Big Brown in good shape 
UPS is reaching for the stars, approaching the threshold of USD 100 billion in annual revenues. In 2021, consolidated revenue in the CEP business increased by 15% compared to 2020, amounting to USD 97.3 billion in total. Net profit also took a leap, since adjusted operating... plus
Big order for Boeing's new freighter programme
Qatar Airways will be the 777-8 freighter launch customer with a firm order for 34 jets and options for 16 more, the largest freighter commitment in Boeing history by value (+USD 20 billion at current list prices). Boeing will build the type in its Everett, WA factory, where... plus
CBP seizes two shipments of GBL and DMT
US Customs and Border Protection (CBP) officers in Philadelphia seized two shipments of dangerous controlled substances – gamma butyrolactone (GBL), a date-rape precursor, and dimethyltryptamine (DMT), an LSD-like hallucinogenic – that arrived on 20 January 2022 in express... plus
J.B. Hunt reaching the zenith
Zenith Freight Lines, a subsidiary of Bassett and based in Conover, NC (USA), is being acquired by J.B. Hunt Transport Services of a purchase of USD 87 million. When the transaction has been finalised, J.B. Hunt and Bassett will enter into a long-term services agreement which... plus
Mars elects new officers
The Midwest Association of Rail Shippers (Mars) elected its 2022 slate of officers at its annual winter meeting earlier in January. The 2022 Mars officers are: president Carrie Evans, Iowa Interstate Railroad, Cedar Rapids, Iowa; first vice president Kathy Bathurst, CSX... plus
Battery-electric locos for two US-States
Union Pacific Railroad (UP) in USA is purchasing 20 battery-electric locomotives. The combined purchases and upgrades to yard infrastructure are expected to exceed USD 100 million, representing the largest investment in battery-electric technology by a US Class I railroad.... plus
Delta Cargo rolls out SAF programme
As part of Delta’s net zero strategy, Delta Cargo has launched a sustainable aviation fuel (SAF) programme to help increase the supply and availability of SAF. This programme will enable cargo customers to reduce their environmental footprint and create a more sustainable... plus
Ángel Gurría to join H2 Clipper’s advisory board
Ángel Gurría, the former secretary-general of the organisation of economic co-operation and development (OECD), has joined the advisory board of H2 Clipper, an aerospace and alternative energy company that develops uniquely capable hydrogen-powered airships and end-to-end... plus
Canadian Railway joins top 35
For the first time in history, Canadian Pacific (CP) has been listed the Corporate Knights Global 100 Index, an annual ranking of the most sustainable corporations in the world. CP ranked 34th overall on the 2022 index and was the top performing freight transportation... plus
Container flows stronger in Northern Europe
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose by 0.8 points to 122.8 points (revised) in December 2021. The index for Chinese ports showed a decline this time,... plus