The aerospace giant Pratt & Whitney plans to double production of a new and innovative jet engine by 2020. Proper supply-chain management will play a huge role in the success of the venture.

Lufthansa Cargo has assumed complete ownership of the time:matters Group, a specialist in global same-day delivery and time-critical international spare-parts logistics.

Since the changes in the freight broker bond requirements introduced by the MAP-21 legislation back in 2013, autumn has turned into the bond renewal season for the freight industry. In the next few months, about two thirds of the nearly 17,000 licensed freight brokers are expected to undergo the yearly surety bond renewal.

Cheaper production and material costs as well as weaker demand have driven the price of new container equipment down to record lows and is forecast to fall further during 2016, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.

Total Quality Logistics, a truckload freight brokerage firm, has introduced a new version of TQL TRAX.

Yusen Logistics has expanded its airfreight forwarding network in Mexico, with the addition of a branch in Guadalajara.