More cash – and simultaneously less debt 
Valenciaport’s consolidated annual results for 2018 underline the maritime region’s stable course. The hub operator Valenciaport runs the ports of Valencia, Sagunto and Gandía in the area. Although profits stayed largely stable they can be considered relatively solid, taking... more
Alabama short line changes ownership 
R. J. Corman Railroad in the USA has finalised a long-term agreement to lease and operate a short-line railroad from the city of Childersburg local redevelopment authority, CSX and Norfolk Southern (NS). The newly formed R. J. Corman Railroad Company/Childersburg Line is a... more
Tancarville at Le Havre makes a leap forward
The first stage of the modernisation of the Tancarville locks close to the port of Le Havre (France), which is part of Haropa, has been completed. By improving its ability to ease the flow of goods into the hinterland, the port aims to enhance the use of the inland waterways.... more
Maritime coordinator receives port award
Norbert Brackmann, the German federal government’s coordinator for the maritime economy, has been honoured with the port award 2019 by Kiel’s port industry. Jens B. Knudsen, chairman of the advisory board of the port of Kiel (Germany), said: “On a federal level, Brackmann... more
New train runs from Southampton to Manchester
In the UK, GB Railfreight (GBRf) has started with another new intermodal service. The train runs from Solent Stevedores, Southampton, to Maritimes Terminal in Trafford, Manchester, five days a week. The service represents the third daily service GBRf offer from one of the... more
More maindeck capacity for Middle Eastern carrier
Saudia Cargo added a second additional weekly freighter flight to operate on Tuesday and Thursday to New York JFK (USA) via Liege, Belgium, by a B747-400F aircraft. Moreover, Saudia Cargo has become the largest player in the Kenya-Europe market by adding four weekly... more
Maritime Group takes space at iPort
The British transport company Maritime Group has agreed a deal to take space at iPort, Verdion’s multimodal logistics hub in Doncaster (UK). The transport operator has agreed a long-term lease on a 16,188 sqm site which will be developed by Verdion into a modern HGV parking... more
Cool in Copenhagen and Paris
Worldwide Flight Services (WFS), an air cargo handler, is investing EUR 10 million in a new pharma centre to expand its range of services for airline and freight forwarder customers at Paris CDG (France). This investment also includes equipment and supplies for the next ten... more
Bombardier Transportation appoints John Saabas
Bombardier Transportation has appointed John Saabas the new head of engineering and technology. Saabas will report directly to Bombardier Transportation president Danny Di Perna and will lead the company’s global technology and product development activities. He will also... more
Estonian rail carrier further raises its profit
The freight transport company Operail in Estonia has increased all of its key financial indicators over the first six months of the year. Compared to H1/2018, the Estonian carrier increased its operating revenue by 2% (EUR 37.7 million); with the biggest increase in sales... more