New managing partner at AGG
Arnall Golden Gregory (AGG) has elected Sean Fogarty as its new managing partner, effective 1 January 2024. He is an AGG-lifer, having spent nearly 20 years with the firm after he earned his undergraduate and law degrees at the University of Virginia. Fogarty currently... more
Western Global emerges from Chapter 11
Western Global Airlines' plan of reorganisation was confirmed by the US Bankruptcy Court for the District of Delaware after receiving support by all creditors. Under the plan, the US FAA 121 certified long-haul wide-body cargo airline with worldwide coverage has materially... more
New funds to boost air cargo business
Air T, a Charlotte (NC, USA)-based portfolio of independent businesses and financial assets, including overnight air cargo, has completed a private placement of USD 4 million of its 8% Trust Preferred Securities (TruPs) at a price of USD 17 per share for a 12.1% yield to... more
Patriot Rail augments integrated freight services
The US short line owner has assumed ownership and operations of Hydra Distribution & Rail Services and Hydra Transport. Hydra is a specialist in warehousing, transloading, distribution and logistics services. The new integrated Patriot Rail Hydra Logistics &... more
Exporting air cargo from Punta Cana
DP World, a global provider of end-to-end supply chain solutions, has launched its first export operations at its new air cargo logistics hub in Punta Cana, Dominican Republic. The new facility, which was announced earlier this year, enhances the Dominican Republic’s position as... more
TT Club Americas: changes at the helm
TT Club, which provides insurance services to the international freight and logistics sector, has announced a change at the head of its New Jersey office. After 29 years at Thomas Miller, TT’s management company, Leo Kirchner (centre) will retire at the end of June 2024. A... more
WIN adds Jaxport to network
Ocean Network Express (ONE) will introduce its West India North America (WIN) container service in May 2024 to directly connect Jaxport with seven ports in Pakistan, India, Saudi Arabia, Spain, and Egypt. Utilising nine vessels, the WIN service will operate weekly rotations... more
Excellence in logistics rewarded
Thunderous applause at the Tipi at the federal chancellery in Berlin as Cube Storage pioneers Jakob Hatteland and Ingvar Hognaland were inducted into the logistics hall of fame on Europe's largest stationary tent stage. More than 200 international guests from business,... more
Long Beach's eco milestone
The Port of Long Beach has introduced a fleet of 33 zero-emission, battery-electric yard tractors, replacing traditional gasoline and diesel models. This deployment, the largest on the West Coast, is part of the sustainable terminals accelerating regional transformation... more