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The STAT Trade Times

The STAT Trade Times

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STAT Times

STAT Times

One Stop destination for your Logistics & Transportation News

FarEye accelerates growth with expansion in the U.S and Mexico

FarEye, a global SaaS platform provider transforming last-mile logistics, today announced it has expanded operations in...

STAT Times11 Feb 2022 2:22 PM IST
FarEye accelerates growth with expansion in the U.S and Mexico

Japan Airlines and All Nippon Airways give technical approval to Opticooler

DoKaSch Temperature Solutions achieved technical approvals for its "Opticooler" active containers with Japan Airlines...

STAT Times11 Feb 2022 1:49 PM IST
Japan Airlines and All Nippon Airways give technical approval to Opticooler

Another M&A deal in logistics: Descartes buys NetCHB for $40mn

Nasdaq-listed Descartes, a cloud-based logistics and supply chain management solutions provider, has acquired NetCHB, a...

STAT Times11 Feb 2022 1:27 PM IST
The maximum amount payable under the all-cash performance-based earn-out is $60 million

ATSG extends aircraft leasing and operating agreements with DHL

The U.S.-based aviation holding company – Air Transport Services Group (ATSG) Inc. – announced that it has executed...

STAT Times11 Feb 2022 10:34 AM IST
ATSG extends aircraft leasing and operating agreements with DHL

Aleksey Matyushev, co-founder & CEO, Natilus on the $6 billion in advance cargo drone orders

Aleksey Matyushev, co-founder and CEO of Natilus, discusses the significance of the US$6 billion worth of pre-order for...

STAT Times11 Feb 2022 8:00 AM IST
Aleksey Matyushev, co-founder & CEO, Natilus on the $6 billion in advance cargo drone orders

NAS board says Menzies shareholders consider offer

National Aviation Services (NAS), a subsidiary of Agility, believes that its improved possible cash offer at 510 pence...

STAT Times10 Feb 2022 9:48 PM IST
Our offer represents a 76 percent premium over Menzies’ share price just over a week ago: Hassan El-Houry, Group Chief Executive Officer, NAS

DRONAMICS expand R&D team with industry veterans

Bulgaria-based DRONAMICS unveiled the Black Swan, a new type of cargo-carrying unmanned aerial vehicle (UAV) in December...

STAT Times10 Feb 2022 7:44 PM IST
Black Swan, a new type of cargo-carrying unmanned aerial vehicle

TVS Supply Chain Solutions appoints Ravi Viswanathan as managing director

TVS Supply Chain Solutions (TVS SCS), part of TVS Mobility Group, today announced the appointment of Ravi Viswanathan as...

STAT Times10 Feb 2022 6:50 PM IST
Ravi Viswanathan, managing director, TVS Supply Chain Solutions (TVS SCS)

US Labour dept announces worker initiative for workers in warehousing, logistics industries

The increased demand and the constraints on the global supply chain have combined to place enormous strain on America's...

STAT Times10 Feb 2022 3:43 PM IST
US Labour dept announces worker initiative for  workers in warehousing, logistics industries

ICAO, UNECE complete digital air cargo guidance to replace AWB, DGD, CSD

ICAO and the United Nations Economic Commission for Europe (UNECE) have completed new digital air cargo technical...

STAT Times10 Feb 2022 1:43 PM IST
ICAO, UNECE complete digital air cargo guidance to replace AWB, DGD, CSD

Menzies rejects "unsolicited" bid from Agility, stock zooms

National Aviation Services Holding (NAS), a subsidiary of Agility Public Warehousing Co. K.S.C. (Agility), has made an...

STAT Times10 Feb 2022 12:36 PM IST
Opportunistic proposal does not reflect Menzies’ true intrinsic business worth or its prospects: chairman and CEO Philipp Joeinig

Natilus announces $6 billion in advance purchase commitments

San Diego-based Natilus has announced advanced purchase commitments of more than $6 billion for the delivery of over 440...

STAT Times10 Feb 2022 10:33 AM IST
Natilus announces $6 billion in advance purchase commitments
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