New board of directors for Ascent
Ascent Global Logistics has formed a new board of directors, which now includes independent directors Cordia Harrington, founder and CEO of The Bakery Cos., and Jim Van Leenan, former CEO of Flash Global Logistics and USPack Logistics. Additionally, Christopher L. Doerr has... more
Argentineans return
Today, 20 August 2020, Aerolíneas Argentinas resumes flights to New York after five months. The second flight scheduled since operations were temporarily suspended in mid-March will take off next Thursday, 27 August. Meanwhile, Aerolíneas Cargo, the freight arm of... more
A&R Logistics acquires L.T. Harnett
A&R Logistics, an American provider of supply chain services for the chemical industry, has taken over L.T. Harnett (LTH), which supplies bulk liquid transportation and logistics services to the chemical industry. Following A&R's acquisition of First Choice Logistics... more
Port access gained with rail take-over
Canadian Pacific (CP) has launched its international intermodal service through the port of Saint John, N.B. The inaugural train carried containers from the Hapag-Lloyd vessel Detroit Express bound for intermodal terminals on the CP network in Canada and the USA. The rail... more
POLB's peak in July
The rebound in US container traffic has reached the West Coast. In the Californian Port of Long Beach, the month of July marked the peak of box throughput in the port's 109-year history. Terminals handled more than 753,000 teu, thus breaking a record established in June 2018... more
Triple Seven for ABC, more China for Atran
A B777F joined the Volga-Dnepr Group fleet of 24 Boeing freighters earlier this week. The fuel efficient twin-engine freighter will begin operations with AirBridgeCargo (ABC), a subsidiary of the Volga-Dnepr Group, which is among the world's largest Boeing freighter operators,... more
STG Logistics' CEO joins Roadrunner's board of directors
Roadrunner Transportation Systems recently closed three transactions completing its divestiture of all truckload segment businesses. This includes the sale of Rich Logistics and Integrated Services to an undisclosed strategic buyer, as well as the sale of Roadrunner... more
Balanced cargo streams in Oakland
July turned out to be a good month for the Port of Oakland close to San Francisco (USA). Containerised import shipments jumped 6.4% in July compared to 2019 totals. The step up followed a 1.9% increase in June. The good news was tempered by a 6.4% decline in July export... more
Smart Global Holdings names Mark Adams as CEO
Mark Adams will join Smart Global Holdings as president and CEO effective 31 August. In these functions, he will also serve on the company’s board of directors. Ajay Shah, Smart’s current president and CEO, will continue to lead the board as executive chairman. “I am excited... more
Gecas' additional orders relieve Boeing
Gecas (GE Capital Aviation Services) has signed an agreement with Boeing converting 11 B737-800 Converted Freighter (BCF) options to firm orders and adding nine more options to its orderbook. This is a repeat order from GE's commercial aircraft leasing and financing arm for... more