JV for portfolio of leased railcars
In the USA, Greenbrier plans to create GBX Leasing, a new joint venture (JV) with Longwood to develop an owned portfolio of leased railcars primarily to be built by Greenbrier. Longwood is a Chicago-based transportation equipment advisory and asset management firm. GBX... more
Good start for Long Beach
Following its historic peak year 2020 with 8.11 million teu handled, the Port of Long Beach has reported its busiest start of an annual year so far. The port handled more than 764,000 Teu in January. Imports grew 17.5% to 364,000 teu, while exports climbed 7% to 116,000 teu.... more
A good year for Echo Global
Chicago-headquartered Echo Global Logistics has reported its financial results for 2020. In total, revenues surged by 14.9% to USD 2.5 billion in comparison to the prior year, as gross profit increased 1.6% to USD 374.1 million from 2019. TL revenue went up by 22.3% to USD... more
Seko distributing Life
For the sales region of North America, the shipper Vivo Life has partnered with Seko Logistics for the distribution of health and fitness supplements. The shipper from Glastonbury, UK, started its business range in the US market in time for its first Green Friday marketing... more
WFS expands businesses in Seattle
EVA Air has signed a new three-year cargo handling contract with Worldwide Flight Services (WFS) in Seattle, extending more than 15 years of partnership in North America. As well as handling more than 83,000 t of air cargo per year for the Taiwanese airline in Newark, New... more
Several appointments at the American Club
Shipowners Claims Bureau, Managers of the American Club, report recent changes in their US-based teams: Steve Ogullukian, who joined the Managers in 2003, has been selected as deputy global underwriting director, a position assumed in parallel with his ongoing duties as director... more
CSafe Global adds sales director in Seoul
CSafe Global, a US provider of temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, has been building its life science sales team worldwide for the past 18 months. It has now appointed Dong Woo Lee as director of life science sales for... more
Aircraft lessor demands more freighter capacity
Miami-based Aeronautical Engineers (AEI) has been awarded a contract to provide Aero Capital Solutions with ten additional B737-800SF freighter conversions. This news follows an AEI announcement in October 2020 providing its client, a major mid-life lessor from Texas, with... more
Amerijet appoints CCO
Effective today, 8 February 2021, Eric J. Wilson has been appointed chief commercial officer (CCO) of Amerijet International Airlines, which is headquartered in Miami (FL) and operates its own dedicated freighter fleet of B767 aircraft. Wilson will join the executive team... more
Growth in specialised truckload segment
In Canada, TFI International has acquired Fleetway. Founded in 1983 and based out of Brantford, Ontario, Fleetway is a full-service provider of truckload and heavy-haul transportation solutions and logistics services. The company provides both warehousing and transportation... more