100% owner of Port Americas 
The Canada Pension Plan Investment Board will become the 100% owner of Ports America, North America's major marine terminal operator, buying more than 90% of the shares from Oaktree Capital Management. CPP Investments has been a minority investor in Ports America since 2014.... more
Special cranes for Uruguay terminals
Corporación Navios in Uruguay has introduced new cranes to handle bulk cargo on narrow piers. To serve terminals with little space, but a high workload, the company opted for the space-saving design of the fixed cargo cranes series manufactured by Liebherr. The terminal... more
Another Irish lessor taps into freighter business
Right after Avolon's entry into the freighter aircraft segment, Genesis has signed an agreement with Boeing to convert two 737-800 aircraft into freighters. The first aircraft will be ready to enter into service in spring 2022 with the second in early 2023. This move will... more
Lynn C. Fritz in Logistics Hall of Fame
US entrepreneur Lynn C. Fritz (left) will be inducted into the international Logistics Hall of Fame as the founder of logistics for humanitarian organisations. To provide better and quicker help for those affected in a crisis, he founded the Fritz Institute with his own funds in... more
Coca Cola's new shipping business
How do shippers avoid congestion today? Messages on LinkedIn by Coca-Cola procurement director Alan Smith made this brand's new policy crystal clear: ""When you can't get containers or space due to the current ocean freight crisis, then we had to think outside the box... more
Winners of the 52nd AOTOS Award
The United Seamen’s Service 52nd annual Admiral of the Ocean Sea (AOTOS) Award will be presented to David Heindel, secretary-treasurer of the Seafarers International Union of North America, AFL-CIO and chairman of the international transport workers’ federation’s seafarers’... more
Tier 4 Locomotive to operate in Pennsylvania
US class I railway Norfolk Southern has ordered the first EMD GP34ECO locomotive built for yard and intermediate operations from rolling stock provider Progess Rail. The locomotive is currently undergoing testing to meet the requirements for US environmental protection... more
Upswing for Vancouver
Vancouver marks a record year: The Canadian Vancouver Fraser Port Authority has reported its figures for H1/2021. From January to June, cargo volumes through Canada’s largest port reached 76.4 million t, up 7% compared to H1/2020, and 5% higher than the previous record mark set... more
Seafrigo revamps global organisation
Seafrigo, a Le Havre (France)-based specialist in temperature-controlled food logistics, is rolling out the Cargo Wise platform across its 19 key locations worldwide. While operations in Egypt, Australia and various points in Asia have been completed, the USA network will follow... more
Flying invitation to first Expo in Middle East
Emirates, the largest A380 operator, premier partner and official airline of Expo 2020 Dubai, has revealed a head-turning A380 livery dedicated to further carrying the global event’s messages worldwide. Even the iconic Emirates red belly branding, which can be only seen when... more