Intermodal freight traffic gains momentum 
Transport performance in goods traffic in Switzerland fell by 2.2% in 2019 compared to the previous year. Road haulage reported a decline of 2.7% and railfreight dropped by 1.4%, the Federal Statistical Office (BFS) said. Transport performance on the Swiss road and railway... more
CMA CGM serious about air division
A long-held dream has come true. The French shipping group CMA CGM Group is establishing its own specialised airfreight division.The carrier's first move to buy a 30%-stake in the Group Dubreuil, owner of the long-haul airlines Air Caraïbes and French Bee, didn’t materialise.Now... more
Polish affiliate Raben's best
The Raben Group, with its main fields of activities in Germany, the Netherlands and Poland, reported revenues for 2020 of approximately EUR 1.26 billion. The main shipper segments served by the company were food (30.0%), consumer technologies (21.0%), automotive (17.0%),... more
Increasing regional impact
After two back-to-back record-breaking years of cargo volumes, Manchester-Boston Regional Airport (MHT) and Aeroterm have entered into a ground lease to develop a multitenant cargo facility at the airport located in South New Hampshire, some 80 km North of Boston, until 2024.... more
Three promotions at multinational carrier
Global freight and supply chain provider EV Cargo Global Forwarding, which operates in over 100 countries, has announced three high-profile internal promotions to help deliver its global growth strategy: Nick Toye assumes the role of VP – global product and procurement ocean... more
45 new projects to generate 800 new jobs
Genesee & Wyoming’ (G&W) has announced its 2020 US industrial development results, with 45 new projects representing USD 1.6 billion in customer investments expected to generate more than 800 new jobs in communities served by G&W’s freight railroads. Highlights... more
HMM also scores
Like the other big carriers, HMM took advantage of the cargo boom in the pandemic year of 2020. The South Korean group, formerly known as Hyundai Merchant Marine, was able to achieve an operating profit in 2020 of USD 831.1 million, a rise of more than USD 1 billion compared to... more
Centerpoint buys hub in Texas
Center Point Properties has acquired a 56,000 sgm warehouse and office building at 3507 Pasadena Freeway in Pasadena, Texas, from Link Logistics Real Estate. The company highlights the complex's portfolio of connections with the combination of rail service by Union Pacific,... more
VW following in BMW’s tracks 
Johor is an attractive region for German vehicle makers to do business. Four years ago BMW entered the scene; now Volkswagen has followed suit and set up a distribution centre in Malaysia’s southern-most state. It will serve 21 national markets from there. more