Sea Intelligence on demand in Q4/2020
The Copenhagen (Denmark)-based maritime consultancy "Sea Intelligence" recently analysed the latest demand data for September 2020 published by Container Trade Statistics (CTS). Global demand grew by 6.9% in comparison to September 2019, with positive growth in all... more
More than 1,000 cargo-only flights since March
Since the beginning of the coronavirus crisis, Swiss International Air Lines has carried over 23,000 t of goods on more than 1,000 cargo-only flights, operated by its airfreight division Swiss Worldcargo. During the months of April and May, the major commodities transported... more
American Airlines introduces new mail module
American Airlines Cargo continues the modernisation of its business with the completion of digital airmail handling and mail revenue accounting modules from IBS Software’s "iCargo" system. This deployment, which was completed in late August, was the final... more
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