A new way to finance freight aircraft 
ABL Aviation, an independent global full-service aircraft asset manager, has delivered a Boeing 777-200LRF to air cargo carrier Atlas Air. The deal was structured as a Japanese operating lease with call option (Jolco) combined with debt guaranteed by the Aircraft Finance... more
The challenge of feeding football fans
In the USA, Black Friday, Thanksgiving, Christmas, and the Super Bowl are some of the biggest events for consumers and for the logistics industry. More specifically, feeding the football fans is a big challenge, Compass Logistics, a road, intermodal, and specialised service... more
From Siemens to Daimler Truck
Eva Scherer will join Daimler Truck Holding’s supervisory board on 1 April 2024. Her current position is executive vice president and global head of investor relations at Siemens. Scherer started her professional career in 2003 as a trainee at Siemens, and then held various... more
Power flower
Through its air cargo subsidiaries, the Latam group concluded a historic Valentine's season by exporting close to 25,000 t in just 21 days from Colombia and Ecuador. With a significant increase in the frequency of services from these countries, this marked a 36% leap compared to... more
Top speeds for Amazon
Amazon achieved its fastest ever delivery speeds in 2023, reaching Prime members on the same or the next day. To reach this milestone, the company first focused on its regionalised delivery model, shipping orders from locations close to customers. In Europe, the company... more
GCL appoints new CFO
Global Critical Logistics (GCL), a global provider of logistics, shipping, and freight services, has appointed J.P. Hannan as its new chief financial officer for its entire platform, including Rock-it Cargo, Dietl, Dynamic, Cars, Cosdel, Xtreme and Dell Will. Hannan joins... more
Network upgrades to improve efficiency
Norfolk Southern Railways completed USD 1 billion in infrastructure projects in 2023. Aimed to enhance safety and productivity, the upgrades involved all of the company's 31,400 km long network in 22 states. Specifically, the US class I railway carried out 1,000 track km of... more
FedEx: a VP for Italy, Spain and Portugal
FedEx Express Europe has appointed Frédéric François as vice president ground operations Italy, Spain, and Portugal, succeeding Stefania Pezzetti. François began his career at an international law firm and then joined FedEx in 2017. He has held various senior executive roles... more
Air cargo rates: a new moon rises
Ahead of the Lunar New Year on 10 February, World ACD has reported a strong increase of rates for air cargo shipments from China to North America (+14%) and to Europe (+8%), although rates are still well below their level in early December. The analysis reveals that, in... more
Maxed out, but with plans for the future
Working at full capacity, the Port of Trois-Rivières in Canada saw a stable freight throughput of 4.2 million t in 2023, with consistent volumes in the dry bulk, liquid bulk, and general cargo segments. President and CEO Gaétan Boivin attributes this achievement to the... more