Freight rates: price hike expected to continue 
The European road freight rate benchmark for Q4/2021 shows that prices ended 2021 at historic highs in Europe. The index stood at 108.3, 1.1 points higher than in Q3/2021 and 3.2 points higher than in Q4/2020. Q4/2021 is the 6th consecutive quarter of rate increases in Europe.... plus
ZIM reshuffles Latin American services
ZIM is rerouting three services in Latin America. In detail, the liner is introducing a new Venezuela feeder (VEX) and upgrading two existing lines, the Central America Express (LAF) and West Coast Central America (WCA) services. The new rotations for VEX are Manzanilo... plus
Future works at Port of Halifax
As part of its plans to reduce the number of truck loads and related greenhouse gas emissions associated with hauling slate to the Fairview Cove sequestration facility, the Halifax Port Authority (HPA), is preparing to begin infilling the basin between Piers A-1 and B at Ocean... plus
UAV Latam banks on drones
German drone delivery pioneer Wingcopter is partnering with UAV Latam, a Latin American holding with over ten years of experience in the unmanned aerial vehicle space (UAV) and offices in seven countries. Through this alliance, Wingcopter will work with UAV del Peru, a... plus
Latin American location for Leschaco
In February 2022, the Transantartic S.A.C. (TPL), a freight forwarding company based in Lima, Peru, was taken over by the German logistics group Leschaco (Lexzau, Scharbau). The Peruvian player had been a part of the Leschaco Group's agent network for more than ten years.... plus
Short line rail network adds 210 km
US short line railroads operator R. J. Corman has purchased two railroad branches from Norfolk Southern, creating a new company to be called Knoxville and Cumberland Gap Railroad (KXCG). KXCG will have interchange cars in Norfolk Southern’s Sevier Yard. This acquisition will... plus
A bright future for the logistics market
Dublin-based intelligence provider research and markets has published its latest "Global Logistics Market Report and Forecast 2022-2027’". According to its findings, the global logistics market reached a business value of about USD 9,525 billion in 2021. Driven by... plus
Duluth back to pre-pandemic levels
Inland navigation through the Saint-Laurence River and the Great Lakes is also getting back to normal. Throughput in the Port of Duluth-Superior climbed to 32.9 million t in 2021, an increase of 27% compared to 2020 and a 2.3% improvement over the five-season average. 20.4... plus
CN picks Tracy Robinson
CN (Canadian National) has appointed Tracy Robinson as president and chief executive officer and as a member of its board of directors, effective 28 February 2022. This appointment follows the previously announced retirement of Jean-Jacques (“JJ”) Ruest. Robinson, who will... plus
More than ever before
142 hydrogen refuelling stations went into operation worldwide in 2021, – setting a new record. 37 hydrogen stations were opened in Europe, 89 in Asia and thirteen in North America, according to an annual assessment. Meanwhile, hydrogen refuelling is possible in 33... plus