PEMCO to perform 737 freighter conversions for China’s Longhao

Guangdong Longhao Aviation Group (GLHA), a subsidiary of the diversified Longhao Group, has signed up for three 737-300 conversions from Jinan Shandong-based STAECO, a Pemco World Air Services (PEMCO) conversion partner. GLHA is a relative newcomer to the aviation sector. Its parent company, headquartered in Zhujiang Newtown in Southern China, is better known for its[…]

U.S., Cuba solidify air transport agreement

Tentative approval for scheduled airline services from ten U.S. cities to Cuba may have implications for air cargo movement between the two countries. The news comes months after the U.S. Airforwarders Association (AfA) urged the country’s Department of Transportation (DOT) to assign routes to U.S. airlines that also offer cargo services. Tentative awards have now[…]

Honeywell to acquire warehouse automation firm Intelligrated

The race for warehouse automation is heating up with the news this week that Honeywell has signed an agreement to acquire privately held supply chain and warehouse automation firm Intelligrated from a company backed by Permira funds, a private equity firm. The deal, worth US$1.5 billion, transfers ownership of “mission-critical warehouse execution systems and software”[…]