Air India may get the aviation veteran Alex Cruz as its Chief Executive Officers, unconfirmed reports say. Cruz was the Chairman and CEO of British Airways for five years till 2020. He also headed a Spanish low-cost airline Vueling. Cruz […]
According to the budget documents released yesterday, the government has allocated Rs 62,057 crore to a special purpose vehicle (SPV), Air India Asset Holding Ltd (AIAHL), to house the majority of Air India’s debt. The government has also assigned Rs […]
According to the latest Economic Survey, the Indian aviation industry has started recovering from the pandemic impact. The increased rollout of the COVID-19 vaccine and the easing of travel restrictions worldwide are cited as the reasons for the betterment of […]
India’s full-service carrier Vistara will waive the change fees for one-time rescheduling on all direct bookings with the airline until March 31. Direct bookings are the tickets booked directly with the airline, and hence, this change fee waiver will not […]
With Air India privatization, the biggest speculation that churned the internet was about the possible merger of Vistara with Air India. Putting an end to the rumour mill, Tata Singapore Airlines Chairman Bhaskar Bhat confirmed that no such strategic merger […]
Amid the rising crude oil prices, the shares of aviation companies hit a new low. IndiGo’s shares went down 7% to Rs 1,838.75. SpiceJet shares had hit a 52-week low at Rs 57.70, down 5%. The oil price reached $90 […]
The Air India privatization transaction has been completed today. The Government of India received a consideration of Rs 2,700 crore from Talace Private Limited, a wholly-owned subsidiary of Tata Sons Pvt Ltd. It is retaining the debt of Rs 15,300 […]
Embracing the mission of sustainability, Malaysia Airlines’ parent company has unveiled a range of handbags made from repurposed aircraft materials. The company has partnered with fashion brand Theselina for this purpose. Malaysia Aviation Group and Theselina have used materials from […]
India’s national carrier, soon awaiting its privatisation, gets a new chairman and managing director. A 1993-batch IAS officer of Arunachal Pradesh, Goa, Mizoram and Union Territory cadre Vikram Dev Dutt took charge as the Chairman and Managing Director (CMD) of […]
Penske Logistics celebrated 22 winners virtually today during its second annual Freight Management Carrier Awards program. Category winners were selected from among Penske's expansive base of trucking carriers operating within its freight management operations. There are several award qualifications: A Penske Logistics enterprise scorecard combined with customer, operations and sourcing feedback.
"It is my pleasure to hand out these deserving honors to our 2021 winners," explained LeAnne Coulter, vice president of freight management for Penske Logistics. "These transportation leaders are especially impressive in supporting our freight management customers by going above and beyond during these challenging times."
These are the 2021 Penske Logistics Freight Management Carrier Award recipients:
U.S. Less-Than-Truckload National Carrier Award
Estes
U.S. Less-Than-Truckload Regional Carrier Award
Dayton Freight +
PITT-OHIO
U.S. Truckload National Carrier Award
Crane Transport +
Mercer Transportation
U.S. Truckload Regional Carrier Award
A.D. Transport Express
Carter Express
GSA International +
Pete & Sons Association
Select Dedicated Solutions +
Canada Truckload Award
Charger Logistics
Hunter Express
Lion Force Transport
Broker Services Provider Award
Kirsch Transportation Services
Spot +
Flatbed Services Provider Award
Buchanan Hauling and Rigging +
Keim TS +
Liquid Bulk Services Provider Award
American PetroLog
Andrews Logistics +
Refrigerated Services Provider Award
Southland Transportation +
Intermodal Provider Award (new category)
Alliance Shippers Inc.
Hub Group
+ indicates a two-time winner
Penske Logistics has more than $6.1 billion in freight under management. When there are supplemental freight needs, customers want to know that their freight will reach its destination safely while on time and on budget. Penske Logistics offers award-winning freight management and brokerage solutions to help manage transportation networks, and handle seasonal needs, capacity surges and challenging lanes.