Peters returns to logistics sector
Lineage Logistics, a USA-based temperature-controlled industrial REIT and logistics solutions provider, has appointed Harld Peters as SVP Europe. He brings extensive experience leading technology-driven transformation and accelerated growth, most recently serving as... more
Enhanced technology for Redwood
Chicago-based 3PL provider Redwood Logistics (Redwood) is currently integrating the recently-launched Rating API with Oracle Fusion Cloud Transportation Management (OTM). The new integration will provide OTM users with immediate rates and full tender acceptance, the company said... more
Upgrade of Pan Am rail system planned
CSX has submitted an amended and supplemented application to the Surface Transportation Board (STB) as part of the previously announced agreement to acquire New England’s Pan Am Railway, the US class I railway said. CSX proposes to invest in upgrading and modernising the Pan... more
Rebecca Garbrick goes Forward
Rebecca Garbrick has been named CFO and treasurer of Forward Air, an asset-light freight and logistics company based in Greenville, TN, which provides LTL, final mile, truckload and intermodal drayage services in USA and Canada. She joined Forward in November 2020 as VP and... more
Turkish Cargo flies 100 million vaccine doses
Turkish Cargo has carried 100 million Covid-19 vaccine doses, roughly 450 t, from the production centres to destinations in its network. Key and certificated destinations in Turkish Airline's network have been Baku, Belgrade, Copenhagen, Rome, Mexico City, Miami and Sao Paulo.... more
Another acquisition for DP World
It is the next coup in the logistics sector: DP World is purchasing all the shares of Syncreon for an enterprise value of USD 1.2 billion. Syncreon is a US global logistics provider that was formed in 2007 when Dublin-headquartered Walsh Western International bought TDS... more
The end of ATSG's Boeing-only fleet
The Cargo Aircraft Management (CAM) leasing business of Air Transport Services Group, Inc., the world's largest owner and operator of converted B767 freighters, has committed to purchase its first two A321-200 passenger aircraft, one this year and a second in Q1/2022.... more
Wind propulsion for transatlantic PCTC
Alfa Laval and Wallenius are forming a new 50/50 joint venture to reduce the marine industry’s carbon footprint and overall emissions. The new unit, Alfa Wall Oceanbird, will focus on the development and realisation of technology for fully wind-powered vessel propulsion.... more
Joe Kontuly to lead AIT's truckload division
Illinois (USA)-based global freight forwarding services provider AIT Worldwide Logistics has appointed Joe Kontuly as VP of its wholly-owned subsidiary Summit Expedited Logistics, a specialist in in ground distribution and truckload brokerage solutions. From Summit’s... more
Seven more B737-800SF conversions
Aero Capital Solutions (ACS), based in Austin, TX, with offices in Dublin and Singapore, will be provided by Aeronautical Engineers (AEI) with seven additional B737-800SF freighter conversions. This news follows an AEI announcement in January 2021 providing ACS with ten... more