Takeovers in cold storage continue 
Atlanta-based Americold has reported its figures for Q1/2021. Since the beginning of the year, the company has signed or completed three acquisitions, Liberty Freezers in Canada, Bowman Stores in the UK and KMT Brrr! in New Jersey. The latest takeover is expected to close in the... more
Near Highway 169 and Route 66
Amazon plans to build a 20,000 sqm sortation facility on property adjacent to Tulsa airport (TUL) which handled 52,000 t of cargo last year (-11%). The facility will be completed in late 2021. It will be Amazon’s third large investment in Tulsa, OK, following the 232,000 sqm... more
Reach Airports appoints CEO
Reach Airports, the USA-based joint venture of Munich Airport International’s (MAI) US holding and CAG Holdings, has named Andrew O’Brian new CEO, effective 1 August 2021. In his new role, he will oversee the management of the company, business development and cooperation with... more
Project logistics market on the upswing
In its "BHV Project Logistics Monitor 2021", Bremische Hafen- und Logistikvertretung (BHV) reports that the majority of Bremen's project logistics companies and their customers are optimistic. For 2021, around 45% of the companies surveyed predict increasing... more
Two more widebody freighters for Latam Group
Two months after the initial announcement, Latam Group is expanding its freighter fleet and planning to add ten B767-300BCF over the next three years. The conversion of two additional B67-300ERs will bring the fleet size to up to 21 freighters by 2023. The first aircraft will ... more
US patent for routing forecast tool
Athens & London-based Signal Group's forecasting algorithm "Carrier path prediction based on dynamic input data", has been awarded a US patent. The software tool is based on artificial-intelligence (AI). The algorithm, which has drawn inspiration from the field... more
A large-scale global marriage
Scan Global Logistics (SGL) and Trans Group are closing ranks and combining their operations under one brand, Scan Global Logistics. The decision concerning the merger of the American Trans Group and the SGL Group, which were sold jointly to the US private equity firm AEA... more
The first of three new destinations from today
Two months after its first air freight services were launched, CMA CGM Air Cargo, the air freight division of CMA CGM Group, is now introducing regular connections between Liège and Dubai (DWC) from today, 19 May 2021. With its services to Dubai, a hub ideally located at the... more
President of Fedex Trade Networks
Patrick Moebel is the new president of Fedex Trade Networks, an air and ocean freight forwarder, customs brokerage provider, e-commerce specialist and trade services facilitator under Fedex Logistics. He is responsible for “the performance and strategic director of the company,... more
Smartlynx to provide widebody cargo capacity
Smartlynx Airlines Malta, an EU-based specialist in full-service ACMI aircraft leasing solutions, has extended its Airbus fleet. Currently operating an A320 and A321, the carrier has now added the A330 type as well. Five A330 will be modified to Zero LOPA by removing... more