Connecting three continents
Responding to the lack of freight capacity on passenger flights, DB Schenker has extended its global flight network. For the first time in its company history, own-controlled flights connect America, Europe and Asia directly. Launched last week, the new offer comes in addition... more
Prince Rupert full-fledged
2020 was another good year for the Port of Prince Rupert (PRPA). Despite the pandemic, the Canadian port handled 32.4 million t of cargo, 9% more than in 2019, which is a new record mark. Exports of coal, propane, and wood pellets led the increase. Although factory shutdowns... more
Cold chain through Alaska
Alaska Cargo and Cold Storage, a joint venture of industrialist Chad Brownstein and McKinley Capital Management, and the State of Alaska have concluded a 55-year lease agreement at Ted Stevens Anchorage International Airport (ANC), marking a major milestone in the development of... more
More Amazon in Quebec
Amazon has opened two new sortation centres and its first three delivery stations in Quebec (Canada). A 160,000 sqm in Coteau-du-Lac, a suburb just west of Montreal, will be the company’s largest sortation centre in this province and is set to open in the course of 2021.... more
Hot demand for chilled goods
The latest annual analysis of the reefer market presented by the Dutch consultancy Dynamar confirmed the trend in 2019, the latest year analysed. A global appetite for selected special food products boosted the reefer market. The provisional figures in Dynamar’s ‘Reefer... more
Colombian operator achieves milestone
The Sociedad Puerto Industrial de Aguadulce (SPIA), a joint venture between ICTSI and PSA International, started the year well when it handled 1 million teu in January. The SPIA operates the Aguadulce multiuser container terminal in the Colombian port of Buenaventura. SPIA... more
Paycargo strengthens team
After welcoming two new vice presidents in December 2020, Paycargo, the financial platform and payments network for the global supply chain industry, has appointed Michael White to its board. Bringing more than 25 years of experience in the air freight sector, having... more
Lease conversion of a second B747-8F
Stamford (CT, USA)-based Voyager Aviation Holdings has entered into an agreement with Air Bridge Cargo Airlines (ABC) and Volga-Dnepr Group to convert the operating lease on one of the Russian's company’s B747-8F into a finance lease. The transaction is the second conversion... more
Port director resigns
Ports of Indiana announced Ian Hirt’s resignation as port director of Indiana-Burns Harbor, effective 3 May 2021. While he is retiring to the private sector, as he said in his statement, the Ports of Indiana are looking for a suitable replacement. The state-wide port... more
Big deal in North America
Canada-headquartered TFI International is buying UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) divisions of United Parcel Service for USD 800 million on a cash-free, debt-free basis before working capital and other adjustments. Amongst others, TFI... more