A USD 3.1 billion acquisition 
Air Transport Services Group, which leases medium widebody freighter aircraft and provides air transport operations and support services, has entered into a definitive agreement to be acquired by Stonepeak, an alternative investment firm specialising in infrastructure and real... more
Illegal frozen mackerel shipment intercepted
The bureau of customs (BOC) in the Philippines recently intercepted 21 containers of frozen mackerel from China at Manila international container port (MICP) on 30 October, due to a lack of the import clearance required. Valued at PHP 178.5 million (USD 3.0 million), the... more
Cheers to a consulting collaboration
Broad Range Logistics is collaborating with Cascadia Managing Brands to strengthen food and beverage deliveries. Under the agreement, Cascadia will provide consulting for its partner’s market expansion. Broad Range has committed to offering up to five-year contracts with a... more
From Ukraine via Titusville into the Universe
In cooperation with Ceva Logistics, the Ukrainian heavylift specialist Antonov Airlines recently delivered a European critical satellite and additional equipment from Cologne-Bonn (Germany) to Titusville (USA). The container with its 40 t cargo was loaded onto a AN-124-100M... more
Strengthening a joint pharma network
Latam Group's cargo operators and Delta Cargo are expanding their collaboration to extend the number of routes for the transport of pharmaceutical shipments between North and South America. The companies are working together to integrate their pharma network and now offer an... more
Guillaume Faury to be reappointed as CEO
At the company’s annual general meeting in 2025, Airbus SE’s board of directors will propose to its shareholders to renew Guillaume Faury’s mandate as executive member of the board and Airbus CEO. The company has also announced a change at the head of its commercial aircraft... more
Building an inland port
US short line operator Patriot Rail and Merced County have jointly opened a new loading dock at the Castle Commerce Centre CA (USA), laying the foundation for transforming the rail district into an inland port to serve California ports and beyond. In 2023, the state of... more
Augmenting in Alberta 
The Canadian railway and terminal operator Cando Rail is investing in its terminal in Sturgeon AB. The intermodal hub in the west of the country is set to be modernised and simultaneously have its capacity doubled. more
International Transport Journal under new ownership
On 1 November 2024 the MedTrix Group transferred the ownership of the International Transport Journal (ITJ) and the associated titles ITJ Daily, Swisstrans, Worldtrans and the Swiss Shipping Guide, including all of the rights and obligations involved therein, to the Logismedia... more
Rates rise further
According to the latest analysis by World ACD Market Data, average worldwide air cargo spot rates rose by a further +5% in the last full week of October. The reasons are week-on-week (WoW) increases in spot prices from Asia Pacific (+3%), Europe (+7%), and Central & South... more