Air cargo terminal at Anchorage Intl Airport
Tiger Infrastructure Partners has acquired a controlling interest in IC Alaska Airport, which has secured a 485,623 sqm, 55-year lease at the Ted Stevens Anchorage International Airport ("ANC"). ANC is the fourth busiest air cargo airport in the world and a vital... more
EV Cargo confirms management changes
EV Cargo, the UK’s largest privately-owned logistics group, has announced a series of executive and management appointments. Palletforce chief executive Michael Conroy will head the express segment. Clyde Buntrock from Allport Cargo Services will oversee global forwarding... more
Global Shop Solutions names John Davis CTO
Global Shop Solutions, a developer of ERP software for manufacturers around the world, has named John Davis as chief technology officer (CTO). Davis joined Global Shop Solutions in 2004, and over the past 17 years has served the company in many different capacities including... more
Locomotive cuts emissions by up to 30%
Canadian National Railways (CN) is purchasing its first 100% battery heavy-haul locomotive. It is therefore partnering with Wabtec to induct its next-generation FLX drive technology, which can decrease fuel consumption and emissions by up to 30%. The anticipated efficiencies... more
Medaire founder Joan S. Garrett joins NAHF
Medaire (an international SOS company) founder and chairman Joan Sullivan Garrett was ceremoniously enshrined into the National Aviation Hall of Fame (NAHF) during the National Business Aviation Association (NBAA) conference in Las Vegas. Joan S. Garrett was inducted into... more
A mixed bag for XPO Logistics
In Q3/2021, XPO Logistics achieved its best results in revenues in the company's history to date. Revenues increased to USD 3.27 billion, up 22% compared with USD 2.68 billion in Q3/2020. Operating income however was USD 112 million for Q3/2021, down 18.8% compared with USD... more
Avianca's financial moves
Minneapolis-headquartered global alternative investment firm Castlelake, which set up Castlelake Aviation in September, has completed the sale and leaseback of six A330-200 freight aircraft to Avianca with a ten-year lease term. Francisco Raddatz, VP of fleet at Avianca:... more
A trio for Savannah
In the Port of Savannah, which is part of the Georgia Ports Authority (GPA) on the US East Coast, the three maritime players Ports America, Ceres Marine Terminals and SSA Atlantic LLC have integrated their respective container terminal, truck gate and stevedoring services under... more
Converting four ATSG 767-300 into freighters
Air Transport Services Group, the world’s largest lessor of 767-300 converted freighters, has contracted with Boeing for the conversion of four aircraft to 767-300 Boeing converted freighters (BCF). “Our continued confidence in the 767-300 platform, now coupled with the... more
International trio for green energy
In a declaration of intent released during COP26 in Glasgow, the ports of Antwerp and Zeebrugge and the Chilean ministry of energy have announced plans to transport green hydrogen between Chile and Western Europe. The package of measures includes the production of green... more