Call for urgent action to cap fuel prices
Global oil prices, reaching their highest level since 2008 this week, are set to climb even higher amid continuing instability and sanctions related to the Ukraine crisis, the International Road Transport Union (IRU) anticipates. The organisation now calls for urgent... more
Tiaca welcomes six new members
The trustees of the International Air Cargo Association (Tiaca) have elected six new members to serve on the board of directors. The new board members, all industry veterans from the airport, airline and handling sectors, are: Kai Domscheit, CEO of CHI Deutschland Cargo... more
First flower forum at Air Cargo Americas
Fresh off the busy Valentine’s Day flower import peak season, Miami International Airport (MIA) and Brussels airport hosted the first-ever fresh and flowers forum on 9 March 2022 during the Air Cargo Americas/Supply Chain Americas Show Conference, where experts from both cargo... more
Diesel pricing in frenzy
According to data published by maritime intelligence provider Vessels Value, the price for diesel continues to rise. Since the outbreak of the war in Europe on 26 February 2022, the MR Atlantic Basket (an average of freight rates on key routes in the Atlantic Basin) climbed... more
KF Aerospace leases a B737-400SF to Mesa Airlines
KF Aerospace has delivered its converted B737-400SF to USA-based air carrier Mesa Airlines. The aircraft had received a complete maintenance programme and passenger to freighter conversion at the KF Aerospace MRO in Kelowna, BC. The conversion included the installation of an... more
Deutsche Post DHL group is in heaven
In 2021, Deutsche Post DHL Group generated revenues of EUR 81.7 billion, an uptick of 22.5% compared to 2020. Earnings almost doubled to EUR 8.0 billion (2020: EUR 4.8 billion) and the ebit margin increased to 9.8% (2020: 7.3%). Consolidated net profit after deduction of... more
"No soup for you," says CBP
The shipment may have been manifested as chicken vegetable soup, but Philadelphia US Customs and Border Protection (CBP) officers soon realised that the brothy bouillon before them was canned criminal consommé. While inspecting international express delivery parcels, CBP... more
Interline service from Mexico to Chicago launched
In partnership with Kansas City Southern (KCS), Canadian Pacific Railway (CP) recently launched the first dedicated international intermodal train between Lazaro Cardenas in Mexico and Chicago in the US Midwest. This first train was born out of the need to avoid excessive delays... more
Vygon takes over distributor in Peru
France-based Vygon, a global medical devices group, has acquired Macatt Medica, a distribution company headquartered in Lima (Peru). Founded in 1997, Macatt Medica has been distributing the majority of Vygon’s products, including a wide range of enteral nutrition products,... more
Planning to test electric mining truck
Teck and Meda Tech will begin piloting a fully electric on-highway transport truck to haul copper concentrate in Canada in summer 2022. The start of the trial will mark the first use of a battery-electric truck to transport this raw material worldwide, the two companies said.... more