Uneasy times for XPO Logistics 
Greenwich (USA)-headquartered XPO Logistics has reported for the full year 2020. The company generated revenues of USD 16.25 billion, a slight loss compared to the USD 16.65 billion in 2019 (-2,5%). Operating income went down significantly to USD 391 million from USD 821 in... more
Jaxport bounces back too
The global recovery of the automobile manufacturing industry is also driving growth in the Jacksonville Port in Florida (Jaxport). In the first quarter of its fiscal year, which started in October 2020, the port’s vehicle volumes grew 7% year-over-year compared to the first... more
Michelin banks on wind transport
Michelin recently signed a transport commitment with Neoline as a test initiative to help decarbonise the group's logistics operations. The commitment concerns the trans-Atlantic trade on cargo ships with tyres loaded in containers from Halifax (Canada) to Saint-Nazaire -... more
Scallog goes Brazil
Scallog, a supplier of logistics robots based in France, has formed a commercial partnership with the Brazilian company Cubicc, an integrator in picking and packing solutions. Cubicc will market Scallog’s goods-to-person robotic solutions in Brazil and more widely in South... more
Vital ingredient from Argentina to Mexico
On 20 January 2021, Aeromexico performed its first transport of an active ingredient that will help produce vaccines against Covid-19. Aeromexico is now controlled by Apollo Global Management, which intends to downsize and improve the efficiency of the airline. A B787... more
Bonsais to Brooklyn
Only few days before the Chinese New Year, US Customs and Border Protection (CBP) officers in Cincinnati were inspecting incoming freight from Shenzhen when they found a shipment full of live plants. Agriculture specialists unpacked 21 small trees, likely intended to become... more
Strengthening Asia region team
Columbia Shipmanagement (CSM), a global ship manager and maritime service provider founded in Cyprus, has appointed Demetris Chrysostomou as managing director of its Asia region. As a part of CSM’s growth ambition, he will work from the office in Singapore, having responsibility... more
Double-digit growth for Hong Kong
In January 2021, cargo throughput at Hong Kong International Airport (HKIA) saw year-on-year growth of 14.1% to 409,000 t, while freighter movements surged 37.2% to 6,055 from 4,413 compared with the same month last year. Cargo imports and exports at HKIA experienced significant... more
Handling unit trains with 100+ railcars
The US Victoria county navigation district, owner and operator of the port of Victoria, has secured a USD 6 million grant through the economic development administration (EDA) for a proposed rail expansion project. This grant, which requires a 50% match from the port, will... more
Death of Latam Argentina
Eight months after suspending its flight operations, Latam Argentina has now officially ceased to exist. Flights between twelve destinations in Argentina as well as four international connections (Miami, São Paulo, Santiago de Chile and Lima) are affected. Before the pandemic,... more