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
Promoting rail-ready sites at the Chicago link
US transport company Omnitraxis is working with the Calumet Area Industrial Commission (CAIC) to launch its rail-ready sites programme at the Chicago Rail Link (CRL). The first two sites are ideal locations for automotive manufacturing, steel fabricators and finishers, food... more
Samsung Mexicana orders Flexi fleet
Narrow Aisle has a contract to supply a fleet of its latest electric-powered Flexi Lithion articulated forklift trucks to Samsung Mexicana for operation in the company’s Tijuana plant, where semi-conductor devices and electronic components for the automotive and consumer sectors... more
Air Canada Cargo's revenue soars
Strong demand in the second quarter netted outstanding results for Air Canada Cargo, which reported a revenue increase of 52% in this period (USD 200.7 million) over Q2/2020. Calin Rovinescu, Air Canada's president and CEO: "For the first time ever, our cargo revenues... more
3PL e-commerce business flourishes
According to Armstrong & Associates’ (A&A) newest report, e-commerce continues to be the most rapidly growing third-party logistics (3PL) segment. Retailers rely on Amazon and third-party logistics providers to help manage omnichannel and e-commerce operations.... more