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IAG Cargo reports 18.5% increase in revenues

IAG Cargo announced its 2020 full year results, reporting commercial revenues of €1,306 million over the period from January 1 to December 31, 2020, an increase of 18.5% on 2019 at constant currency.  Overall yields for the year were up 94.6% on the same time last year at constant currency. Sold tonnes were down 34.9%. “In 2020, the IAG Cargo team delivered exceptional results amid a challenging economic and ... [+]

Port of Long Beach reports busiest February on record

An unseasonable surge in cargo lifted the Port of Long Beach to its busiest February on record. Dockworkers and terminal operators moved 771,735 twenty-foot equivalent units in February, a 43.3% uptick from the same month last year and marking the largest year-over-year increase for a single ... [+]

Port of Oakland welcomes return of import cargo surge

An unprecedented containerized import surge resumed at the Port of Oakland in February following a January decline. The Port said that import volume soared 26.2% in February compared to the same month in 2020. Oakland welcomed the news after supply chain disruption elsewhere ... [+]

Sonoco ThermoSafe and Unilode sign agreement

Sonoco ThermoSafe, the leading global provider of temperature-assured packaging solutions, and Unilode Aviation Solutions, the market leader in outsourced unit load device (ULD) management and repair services, announce their partnership for the maintenance, repair and handling of Sonoco ThermoSafe’s passive bulk temperature-controlled containers at several ... [+]

Boeing re-delivers 50th 737-800BCF

Boeing re-delivered its 50th 737-800 Boeing Converted Freighter the week of March 8. “As we reach this milestone less than three years after the first 737-800 Boeing Converted Freighter took to the skies, we at Boeing thank our customers for making the 737-800BCF the ... [+]

Lufthansa Cargo posts record earnings

Lufthansa Cargo achieved the best result in its 26-year history in the 2020 financial year. Revenue rose by 11% to 2.76 billion euros, while adjusted EBIT amounted to 772 million euros (previous year: 1 million euros). This corresponds to a margin of 28% (previous year: ... [+]

PhilaPort Breaks Ground on New Near-Dock Warehouse

https://www.youtube.com/watch?v=B5acWKrIa-0 [+]

Descartes Acquires QuestaWeb

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired QuestaWeb, a leading provider of foreign trade zone (FTZ) and customs compliance solutions. Headquartered in the US, QuestaWeb provides cloud-based customs and regulatory compliance solutions. QuestaWeb's market leading FTZ ... [+]

PS Logistics acquires Jason Jones Trucking

PS Holdco, LLC ("PS Logistics") announced t that it has purchased all substantial transportation assets of Jason Jones Trucking, Inc., a privately-owned interstate trucking company that specializes in flatbed shipping in the eastern United States. Headquartered in Shoals, IN, Jason Jones Trucking , maintains a fleet ... [+]

ATA Truck Tonnage Index Increased 1.4% in January

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.4% in January after rising 1.2% in December. In January, the index equaled 114.6 (2015=100) compared with 113.1 in December. ATA recently revised the seasonally adjusted index back five years as part of its ... [+]

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