More money for Nyshex
Nyshex witnessed another funding round with an additional USD 15 million. The money came from existing investors. The investment was led by New Road Capital Partners, along with Collate Capital, Blumberg Capital and the New York Angels. The platform's technology is used by... more
Making it big in Kentucky
It is indeed a big addition to the network. Amazon's new hub in Northern Kentucky features a 244,000 sqm-sortation facility built on a campus that includes seven additional buildings, a new ramp for aircraft parking and a multi-storey vehicle parking structure. The company... more
Big purchase for Pilot Freight Services
Pilot Freight Services, a global logistics services provider which was founded in Philadelphia in 1971 and bought by Phillips in 1993, has acquired the American Linehaul Corporation (ALC), a non-asset based provider of expedited LTL (less than truckload) services in the United... more
Growing in Central America and Australia
John Menzies has agreed to acquire 51% of Interexpresso Costa Rica which will see the company's footprint expand in Central America. Interexpresso's core business relates to cargo handling and aviation security services (cargo document handling, cargo security screening and... more
Increasing operating capacity in Ontario
Manitoulin Transport is opening a new terminal in Peterborough, Ontario (Canada). The facility will increase operating capacity by more than 30%, supporting the company’s effort to provide more direct service coverage. Additional staff will be hired to manage increased volumes.... more
Strike becomes Air Vistara's GSA in USA
Air Vistara and Strike Aviation USA have signed a general sales agency agreement covering the Indian carrier's impending flights between New York EWR to New Delhi. Having been granted the required traffic rights, Air Vistara will operate B787-900s with 22 t of cargo capacity... more
More "Kars" in Peru
KAR Logistics Perú (KAR Peru), a 50-50 joint venture company of Kawasaki Kisen Kaisha, (K Line) and Agencias Universales Perú (Agunsa Peru), has entered into full scale automobile logistics business around Lima, Peru in June 2021. Expectations for a post-Covid boom in the... more
New link from Tec Plata to Brazil and Asia
Philippines-based International Container Terminal Services Inc's (ICTSI) subsidiary in Argentina is working with a port administrative entity to launch a new feeder service to connect the re-opened Port of Santa Fe to Brazil and Asia. Through its partnership with the Santa... more
Digital freight platform enters South America
Saloodo, a DHL Global Forwarding and Freight service, now also offers its digital logistics platform for shippers and transport providers in Argentina. Due to its continued success, the service is increasingly being extended to other regions.Saloodo provides a central, simple... more
Locomotives to use more biodiesel
In the USA, Union Pacific (UP) locomotives will be getting a boost of biodiesel fuel. Progress Rail, a Caterpillar company, has approved the use of up to 20% biodiesel blend in specific EMD locomotive series operated by the US class I railroad. Previously, the locomotives were... more