Cass expands executive team 
Culminating a USA-wide search, Cass Information Systems, a major provider of transportation, energy, telecom and waste invoice payment and information services, has selected Martin Resch to fill the newly created position of COO. Chairman and CEO Eric H. Brunngraber:... more
THE Alliance till the end of 2020
The alliance of Hapag-LLoyd, HMM, ONE and Yang Ming, called THE Alliance, has announced service adjustments to better match resources and "fluctuating demand" of the global shipping market. Between Asia and North Europe, the FP1, FP2, FE2, and FE3 will maintain... more
Choose the right mode to reduce cost
Loadsmart is expanding its services to include less than truckload (LTL) and rail. The USA-based digital freight broker now enables customers to book shipments in North America across all major transportation modes, building on existing capabilities for full truckload (FTL),... more
UN shipping report for 2020 gloomy
In its shipping report "Review of Maritime Transport for 2020", Unctad shows the following picture: In 2019, the global fleet grew by 4.1% to approx. 98,000 commercial vessels while maritime trade volumes expanded by 0.5% reaching a total level of 11.08 billion t,... more
From Iata to Tiaca
Glyn Hughes will take the newly created role of director general of The International Air Cargo Association (Tiaca). Starting in his tenure in February 2021, he will manage the team and work with the board of directors, the members and the industry partners. Reporting to the... more
Leadership succession plan
Alaska Air Group's board of directors has announced a leadership change: Ben Minicucci (right) will assume the role of the group's CEO on 31 March 2021, succeeding Brad Tilden (left), who served as CEO for eight years and who will continue as board chair. Patricia Bedient,... more
Dramatic rebound for XPO Logistics?
USA-based XPO Logistics has reported its financial results for the third quarter 2020. Chairman and CEO Brad Jacobs: “Our business rebounded dramatically in the third quarter. Revenue, adjusted ebitda, adjusted EPS and free cash flow were all decisively higher than... more
Best-ever month for Canadian grain transport
Canadian Pacific (CP) set a new record for shipping Canadian grain and grain products in October, with 3.04 million t moved, the first time ever CP has exceeded 3 t in a month. This breaks the highest-ever record for a month, set in April 2020, by 6.9%. It also betters the... more
Vels wholesales for everyone
A new airfreight wholesaler has been launched by long-serving Dutch airfreight specialist Rinaldo Vels, particularly targeting non-Iata-licenced forwarders, courier companies, trucking companies, e-commerce forwarders and nextgen digital forwarders. Based near Amsterdam... more
YRC Worldwide names interim CFO
YRC Worldwide, the Kansas-based holding company for a portfolio of American logistics brands including Holland, New Penn, Reddaway, YRC Freight and HNRY Logistics, has announced that Jamie Pierson has resigned as the CFO and from the board of directors. This departure does not... more