World trade starting to feel it
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) showed a decline in February 2022, decreasing clearly from 120.7 points (seasonally adjusted) to 117.1 points, according to the... more
AGI opens building 22 at JFK
AGI has opened its newest location. Building 22 has been in the JFK market for nearly 25 years, first opened by United Cargo in 1997. Working with the port authority of New York and New Jersey, AGI took possession of the building in late autumn 2021 and began preparing it for... more
South Carolina Ports going strong
Record volumes keep coming at South Carolina Ports. According to the port authority's statistics, the ports handled 230,000 teu at Wando Welch Terminal, North Charleston Terminal, and Hugh K Leatherman Terminal in February 2022, a rise of 26% compared to February 2021.... more
XFret wins air cargo sustainability award
XFret has been announced as the winner of the start-up/small business category of the 2021 air cargo sustainability awards. The company will receive a cash prize of USD 10,000 and the two runners-up, Mission Go and Waves, will receive USD 2,500 each. The winner was selected... more
Connecting Hong Kong and São Paulo via Angola
Taag Angola Airlines launched a regular cargo service between Hong Kong and São Paulo via its Luanda hub in mid-March. The twice-weekly flights, operated by a B777-200ER all-cargo aircraft, provide up to 41 t of cargo capacity for the Chinese company JDL Express. According... more
Digital booking now available on Air Canada Cargo
Air Canada Cargo capacity will now be available to forwarders on Webcargo, an e-booking platform that allows real-time pricing and booking for customers. Air Canada Cargo has continually invested and adapted despite the impact of the Covid-19 pandemic, with the acquisition... more
Intermodal business changes hands
STG Logistics has acquired the North American intermodal division of XPO Logistics for about USD 710 million. The division was formed after XPO’s purchase of Pacer in 2014 and Bridge Terminal Transport in 2015. The acquired XPO intermodal division is North America’s third... more
Vancouver keeping the balance
The Port of Vancouver’s cargo throughput showed a moderate increase of 1% from 145 t in 2020 to 146 million t in 2021. The Vancouver Fraser Port Authority thus stood the test of the ongoing pandemic and extreme weather events last year. Over the year, a peak in container and... more
300 e-trucks for green hauls in North America
In North America, A.P. Moller-Maersk is adding 300 electric trucks from Einride to its network, in the largest heavy-duty electric truck deployment to date. The trucks will be delivered from 2023 to 2025 and used for warehousing, distribution and transport business in North... more