Azul picks ECS Group member for its US business 
Globe Air Cargo, the Miami-based US subsidiary of the ECS Group, is now responsible for all cargo sales and administrative services connected to Azul’s US business and will assist the Brazilian carrier with flight operations. Azul operates an A330 passenger and... more
Topocean under a new flag 
Kerry Logistics is taking over Topocean Consolidation Service in Los Angeles, which is owned by Robert Chin Yang Wang and Andy Hsien Cheng Wang. Topocean specialises in international freight forwarding and logistics services. Kerry has agreed to acquire initially 70% of the... more
Direct Connect goes for Performance
It is an American marriage: Indianapolis-headquartered 3PL Direct Connect Logistix (DCL) is acquiring Utah-based company Performance Logistics. The financial terms of the transaction were not disclosed. Performance Logistics, a third-party logistics company specialising in... more
The sky’s the limit
Qatar Airways places largest single full-freighter order ever with Boeing. more
Coface predicts slow pace in 2022
The insurance group Compagnie Française d'Assurance Coface recently published its business barometer, analysing the risks and opportunities lying ahead in 2022. Although economic recovery will continue, "Omicron has highlighted the unpredictability of the pandemic and... more
Expeditors still under fire
The Seattle-based logistics and freight forwarding group Expeditors International is still feeling the impact of a recent cyberattack. The incident led to a partial shutdown of activities on a global scale. The company said that it will cover all expenses for investigating... more
Re-imagining mid-mile cargo transport
MightyFly, an autonomous air cargo carrier, has performed successful autonomous flights of its MF-100 autonomous aircraft in the Bay Area. The MF-100 autonomous aircraft has a cargo capacity of 45 kg and a flight range of 1,126 km. The flights included successful autonomous... more
Stopgap or new approach?
Retailers in the USA charter transport space most frequently. more
Atlas Air expands partnerships
Atlas Air, a subsidiary of Atlas Air Worldwide Holdings and Cainiao Network (“Cainiao”), the logistics arm of Alibaba Group, are expanding their strategic partnership by adding a new Boeing 747-8 freighter under a long-term agreement to increase capacity on routes between China... more
GXO's ambitious outlook
GXO, the logistics spin-off of XPO listed at the stock market, has reported its results for 2021. For the full year, revenues increased to USD 7.9 billion, a rise of 21.5% compared to the USD 6.2 billion achieved in 2020. The company reported adjusted ebitda of USD 611... more