Omnitrax CEO transfers to parent company 
Omnitrax, one of the USA's fastest growing railroads, has announced that Kevin Shuba, CEO since 2013, has accepted a new role with its parent company, The Broe Group – a multi-billion-dollar organisation with assets and operations that span North America. After overseeing... more
Air charter division for Logistics Plus
Logistics Plus (LP), a US provider of transportation, logistics and supply chain solutions, has created a new, dedicated "LP Air Charter Group" to focus on expanding its air cargo capacity and developing new air charter business opportunities around the world. The... more
Container index climax
The container throughput index of the German RWI – Leibniz institute for economic research and the institute of shipping economics and logistics (ISL) showed a robust improvement in October, rising from (corrected) 119.6 to 122.6 points, an all-time high. The leap forward was... more
Improved rail access to Upper Midwest markets
The US railroad Union Pacific is opening its Twin Cities intermodal terminal and launching services to Minneapolis in January 2021. The new offer will feature domestic intermodal links between the Twin Cities and Los Angeles, expanding the reach to key Upper Midwestern... more
Change in Iata's leadership
The International Air Transport Association (Iata) has announced that its director general and CEO Alexandre de Juniac (right, together with Glyn Hughes, who will leave its position as Iata’s global head of cargo in January 2021), will step down from his role at the association... more
Fedex triples size at Southern Californian airport
Earlier this month, Fedex Express completed a USD 100 million investment at Ontario airport (ONT), near Los Angeles, centred around a 23,300 sqm complex including a sorting facility capable of handling 12,000 packages per hour, nine wide-body aircraft gates, 14 feeder aircraft... more
Framework for autonomous shipping
The Baltic and International Maritime Council (Bimco) is currently preparing the first contract model for the operation of autonomous vessels. The first version is planned to be published in 2021. It will be an adaptation of the current Shipman 2009 contract for management... more
Matternet's drones in the skies above Berlin
Urban drone logistics platform developer Matternet from California has launched operations at Labor Berlin Charité Vivantes. The programme kicked-off last week with permanent operations expected to take flight next year, creating the first urban BVLOS (beyond visual line of... more
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