Archives



Business

U.S. Ports Receive Nearly $30 Million in FY 2021 Port Security Grants

The American Association of Port Authorities (AAPA) announced that the U.S. Department of Homeland Security’s (DHS) Federal Emergency Management Agency (FEMA) has recently awarded $100 million to over 44 U.S. Port Authorities, along with numerous terminal operators, municipalities and policing entities to further enhance the protection of critical port infrastructure from threats through the agency’s Port Security Grant Program (PSGP). Consistent with previous years’ awards, port authorities themselves received almost ... [+]

Air One Aviation generates 145m kilos of bookings for ATC

Air One Aviation has generated over 145 million kilos of cargo for over 1,300 Boeing 747 freighter flights in its first 12 months as the global general sales agency partner of AEROTRANSCARGO (ATC). Prior to appointing UK-headquartered Air One Aviation on 1 August 2020, AEROTRANSCARGO was ... [+]

DHL Express orders first-ever all-electric cargo planes

DHL Express, the world’s leading express service provider, and Eviation, the Seattle-area based global manufacturer of all-electric aircraft, write aviation history in announcing that DHL is the first to order 12 fully electric Alice eCargo planes from Eviation. With this engagement DHL aims to set ... [+]

Estafeta Carga Aérea renews for CHAMP Cargospot Airline

Estafeta Carga Aérea has renewed for CHAMP’s Cargospot Airline and will migrate to a SaaS model of the cargo management application. The carrier has been using the core cargo solution as a licensed customer for over 16 years and will continue to rely on the ... [+]

Port of Brownsville proved resilient in 2020

The Port of Brownsville has come a long way in its 85-year history, finding ways to overcome challenges and ever-changing global markets.The port proved resilient throughout 2020 in the face of the COVID-19 pandemic and its related economic challenges, moving a record-setting 11.6 million short ... [+]

WFS acquires R.A.HAND

Worldwide Flight Services (WFS), the world’s largest air cargo handler, has acquired Paris-based R.A.HAND, extending its specialist handling services to freight forwarders in France.Formed in 2010 and based at Paris Charles de Gaulle Airport, R.A.HAND works exclusively with French and international freight forwarding companies, providing ... [+]

Third-Party Logistics Companies See Record Sales

Capstone Partners, a leading middle market investment banking firm, released its June 2021 Transportation & Logistics Public Earnings Update, reporting that third-party logistics companies saw record sales due to the shift in consumer behavior towards e-commerce, with the pandemic playing an important role. The demand ... [+]

CEVA Logistics Acquires in Latin America

As part of its development strategy, CEVA Logistics has announced that it signed an agreement to acquire 100% of the shares of Cargex S.A., an international freight forwarding and perishable goods expert based in Bogotá, Colombia. At closing of the acquisition, CEVA would also take ... [+]

GCT New York welcomes Wan Hai Lines

GCT USA, at its GCT New York terminal, welcomed the largest Intra-Asia carrier, Wan Hai Lines, to its facilities with the arrival of the Cape Mayor on July 30, 2021.The Cape Mayor is the first vessel call of Wan Hai Lines' new independent weekly service ... [+]

GEODIS Acquires Velocity Transport

GEODIS, a global supply chain operator, has reached an agreement to acquire substantially all of the assets of Velocity Freight Transport, Inc., a leading freight brokerage company based in Plano, Texas, from McLane Company, Inc., a subsidiary of Berkshire Hathaway. "With the acquisition of Velocity, we ... [+]

More »