Big Money pushing major 3PL merger 
The logistics sector has become more attractive to investors during the pandemic. In the USA, 3PL players Global Tranz and Worldwide Express are now merging – with the financial assistance of a consortium led by CVC Capital partners and following the advice of Armstrong &... more
More air cargo power for Philadelphia
Another US airport is adding weight to its cargo business as Philadelphia International Airport (PHL) wants to expand its air cargo facility footprint by 550,000 sqm and almost triple the surface of its cargo building from 55,700 to 130,000 sqm. The presentation of the... more
Third life for a "Queen of the skies"
From passenger plane to water tanker - and soon a freighter. This is the career of a "jumbo" that was initially in service with Japan Airlines. In 2016, the B747-400 was converted by a group of investors into the largest water bomber ever. With its 66,200-litre... more
Improvements for a registry
The Paris Memorandum on Port State (Paris MOU) control has confirmed that the St Kitts & Nevis International Ship Registry (Skanreg) has been elevated to the Grey List of the Paris Paris MOU. St Kitts & Nevis’ registry has set its sights on moving further up the Grey... more
Wen-Parker Logistics picks VP of operations
New Jersey-based global freight forwarder and supply chain solutions provider Wen-Parker Logistics (WPL) has appointed Shana Riggs as its new vice president of operations. Riggs has held key operational roles with BAX Global, at DB Schenker, ANN Inc. and as VP of operations... more
From Canada to Cairo (and more)
In anticipation of its first maindeck freighters, Air Canada Cargo continues to introduce new all-cargo flights with its long-haul passenger aircraft. Starting today, 17 June 2021, a new service between Montréal and Cairo will be added, operating three times a week with... more
Crossing the Channel and the Atlantic
Customers of Lufthansa Cargo's special speed company Time Matters now have access to more than 30 additional direct flights per week between Paris CDG and ten US stations (Atlanta, Boston, Chicago, Detroit, Houston, Los Angeles, Miami, New York, San Francisco and Washington).... more
Unprecedented profits continue
The Copenhagen-based maritime consultancy Sea-Intelligence reported that the eleven largest shipping lines generated combined operating profits of USD 13.3 billion in H2/2020. Results for the large shipping companies remained equally strong in Q1/2021. While the first... more
Developing an electrical airship platform
Skyborne Technology (STI), Research in Flight (RIF) as prime contractor and Auburn University from Alabama (USA) are now prototyping an electric extended range airship with modular payload under the 1st phase of the Air Force "Afwerx" contract aerial transport platform... more
DP World invests in Canada
The Port of Saint John's in Newfoundland, Canada will benefit from a USD 250 million investment. Operator DP World’s plans include a consolidation of the Rodney and Navy Island terminals with a longer pier, a terminal upgrade and a deeper shipping channel. The modernisation... more