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
A vibrant industry in Miami, Singapore, Brussels!
The time when fairs and conferences worldwide either had to be cancelled, or shifted (sometimes to virtual spaces), went on for far too long for many people in aviation. more
New woman at Montreal's helm
The Montreal Port Authority (MPA) has appointed Julie Gascon as president and CEO. With her proven track record in the marine industry she’ll bring in-depth knowledge of operations in the transport sector to the entire gateway and implement its strategic plan for... more
Redelivery of 150th B747 freighter
The Hong-Kong-based MRO solutions provider Haeco has redelivered its 150th B747-8F aircraft to Atlas Air, marking a significant milestone in a collaboration that began in 2006. The partnership extends beyond the B747-8F to include other aircraft types such as the Boeing 747-400F... more