Newsletter - 25th January 2021

Daily News Updates / 25th January 2021

Logistics
MARK’s urban logistics platform Crossbay secures €550m in equity commitments to support portfolio growth Crossbay, the first pan-European logistics platform to focus on single-tenant distribution centers, has agreed to a €400m debt facility with global investment bank Citi to help ... READ MORE

Airlines
Safe alternative testing solution for crews – Air France KLM Martinair Cargo’s network remains intact To further reduce the consequences of the Covid-19 pandemic, the Dutch government recently announced several new far-reaching measures, including additional travel restrictions an... READ MORE

Logistics
U-Freight restructures in the Netherlands and adds e-commerce warehousing In the Netherlands, the U-Freight Group has restructured the management team at its headquarters in Amsterdam.Robert Rens has been promoted from operations manager to operations d... READ MORE

Airlines
Korean Air Cargo, SkyCell partner to ship vital vaccines in a sustainable way SkyCell has partnered with Korean Air Cargo as it focuses on business development in Korea. The partnership follows SkyCell’s recent launch of a service center in Seoul and the ... READ MORE

Logistics
DB Schenker extends global network with first-ever flights to America, Europe, and Asia In light of the Covid-19 pandemic, DB Schenker has extended its global flight network. For the first time in its company history, own-controlled flights connect America, Europe, a... READ MORE

Airlines
Alaska Cargo and Cold Storage launch cold-chain facility at Anchorage Airport Alaska Cargo and Cold Storage (ACCS) and the State of Alaska executed a 55-year lease agreement at Ted Stevens Anchorage International Airport (ANC), marking a major milestone in ... READ MORE

Freight Forwarders
UPS Announces Agreement to Sell UPS Freight to TFI International Inc. UPS, has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. for $800 million, subject to working capital and other adjustments. “We’re... READ MORE

Ground Handler
Çelebi Aviation is expanding its Cold Storage Facilities in Frankfurt. As part of the preparation for the increasing flow of Pharma shipments and to keep Çelebi’s aim and focus on their planned growth, they have announced the opening of a brand-ne... READ MORE

People
Alaska Air Group board of directors appoints Daniel Elwell as the newest member Alaska Air Group announced today the appointment of Daniel Elwell to the company's board of directors, effective immediately. Elwell will also join the boards of directors of... READ MORE

People
Allcargo Logistics appoints Suresh Kumar as Chief Executive Officer – India Allcargo Logistics, India’s largest end-to-end logistics services provider has appointed Suresh Kumar as its Chief Executive Officer – India. With over 28 years of industry ex... READ MORE

People
PayCargo appoints Michael White to its Board PayCargo has appointed Michael White to its Board as the payments network for the global supply chain industry continues to grow and reach new markets. Michael brings more than... READ MORE

People
Magali Beauregard joins CargoAi as Chief Customer Officer CargoAi is pleased to announce the arrival of Magali Beauregard as Chief Customer Officer, who will take up her role from 1 February 2021. The recruitment of the former Head of Co... READ MORE