Centerpoint buys hub in Texas
Center Point Properties has acquired a 56,000 sgm warehouse and office building at 3507 Pasadena Freeway in Pasadena, Texas, from Link Logistics Real Estate. The company highlights the complex's portfolio of connections with the combination of rail service by Union Pacific,... more
More fresh flowers from South America
During the 2021 Valentine’s Day season, which, together with Mother’s Day, represents the peak of the fresh flower export trade, Latam Cargo Group carried 7% more flowers than in 2020, totalling more than 13,200 t. The good figures are due to the group’s uninterrupted... more
More than 1,700 new jobs
BNSF Railway’s customers invested USD 1.1 billion in 2020. BNSF expects these investments to create more than 1,700 new jobs in local communities. This marks the 10th consecutive year that BNSF customers have invested more than USD 1 billion in a calendar year for new or... more
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