Rail district for California’s Central Valley 
In USA, the Merced County board of supervisors has approved an agreement with Patriot Rail to establish a rail district at Castle in the heart of California’s Central Valley. The USD 1.2 million rail district will enhance the ability of agricultural producers, manufacturers... more
Jetstream and TAM continue cooperation
Täby Air Maintenance (TAM) has delivered its 25th Saab 340 Cargo Conversion, a 340B with msn 336. The aircraft was brought to Jetstream Aviation Capital of Miami, FL which is also launch customer for the new Saab 2000 cargo conversion programme that the Swedish company revealed... more
More North America for Maersk
A.P. Moller-Maersk will buy USA-based Pilot Freight Services from ATL Partners, a sector-focused private equity firm in New York and British Columbia Investment Management Corporation (BCI) in Canada. The transaction will cost USD 1.68 billion. After Performance Team (PT)... more
Fedex Express boosts capacity
Fedex Express is launching a new flight from UK to USA, boosting capacity for UK exporters requesting next-day deliveries to the world’s largest economy. The flight, operated with a Boeing 777, offers customers more transatlantic parcel and e-commerce capacity, adding... more
Boeing buys two million gallons of SAF
Boeing has announced a supply agreement for two million gallons (7.5 million litres) of blended sustainable aviation fuel (SAF) with Epic Fuels to power its commercial airplanes operations in Washington state and South Carolina through 2022. The agreement is the largest... more
Australia Post completes leadership team
Australia Post group CEO and managing director Paul Graham has completed his new leadership team, following his first four months in the job, in which time he has listened to feedback from customers and stakeholders in the network, as well as team members.The executive team will... more
Aemli 2022 – China and India retain top spots
China and India held their No. 1 and 2 ranking in the ‘2022 Agility Emerging Markets Logistics Index’ (Aemli), the company’s 13th annual snapshot of industry sentiment and ranking of the world’s 50 leading emerging markets. The UAE, Malaysia, Indonesia, Saudi Arabia, Qatar,... more
Aerovista to enter cargo business with Petrus
Aerovista, a global aviation asset manager and lessor based in Dubai (UAE), has entered into a partnership with Petrus Aviation, a US provider of aviation financing from Dallas TX, for the former’s A321 freighter conversion project. Aerovista chairman and managing director... more
Almost 1 billion for Flexport
San Francisco-based Flexport, a technology platform and digital forwarder, has closed a USD 935 million series E funding round. Investors include Andreessen Horowitz and MSD Partners. In addition to existing partners DST Global, Founders Fund and Softbank Vision Fund, new... more