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
C&L Aerospace partners with Legends Airways
C&L Aerospace, a C&L Aviation Group company, has signed a multi-year agreement with Legends Airways to provide power-by-the-hour services for its fleet of Saab 340 B+ cargo aircraft. Along with PBH, Legends committed to a supply agreement that includes rotables, engine... more
Intercontinental dwell times increased
In its recent analysis, Chicago-based software developer and intelligence provider Four Kites reports that reliability in shipping has again deteriorated over the last year. In total, the average dwell time at the port of discharge (POD) is 240 hours (up 6% from the 2021... more
US railroad invests in automated trucking
Union Pacific Railways (UP) will become the first customer to move freight on Tu Simple’s fully-automated trucking route between the Tucson and Phoenix (AZ) metro areas. UP is leveraging Loup Logistics (Loup), a wholly owned subsidiary, to coordinate freight shipment and... more
First Atlantic crossing for “The Little Prince”
“The Little Prince” – one of the world’s best-selling books – was written in the USA in 1942, before author Antoine de Saint-Exupéry left to fight in North Africa in 1943. The original manuscript of the book was sold to the Morgan Library & Museum and never crossed the... more
Houston excels in container throughput
The Texan Port of Houston's throughput in 2021 amounted to almost 52 million t in total. The port’s previous record cargo tonnage (48.2 million t) dates back to 2019. 3.5 million teu were handled, a 15% increase compared to 2020 when Port Houston’s container teu passed the... more
C.H. Robinson all over the ocean
3PL C. H. Robinson has released its full-year results for 2021: revenues went up by 42.5%, amounting to USD 23.1 billion. Operating income grew almost to the same extent, with a 37.8% uptick to USD 1.08 billion. Yet, profit margin rose only slightly from 4.15% in 2020 to 4.68%... more