Strong quarter for real estate 
MLP Group, a developer, owner and manager of industrial and logistics parks, continued its positive trend in the first quarter of this year, as is shown in its Q1/2022 results. The value of investment property increased by 5.3% to around EUR 774.5 million and consolidated... more
Latam Cargo’s Jorge Carretero to chair Barig
Jorge Carretero is taking over the chairmanship of the international airline association Barig (board of airline representatives in Germany) with immediate effect. Carretero has been working for Latam Airlines Group for 15 years and is considered an airline expert in the... more
Falko swallowed by Chorus
Chorus Aviation has completed its acquisition of Falko Regional Aircraft, as announced on 27 February 2022. The aim is to transform the Canadian company into a premier full-service provider in regional aviation with capabilities to maximise value at every stage of an aircraft’s... more
Hellmann chooses Julia Nolf
Family-owned logistics service provider Hellmann Worldwide Logistics has appointed Julia Nolf as its new chief commercial officer (CCO) for the Americas region. In her new role, she oversees sales, business development, marketing, and account management across North and Latin... more
ZIM's new outlook on 2022
For the Haifa-headquartered shipping company ZIM, business in Q1/2022 continued the previous year's trend. Unlike some other carriers, ZIM was able to grow its volumes by 5% compared to Q1/2021. The company's adjusted ebitda amounted to USD, 2.5 billion, while net profit reached... more
Expansion in Slovenia and Croatia
Cargo-partner has launched its enlarged logistics centre in Slovenia. Located in the immediate vicinity of Ljubljana Airport, the facility now provides increased storage capacity in a new building with more than 18,000 pallet slots on 14,100 sqm across three floors. Part of... more
Action to stop transport collapse
Diesel prices are up by 63% globally since January 2021 and fuel price rises have hit operator margins by 9% in two months, but their net profit margins are often little more than 3%. The International Road Transport Union (IRU) has now launched a 17-point emergency plan for... more
Avianca Cargo contracts Jettainer
Unit load device (ULD) provider Jettainer and Avianca Cargo have entered into a five-year agreement governing pallet management and maintenance services for the cargo airline. Under the terms of the contract, the Colombian airline, which has its headquarters in Bogota, will... more