World trade in peril, says WTO 
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... more
Leaving Basel after almost ten years
AFG Aviation Ireland has sold a B747-8JA (serial number 40065) to Boeing. The wholly owned subsidiary of Aircraft Finance Germany ferried the aircraft on 15 April 2022 from Basel, Switzerland to Marana, Arizona, where it will very probably be scrapped. Yet the wide-body aircraft... more
New air/road service from China to Mexico
3PL Dimerco has launched a new product for customers shipping automotive components from Southern China to a common manufacturer in Mexico. The company said in a press release that fifteen manufacturers of the metal stamping and die industry based in Southern China share a... more
Fedex Express expanding at Newcastle Intl Airport
Fedex Express, a subsidiary of Fedex Corp. and the world’s largest express transportation company, has expanded its operations at Newcastle International Airport, to serve growing export and import demands in the region. Fedex Express has moved into its own modern facility at... more
Opening doors to the next generation
A group of students currently studying logistics and supply chain management at Auburn University in Alabama (USA) were given an exclusive, behind-the-scenes air cargo familiarisation tour at Atlanta Airport (Georgia) on 25 March 2022. It was a joint initiative planned by... more
Latin America and Africa need new approach
A new study, conducted by Economist Impact, shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in various and regionally specific ways, with companies in South America and Africa facing a more negative outlook.... more
Green Swan Partners welcomes Jamey Noland
Green Swan Partners (GSP), a Pittsburgh, PA-based venture builder, has gained Jamey Noland as partner and chief financial officer (CFO). Noland is a financial executive with experience in a broad range of financial and operational responsibilities including investment... more
Heavy-duty electric vehicle fleet expanded
The US-based forwarder Ruan has invested in an Orange EV full electric terminal truck at an operations facility in St. Joseph, MO (USA). With this addition, the haulier is expanding its heavy-duty electric vehicle fleet and further supporting a sustainable, energy efficient... more
Alpine acquires Suburban Air Freight
Alpine Air Express, a regional air cargo carrier operating throughout North America, has acquired Suburban Air Freight ("Suburban"). This strategic addition marks Alpine's second acquisition since becoming a portfolio company of AE Industrial Partners,... more
An acquisition in Canada
Michigan (USA)-based Lineage Logistics is acquiring Canada’s Versa Cold Logistics Services from Tor Quest Partners and its co-investors the Investment Management Corporation of Ontario and OP Trust. Financial details were not disclosed. Founded in 1941 and headquartered in... more