ICTSI holds the fort 
Filipino port and terminal operator International Container Terminal Services, Inc. (ICTSI) has released its unaudited consolidated financial results for the first nine months of 2020. Revenues from port operations amounted to USD 1.1 billion, moving sideways compared to the... more
New mode in Lone Star State
Mode Transportation, a major US multimodal 3PL based in Dallas, TX, has appointed Lance Malesh president & CEO. Jim Damman, who has led Mode as president & CEO for over 15 years, has been appointed chairman of the company. These decisions were announced as "the... more
Third Chicago airport welcomes UPS
Earlier this week, global transportation and logistics services provider UPS began "next day air service" operations at Gary / Chicago International Airport (GCIA). The start of daily flights fulfils its commitment to begin cargo operations to the region's third... more
Kim Kuesel joins Navis
Navis, an American technology and services provider for the global shipping industry, has appointed seasoned technology and supply chain executive Kim Kuesel as vice president and general manager of the company’s Americas division. With over 20 years of supply chain... more
ABC diversifies with "Pegasus" passive solution
Air Bridge Cargo Airlines (ABC), part of Volga-Dnepr Group, expands its master lease agreement from last year with Sonoco Thermosafe to enable its customers worldwide to transport life-saving and healthcare products within Pegasus ULD passive containers. The US logistics... more
Results from the East and West Coast
As the shopping season enters in full motion, US Customs and Border Protection (CBP) officers at the international mail facility (IMF) of Los Angeles airport have intensified "Operation Mega Flex", a CBP-led ongoing nationwide aggressive crackdown in seizing illicit... more
VTG places green bonds
VTG in Germany has placed corporate bonds totalling EUR 746 million on the American and European equity markets. For the first time in the company’s history, these bonds are “green private placements.” In accordance with the criteria of the “climate bond initiative”, the... more
Edwards to lead VPA
Stephen Edwards is to become the next CEO and executive director of the Virginia Port Authority (VPA). He will assume his new responsibilities from 19 January 2021. Currently he is president and CEO of TraPac, which operates container terminals in Los Angeles, Oakland and... more
Astral leases first B767F with ATSG
Through its Cargo Aircraft Management subsidiary, Air Transport Services Group (ATSG), a major USA-based provider of aircraft leasing, air cargo transportation and related services, has delivered a B767-200 converted freighter to Astral Aviation (Kenya) under a five-year lease.... more
Patriot Rail expands in Utah
In the USA, Patriot Rail has entered an agreement to acquire US short line operator Salt Lake Garfield & Western Railway (SLGW) and its related entities Caballero and Caballero 2, storage and transload service providers. Financial terms were not disclosed. The transaction is... more