Fake luxury watches, not "plastic cards"
US Customs and Border Protection (CBP) in Louisville recently halted a shipment, manifested as plastic cards, which was arriving from Hong Kong and heading to Miami. They found a total of 20 Rolex watches deemed to be counterfeit by CBP’s trade experts. All of the watches... more
50 preighter flights for Egetrans
A year ago, Lufthansa Cargo started offering its customers transport options in so-called preighters - passenger aircraft used for transporting cargo only. Since March 2020, the cargo airline has operated about 1,500 such services globally. Recently, the 50th preighter... more
Bimco and ICC promoting e-BL
The Baltic and International Maritime Council (Bimco) has partnered with the International Chamber of Commerce (ICC) and other stakeholders to develop a global electronic bill of lading model for vessels operating in tramp traffics. Bimco says that this initiative will be... more
Strategic partnership for air cargo data
Spire Global, a space-based Earth data analytics company headquartered in San Francisco, and TAC Index, a specialist publisher of air cargo data for both industry users and the financial markets from Hong Kong, have announced a strategic partnership to support the launch of TAC... more
Switzerland's worst railway accident
Not far from the ITJ headquarters in Basel is the site where, 130 years ago today, on 14 June 1891, Switzerland's worst train accident in terms of casualties (73 dead and 171 injured) occurred. A bridge designed in 1875 by the French engineer Gustave Eiffel (1832-1923) over the... more
US logistics for European tournament
UEFA, organizer of the Euro 2020, from kick-off at Stadio Olimpico in Rome (Italy) on 11 , until the final whistle at Wembley Stadium in London (UK), on 11 July 2021, is banking on the US-based integrator, Fedex Express, for logistics services during the European Championships... more
From Miami and New York to Israel
American Airlines Cargo is launching transatlantic services from New York JFK (daily) and Miami (thrice-weekly) to Tel Aviv (Israel). Both are operated with B77-200 equipment and will initially carry around 15 t of freight per flight, depending on passenger load factors. Tim... more
Improving cargo flow and transloading capacity
In the USA, the Utah Inland Port Authority (UIPA) and the Port of Long Beach (POBL) have signed an agreement to improve the flow of cargo to and from the major California gateway and the Utah logistics system. The agreement focuses on reducing congestion and cost associated with... more
Securing transatlantic capacity
The GSSA Aviacargo, headquartered in New York and founded in 2001, has performed a series of record-breaking flights between Bournemouth (BOH) in the UK and New York JFK. Operating the bellies of European Cargo’s A340-600 freighters, the company carried 55 t on a series of... more
UPS issues new forecast
UPS has put forward its 2023 financial targets. Consolidated revenues are expected to range between around USD 98 billion and USD 102 billion. The consolidated adjusted operating margin is planned to be in the 12.7% to 13.7% range. The cumulative capital spending from 2021–2023... more