An investment of USD 23 billion?
According to Reuters’ sources, the biggest bid for a takeover in real estate is underway. Prologis, currently the global developer and owner of logistics property with the largest warehouse portfolio worldwide, was said to have launched a bid to buy Blackstone's division of... more
Haulier to receive access to Class 8 e-trucks
American startup Watt EV has placed an order for 50 Volvo VNR Electric trucks. Over the next several months, the trucks will be deployed in Watt EV’s Truck-as-a-Service model (TaaS). TaaS provides shippers and carriers access to Class 8 battery-electric trucks at a per-mile... more
More Californian container handling
The Port of Long Beach and the Port of Los Angeles have delayed their consideration of the “container dwell fee” until 25 March - and probably further. Still, the San Pedro Bay ports – Long Beach and Los Angeles combined – have seen a 64% decline in aging cargo on the docks... more
Eric Green's leadership at Jaxport is paying off
The Florida Times-Union editorial board has recognised Jacksonville Port Authority (Jaxport) CEO Eric Green for his leadership in growing Jacksonville’s seaport over the last five years, including the port's continued success amid global supply chain disruption created by the... more
Vancouver airport finds new partner
Vancouver International Airport (YVR) has selected Cushman & Wakefield as its exclusive advisor to secure a partner to invest, complete construction and lease-up of a 27,871 sqm facility near the airport’s main terminal. The facility was initially designed to create... more
TCS Worldwide now offers charter solutions
February 2022 marked the celebration of the first anniversary of TCS Worldwide. Started as a time-critical service provider, offering onboard courier services, the company has expanded its expertise with dedicated drives (incl. aircraft engines) intra-Europe and performed their... more
American P&I Club: major changes at the helm
On 1 August 2022, Joe Hughes will stand down from his role as CEO of Shipowners Claims Bureau (SCB), the managers of the American P&I Club, after 27 years of service. Dorothea Ioannou, currently deputy chief operating officer of SCB, will succeed Hughes as CEO from that... more
Westjet Cargo and GTA Group expand partnership
Westjet Cargo and the GTA Group are entering a long-term partnership to support the expansion and growth of domestic cargo opportunities for both businesses. Beginning in 2022, Westjet Cargo will partner with the GTA Group to increase shipping capacity using four dedicated... more
Alaska Air welcomes Amy Wilson and Mike Narowski
Amy Wilson has been appointed regional cargo sales manager, Pacific Northwest and Mountain. She is a valued Alaska Air Cargo team member who has supported the national cargo accounts for more than a decade. Wilson is based in Seattle. Mike Narowski has been promoted new... more