Alabama Port Authority 1stQ post continued growth

The Alabama Port Authority released its April 2022 results for container volumes through the Port of Mobile showing a 39.7% increase over April 2021 volumes. The port’s container intermodal transfer facility posted 112.6% growth in April compared to April 2021 volumes handled, and refrigerated cargo also maintained its double-digit growth, posting a 57.9% gain over April 2021 volumes. This report follows eight-straight months of container volume growth at the Port ... [+]

Emery Air implements CHAMP’s Cargospot Handling

Emery Air has implemented CHAMP’s Cargospot Handling solution. The solution supports the Chicago-based ground handling agent’s operations at Chicago-Rockford International Airport boosting efficiency and speed of its cargo operations that service the US air cargo supply chain.CHAMP’s Cargospot Handling is a sophisticated and comprehensive cargo ... [+]

IAG Cargo shows 18.6% revenue growth in Q1 2022

IAG Cargo financial results for Q1 2022 show revenues of €432 million for the period from January 1 to March 31, 2022, representing an 18.6% increase at constant currency versus the same period last year. Overall yield for Q1 2022 was up 2.3% at constant ... [+]

Cargo up at Port of Virginia

The Port of Virginia in April processed more than 323,000 TEUs making it the second-most productive month in the port’s history for handling export and import containers.“The operations team really performed well during a very busy month,” said Stephen A. Edwards, CEO and executive director ... [+]

Strong first quarter for Ports of Stockholm

Goods volumes and the number of passengers travelling via Ports of Stockholm are rising. The year's first quarter shows growth in all business segments. RoRo, containers and bulk goods are all increasing, and passenger numbers are continuing to rise rapidly. Ports of Stockholm is one of ... [+]

Lufthansa Cargo orders 10 Boeing freighters

The Lufthansa Group has announced that it will invest in expanding the capacity of Lufthansa Cargo's freighter fleet by ordering ten freighters: three current-technology Boeing 777F freighters and seven 777-8F freighters, the latter of which is Boeing's next-generation freighter. In addition, leases for two B777F ... [+]

Maersk reports record Q1

Maersk delivered record results for Q1 2022 across its businesses, driven by higher rates and strong long-term partnerships with customers seeking end-to-end supply chain support. Revenue was up 55% to $19.3 billion. EBITDA more than doubled to $9.1 billion and free cash flow increased to ... [+]

Descartes Acquires Foxtrot

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Foxtrot, a leading provider of machine learning-based mobile route execution solutions. Foxtrot's advanced machine learning algorithms leverage millions of data points collected from vehicles in the field, helping customers ... [+]

CP, Hapag-Lloyd adds extra call into Port Saint John

Canadian Pacific and Hapag-Lloyd announced on April 25 an additional call into Port Saint John, N.B., via a seasonal extra loader in another step forward for the growing Atlantic Canada port.This additional call follows their inaugural service call into Port Saint John in May 2021, ... [+]

Maersk completes acquisition of Pilot Freight Services

A.P. Moller-Maersk has announced the completion of its acquisition of Pilot Freight Services, a leading U.S.-based international and domestic supply chain provider with cross-border solutions into Canada and Mexico. Pilot Freight Services will be rebranded to Pilot – A Maersk Company.Maersk sees the strategic and ... [+]