Software developer WiseTech Global is making a strategic step in integrating rail into its landside logistics business in North America as it announced the purchase of US-based Blume Global, for US$414 million. WiseTech is buying the rail solutions company from funds managed by Apollo, EQT and other minority shareholders. Blume’s platform enables complete asset management and reservation processing for intermodal railroad operations. The platform helps manage intermodal containers for six … [Read more...] about WiseTech brings in rail game with $414m purchase
transpacific air cargo
Saudia and WFS seal cargo handling deal
In a landmark deal, Saudia Cargo and Worldwide Flight Services have signed a cargo handling contract that extends across key airport gateways in Europe and the US, a press release dated 24 January stated. The contract with WFS, which officially started on 1 February, covers services at several stations in Amsterdam, Frankfurt, Paris, London, Manchester, Brussels, New York, and Washington. The European airside services provider expects to handle over 160,000 tonnes each year for Saudia Cargo, … [Read more...] about Saudia and WFS seal cargo handling deal
CargoAi unveils new payments solution
Air cargo digital enabler CargoAi has made another first move for the industry as the tech company has introduced its integrated payment solution CargoWALLET. The new feature will allow freight forwarders to make payments for their air cargo shipments directly within the CargoMART booking flow. What’s revolutionary with the payment solution is that it will enable any type of freight forwarder, big or small, to book space for their shipments—and paid for—without an IATA CASS number, without an … [Read more...] about CargoAi unveils new payments solution
SATS Indian unit to build cargo hub near Delhi
India’s ambitions to become a major logistics hub could steer in a positive direction with the planned construction of a cargo facility at Noida International Airport, which is scheduled to be completed at the end of 2024. Singapore-based cargo handler SATS announced on Monday last week, 13 February, that its Indian subsidiary AISATS, a joint venture with Tata-owned Air India, has been selected to design, build, finance and operate a multimodal cargo hub by Yamuna International Airport … [Read more...] about SATS Indian unit to build cargo hub near Delhi
Ethiopian adds Xiamen, Shenzhen to cargo network
Ethiopian Airlines is marking its 50th anniversary in China and expanding its cargo services by opening new air freight routes to the mainland. Ethiopian Cargo & Logistics Services has started two weekly freighter flights connecting Xiamen to South America and plans to commence two weekly freighter flights between Shenzhen and Liege on 17 February. The airline has deployed its B777 freighter on the new cargo routes and will link Xiamen with São Paulo and Santiago via … [Read more...] about Ethiopian adds Xiamen, Shenzhen to cargo network
Aramex takes next mile in drone, bot deliveries
Aramex has turned another chapter in its ambitions to become digitally sustainable as the transport and logistics provider announced the successful testing of its drone and roadside bot deliveries in Dubai, a press release confirmed. The initial tests were conducted at the Rochester Institute of Technology in partnership with BARQ EV, a commercial drone delivery service provider in the UAE, and Kiwibot, a Colombia-based company specializing in delivery robotics. The pilot initiative … [Read more...] about Aramex takes next mile in drone, bot deliveries