Importance of increasing automotive charters
Since the New Year, IAG Cargo, the cargo division of International Airlines Group (IAG), has transported over 8,000 t of automotive spare parts. A significant proportion of these shipments were delivered via 95 charter flights utilising the group’s B777s and B787s and arranged... more
Jumbo and SAL bundling forces
Heavylift and project cargo companies Jumbo and SAL are forming a joint venture. SAL is headquartered in Germany and Jumbo in the Netherlands. They will be joining forces in combining a large part of their fleets, engineering and commercial activities. In a press release,... more
Flying horses despite the pandemic
Despite a challenging year, Emirates Skycargo continued to provide a safe and comfortable journey for horses travelling to compete at international equine sporting events. The carrier has shipped more than 1,100 horses Since April 2020. In February, the Dubai-based airline... more
ICTSI on par with 2019
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... more
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more
CFO for CIS
The USA's Cass Information Systems (CIS), a provider of information and payment management solutions, has named Michael J. Normile (photo) as executive vice-president and chief financial officer. He succeeded P. Stephen Appelbaum, Cass EVP and CFO since 2006, who will help... more
Vaccines from Belgium distributed in South Korea
Last week, UPS transported the first Pfizer-BioNTech Covid-19 vaccines to South Korea. A fleet of trucks lined up at Seoul Incheon airport to handle the shipments after landing.The vaccines, which require ultra-cold chain storage, were packed in Belgium for their journey, and... more
New president for Penske subsidiary
Phil Peck, the chief operating officer of Epes Transport since 2019, has been promoted to president. He succeeds Richard Kuehn, who is retiring, having helped to lead Epes for 23 years. Epes Transport is a business unit of the USA’s Penske Logistics, and is celebrating its 90th... more
K+N takes advantage in 2020
As he presented Kuehne + Nagel's annual results for 2020 at a virtual press conference recently, CEO Detlef Trefzger spoke of a year characterised by "organic and inorganic growth, especially towards Asia.” The takeover of Apex International marks the end of a... more
Still committed to protecting wildlife
On 2 March 2021, San Francisco airport (SFO) welcomed the return of Emirates with the arrival of its first nonstop flight from Dubai in eleven months. The Middle Eastern airline started SFO operations in 2008 and made it its first A380 West Coast destination that same year.... more