Columbia and Premuda join forces
Could it be the beginning of a wonderful friendship? The Italian ship-owning Group Premuda, controlled by Pillarstone, a financial platform supporting companies in temporary difficulty, has found a partner in Columbia Shipmanagement (CSM). Under the joint venture agreement,... more
North America's first IWT certified airline
It is estimated that the global illegal wildlife trade is worth between USD 7 and USD 23 billion. Furthermore, "there's a connection between how wildlife is treated, how it can spread zoonotic disease, and how we've ended up with the potential for pandemics in the... more
XPO Logistics appoints Santoro
XPO Logistics, a global provider of transportation and logistics solutions, has appointed Alex Santoro as chief commercial officer. He will also serve as executive vice president, operations, which includes leading XPO's go-to-market activities, with a focus on aligning growth... more
Margins to stay, says Fitch Ratings
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more
TT Club concerned over cool chain cargo
There is action required, says TT Club. The analysis of the insurance company’s claims records over the past three years shows that temperature-controlled incidents rank in third place. Almost 30% of these incidents involved a miscommunication of operational instructions... more
Taking over Elbrus in Brazil
With the takeover of Elbrus Assistência Técnica Em Raio X, Simon Hegele Healthcare Solutions, a service partner for OEMs of large medical equipment, has launched its expansion to Latin America. Simon Hegele Healthcare Solutions and its subsidiary GMED offer logistics and... more
Canadian railway wins transport order
Canadian Pacific Railway (CP) has been contracted by A.P. Moller - Maersk to move freight through the Canadian ports of Vancouver and Montreal. The agreement follows upon an announcement made earlier regarding the construction of a new, world-class transload and distribution... more
Partners for the prototype of a further A321 P2F
Sine Draco Aviation Development, a multi-national corporation with headquarters in Nanchang (China) and a subsidiary in Bellevue, WA, has selected Ascent Aviation Services in Tucson, AZ, for modification and completion of its prototype A321 passenger to freighter conversion... more
UPM finds operator for rail line in Uruguay
Finnish forest industry company UPM has awarded a consortium of Christophersen Group, Cointer Concesiones (Grupo Azvi) and Deutsche Bahn International Operations with the management of a 273 km railfreight line in Uruguay. The contract, which has been signed over a period of... more
"Hard" October at US customs
Earlier this month, US Customs and Border Protection (CBP) officers in Chicago seized a shipment containing 15,000 tablets marked and packaged as Viagra 100 mg tablets (photo) and varying brands of honey mixed with Sildenafil. The consignment was shipped by a company in... more