A tandem to build a UAM ecosystem
Bristow Group, a global provider of innovative and sustainable vertical flight solutions, and Volocopter, a specialist for urban air mobility (UAM), have signed an agreement to explore and develop passenger and cargo services for electric vertical take-off and landing (eVTOL)... more
Maersk expands in Colombia and Panama
Maersk has opened new fulfilment centres in Colombia and Panama and is investing over USD 200 million to strengthen its logistics infrastructure in Latin America and the Caribbean. The new facilities will provide high-value solutions for regional and international customers, the... more
Ethiopian enhances its cargo service in Mexico
Ethiopian Cargo and Logistics Services has repositioned its operations from Mexico City Airport (MEX) to the brand-new Felipe Ángeles International Airport (NLU) starting from 2 September 2023. Ethiopian Airlines has been operating to Mexico City twice a week using B777F... more
Kuehne + Nagel: a GXP compliant area in Chicago
Kuehne + Nagel has opened the expansion of its Chicago facility containing a new GXP compliant area. At one of the company’s largest healthcare facilities, the expansion features 1,951 sqm of temperature-controlled space with separate areas to support climates from +2°C to... more
Spot rate at its lowest in more than three years
According to the latest weekly market analysis from Clive Data Services, part of Xeneta, the global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic. Of ten major trade lanes, only China-USA and Southeast Asia-USA... more
The supply chain and Mother Nature
More natural catastrophes take a higher toll. In the past it used to be mainly reinsurance companies that were concerned. Today, however, all of the players in the supply chain have to pay more attention to the effects of natural disasters. Low water levels are currently an... more
Panama Canal: restrictions extended
The Panama Canal has prolonged its restrictions by ten months due to the ongoing drought. The measures include reducing the daily ship capacity from 36 to 32 and lowering the maximum allowable draft to 13.4 m, down from 15.2 m. Waiting times for transits have increased,... more
US air forwarders now halfway to Europe
The Washington-based air forwarders' association AFA has welcomed Icelandair Cargo to its 200-strong member base, as it focuses on extending its membership to include Europe-based companies with a US office. Icelandair Cargo joins the AFA as the carrier embarks on the... more
TNW adds scrapping to portfolio
TNW Corporation is cooperating with Easy Recycling Services, a certified industrial scrap company, to expand its rail service portfolio at its Texas North Western Railway (TXNW) line in Sunray (TX). At Sunray, TXNW will now be able to accept a wide variety of railcars that... more
FedEx to open new facility in Istanbul
FedEx Express Europe, a subsidiary of FedEx Corp., has signed an agreement to build a new global air transit facility at IGA Istanbul Airport (IST) by November 2024, reflecting the rapid rise of IST as a strategic cargo hub connecting businesses across six continents. Its... more