Stord takes over Cove Logistics
The digital warehousing and distribution network Stord has acquired Cove Logistics, a transportation partner, to offer customers a comprehensive distribution network. Since its Series A funding round in 2019, Stord's network and software capabilities have grown substantially... more
TIA picks interim CEO
Transportation Intermediaries Association (TIA), the voice of the third-party logistics industry, has named Douglas G. Clark as its interim CEO. Clark succeeds Robert A. Voltmann, CAE, who announced earlier this week that he was stepping down from his role in leading the... more
Bad May in the Port of Los Angeles
In May, the US-West Coast port of Los Angeles moved almost 582,000 teu. This corresponds to a 29.8% decrease compared to the same month last year, though May 2019 showed an extraordinary result. Five months into 2020, overall cargo volumes have fallen 18.6% compared to 2019.... more
United Cargo re-adjusts Switzerland service
Since beginning its programme 19 March 2020, United has completed more than 2,400 cargo-only flights, transporting over 77 million lb (35,000 t) of cargo. The airline has over 1,100 cargo-only flights scheduled for the current month, operating between six US hubs and over... more
Descartes acquires Kontainers
Descartes Systems Group has acquired Cracking Logistics Limited dba “Kontainers”, a provider of client-facing digital freight execution platforms. “We’ve worked very hard with some of the world’s top logistics companies to create an optimal digital customer experience,” said... more
Railway’s propane supply chain sets new record
With three vessels carrying Canadian propane destined for international markets dispatched from Canadian AltaGas’ Ridley Island propane export terminal, Canadian National Railways (CN) has beaten the previous record by 50%. The Ridley Island propane export terminal... more
Polar Air Cargo joins Pharma.Aero
Pharma.Aero, as a global cross-industry association, continues to uphold its vision of aligning all members to collaborate and enhance end-to-end air transportation of pharmaceuticals. Onboarding like-minded new members is key to this vision and mission. On this note,... more
Air Greenland resumes two-way traffic
Effective this week, Air Greenland resumes two-way traffic on the route linking Kangerlussuaq (SFJ) and Copenhagen (CPH), currently served three times weekly. The airline resumed this route on early last month already, but flights were only bookable as one-way flight from... more
Difficult times ahead for car carriers
The research and data mining company Vessels Value has analysed the development of the demand for maritime vehicle carriers in 2020. Demand globally is down 18% year on year so far. In detail, some markets (Japan exports and China imports) are showing faster recovery than... more
Move One extends contract in Afghanistan
Dubai-based Move One has extended its aircraft handling contract on Bagram, Kandahar and Kabul military airfields through 2025. Describing itself as "the largest foreign-owned freight forwarder in Afghanistan", where it has been operating for 19 years, the company's... more