Air Century implements Champ’s TGS
Air Century is implementing Champ Cargosystems’ Traxon Global Security (TGS) solution to meet the US Customs and Border Protection (CBP) Acas security requirements. TGS is a regulatory compliance service and platform that operates like its cousin Traxon Global Customs (TGC),... more
Integrator launches Roissy hub
Fedex Express recently launched its new facility at Roissy-Charles- de-Gaulle airport (CDG) in France. Since 2020, the Americans have invested EUR 220 million in CDG to create their largest hub outside their home territory. In the southern part of the site, Fedex has opened... more
Singapore investment in US-American player
The New York-based private equity firm Greenbriar is selling one of its assets to PSA International, a port and terminal operator headquartered in Singapore. Based on the agreement, 100% of the shares of privately-held BDP International change hands. The transaction is... more
New waybill requirements for Mexico
The Mexican tax authority (Servicio de Administración Tributaria) has mandated waybill requirements, referred to as Carta Porte, for all traffic destined to, shipped from, or travelling within Mexico and applicable for all loaded, revenue empty and dangerous/hazardous residue... more
First flight of Textron's "Denali"
Textron Aviation's Beechcraft Denali, the US manufacturer's new single-engine turboprop with a more sustainable engine that burns up to 20% less fuel than older turboprop technologies, took to the skies for the first time last week. The milestone first flight is a major step for... more
Four new airline customers for Taiwan's Egac
Effective today, 1 December 2021, Evergreen Air Cargo Services Corp. (Egac) will begin providing cargo handling for United Cargo at Taiwan Taoyuan International Airport (TPE). Egac is a ground handling company offering a wide range of air cargo services with experience... more
China's performance balancing world trade
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose from 122.3 points (seasonally adjusted) to 123.3 points in October, according to the current flash estimate. The Chinese... more
AGI expands handling capacity at PIT
Alliance Ground International (AGI) is expanding its operations at Pittsburgh International Airport (PIT), Pennsylvania, USA, with new ramp and warehouse operations from December 2021. AGI is recruiting up to 40 new members of staff to operate services through a 2,323 sqm... more
A closer look at financial highlights
It is well known that carriers are currently experiencing a boom with sky-rocketing financial results. The Copenhagen-based maritime consultancy Sea-Intelligence has analysed the financial and volume performances of the major carriers in Q3/2021. Due to record-high freight... more