USD 31.3 million net income for Descartes 
The Descartes Systems Group has announced its financial results for the full fiscal year ended January 31, 2019. Revenues were up 16% to USD 275.2 million, compared to USD 237.4 million in the previous fiscal year. Income from operations amounted to USD 41.4 million, up 15%... plus
Weak start for airfreight
The International Air Transport Association (Iata) released data for global airfreight markets showing that demand, measured in freight tonne kilometres (FTKs), was 1.8% lower in January 2019, compared to the same month in 2018. It was the worst performance in the last three... plus
ATSG flying high with Amazon
Air Transport Services Group (ATSG), a US provider of wide-body aircraft leasing, air cargo transportation and related services, posted adjusted ebitda of USD 312.1 million in 2018, a 16% increase vis-à-vis 2017. 2018 was the company’s second straight year of double-digit... plus
Le géant se réveille 
Ce n’est pas le Phénix qui renaît de ses cendres, mais le volume des échanges commerciaux du continent latino-américain a de nouveau augmenté. La société conseil maritime Dynamar a regroupé et présenté les tendances actuelles. plus
C.H. Robinson acquires Space Cargo Group
C.H. Robinson has expanded its global network with the acquisition of The Space Cargo Group. The latter is a provider of international freight forwarding, customs brokerage, and other logistics services in Spain and Colombia. C.H. Robinson purchased Space Cargo for approximately... plus
Ceva opens Ikea's new CDC in New York
Ceva Logistics and Ikea recently celebrated the opening of a new customer distribution centre (CDC) at Staten Island on the US east coast. Under a five year deal, Ceva will manage the 90'600 sqm site and provide warehouse management and fulfilment services. The facility is... plus
Top air trade lanes between EU/US and emerging markets
The latest Agility Emerging Markets Logistics Index (Aemli) shows that the volume of goods exported as airfreight from the EU and USA to the 50 emerging economies that were surveyed amounted to 4.045 million t in 2018, 4% more than in 2017. The three fastest growing trade... plus
Globe Air Cargo Argentina becomes Azul GSSA
The Brazilian Azul Linhas Aéreas, which began operating in 2008, has appointed Globe Air Cargo (GAC) Argentina, an ECS Group subsidiary almost a year old, as its GSSA in Argentina. With this two-year contract, GAC Argentina plans to expand Brazil’s third-largest airline’s... plus
Bita appoints Dale Chrystie as its first chair
Dale Chrystie of Fedex was elected as the first chair of the blockchain in transport alliance standards council (Bitas) during the meeting of its board of directors last month. Chrystie, business fellow and blockchain strategist at Fedex, has been a tireless advocate on... plus
Restrictions on radioactive shipments to and from Belgium
Effective immediately and until further notice, United Cargo is restricting all shipments containing substances classified as radioactive material originating in or destined for Belgium. The carrier said that this restriction "is due to a licensing matter and primarily... plus