Port of Virginia invests in new equipment 
The port of Virginia on the east coast of the USA has ordered 25 Kalmar hybrid shuttle carriers for USD 23 million to enhance its port equipment. Delivery of the new machines is scheduled to be completed by the end of July 2020. The new units will be delivered to Norfolk... more
"Project Sunrise": Longest range - less cargo
The first non-stop commercial airline flight from New York (USA) to Sydney (Australia) landed on Sunday, 20 October 2019, after 19 h 16 min in the air. A total of only 49 passengers and crew (including four pilots) were on the 16,200 km "Dreamliner" flight, supporting... more
NEP Group takes over SOS Global Express
NEP Group, an outsourced technical production partner supporting premier content producers of live sports and entertainment, has acquired SOS Global Express (SOS), an independent international freight forwarding and full-service logistics company that specialises in supporting... more
"The Big Twin" conversion programme launched
Gecas and Israel Aerospace Industries (IAI) have announced the launch of the Boeing 777-300ERSF and the establishment of a passenger to freighter conversion programme. Dubbed "The Big Twin" - denoting its status as the largest ever twin-engined freighter, offering 25%... more
Aris Kekedjian joins board of directors at XPO Logistics
XPO Logistics has appointed Aris Kekedjian to its board of directors. Kekedjian joins the board as an independent director of the company. XPO’s board now consists of nine directors, eight of whom are independent. Bradley Jacobs, chairman and chief executive officer of XPO... more
Iberia fined for (fatally) wrong animal handling
Iberia Airlines, a Spanish member of IAG, has been fined over GBP 142,000 (EUR 158,000) for failing to adhere to strict guidelines that govern the welfare of animals during flights – making it the largest fine for such offences in the UK. The City of London Corporation's... more
Boluda enhances several services
The Boluda Lines shipping company has announced the launch of two new regular services from the Canary Islands (Spain): a direct line with the port of Villagarcía and another with Leixoes, Portugal. Likewise, the shipping company will put more emphasis on the line between Las... more
CCM names Michael Mitchell Interim COO
Consolidated Chassis Management (CCM) has named Michael Mitchell interim COO, effective 1 November 2019. Bringing 30 years of industry experience to the position, Mitchell, who also serves as VP of human resources and administration, has been with CCM since its launch in 2005.... more
Rinchem Company acquires Carolina Tank Lines
Rinchem Company, a chemical management services corporation headquartered in Albuquerque (New Mexico, USA), has acquired the trucking business Carolina Tank Lines, which is based in Burlington, North Carolina. Carolina Tank Lines (CTL) offers transportation services primarily... more
More profit for shareholders
Prologis, a global provider in logistics real estate, has reported its results for the third quarter of 2019. Net earnings per diluted share were USD 0.71 for the quarter compared with USD 0.60 for Q3/2018. Core funds from operations per diluted share was USD 0.97 for the... more