latin... more