Investment in Jaxport Channel continues
Keeping up public investment, the US federal government has just earmarked USD 93 million for the next phase of deepening Florida's Jacksonville shipping channel to 14 m from its current depth of 12 m. This step is part of the US government's full funding of its portion of... more
UPS expands Mexican air network
UPS has launched a new flight for export shipments out of Querétaro, Mexico, featuring an A300 aircraft with 55 t of cargo capacity. The investment in UPS’s global logistics network gives Mexican businesses more opportunity to take advantage of the USMCA to export their products... more
Outstanding year for the port of Toronto
The port of Toronto enjoyed a good year in 2019, handling 2.3 million t (MMT) of cargo. This load marked a peak over the last 15 years. The number of ships visiting the port increased by a significant 20%, with 213 ships calling in 2019 versus 179 ships in 2018. Overall, the... more
Boeing secures three new B737-800BCF conversions
BBAM and Boeing have announced that the commercial jet aircraft lessor has ordered three B737-800 Boeing converted freighters (BCF), underscoring the growing e-commerce and express sector. With one of the world’s biggest next-generation 737 fleets, San Francisco-based BBAM has... more
Pelican Biothermal acquires Nanocool
Pelican Biothermal has acquired Nanocool, an Albuquerque, New Mexico-based manufacturer of temperature-controlled packaging solutions. “The core competency of Pelican Biothermal and Nanocool — innovative temperature-controlled packaging — is very much aligned, but there is... more
Gone with the wind
Thanks to Storm Ciara, several airlines operating on the North Atlantic route reported a night of speed records. With 5:13, a B787 of Norwegian chronicled the fastest ever flight between New York and London. According to Flightradar24, British Airways set a new subsonic... more
New bridge to improve railfreight services
US short line railroad Reading & Northern (R&N) has opened a new USD 14 million bridge over the Lehigh River in Pennsylvania (USA). It connects the R&N's Reading and Lehigh Divisions and allows an expedited move between Reading and the Scranton area. According to... more
Transatlantic EMA service to kick off in April
A coalition of Asian shipping companies is on the move. Cosco Shipping Lines, Orient Overseas Container Line (OOCL), Ocean Network Express (ONE) and Yang Ming will launch a new transatlantic service, the East Mediterranean – America service (EMA) covering ports in Turkey,... more
Ware2Go finds new CEO
Ware2Go, an on-demand fulfilment platform owned by UPS that helps merchants enhance their delivery experience, has chosen Stephen Denton as its new CEO. Denton is an industry executive who has successfully led the acquisitions and integrations of 12 organisations in various... more
Clive's first monthly market analysis raises questions
The global air cargo market saw a 4% year-on-year decline in the four weeks to 2 February 2020, according to the latest "dynamic load factor" market intelligence from Clive Data Services, consolidates data shared by a representative group of international airlines.... more