Resilinc appoints first chief AI officer
Resilinc, a provider of supply chain resiliency solutions, has appointed the company’s co-founder and current chief product officer (CPO), Sumit Vakil, as chief artificial intelligence officer (CAIO). In this integral role, Vakil will oversee the innovation and integration... more
Volumes and rates from Mesa and Apac still rising
According to World ACD’s weekly analysis, average air cargo rates in May of USD 2.78/kg from Middle East and South Asia to global destinations were up +47%, year on year (yoy), with tonnages +17%. Bound for Europe, the month's average spot rate of around USD 3.35/kg was more... more
Re-certified and ready to go
Lufthansa Cargo’s pharma hub in Munich and the pharma centre in Chicago were re-certified with the Iata Ceiv Pharma seal in April 2024. The pharmaceutical label “Centre of Excellence of Independent Validators” (Ceiv) confirms that Lufthansa Cargo handles temperature-sensitive... more
MSCAA family mourns Larry Cox
The Memphis-Shelby County Airport Authority (MSCAA) family is deeply saddened by the passing of its former president and CEO Larry Cox. He spent 41 years at MSCAA, 29 of those years as the president and CEO during a time when MEM emerged as both a major commercial and cargo... more
ATSG reshuffles senior management
Air Transport Services Group, a global specialist in medium wide-body freighter aircraft leasing, air operations, and support services, is now implementing its succession plan: Joe Hete, who currently serves as chairman of the board of directors and CEO, has been appointed... more
Trident and Neptune to help protect supply chain
Canadian National Railway (CN) has added two new firefighting trains and two more railcars to its fire mitigation fleet. These specialised units, the Trident and the Neptune trains, will join CN’s existing firefighting train, Poseidon. Together, these three trains will... more
WFS lands new contract in North America
Worldwide Flight Services (WFS), a member of the Sats Group, has won a three-year contract to provide passenger and ramp handing services for Air France at Phoenix Sky Harbor airport. Launched on 23 May 2024, Phoenix is the airline’s 17th destination in the USA. Air France... more
Savage: handing over the baton
Savage has announced that president and CEO Kirk Aubry will be retiring from the company on 31 December 2024 after more than a decade of leadership. Chief operating officer Jeff Roberts is being promoted to the additional role of president, effective immediately. He will assume... more
Realterm fortifies Florida portfolio
The investment manager Realterm has acquired an industrial outdoor storage facility in Lake Worth Beach, Florida as part of its focus on the transport market. The 21,448 sqm site, which was purchased vacant, includes a maintenance shop of 2,322 sqm and standalone office... more
Mourning Barbara Spector Yeninas
Barbara Spector Yeninas, of Holmdel, NJ, died on 31 May at the age of 84. She was the founder of the marketing communications agency BSY Associates, which specialises in maritime, supply chain and logistics and this year celebrated 50 years of business. She will long be... more