BDI flying high
The Baltic Dry Index (BDI), the main index of the international dry cargo freight market, has maintained its upward trend for five consecutive sessions and recently surpassed the 2,000 point barrier, reaching 2,097 on 7 October. This is the highest mark since September last... more
Mesa's first cargo flight for DHL Express
Phoenix, AZ-based Mesa Air Group operated its first revenue cargo flight for DHL Express last week from its crew and maintenance base at Cincinnati airport. Under a previously announced agreement, Mesa will operate two B737-400F aircraft on behalf of DHL for a five-year... more
100 natural gas HGVs for Argentina
Demand for utility vehicles powered by natural gas is increasing worldwide. In South America, NRG Argentina, a supplier for the oil and gas industries, has ordered 100 Stralis Natural Power trucks powered by CNG drive from manufacturer Iveco. The tractor units make full use... more
Mullen Group acquires IWD
The Canadian Mullen Group (MTL), a publicly traded corporation listed on the Toronto stock exchange, intends to acquire International Warehousing & Distribution (IWD). IWD is based in Mississauga, Ontario, and provides customs warehousing services, air import/export... more
Speeding up customs for pressing needs
At Baltimore airport (BWI) last Sunday, US Customs and Border Protection (CBP) expedited import clearances of big rubber stopper presses. The machines, imported by West Pharmaceuticals Services from Germany and destined for its facility in the USA, support the emergency... more
More opportunities with e-commerce
The French logistics group Geodis and Accenture Interactive, part of Accenture (NYSE: ACN), have published a whitepaper on e-commerce. Amongst others, the study confirms that the pandemic fostered online sales and that many brands estimate that e-commerce in 2020 will represent... more
US students to turn B777-300ER into freighters
The National Institute for Aviation Research (Niar) at Wichita State University will begin a large-scale entrepreneurial Boeing 777 passenger-to-freighter conversion programme. The programme, led by Niar's engineering design and modification team (EDM), will focus on the... more
K Line delivers donations to San Salvador
The Japanese carrier K Line, part of the ONE network, recently received the letter of appreciation for providing free ocean transportation of fire engines and ambulances donated to the Republic of El Salvador. The vehicles were donated by Japanese municipalities. Since 2014,... more
Russell Stokes to lead GE Aviation Services
General Electric has announced many changes in its senior leadership team. One of them is the appointment of Russell Stokes, a 23-year GE veteran, as chief executive officer and president of GE Aviation Services. GE Aviation, an operating unit of GE, is a worldwide provider... more