Latin America and Africa need new approach 
A new study, conducted by Economist Impact, shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in various and regionally specific ways, with companies in South America and Africa facing a more negative outlook.... more
Green Swan Partners welcomes Jamey Noland
Green Swan Partners (GSP), a Pittsburgh, PA-based venture builder, has gained Jamey Noland as partner and chief financial officer (CFO). Noland is a financial executive with experience in a broad range of financial and operational responsibilities including investment... more
Heavy-duty electric vehicle fleet expanded
The US-based forwarder Ruan has invested in an Orange EV full electric terminal truck at an operations facility in St. Joseph, MO (USA). With this addition, the haulier is expanding its heavy-duty electric vehicle fleet and further supporting a sustainable, energy efficient... more
Alpine acquires Suburban Air Freight
Alpine Air Express, a regional air cargo carrier operating throughout North America, has acquired Suburban Air Freight ("Suburban"). This strategic addition marks Alpine's second acquisition since becoming a portfolio company of AE Industrial Partners,... more
An acquisition in Canada
Michigan (USA)-based Lineage Logistics is acquiring Canada’s Versa Cold Logistics Services from Tor Quest Partners and its co-investors the Investment Management Corporation of Ontario and OP Trust. Financial details were not disclosed. Founded in 1941 and headquartered in... more
ATA chooses Megan Masitto
The American Trucking Association has hired Megan Masitto as its new chief financial officer. Masitto comes to ATA with more than 25 years of experience, primarily in service of trade associations and their affiliates. At previous employers including the National Rural... more
Start-up purchases 50 e-trucks
USA-based start-up Watt EV has placed an order for 50 Volvo VNR Electric trucks. Over the next several months, the trucks will be deployed in the company’s truck-as-a-service model (TaaS). TaaS provides shippers and carriers access to class 8 battery-electric trucks at a... more
WDS with new site in North Pacific
World Distribution Services (WDS), an affiliate of the World Group, recently secured a new 90,000 sqm distribution facility in the USA’s Pacific Northwest, giving customers an additional destination and thus more distribution options. “Developing solutions to keep freight... more
APM Terminals: Marliz Bermúdez to move to Mexico
Marliz Bermúdez, currently head of commercial for APM Terminals Latin America and based in Panama, will assume the role of managing director of APM Terminals Lázaro Cárdenas in Mexico, effective June 2022. She will replace José Rueda Salinas, who will move to managing director... more
Expanding partnership in Europe & North America
Global aviation logistics specialist Menzies Aviation has doubled the number airports where it supports LOT Polish Airlines with ground and air cargo services. The new five-year contract covers twelve airports in the airline’s global network, including key hubs at Chicago and... more