More capital for Prologis 
Over the year 2020, the San Francisco-based real estate developer Prologis completed USD 25.0 billion of investment activity on an owned and managed basis. From the ProLogis – AMB merger in 2011 to year-end 2020, Prologis completed investment transactions totalling over USD... more
Strong quarter for J.B. Hunt
Arkansas-headquartered J.B. Hunt Transport Services, a Fortune 500 company, has announced Q4/2020 earnings of USD 154 million, 0.7% more than in Q4/2019. Revenues for the current quarter amounted to USD 2.74 billion, compared to USD 2.45 billion in the same period in 2019 (+1%).... more
Global challenges for binational airport
In 2020, EuroAirport Basel-Mulhouse (EAP) welcomed 71% less passengers than during the record year 2019. Cargo activities, on the other hand, recorded a 2.3% increase to 108,500 t (47,700 t flown, +4.7%). The important cargo hub serves most of Switzerland, eastern France, and... more
Henry hops on American aircraft
Starting next Monday, 1 February 2021, animals that previously travelled as emotional support animals and no longer qualify as service animals on flights in the USA, may travel as carry-on pets (charged USD 125) or as cargo pets, as long as they meet the requirements. American... more
Corpus Christi floats on crude oil
Despite the pandemic’s impact on the energy market worldwide, the Port of Corpus Christi witnessed significant growth in 2020 - mainly attributable to a 65% increase in crude oil shipments from 2019. The port set a new annual tonnage record of 159.7 million t, a 31%... more
Rebranding across America
As of January 2021, Freight Logistics International, Pirâmide SeaAir and Rodair will officially be known as Rhenus Logistics in the Americas. The three companies in the United States, Brazil and Canada were acquired in 2018 and 2019. Jörn Schmersahl, CEO of Rhenus Air &... more
Two strategic promotions
Consolidated Chassis Management (CCM), a cooperative chassis pool manager from the USA, has named Thomas Martucci (left) the company’s new vice president and chief technology officer and Timothy Sibley (right) vice president and chief financial officer. Both positions will... more
Wind of change at Gefco
Gefco announces the arrival of new general managers, with new positions for many seasoned GMs around the world: Concerning the clusters, Frank Erhard now leads a new cluster covering the Benelux region, Austria, and Switzerland; Thierry Vasselin has been promoted to GM of... more
First carbon-neutral shipment
Contecon Guayaquil (CGSA), the concessionaire of the public port in Guayaquil (Ecuador), recently handled the world’s first certified carbon-neutral container shipment. The logistics process involved supply chain firms, from exporter to port and distributor, that go easier on... more
Connecting three continents
Responding to the lack of freight capacity on passenger flights, DB Schenker has extended its global flight network. For the first time in its company history, own-controlled flights connect America, Europe and Asia directly. Launched last week, the new offer comes in addition... more