In carriers’ seventh heaven 
In line with many other shipping lines, Hapag-Lloyd has raised its forecast for financial 2020 on the basis of a better-than-expected business performance in the ongoing Q4/2020. The group expects an ebitda of EUR 2.6–2.7 billion (up from EUR 2.4–2.6 billion) and an ebit of EUR... more
New distribution site for Jacksonville
Automotive remains a major industry for logistics service providers. 1A Auto, an American online-only aftermarket auto parts retailer, has selected Jacksonville as the site for its distribution operations in southeast USA. The Massachusetts-based company will open a 29,000... more
Latam Cargo's maiden operations in Doha
For the first time, an aircraft from the Latam Group operated by Latam Airlines Brazil landed in Doha, Qatar, transporting perishables from Latam Cargo customers in South America to Asia and returning with a load of electronics. For Kamal Hadad, VP network and alliances, the... more
Rail hub to become logistics park
Canadian Pacific Railway (CP) is proposing to build a multi-modal, multi-commodity transload and logistics facility on strategic land holdings adjacent to its existing intermodal rail facility in Pitt Meadows, B.C., Canada. The proposed facility, named the CP Logistics Park... more
Finnair posts strong cargo performance
During last month, Finnair's available scheduled cargo tkm decreased by 85.9% year-on-year and revenue scheduled cargo tkm decreased by 80.4%, both due to the impact of the Covid-19 pandemic on scheduled flights. However, cargo related available tkm decreased by 56.8% and... more
17 weeks at near-full capacity
Launched last summer, in response to an increased demand for air freight transport due to pandemic-related supply chain disruptions, Dachser USA’s weekly B747-400F Frankfurt-Chicago service marks 17 weeks at near-full capacity. Andy Frommenwiler, VP, air freight, Dachser USA:... more
UPS adds two Polish airports to its network
The economy in Poland is recovering faster than expected, and industrial production is up by 1.1% compared to 2019. UPS wants to help businesses in the country take full advantage, and to this end is adding new links from the airports in Wrocław (WRO) and Gdańsk (GDN).UPS air... more
Sabrina Nissen for North American market
Sabrina Nissen has been appointed business development and administration manager for the USA and Canada by Stoecklin Logistics, a supplier of supply chain solutions. In her new role Nissen will support Stoecklin’s sales, marketing, operations and deployment teams in North... more
Cooperation in Canada bears fruit
The first outcome of a cooperation agreement signed in 2018 and aimed at improving both their own gateway’s and their common services, the port authorities of Montreal and Trois-Rivières recently announced the rollout of three projects that will improve marine operations in both... more
Neovia acquisition in Austria
The US company Neovia Logistics, a Caterpillar affiliate for logistics services, is planning to acquire Temmel Logistik Center (TLC), an Austrian provider of automotive manufacturing inbound logistics services. The transaction is expected to be closed early in 2021, once the... more