LATAM Cargo started the new year with a new catalyst for growing its perishables business. On January 16, Latin America’s largest carrier opened a US$3.5 million perishable hub facility at Sao Paulo’s Guarulhos airport, the carrier’s largest hub.

Large freight forwarders are ramping up their capabilities to digitize the quoting and selling processes, but many are still falling short of ideal, a study has found.

Mediterranean Shipping Company says it is strongly committed to the IMO’s enhanced low-sulphur regime, which it expects to cost the company some US$2 billion a year.

In October, AirBridge Cargo obtained its renewed CEIV Pharma badge as part of its plan to put a stronger emphasis on premium traffic. Fedor Novikov, deputy general director, special products, says the carrier’s pharma business climbed more than 20% in the first eight months of this year.