ID Logistics US picks William Parramore
ID Logistics has named William Parramore as managing director of ID Logistics USA. He has 25 years of experience logistics and supply chain and holds an MBA in business/managerial economics from Paris Dauphine University. In 1996, Parramore joined Geodis and became vice... more
First autonomous electric pod system in service
Swedish freight technology specialist Einride and GE Appliances (GEA) are working together to implement electric and autonomous transport at scale. It will be the first time an autonomous and electric truck will be operating on American soil, the companies said. The... more
Flowfox links up with DCSA
The Digital Container Shipping Association (DCSA) was founded in 2019 as a joint effort of carriers to support the development of global, digital standards in shipping. Now, Flowfox is starting to work with DCSA on the import container release. The Hamburg-based logistics... more
John Nardi (NYSA) named Person of the Year
John Nardi, president, New York Shipping Association (NYSA), has been named the 2022 Person of the Year by the New York/New Jersey Foreign Freight Forwarders and Brokers Association (NYNJFFFBA). A 38-year maritime industry veteran, John Nardi was appointed president of NYSA in... more
A good Echo from the market
Chicago-based and Nasdaq-listed Echo Global Logistics has reported its financial results for Q3/2021. In September, Echo entered into a definitive merger agreement to be acquired by funds managed by The Jordan Company, a global private equity firm. Revenues in Q3/2021... more
Maersk's affiliate turns 150
Precisely on this day 150 years ago, the Hamburg-Südamerikanische Dampfschifffahrts-Gesellschaft – better known as Hamburg Süd – was founded in Hamburg by German and English business men, as the successor of the 1869-founded Hamburg-Brasilianischen Dampfschiffahrts-Gesellschaft.... more
Aercap acquires GE Capital Aviation Services
As announced in our March issue, Aercap Holdings (“Aercap”) (NYSE: AER), a global specialist in aircraft leasing, has completed its acquisition of the GE Capital Aviation Services business (“Gecas”) from General Electric (NYSE: GE). The acquisition positions Aercap as the... more
Forward to the biggest hydrogen-powered fleet
Canadian Pacific (CP) is receiving a USD 15 million grant from the non-profit-organisation Emissions Reduction Alberta (ERA), which will dramatically expand the scope of its pioneering hydrogen locomotive programme. CP will increase the planned number of hydrogen locomotive... more
ATC Aviation assists ITA Airways' cargo business
ATC Aviation Services started its partnership with ITA Airways on 15 October. The globally active GSSA will be responsible for the cargo sales promotion and marketing activities of Italy's new national carrier in Canada, Chile, Colombia, Ecuador, Germany, Peru, South Africa,... more
Cargo Force: four new facilities for USPS
Cargo Force is opening four new facilities in USA to facilitate mail and express mail services in partnership with United States Postal Service (USPS) after signing a USD 100 million seven-year contract. The new hubs, located in Seattle, Washington; San Diego, California;... more