More investors go digital 
Loadsmart, a digital freight startup, has just informed about the results of its series C fundraising, its latest funding round. The USD 90 million round was led by the Black Rock fund, co-led by Chromo Capital, with participation from Perry Capital and Bramalea Partners,... more
The rise of the carriers: CMA CGM
In Q3/2020, the CMA CGM Group's good results also included its Baar (Switzerland)-headquartered affiliate Ceva Logistics. Volumes rose by 1% compared to the same period last year. In total, the group's revenue was 6.3% above Q3/2019 and amounted to USD 8.1 billion. Ebita... more
African carrier launches transpac cargo service
Ethiopian Cargo & Logistics Services has launched Trans-Pacific routes with B777-200F, extending from Seoul Incheon to Atlanta via Anchorage effective 9 November. Ethiopian Group CEO Tewolde GebreMariam: "Our new cargo service will cut total air transport time... more
More measures against greenhouse gas
On 17 November, the International Maritime Organisation (IMO) approved a draft of amendments to annex VI of the Maripol agreement to further reduce greenhouse gas (GHG) emissions from maritime transport in the short term. These new measures, which were discussed at the 75th... more
40 airline partners to fight Covid-19
Unicef is looking to recruit some of the airline industry's biggest operators to help distribute a coronavirus vaccine to 92 of the world's poorest nations. Further to Bloomberg, the UN humanitarian relief agency held a call with about 40 carriers to make plans for the global... more
POLB's recovery continues
The Californian Port of Long Beach continues to feel the rebound after Q2/2020. In October this year, the US West Coast Port handled almost 807,000 teu for the first time in its 109-year history. Dockworkers and terminal operators thus broke the “best month” record set in... more
Grab the airport
Digitalisation has many faces. Grab, the airport e-commerce platform, recently transacted its five millionth order. The order was placed in Dallas Fort Worth International Airport (DFW) using the American Airlines app. Grab provides contactless order and payment services in... more
New service between Milan and the USA
A new large capacity freight service linking Milan-Malpensa (MXP) and Cincinnati was launched last week. From Tuesdays to Saturdays, an A330-200F of DHL offers around 15 t of freight capacity per roundtrip, used, amongst others, to transport goods "made in Italy".... more
Customs infractions even at smaller US airport
During the month of October, US Customs and Border Protection (CBP) officers at the Rochester Airport (ROC) port of entry targeted multiple shipments that totalled 193 seizures of items that were intellectual property rights (IPR), food and drug administration (FDA) violations... more
Port Nola head wins C. Alvin Bertel award
Brandy D. Christian, president and CEO of the port of New Orleans (Port Nola), and also the CEO of the New Orleans Public Belt Railroad (NOPB), was honoured with the 2020 C. Alvin Bertel award at the annual World Trade Center ceremony. The award was established in 1967 and... more