AIT Worldwide fills its war chest 
Less than three months after taking over Fiege's IFF activities, AIT Worldwide Logistics has concluded its partnership with private equity group Quad-C Management. While Quad-C sold its full stake, the New York City-based middle-market financial firm The Jordan Company (TJC)... more
Three stand united for hydrogen
Ardmore Shipping, owner and operator of tankers, Element 1 (E1), headquartered in Bend, Oregon, and Maritime Partners, headquartered in New Orleans, have formed an equal share partnership called "e1 Marine" to bring E1’s methanol-to-hydrogen technology to the marine... more
Responding 24/7 with a new product
Air France KLM Martinair Cargo has launched a new product to ensure that Covid-19 vaccines get the special attention they require. Launched this week after a trial period in selected countries, the "customised Covid vaccines" solution is globally available for all... more
No CO2 emissions on charter flights
According to the Environmental and Energy Study Institute, the US EPA reports that aircraft contribute 12% of the nation's transportation emissions and account for 3% of the USA's total greenhouse gas production. By 2050, it is estimated that global commercial aircraft... more
XPO gives birth to GXO
US-headquartered XPO Logistics has created an umbrella spin-off of the group’s logistics business. The new company is to be named GXO Logistics. Brad Jacobs, current chairman and CEO of XPO Logistics, emphasised that the group's recent investments in technology have launched GXO... more
Ontario trials autonomous truck driving
Ontario's government in Canada has budgeted CAD 3 million (EUR 2.025 million) to support retailer Canadian Tire and autonomous driving company Nuport to undertake an automated heavy duty trucking project. The two-year project is applying proprietary, artificial intelligence... more
General cargo's global growth potential
According to air cargo analyst WorldACD, February showed a worldwide year-on-year (YoY) weight increase of 1.1%, accompanied by a yield/rate increase in USD of 84%. After a strong volume drop in the middle of the month, the end of the month showed a strong recovery. In all... more
Dachser bypasses congestion in US ports 
In response to the congestion in the ports on the US West Coast that has been increasing since February this year, Dachser has launched a LCL expedited service connecting China to the USA with a cut on dwell time. Providing much-needed reliability with fixed weekly schedules... more
Picking tool easing the thirst
In November 2020, international logistics provider cargo-partner was contacted by a European beverage company that wished to put the distribution of its rapidly growing number of online customer orders on a new footing - especially in the USA. The customer chose... more
Technical support for Mexican cargo carrier
Signing its first direct contract, Mexico's Mas Air Cargo Airline has chosen Lufthansa Technik's "total component support" offer covering repair and overhaul of components for its B767F fleet. The new contract governs supplies for up to 14 aircraft over a period of... more